State of New Jersey Common Pension Fund D Sells 16,916 Shares of Resideo Technologies, Inc. (NYSE:REZI)

State of New Jersey Common Pension Fund D decreased its position in Resideo Technologies, Inc. (NYSE:REZI) by 17.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 80,366 shares of the company’s stock after selling 16,916 shares during the quarter. State of New Jersey Common Pension Fund D owned approximately 0.05% of Resideo Technologies worth $1,852,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of REZI. State Street Corp increased its holdings in Resideo Technologies by 2.0% during the 3rd quarter. State Street Corp now owns 8,060,486 shares of the company’s stock valued at $162,338,000 after purchasing an additional 159,069 shares during the period. Pacer Advisors Inc. purchased a new position in shares of Resideo Technologies during the fourth quarter valued at approximately $122,145,000. Geode Capital Management LLC increased its stake in shares of Resideo Technologies by 0.8% during the third quarter. Geode Capital Management LLC now owns 3,363,750 shares of the company’s stock valued at $67,759,000 after buying an additional 26,000 shares during the period. Charles Schwab Investment Management Inc. raised its holdings in shares of Resideo Technologies by 3.7% during the third quarter. Charles Schwab Investment Management Inc. now owns 1,545,865 shares of the company’s stock valued at $31,134,000 after acquiring an additional 54,508 shares in the last quarter. Finally, Beaconlight Capital LLC lifted its stake in Resideo Technologies by 64.9% in the third quarter. Beaconlight Capital LLC now owns 1,088,926 shares of the company’s stock worth $21,931,000 after acquiring an additional 428,669 shares during the period. 91.71% of the stock is owned by institutional investors.

Resideo Technologies Stock Down 1.9 %

Shares of Resideo Technologies stock opened at $19.13 on Wednesday. The company has a current ratio of 1.82, a quick ratio of 1.10 and a debt-to-equity ratio of 0.69. Resideo Technologies, Inc. has a 12-month low of $17.43 and a 12-month high of $28.28. The company has a market cap of $2.83 billion, a P/E ratio of 30.36 and a beta of 2.16. The company’s fifty day simple moving average is $22.58 and its two-hundred day simple moving average is $22.06.

Resideo Technologies (NYSE:REZI) last announced its earnings results on Thursday, February 20th. The company reported $0.51 earnings per share for the quarter, missing analysts’ consensus estimates of $0.59 by ($0.08). Resideo Technologies had a net margin of 1.69% and a return on equity of 11.12%. The company had revenue of $1.86 billion for the quarter, compared to the consensus estimate of $1.84 billion. Research analysts anticipate 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.