Sei Investments Co. Has $1.36 Million Position in Resideo Technologies, Inc. (NYSE:REZI)

Sei Investments Co. cut its holdings in Resideo Technologies, Inc. (NYSE:REZI) by 52.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 58,862 shares of the company’s stock after selling 63,953 shares during the quarter. Sei Investments Co.’s holdings in Resideo Technologies were worth $1,357,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. JPMorgan Chase & Co. grew its holdings in Resideo Technologies by 16.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,007,980 shares of the company’s stock worth $20,301,000 after acquiring an additional 143,452 shares during the last quarter. Barclays PLC grew its stake in shares of Resideo Technologies by 358.9% during the third quarter. Barclays PLC now owns 262,698 shares of the company’s stock valued at $5,290,000 after purchasing an additional 205,453 shares during the last quarter. Pacer Advisors Inc. acquired a new stake in shares of Resideo Technologies in the fourth quarter valued at approximately $122,145,000. FMR LLC raised its position in Resideo Technologies by 22.7% in the 3rd quarter. FMR LLC now owns 165,001 shares of the company’s stock worth $3,323,000 after purchasing an additional 30,538 shares during the last quarter. Finally, Y Intercept Hong Kong Ltd acquired a new position in Resideo Technologies during the 3rd quarter worth $589,000. 91.71% of the stock is owned by institutional investors.

Resideo Technologies Stock Down 5.1 %

Shares of REZI opened at $15.60 on Monday. The firm has a market capitalization of $2.31 billion, a price-to-earnings ratio of 24.76 and a beta of 2.04. Resideo Technologies, Inc. has a 52 week low of $14.77 and a 52 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 business’s fifty day moving average price is $19.59 and its two-hundred day moving average price is $21.84.

Resideo Technologies (NYSE:REZI) last announced 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). The firm had revenue of $1.86 billion during the quarter, compared to analyst estimates of $1.84 billion. Resideo Technologies had a return on equity of 11.12% and a net margin of 1.69%. On average, analysts predict 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.