Steph & Co. Has $263,000 Holdings in Resideo Technologies, Inc. (NYSE:REZI)

Steph & Co. trimmed its stake in Resideo Technologies, Inc. (NYSE:REZI) by 6.7% during the 4th quarter, HoldingsChannel.com reports. The firm owned 11,422 shares of the company’s stock after selling 824 shares during the period. Steph & Co.’s holdings in Resideo Technologies were worth $263,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently bought and sold shares of REZI. Commonwealth Equity Services LLC increased its position in shares of Resideo Technologies by 3.4% during the second quarter. Commonwealth Equity Services LLC now owns 13,702 shares of the company’s stock valued at $268,000 after purchasing an additional 454 shares during the period. Quest Partners LLC increased its holdings in Resideo Technologies by 2.3% in the 3rd quarter. Quest Partners LLC now owns 22,045 shares of the company’s stock valued at $444,000 after buying an additional 505 shares during the period. GAMMA Investing LLC increased its holdings in Resideo Technologies by 19.8% in the 4th quarter. GAMMA Investing LLC now owns 3,918 shares of the company’s stock valued at $90,000 after buying an additional 647 shares during the period. Hsbc Holdings PLC raised its stake in shares of Resideo Technologies by 3.3% in the 2nd quarter. Hsbc Holdings PLC now owns 23,479 shares of the company’s stock valued at $457,000 after buying an additional 747 shares in the last quarter. Finally, Blue Trust Inc. lifted its holdings in shares of Resideo Technologies by 55.0% during the 3rd quarter. Blue Trust Inc. now owns 2,515 shares of the company’s stock worth $49,000 after acquiring an additional 892 shares during the period. 91.71% of the stock is currently owned by institutional investors and hedge funds.

Resideo Technologies Stock Performance

NYSE REZI opened at $22.94 on Thursday. The stock has a market cap of $3.37 billion, a P/E ratio of 20.67 and a beta of 2.17. The company has a quick ratio of 1.10, a current ratio of 1.82 and a debt-to-equity ratio of 0.69. Resideo Technologies, Inc. has a twelve month low of $16.36 and a twelve month high of $28.28. The company’s 50-day simple moving average is $25.04 and its 200 day simple moving average is $21.75.

Insider Activity

In other Resideo Technologies news, insider Robert B. Aarnes sold 98,829 shares of Resideo Technologies stock in a transaction on Wednesday, November 20th. The stock was sold at an average price of $26.16, for a total transaction of $2,585,366.64. Following the completion of the transaction, the insider now directly owns 458,928 shares of the company’s stock, valued at approximately $12,005,556.48. This trade represents a 17.72 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 1.50% of the company’s stock.

Resideo Technologies Profile

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.