Versor Investments LP Purchases Shares of 22,400 Resideo Technologies, Inc. (NYSE:REZI)

Versor Investments LP acquired a new position in Resideo Technologies, Inc. (NYSE:REZI) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 22,400 shares of the company’s stock, valued at approximately $516,000.

Other large investors have also recently made changes to their positions in the company. Creative Planning raised its stake in Resideo Technologies by 7.0% during the 3rd quarter. Creative Planning now owns 31,984 shares of the company’s stock worth $644,000 after acquiring an additional 2,082 shares during the period. International Assets Investment Management LLC increased its stake in shares of Resideo Technologies by 1,740.5% in the third quarter. International Assets Investment Management LLC now owns 2,135 shares of the company’s stock worth $43,000 after purchasing an additional 2,019 shares in the last quarter. Nisa Investment Advisors LLC raised its position in shares of Resideo Technologies by 9.2% during the 3rd quarter. Nisa Investment Advisors LLC now owns 18,535 shares of the company’s stock valued at $373,000 after purchasing an additional 1,557 shares during the period. Pembroke Management LTD purchased a new position in shares of Resideo Technologies during the 3rd quarter valued at $5,927,000. Finally, Harbor Capital Advisors Inc. boosted its holdings in Resideo Technologies by 11.1% in the 3rd quarter. Harbor Capital Advisors Inc. now owns 78,974 shares of the company’s stock worth $1,591,000 after buying an additional 7,875 shares during the period. 91.71% of the stock is owned by hedge funds and other institutional investors.

Resideo Technologies Trading Up 2.6 %

Shares of REZI stock opened at $19.20 on Friday. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.10 and a current ratio of 1.82. The stock has a fifty day simple moving average of $22.25 and a two-hundred day simple moving average of $22.05. The firm has a market capitalization of $2.84 billion, a PE ratio of 30.48 and a beta of 2.15. Resideo Technologies, Inc. has a 52-week low of $17.43 and a 52-week high of $28.28.

Resideo Technologies (NYSE:REZI) last released its earnings results on Thursday, February 20th. The company reported $0.51 earnings per share (EPS) for the quarter, missing the consensus estimate 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 for the quarter, compared to analysts’ expectations of $1.84 billion. On average, analysts predict that Resideo Technologies, Inc. will post 2.13 EPS for the current fiscal 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.