Xponance Inc. Takes $293,000 Position in Resideo Technologies, Inc. (NYSE:REZI)

Xponance Inc. acquired a new position in Resideo Technologies, Inc. (NYSE:REZI) during the 4th quarter, HoldingsChannel.com reports. The firm acquired 12,718 shares of the company’s stock, valued at approximately $293,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. CIBC Asset Management Inc raised its position in Resideo Technologies by 4.5% during the fourth quarter. CIBC Asset Management Inc now owns 14,546 shares of the company’s stock valued at $335,000 after purchasing an additional 624 shares in the last quarter. GAMMA Investing LLC raised its holdings in shares of Resideo Technologies by 19.8% during 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 in the last quarter. Highland Capital Management LLC lifted its position in Resideo Technologies by 6.5% in the 4th quarter. Highland Capital Management LLC now owns 10,854 shares of the company’s stock worth $250,000 after buying an additional 666 shares during the last quarter. Blue Trust Inc. boosted 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. Finally, Nilsine Partners LLC boosted its stake in Resideo Technologies by 8.6% in the fourth quarter. Nilsine Partners LLC now owns 15,607 shares of the company’s stock worth $360,000 after buying an additional 1,234 shares in the last quarter. 91.71% of the stock is owned by hedge funds and other institutional investors.

Resideo Technologies Trading Up 0.6 %

REZI stock opened at $18.53 on Friday. The company has a market capitalization of $2.74 billion, a PE ratio of 29.41 and a beta of 2.32. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.10 and a current ratio of 1.82. Resideo Technologies, Inc. has a one year low of $16.88 and a one year high of $28.28. The company’s 50 day moving average price is $20.29 and its two-hundred day moving average price is $21.85.

Resideo Technologies (NYSE:REZI) last issued its earnings results on Thursday, February 20th. The company reported $0.51 EPS for the quarter, missing analysts’ consensus estimates of $0.59 by ($0.08). The business had revenue of $1.86 billion during the quarter, compared to analysts’ expectations of $1.84 billion. Resideo Technologies had a return on equity of 11.12% and a net margin of 1.69%. As a group, analysts predict that Resideo Technologies, Inc. will post 2.13 earnings per share for the current fiscal 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.