23,918 Shares in Resideo Technologies, Inc. (NYSE:REZI) Bought by Dynamic Technology Lab Private Ltd

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

Other hedge funds have also bought and sold shares of the company. JPMorgan Chase & Co. increased its holdings in shares of Resideo Technologies by 16.6% in the third quarter. JPMorgan Chase & Co. now owns 1,007,980 shares of the company’s stock worth $20,301,000 after purchasing an additional 143,452 shares during the last quarter. Vanguard Group Inc. increased its stake in Resideo Technologies by 0.5% in the 4th quarter. Vanguard Group Inc. now owns 16,137,439 shares of the company’s stock worth $371,968,000 after acquiring an additional 75,940 shares during the last quarter. Barclays PLC raised its holdings in shares of Resideo Technologies by 358.9% during the 3rd quarter. Barclays PLC now owns 262,698 shares of the company’s stock worth $5,290,000 after acquiring an additional 205,453 shares in the last quarter. Pacer Advisors Inc. bought a new position in shares of Resideo Technologies during the 4th quarter valued at approximately $122,145,000. Finally, FMR LLC grew its holdings in shares of Resideo Technologies by 22.7% in the third quarter. FMR LLC now owns 165,001 shares of the company’s stock valued at $3,323,000 after purchasing an additional 30,538 shares in the last quarter. Hedge funds and other institutional investors own 91.71% of the company’s stock.

Resideo Technologies Price Performance

Resideo Technologies stock opened at $15.63 on Tuesday. Resideo Technologies, Inc. has a 52-week low of $14.71 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 firm’s fifty day moving average is $19.45 and its 200 day moving average is $21.81. The company has a market cap of $2.31 billion, a price-to-earnings ratio of 24.80 and a beta of 2.04.

Resideo Technologies (NYSE:REZI) last announced 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 net margin of 1.69% and a return on equity of 11.12%. The business had revenue of $1.86 billion for the quarter, compared to analysts’ expectations of $1.84 billion. Sell-side analysts forecast 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.