Vanguard Group Inc. raised its holdings in shares of Resideo Technologies, Inc. (NYSE:REZI - Free Report) by 0.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 16,137,439 shares of the company's stock after buying an additional 75,940 shares during the quarter. Vanguard Group Inc. owned about 10.98% of Resideo Technologies worth $371,968,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors also recently modified their holdings of the stock. R Squared Ltd bought a new position in shares of Resideo Technologies during the 4th quarter valued at about $30,000. Smartleaf Asset Management LLC raised its holdings in Resideo Technologies by 293.3% in the 4th quarter. Smartleaf Asset Management LLC now owns 2,600 shares of the company's stock worth $60,000 after purchasing an additional 1,939 shares in the last quarter. Blue Trust Inc. raised its stake in Resideo Technologies by 28.9% in the fourth quarter. Blue Trust Inc. now owns 3,241 shares of the company's stock worth $75,000 after buying an additional 726 shares in the last quarter. GAMMA Investing LLC raised its position in shares of Resideo Technologies by 19.8% in the 4th quarter. GAMMA Investing LLC now owns 3,918 shares of the company's stock worth $90,000 after acquiring an additional 647 shares in the last quarter. Finally, Harvest Fund Management Co. Ltd bought a new position in Resideo Technologies in the fourth quarter worth $119,000. 91.71% of the stock is currently owned by institutional investors.
Resideo Technologies Stock Up 0.0 %
NYSE REZI traded up $0.01 during trading hours on Monday, reaching $15.63. 1,698,353 shares of the company's stock traded hands, compared to its average volume of 912,375. The firm has a 50-day simple moving average of $19.45 and a 200 day simple moving average of $21.81. Resideo Technologies, Inc. has a 52-week low of $14.71 and a 52-week high of $28.28. The firm has a market cap of $2.31 billion, a PE ratio of 24.80 and a beta of 2.04. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.82 and a quick ratio of 1.10.
Resideo Technologies (NYSE:REZI - Get Free Report) last announced its quarterly earnings results on Thursday, February 20th. The company reported $0.51 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.59 by ($0.08). Resideo Technologies had a return on equity of 11.12% and a net margin of 1.69%. The firm had revenue of $1.86 billion during the quarter, compared to the consensus estimate of $1.84 billion. Sell-side analysts anticipate that Resideo Technologies, Inc. will post 2.13 EPS for the current fiscal year.
About Resideo Technologies
(
Free Report)
Resideo Technologies, Inc develops, manufactures, and sells comfort, energy management, and safety and security solutions to the commercial and residential end markets in the United States, Europe, and internationally. The company operates in two segments, Products and Solutions, and ADI Global Distribution.
Read More
Before you consider Resideo Technologies, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Resideo Technologies wasn't on the list.
While Resideo Technologies currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Enter your email address and below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
