PNC Financial Services Group Inc. Has $274,000 Holdings in Resideo Technologies, Inc. (NYSE:REZI)

PNC Financial Services Group Inc. lessened its position in shares of Resideo Technologies, Inc. (NYSE:REZI) by 12.5% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 14,546 shares of the company’s stock after selling 2,071 shares during the period. PNC Financial Services Group Inc.’s holdings in Resideo Technologies were worth $274,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of REZI. International Assets Investment Management LLC raised its position in shares of Resideo Technologies by 648.2% in the 4th quarter. International Assets Investment Management LLC now owns 1,863 shares of the company’s stock worth $35,000 after acquiring an additional 1,614 shares in the last quarter. United Services Automobile Association bought a new position in shares of Resideo Technologies during the 4th quarter worth approximately $224,000. Dynamic Technology Lab Private Ltd acquired a new stake in shares of Resideo Technologies during the 4th quarter worth approximately $236,000. Linden Thomas Advisory Services LLC increased its stake in shares of Resideo Technologies by 26.5% in the 4th quarter. Linden Thomas Advisory Services LLC now owns 16,575 shares of the company’s stock valued at $312,000 after acquiring an additional 3,473 shares in the last quarter. Finally, Teacher Retirement System of Texas increased its stake in shares of Resideo Technologies by 59.6% in the 4th quarter. Teacher Retirement System of Texas now owns 18,090 shares of the company’s stock valued at $340,000 after acquiring an additional 6,754 shares in the last quarter. Institutional investors and hedge funds own 91.71% of the company’s stock.

Resideo Technologies Stock Up 1.0 %

Shares of NYSE REZI opened at $19.56 on Monday. Resideo Technologies, Inc. has a 12-month low of $14.19 and a 12-month high of $23.21. The company has a quick ratio of 1.26, a current ratio of 1.93 and a debt-to-equity ratio of 0.50. The firm has a market cap of $2.86 billion, a PE ratio of 14.71 and a beta of 2.14. The company’s fifty day simple moving average is $20.57 and its 200 day simple moving average is $20.11.

Resideo Technologies (NYSE:REZI) last issued its earnings results on Thursday, May 2nd. The company reported $0.47 EPS for the quarter, beating the consensus estimate of $0.33 by $0.14. Resideo Technologies had a return on equity of 9.26% and a net margin of 3.17%. The company had revenue of $1.49 billion during the quarter, compared to the consensus estimate of $1.48 billion. During the same period last year, the business posted $0.39 EPS. The firm’s revenue for the quarter was down 4.1% compared to the same quarter last year. As a group, sell-side analysts forecast that Resideo Technologies, Inc. will post 1.87 earnings per share for the current fiscal year.

Insider Transactions at Resideo Technologies

In other Resideo Technologies news, Director Nina Richardson sold 5,578 shares of the firm’s stock in a transaction on Thursday, May 9th. The shares were sold at an average price of $21.33, for a total value of $118,978.74. Following the transaction, the director now directly owns 51,311 shares of the company’s stock, valued at $1,094,463.63. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In other news, Director Nina Richardson sold 5,578 shares of the stock in a transaction that occurred on Thursday, May 9th. The stock was sold at an average price of $21.33, for a total value of $118,978.74. Following the completion of the sale, the director now directly owns 51,311 shares of the company’s stock, valued at $1,094,463.63. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CAO Tina M. Beskid sold 7,057 shares of the firm’s stock in a transaction that occurred on Tuesday, May 21st. The shares were sold at an average price of $21.67, for a total value of $152,925.19. Following the completion of the transaction, the chief accounting officer now owns 52,824 shares in the company, valued at approximately $1,144,696.08. The disclosure for this sale can be found here. Insiders have sold 15,945 shares of company stock valued at $342,937 over the last ninety days. 1.50% of the stock is owned by company insiders.

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.