Inceptionr LLC Buys New Position in Resideo Technologies, Inc. (NYSE:REZI)

Inceptionr LLC acquired a new position in shares of Resideo Technologies, Inc. (NYSE:REZI) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 13,275 shares of the company’s stock, valued at approximately $306,000.

Several other large investors have also recently bought and sold shares of the stock. State Street Corp increased its position in Resideo Technologies by 2.0% during the third quarter. State Street Corp now owns 8,060,486 shares of the company’s stock worth $162,338,000 after buying an additional 159,069 shares during the last quarter. Pacer Advisors Inc. bought a new position in Resideo Technologies during the 4th quarter worth $122,145,000. Geode Capital Management LLC raised its stake in Resideo Technologies by 0.8% in the third quarter. Geode Capital Management LLC now owns 3,363,750 shares of the company’s stock valued at $67,759,000 after purchasing an additional 26,000 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its position in shares of Resideo Technologies by 6.4% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,645,390 shares of the company’s stock worth $37,926,000 after acquiring an additional 99,525 shares in the last quarter. Finally, Beaconlight Capital LLC increased its stake in shares of Resideo Technologies by 64.9% in the 3rd quarter. Beaconlight Capital LLC now owns 1,088,926 shares of the company’s stock valued at $21,931,000 after purchasing an additional 428,669 shares during the last quarter. 91.71% of the stock is owned by institutional investors and hedge funds.

Resideo Technologies Stock Up 0.1 %

Shares of NYSE REZI opened at $18.47 on Monday. Resideo Technologies, Inc. has a 12 month low of $17.43 and a 12 month high of $28.28. The company has a current ratio of 1.82, a quick ratio of 1.10 and a debt-to-equity ratio of 0.69. The company has a market cap of $2.73 billion, a price-to-earnings ratio of 29.32 and a beta of 2.32. The stock has a 50-day moving average price of $21.66 and a two-hundred day moving average price of $22.05.

Resideo Technologies (NYSE:REZI) last released its quarterly earnings data 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). 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%. As a group, analysts forecast that Resideo Technologies, Inc. will post 2.13 earnings per share 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.