Dynamic Technology Lab Private Ltd Buys New Position in Resideo Technologies, Inc. (NYSE:REZI)

Dynamic Technology Lab Private Ltd purchased a new position in Resideo Technologies, Inc. (NYSE:REZI) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 23,918 shares of the company’s stock, valued at approximately $551,000.

Several other institutional investors have also added to or reduced their stakes in REZI. Pacer Advisors Inc. purchased a new stake in shares of Resideo Technologies in the 4th quarter worth $122,145,000. Boston Partners grew its holdings in Resideo Technologies by 25.1% during the fourth quarter. Boston Partners now owns 9,797,883 shares of the company’s stock valued at $225,865,000 after purchasing an additional 1,966,706 shares during the period. Norges Bank purchased a new stake in Resideo Technologies in the fourth quarter worth about $40,596,000. Pembroke Management LTD raised its stake in shares of Resideo Technologies by 126.8% in the fourth quarter. Pembroke Management LTD now owns 667,421 shares of the company’s stock worth $15,384,000 after buying an additional 373,133 shares during the period. Finally, Raymond James Financial Inc. purchased a new position in shares of Resideo Technologies during the 4th quarter valued at about $5,914,000. 91.71% of the stock is currently owned by institutional investors.

Resideo Technologies Trading Up 0.0 %

Resideo Technologies stock opened at $15.63 on Tuesday. Resideo Technologies, Inc. has a 12-month low of $14.71 and a 12-month high of $28.28. The firm has a market capitalization of $2.31 billion, a price-to-earnings ratio of 24.80 and a beta of 2.04. The firm has a 50 day moving average of $19.45 and a 200 day moving average of $21.81. The company has a current ratio of 1.82, a quick ratio of 1.10 and a debt-to-equity ratio of 0.69.

Resideo Technologies (NYSE:REZI) last announced its quarterly earnings data on Thursday, February 20th. The company reported $0.51 earnings per share (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 firm had revenue of $1.86 billion during the quarter, compared to analysts’ expectations of $1.84 billion. As a group, 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.