Resideo Technologies, Inc. (NYSE:REZI) Shares Sold by Foundry Partners LLC

Foundry Partners LLC lessened its holdings in shares of Resideo Technologies, Inc. (NYSE:REZI) by 31.3% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 151,037 shares of the company’s stock after selling 68,739 shares during the quarter. Foundry Partners LLC owned 0.10% of Resideo Technologies worth $3,481,000 at the end of the most recent quarter.

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

Resideo Technologies Trading Down 5.1 %

NYSE:REZI opened at $15.60 on Friday. Resideo Technologies, Inc. has a 52 week low of $14.77 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 market cap of $2.31 billion, a PE ratio of 24.76 and a beta of 2.04. The business’s 50 day moving average is $19.59 and its two-hundred day moving average is $21.80.

Resideo Technologies (NYSE:REZI) last released 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). Resideo Technologies had a return on equity of 11.12% and a net margin of 1.69%. The business had revenue of $1.86 billion during the quarter, compared to analyst estimates of $1.84 billion. On average, analysts predict that Resideo Technologies, Inc. will post 2.13 EPS for the current year.

About Resideo Technologies

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.