ProShare Advisors LLC lessened its holdings in Resideo Technologies, Inc. (NYSE:REZI – Free Report) by 23.6% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 22,547 shares of the company’s stock after selling 6,983 shares during the quarter. ProShare Advisors LLC’s holdings in Resideo Technologies were worth $441,000 as of its most recent SEC filing.
Several other large investors have also added to or reduced their stakes in REZI. Foundry Partners LLC grew its stake in Resideo Technologies by 11.6% in the first quarter. Foundry Partners LLC now owns 236,774 shares of the company’s stock valued at $5,308,000 after purchasing an additional 24,580 shares in the last quarter. UniSuper Management Pty Ltd bought a new position in shares of Resideo Technologies in the first quarter valued at $694,000. Boston Partners increased its holdings in Resideo Technologies by 3.0% during the first quarter. Boston Partners now owns 6,700,564 shares of the company’s stock worth $150,177,000 after buying an additional 193,351 shares during the last quarter. BNP Paribas Financial Markets lifted its stake in Resideo Technologies by 42.4% in the first quarter. BNP Paribas Financial Markets now owns 81,356 shares of the company’s stock valued at $1,824,000 after acquiring an additional 24,216 shares during the last quarter. Finally, Invenomic Capital Management LP acquired a new stake in Resideo Technologies in the fourth quarter valued at $3,065,000. Institutional investors and hedge funds own 91.71% of the company’s stock.
Resideo Technologies Stock Performance
Shares of NYSE REZI opened at $19.52 on Wednesday. Resideo Technologies, Inc. has a 12 month low of $14.19 and a 12 month high of $23.43. The stock has a 50 day moving average of $19.71 and a 200-day moving average of $20.43. The company has a current ratio of 1.81, a quick ratio of 1.06 and a debt-to-equity ratio of 0.70. The company has a market capitalization of $2.85 billion, a P/E ratio of 14.68 and a beta of 2.07.
Analysts Set New Price Targets
Separately, Evercore ISI initiated coverage on shares of Resideo Technologies in a research note on Friday, August 9th. They set an “outperform” rating and a $25.00 price objective on the stock.
Get Our Latest Research Report on REZI
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.
Read More
- Five stocks we like better than Resideo Technologies
- The Top 3 Healthcare Dividend Stocks to Buy and Hold
- Why Lennar Stock Could Be the Best Play in the Housing Market
- Procter & Gamble (NYSE:PG) Pulls Back After Shaky Guidance
- 2 Energy Stocks Fueling the AI Datacenter Boom
- The 3 Best Blue-Chip Stocks to Buy Now
- Will Marinus Pharmaceuticals Be the Next Big Winner in Biotech?
Want to see what other hedge funds are holding REZI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Resideo Technologies, Inc. (NYSE:REZI – Free Report).
Receive News & Ratings for Resideo Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Resideo Technologies and related companies with MarketBeat.com's FREE daily email newsletter.