River Global Investors LLP Sells 47,698 Shares of Resideo Technologies, Inc. (NYSE:REZI)

River Global Investors LLP cut its position in shares of Resideo Technologies, Inc. (NYSE:REZI) by 44.0% during the 4th quarter, Holdings Channel reports. The firm owned 60,715 shares of the company’s stock after selling 47,698 shares during the quarter. River Global Investors LLP’s holdings in Resideo Technologies were worth $1,399,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. R Squared Ltd purchased a new position in shares of Resideo Technologies in the 4th quarter worth approximately $30,000. International Assets Investment Management LLC increased its position in shares of Resideo Technologies by 1,740.5% during the third quarter. International Assets Investment Management LLC now owns 2,135 shares of the company’s stock valued at $43,000 after acquiring an additional 2,019 shares during the last quarter. Smartleaf Asset Management LLC lifted its holdings in Resideo Technologies by 293.3% during the fourth quarter. Smartleaf Asset Management LLC now owns 2,600 shares of the company’s stock worth $60,000 after acquiring an additional 1,939 shares during the period. Blue Trust Inc. boosted its position 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 purchasing an additional 726 shares during the last quarter. Finally, GAMMA Investing LLC grew its stake 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 purchasing an additional 647 shares during the period. 91.71% of the stock is owned by institutional investors.

Resideo Technologies Trading Up 0.1 %

NYSE REZI opened at $18.47 on Friday. The business’s fifty day moving average is $21.76 and its 200-day moving average is $22.02. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.82 and a quick ratio of 1.10. The stock has a market capitalization of $2.73 billion, a price-to-earnings ratio of 29.32 and a beta of 2.32. Resideo Technologies, Inc. has a one year low of $17.43 and a one year high of $28.28.

Resideo Technologies (NYSE:REZI) last announced its quarterly earnings data on Thursday, February 20th. The company reported $0.51 EPS for the quarter, missing the consensus estimate of $0.59 by ($0.08). Resideo Technologies had a return on equity of 11.12% and a net margin of 1.69%. The company had revenue of $1.86 billion during the quarter, compared to the consensus estimate of $1.84 billion. Equities research analysts predict that Resideo Technologies, Inc. will post 2.13 EPS for the current year.

Resideo Technologies Company 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.