Vanguard Group Inc. Purchases 75,940 Shares of Resideo Technologies, Inc. (NYSE:REZI)

Vanguard Group Inc. grew its position in shares of Resideo Technologies, Inc. (NYSE:REZI) by 0.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 16,137,439 shares of the company’s stock after purchasing an additional 75,940 shares during the quarter. Vanguard Group Inc. owned approximately 10.98% of Resideo Technologies worth $371,968,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the company. R Squared Ltd bought a new stake in Resideo Technologies in the fourth quarter worth $30,000. Smartleaf Asset Management LLC grew its position in Resideo Technologies by 293.3% during the 4th quarter. Smartleaf Asset Management LLC now owns 2,600 shares of the company’s stock worth $60,000 after acquiring an additional 1,939 shares during the last quarter. Blue Trust Inc. increased its stake in Resideo Technologies by 28.9% in the 4th quarter. Blue Trust Inc. now owns 3,241 shares of the company’s stock worth $75,000 after purchasing an additional 726 shares during the period. GAMMA Investing LLC lifted its position in Resideo Technologies by 19.8% in the fourth quarter. GAMMA Investing LLC now owns 3,918 shares of the company’s stock valued at $90,000 after purchasing an additional 647 shares during the last quarter. Finally, Harvest Fund Management Co. Ltd bought a new position in shares of Resideo Technologies in the fourth quarter worth approximately $119,000. 91.71% of the stock is owned by hedge funds and other institutional investors.

Resideo Technologies Trading Up 4.1 %

NYSE:REZI opened at $18.61 on Thursday. The firm has a market capitalization of $2.75 billion, a P/E ratio of 29.54 and a beta of 2.32. Resideo Technologies, Inc. has a 52 week low of $16.88 and a 52 week high of $28.28. The company has a quick ratio of 1.10, a current ratio of 1.82 and a debt-to-equity ratio of 0.69. The company has a fifty day moving average of $19.89 and a 200 day moving average of $21.86.

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