Resideo Technologies, Inc. (NYSE:REZI) Shares Purchased by Quantbot Technologies LP

Quantbot Technologies LP raised its stake in Resideo Technologies, Inc. (NYSE:REZI) by 80.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 23,807 shares of the company’s stock after acquiring an additional 10,640 shares during the period. Quantbot Technologies LP’s holdings in Resideo Technologies were worth $549,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also made changes to their positions in REZI. Pacer Advisors Inc. acquired a new position in Resideo Technologies in the fourth quarter valued at $122,145,000. Boston Partners raised its stake in Resideo Technologies by 25.1% during the 4th quarter. Boston Partners now owns 9,797,883 shares of the company’s stock valued at $225,865,000 after acquiring an additional 1,966,706 shares during the last quarter. Weiss Asset Management LP acquired a new stake in Resideo Technologies during the 3rd quarter worth approximately $9,217,000. Pembroke Management LTD grew its stake in shares of Resideo Technologies by 126.8% in the 4th quarter. Pembroke Management LTD now owns 667,421 shares of the company’s stock valued at $15,384,000 after purchasing an additional 373,133 shares during the last quarter. Finally, Hotchkis & Wiley Capital Management LLC increased its holdings in shares of Resideo Technologies by 98.3% in the third quarter. Hotchkis & Wiley Capital Management LLC now owns 621,560 shares of the company’s stock valued at $12,518,000 after purchasing an additional 308,060 shares during the period. Institutional investors and hedge funds own 91.71% of the company’s stock.

Resideo Technologies Price Performance

Resideo Technologies stock opened at $18.53 on Friday. 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 business has a 50 day simple moving average of $20.29 and a 200-day simple moving average of $21.85. Resideo Technologies, Inc. has a 12 month low of $16.88 and a 12 month high of $28.28. The stock has a market capitalization of $2.74 billion, a PE ratio of 29.41 and a beta of 2.32.

Resideo Technologies (NYSE:REZI) last announced its quarterly earnings data on Thursday, February 20th. The company reported $0.51 EPS for the quarter, missing analysts’ consensus estimates of $0.59 by ($0.08). The firm had revenue of $1.86 billion for 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%. Equities analysts predict that Resideo Technologies, Inc. will post 2.13 earnings per share 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.