Phocas Financial Corp. trimmed its position in Resideo Technologies, Inc. (NYSE:REZI – Get Rating) by 1.7% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 148,209 shares of the company's stock after selling 2,493 shares during the quarter. Phocas Financial Corp.'s holdings in Resideo Technologies were worth $3,532,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Versor Investments LP purchased a new stake in shares of Resideo Technologies during the 1st quarter valued at $208,000. Qube Research & Technologies Ltd increased its position in shares of Resideo Technologies by 11.3% during the 4th quarter. Qube Research & Technologies Ltd now owns 18,783 shares of the company's stock valued at $489,000 after purchasing an additional 1,903 shares during the last quarter. Greenlight Capital Inc. raised its holdings in shares of Resideo Technologies by 29.4% during the 1st quarter. Greenlight Capital Inc. now owns 1,513,383 shares of the company's stock valued at $36,064,000 after buying an additional 344,000 shares in the last quarter. Barclays PLC boosted its stake in Resideo Technologies by 54.2% in the fourth quarter. Barclays PLC now owns 199,914 shares of the company's stock worth $5,203,000 after buying an additional 70,239 shares in the last quarter. Finally, SummerHaven Investment Management LLC grew its holdings in shares of Resideo Technologies by 4.6% during the 1st quarter. SummerHaven Investment Management LLC now owns 31,775 shares of the company's stock valued at $757,000 after purchasing an additional 1,386 shares during the last quarter. Institutional investors own 93.40% of the company's stock.
Get Resideo Technologies alerts:Resideo Technologies Trading Down 2.9 %
Shares of NYSE:REZI traded down $0.60 on Wednesday, reaching $20.14. 2,241 shares of the company traded hands, compared to its average volume of 624,220. The business's 50-day simple moving average is $21.65 and its 200 day simple moving average is $22.67. The company has a current ratio of 1.57, a quick ratio of 0.96 and a debt-to-equity ratio of 0.59. Resideo Technologies, Inc. has a 52 week low of $18.36 and a 52 week high of $28.86. The stock has a market capitalization of $2.93 billion, a P/E ratio of 9.78 and a beta of 2.18.
Resideo Technologies (NYSE:REZI – Get Rating) last announced its earnings results on Thursday, August 4th. The company reported $0.63 EPS for the quarter, beating analysts' consensus estimates of $0.57 by $0.06. The company had revenue of $1.69 billion during the quarter, compared to the consensus estimate of $1.66 billion. Resideo Technologies had a return on equity of 13.79% and a net margin of 5.14%. The firm's revenue for the quarter was up 14.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.39 earnings per share. As a group, equities analysts anticipate that Resideo Technologies, Inc. will post 2.38 EPS for the current fiscal year.Resideo Technologies Company Profile
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Resideo Technologies, Inc develops, manufactures, and sells comfort, residential thermal, and security solutions to the commercial and residential end markets in the United States, Europe, and internationally. The company operates in two segments, Products & Solutions, and ADI Global Distribution.
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