Resideo Technologies, Inc. (NYSE:REZI) Shares Sold by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC trimmed its position in Resideo Technologies, Inc. (NYSE:REZI) by 13.1% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 16,719 shares of the company’s stock after selling 2,530 shares during the period. Nisa Investment Advisors LLC’s holdings in Resideo Technologies were worth $315,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of REZI. International Assets Investment Management LLC grew its position in shares of Resideo Technologies by 648.2% in the 4th quarter. International Assets Investment Management LLC now owns 1,863 shares of the company’s stock worth $35,000 after acquiring an additional 1,614 shares in the last quarter. Dark Forest Capital Management LP boosted its holdings in Resideo Technologies by 687.2% in the first quarter. Dark Forest Capital Management LP now owns 2,897 shares of the company’s stock worth $53,000 after purchasing an additional 2,529 shares during the period. Point72 Asset Management L.P. bought a new stake in Resideo Technologies during the second quarter valued at $58,000. Parkside Financial Bank & Trust raised its holdings in shares of Resideo Technologies by 72.5% during the first quarter. Parkside Financial Bank & Trust now owns 2,467 shares of the company’s stock worth $59,000 after purchasing an additional 1,037 shares during the period. Finally, Tower Research Capital LLC TRC raised its holdings in shares of Resideo Technologies by 37.9% during the third quarter. Tower Research Capital LLC TRC now owns 4,382 shares of the company’s stock worth $69,000 after purchasing an additional 1,204 shares during the period. 91.71% of the stock is owned by institutional investors.

Resideo Technologies Stock Down 1.0 %

Shares of Resideo Technologies stock opened at $19.20 on Friday. Resideo Technologies, Inc. has a twelve month low of $14.19 and a twelve month high of $23.21. The stock has a market capitalization of $2.79 billion, a price-to-earnings ratio of 13.52 and a beta of 2.13. The company has a current ratio of 1.80, a quick ratio of 1.18 and a debt-to-equity ratio of 0.51. The business’s 50 day simple moving average is $21.69 and its 200-day simple moving average is $18.40.

Resideo Technologies (NYSE:REZI) last issued its earnings results on Tuesday, February 13th. The company reported $0.48 earnings per share for the quarter, topping the consensus estimate of $0.34 by $0.14. Resideo Technologies had a return on equity of 8.99% and a net margin of 3.36%. The firm had revenue of $1.54 billion for the quarter, compared to analyst estimates of $1.52 billion. During the same period last year, the company earned $0.26 earnings per share. The firm’s revenue for the quarter was down 1.5% on a year-over-year basis. Equities research analysts forecast that Resideo Technologies, Inc. will post 1.65 earnings per share for the current year.

Wall Street Analyst Weigh In

Separately, TheStreet raised shares of Resideo Technologies from a “c+” rating to a “b-” rating in a report on Wednesday, February 28th.

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.