Horizon Kinetics Asset Management LLC Has $1.81 Million Position in Resideo Technologies, Inc. (NYSE:REZI)

Horizon Kinetics Asset Management LLC cut its position in shares of Resideo Technologies, Inc. (NYSE:REZI) by 10.1% during the 4th quarter, Holdings Channel reports. The firm owned 78,312 shares of the company’s stock after selling 8,800 shares during the quarter. Horizon Kinetics Asset Management LLC’s holdings in Resideo Technologies were worth $1,805,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of REZI. State of New Jersey Common Pension Fund D increased its stake in shares of Resideo Technologies by 12.1% during the 3rd quarter. State of New Jersey Common Pension Fund D now owns 97,282 shares of the company’s stock worth $1,959,000 after purchasing an additional 10,515 shares during the last quarter. Victory Capital Management Inc. increased its stake in shares of Resideo Technologies by 14.3% during the 3rd quarter. Victory Capital Management Inc. now owns 165,748 shares of the company’s stock worth $3,338,000 after purchasing an additional 20,723 shares during the last quarter. Quest Partners LLC increased its stake in shares of Resideo Technologies by 2.3% during the 3rd quarter. Quest Partners LLC now owns 22,045 shares of the company’s stock worth $444,000 after purchasing an additional 505 shares during the last quarter. Segall Bryant & Hamill LLC increased its stake in shares of Resideo Technologies by 1,344.3% during the 3rd quarter. Segall Bryant & Hamill LLC now owns 175,440 shares of the company’s stock worth $3,533,000 after purchasing an additional 163,293 shares during the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. acquired a new position in shares of Resideo Technologies during the 3rd quarter worth about $1,080,000. 91.71% of the stock is currently owned by institutional investors and hedge funds.

Resideo Technologies Stock Up 1.5 %

Resideo Technologies stock opened at $17.69 on Tuesday. The firm has a market capitalization of $2.62 billion, a PE ratio of 28.09 and a beta of 2.32. The company’s 50-day moving average is $21.00 and its 200-day moving average is $21.95. Resideo Technologies, Inc. has a fifty-two week low of $16.88 and a fifty-two week high of $28.28. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.82 and a quick ratio of 1.10.

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

About Resideo Technologies

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.