AlphaQuest LLC Acquires 31,255 Shares of Resideo Technologies, Inc. (NYSE:REZI)

AlphaQuest LLC boosted its holdings in shares of Resideo Technologies, Inc. (NYSE:REZI) by 141.8% during the fourth quarter, HoldingsChannel reports. The fund owned 53,300 shares of the company’s stock after purchasing an additional 31,255 shares during the quarter. AlphaQuest LLC’s holdings in Resideo Technologies were worth $1,229,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the business. R Squared Ltd bought a new stake in shares of Resideo Technologies in the 4th quarter valued at $30,000. Smartleaf Asset Management LLC boosted its stake 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 valued at $60,000 after purchasing an additional 1,939 shares during the last quarter. Blue Trust Inc. boosted its stake 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 valued at $75,000 after purchasing an additional 726 shares during the last quarter. GAMMA Investing LLC boosted its stake 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 valued at $90,000 after purchasing an additional 647 shares during the last quarter. Finally, Millburn Ridgefield Corp bought a new stake in shares of Resideo Technologies in the 3rd quarter valued at $157,000. 91.71% of the stock is owned by institutional investors.

Resideo Technologies Trading Up 0.1 %

NYSE:REZI opened at $18.47 on Monday. The firm’s fifty day moving average is $21.66 and its 200-day moving average is $22.05. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.10 and a current ratio of 1.82. Resideo Technologies, Inc. has a 52 week low of $17.43 and a 52 week high of $28.28. The firm has a market cap of $2.73 billion, a P/E ratio of 29.32 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 analysts’ consensus estimates of $0.59 by ($0.08). Resideo Technologies had a net margin of 1.69% and a return on equity of 11.12%. The firm had revenue of $1.86 billion during the quarter, compared to the consensus estimate of $1.84 billion. Equities analysts expect that Resideo Technologies, Inc. will post 2.13 earnings per share for the current 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.