SG Americas Securities LLC Sells 25,790 Shares of Resideo Technologies, Inc. (NYSE:REZI)

SG Americas Securities LLC reduced its position in shares of Resideo Technologies, Inc. (NYSE:REZI) by 76.9% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 7,745 shares of the company’s stock after selling 25,790 shares during the quarter. SG Americas Securities LLC’s holdings in Resideo Technologies were worth $146,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of REZI. Ariel Investments LLC boosted its holdings in Resideo Technologies by 48.9% in the 1st quarter. Ariel Investments LLC now owns 8,889,988 shares of the company’s stock valued at $211,848,000 after purchasing an additional 2,918,450 shares during the period. Norges Bank bought a new stake in Resideo Technologies in the 4th quarter valued at $23,760,000. Pzena Investment Management LLC boosted its holdings in Resideo Technologies by 23.7% in the 3rd quarter. Pzena Investment Management LLC now owns 4,815,603 shares of the company’s stock valued at $76,087,000 after purchasing an additional 921,631 shares during the period. Fuller & Thaler Asset Management Inc. boosted its holdings in Resideo Technologies by 9.9% in the 3rd quarter. Fuller & Thaler Asset Management Inc. now owns 8,253,726 shares of the company’s stock valued at $130,409,000 after purchasing an additional 744,403 shares during the period. Finally, Dimensional Fund Advisors LP boosted its holdings in Resideo Technologies by 12.3% in the 1st quarter. Dimensional Fund Advisors LP now owns 5,544,406 shares of the company’s stock valued at $101,349,000 after purchasing an additional 606,012 shares during the period. 91.71% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Separately, TheStreet raised shares of 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 $19.75 on Wednesday. The company has a 50-day moving average of $21.61 and a 200-day moving average of $18.38. The company has a market capitalization of $2.87 billion, a price-to-earnings ratio of 13.91 and a beta of 2.14. Resideo Technologies, Inc. has a 52 week low of $14.19 and a 52 week high of $23.21. 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 released its quarterly earnings data on Tuesday, February 13th. The company reported $0.48 EPS for the quarter, topping analysts’ consensus estimates of $0.34 by $0.14. The company had revenue of $1.54 billion during the quarter, compared to the consensus estimate of $1.52 billion. Resideo Technologies had a net margin of 3.36% and a return on equity of 8.99%. The firm’s revenue for the quarter was down 1.5% compared to the same quarter last year. During the same period last year, the firm earned $0.26 EPS. As a group, equities research analysts anticipate that Resideo Technologies, Inc. will post 1.66 earnings per share for the current fiscal year.

Resideo Technologies 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.