12,718 Shares in Resideo Technologies, Inc. (NYSE:REZI) Purchased by Xponance Inc.

Xponance Inc. acquired a new stake in Resideo Technologies, Inc. (NYSE:REZI) during the fourth quarter, according to its most recent 13F filing with the SEC. The fund acquired 12,718 shares of the company’s stock, valued at approximately $293,000.

Other institutional investors have also added to or reduced their stakes in the company. Citigroup Inc. raised its position in shares of Resideo Technologies by 47.5% in the third quarter. Citigroup Inc. now owns 197,142 shares of the company’s stock valued at $3,970,000 after purchasing an additional 63,501 shares during the period. JPMorgan Chase & Co. grew its stake in Resideo Technologies by 16.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,007,980 shares of the company’s stock valued at $20,301,000 after buying an additional 143,452 shares in the last quarter. Hotchkis & Wiley Capital Management LLC raised its holdings in Resideo Technologies by 98.3% during the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 621,560 shares of the company’s stock valued at $12,518,000 after acquiring an additional 308,060 shares during the period. Barclays PLC lifted its position in shares of Resideo Technologies by 358.9% during the third quarter. Barclays PLC now owns 262,698 shares of the company’s stock worth $5,290,000 after acquiring an additional 205,453 shares in the last quarter. Finally, Weiss Asset Management LP bought a new position in shares of Resideo Technologies in the third quarter worth $9,217,000. 91.71% of the stock is owned by hedge funds and other institutional investors.

Resideo Technologies Stock Performance

NYSE:REZI opened at $18.53 on Friday. The business’s fifty day moving average is $20.29 and its 200 day moving average is $21.85. The firm has a market cap of $2.74 billion, a price-to-earnings 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 52-week low of $16.88 and a 52-week high of $28.28.

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

Resideo Technologies 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.