New York State Teachers Retirement System Decreases Stock Position in Resideo Technologies, Inc. (NYSE:REZI)

New York State Teachers Retirement System reduced its position in Resideo Technologies, Inc. (NYSE:REZI) by 0.8% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 222,717 shares of the company’s stock after selling 1,826 shares during the period. New York State Teachers Retirement System’s holdings in Resideo Technologies were worth $4,192,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also bought and sold shares of the company. International Assets Investment Management LLC boosted its holdings in shares of Resideo Technologies by 648.2% in the fourth quarter. International Assets Investment Management LLC now owns 1,863 shares of the company’s stock worth $35,000 after acquiring an additional 1,614 shares during the period. Dark Forest Capital Management LP boosted its holdings in shares of Resideo Technologies by 687.2% in the first quarter. Dark Forest Capital Management LP now owns 2,897 shares of the company’s stock worth $53,000 after acquiring an additional 2,529 shares during the period. Point72 Asset Management L.P. bought a new position in shares of Resideo Technologies in the second quarter worth $58,000. Parkside Financial Bank & Trust boosted its holdings in shares of Resideo Technologies by 72.5% in the first quarter. Parkside Financial Bank & Trust now owns 2,467 shares of the company’s stock worth $59,000 after acquiring an additional 1,037 shares during the period. Finally, Tower Research Capital LLC TRC boosted its holdings in shares of Resideo Technologies by 37.9% in the third quarter. Tower Research Capital LLC TRC now owns 4,382 shares of the company’s stock worth $69,000 after acquiring an additional 1,204 shares during the period. 91.71% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Separately, TheStreet raised Resideo Technologies from a “c+” rating to a “b-” rating in a report on Wednesday, February 28th.

Resideo Technologies Price Performance

NYSE:REZI opened at $21.08 on Monday. The firm has a market capitalization of $3.06 billion, a price-to-earnings ratio of 14.85 and a beta of 2.13. Resideo Technologies, Inc. has a 52-week low of $14.19 and a 52-week high of $23.21. The stock has a fifty day moving average of $21.48 and a 200 day moving average of $18.33. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.18 and a current ratio of 1.80.

Resideo Technologies (NYSE:REZI) last posted its quarterly earnings data on Tuesday, February 13th. The company reported $0.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.34 by $0.14. The company had revenue of $1.54 billion during the quarter, compared to analyst estimates of $1.52 billion. Resideo Technologies had a return on equity of 8.99% and a net margin of 3.36%. The firm’s quarterly revenue was down 1.5% on a year-over-year basis. During the same quarter last year, the company earned $0.26 earnings per share. On average, research analysts expect that Resideo Technologies, Inc. will post 1.66 EPS 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.