Fox Run Management L.L.C. Sells 4,964 Shares of Resideo Technologies, Inc. (NYSE:REZI)

Fox Run Management L.L.C. reduced its stake in shares of Resideo Technologies, Inc. (NYSE:REZI) by 20.8% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 18,867 shares of the company’s stock after selling 4,964 shares during the period. Fox Run Management L.L.C.’s holdings in Resideo Technologies were worth $435,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in REZI. R Squared Ltd purchased a new stake in Resideo Technologies during the fourth quarter valued at about $30,000. Smartleaf Asset Management LLC raised 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 valued at $60,000 after buying an additional 1,939 shares in the last quarter. Blue Trust Inc. raised its holdings 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 in the last quarter. GAMMA Investing LLC lifted its position in Resideo Technologies by 19.8% in the 4th quarter. GAMMA Investing LLC now owns 3,918 shares of the company’s stock worth $90,000 after buying an additional 647 shares during the last quarter. Finally, Harvest Fund Management Co. Ltd purchased a new stake in Resideo Technologies in the fourth quarter worth approximately $119,000. 91.71% of the stock is currently owned by hedge funds and other institutional investors.

Resideo Technologies Stock Performance

REZI stock opened at $18.46 on Wednesday. The company has a market capitalization of $2.73 billion, a PE ratio of 29.30 and a beta of 2.32. 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 one year low of $16.88 and a one year high of $28.28. The company’s 50 day moving average price is $20.48 and its two-hundred day moving average price is $21.90.

Resideo Technologies (NYSE:REZI) last issued its earnings results 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 return on equity of 11.12% and a net margin of 1.69%. The business had revenue of $1.86 billion during the quarter, compared to analysts’ expectations of $1.84 billion. As a group, analysts predict that Resideo Technologies, Inc. will post 2.13 earnings per share for the current fiscal 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.