Clark Estates Inc. NY Cuts Holdings in Resideo Technologies, Inc. (NYSE:REZI)

Clark Estates Inc. NY decreased its holdings in shares of Resideo Technologies, Inc. (NYSE:REZI) by 10.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 136,397 shares of the company’s stock after selling 16,528 shares during the period. Clark Estates Inc. NY owned about 0.09% of Resideo Technologies worth $3,144,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also modified their holdings of REZI. R Squared Ltd purchased a new position in Resideo Technologies in the 4th quarter worth approximately $30,000. International Assets Investment Management LLC grew its stake in shares of Resideo Technologies by 1,740.5% in the 3rd quarter. International Assets Investment Management LLC now owns 2,135 shares of the company’s stock valued at $43,000 after buying an additional 2,019 shares during the period. Smartleaf Asset Management LLC increased its holdings in shares of Resideo Technologies by 293.3% during the 4th quarter. Smartleaf Asset Management LLC now owns 2,600 shares of the company’s stock worth $60,000 after buying an additional 1,939 shares during the last quarter. Blue Trust Inc. raised its position in shares of Resideo Technologies by 28.9% during the 4th quarter. Blue Trust Inc. now owns 3,241 shares of the company’s stock valued at $75,000 after buying an additional 726 shares during the period. Finally, GAMMA Investing LLC lifted its holdings in Resideo Technologies by 19.8% in the fourth quarter. GAMMA Investing LLC now owns 3,918 shares of the company’s stock valued at $90,000 after acquiring an additional 647 shares during the last quarter. Institutional investors and hedge funds own 91.71% of the company’s stock.

Resideo Technologies Trading Down 5.2 %

Shares of Resideo Technologies stock opened at $17.62 on Wednesday. Resideo Technologies, Inc. has a fifty-two week low of $17.43 and a fifty-two week high of $28.28. 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 firm has a market capitalization of $2.61 billion, a price-to-earnings ratio of 27.96 and a beta of 2.15. The stock has a 50 day moving average of $22.14 and a 200 day moving average of $22.07.

Resideo Technologies (NYSE:REZI) last issued 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 business had revenue of $1.86 billion for the quarter, compared to analyst estimates 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 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.