Hillsdale Investment Management Inc. Boosts Holdings in Resideo Technologies, Inc. (NYSE:REZI)

Hillsdale Investment Management Inc. lifted its stake in Resideo Technologies, Inc. (NYSE:REZI) by 0.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 205,540 shares of the company’s stock after purchasing an additional 1,700 shares during the period. Hillsdale Investment Management Inc.’s holdings in Resideo Technologies were worth $4,738,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of REZI. R Squared Ltd purchased a new stake in shares of Resideo Technologies in the 4th quarter worth about $30,000. Smartleaf Asset Management LLC lifted its position 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 worth $60,000 after purchasing an additional 1,939 shares during the period. Blue Trust Inc. lifted its position in shares of 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 shares of Resideo Technologies by 19.8% in the 4th quarter. GAMMA Investing LLC now owns 3,918 shares of the company’s stock worth $90,000 after purchasing an additional 647 shares during the period. Finally, Harvest Fund Management Co. Ltd purchased a new stake in shares of Resideo Technologies in the 4th quarter worth about $119,000. 91.71% of the stock is owned by hedge funds and other institutional investors.

Resideo Technologies Trading Down 1.4 %

NYSE:REZI opened at $17.85 on Friday. The company has a 50-day moving average price of $20.63 and a 200-day moving average price of $21.86. Resideo Technologies, Inc. has a 12 month low of $16.88 and a 12 month high of $28.28. The company has a current ratio of 1.82, a quick ratio of 1.10 and a debt-to-equity ratio of 0.69. The stock has a market cap of $2.64 billion, a price-to-earnings ratio of 28.33 and a beta of 2.32.

Resideo Technologies (NYSE:REZI) last posted its quarterly earnings data on Thursday, February 20th. The company reported $0.51 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 the consensus estimate of $1.84 billion. Equities analysts predict that Resideo Technologies, Inc. will post 2.13 EPS 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.