Resideo Technologies, Inc. (NYSE:REZI) Shares Bought by Invesco Ltd.

Invesco Ltd. lifted its holdings in shares of Resideo Technologies, Inc. (NYSE:REZI) by 22.6% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 988,890 shares of the company’s stock after purchasing an additional 182,197 shares during the quarter. Invesco Ltd.’s holdings in Resideo Technologies were worth $22,794,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. R Squared Ltd acquired a new stake in Resideo Technologies in the 4th quarter worth about $30,000. Smartleaf Asset Management LLC lifted 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 acquiring an additional 1,939 shares during the period. Blue Trust Inc. boosted its position in shares of Resideo Technologies by 28.9% in the fourth quarter. Blue Trust Inc. now owns 3,241 shares of the company’s stock worth $75,000 after acquiring an additional 726 shares during the last quarter. GAMMA Investing LLC grew 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 purchasing an additional 647 shares during the period. Finally, Harvest Fund Management Co. Ltd acquired a new position in Resideo Technologies during the fourth quarter worth approximately $119,000. Hedge funds and other institutional investors own 91.71% of the company’s stock.

Resideo Technologies Stock Performance

NYSE:REZI opened at $15.81 on Friday. Resideo Technologies, Inc. has a fifty-two week low of $14.18 and a fifty-two week high of $28.28. The firm’s 50 day moving average is $17.98 and its two-hundred day moving average is $21.45. The company has a market cap of $2.34 billion, a P/E ratio of 25.09 and a beta of 2.04. The company has a quick ratio of 1.10, a current ratio of 1.82 and a debt-to-equity ratio of 0.69.

Resideo Technologies (NYSE:REZI) last issued its earnings results on Thursday, February 20th. The company reported $0.51 earnings per share for the quarter, missing analysts’ consensus estimates of $0.59 by ($0.08). The firm had revenue of $1.86 billion during the quarter, compared to analyst estimates of $1.84 billion. Resideo Technologies had a net margin of 1.69% and a return on equity of 11.12%. Analysts expect 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.