Resideo Technologies, Inc. (NYSE:REZI) Shares Sold by Alliancebernstein L.P.

Alliancebernstein L.P. cut its position in Resideo Technologies, Inc. (NYSE:REZI) by 5.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 169,827 shares of the company’s stock after selling 10,663 shares during the quarter. Alliancebernstein L.P. owned approximately 0.12% of Resideo Technologies worth $3,915,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of REZI. Barclays PLC lifted its holdings in shares of Resideo Technologies by 358.9% during the third quarter. Barclays PLC now owns 262,698 shares of the company’s stock worth $5,290,000 after purchasing an additional 205,453 shares during the period. Geode Capital Management LLC lifted its stake in shares of Resideo Technologies by 0.8% in the 3rd quarter. Geode Capital Management LLC now owns 3,363,750 shares of the company’s stock worth $67,759,000 after acquiring an additional 26,000 shares during the period. Franklin Resources Inc. lifted its stake in shares of Resideo Technologies by 45.3% in the 3rd quarter. Franklin Resources Inc. now owns 171,792 shares of the company’s stock worth $3,592,000 after acquiring an additional 53,541 shares during the period. Principal Financial Group Inc. boosted its holdings in shares of Resideo Technologies by 3.1% in the third quarter. Principal Financial Group Inc. now owns 742,628 shares of the company’s stock valued at $14,957,000 after acquiring an additional 22,353 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its stake in shares of Resideo Technologies by 16.6% during the third 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 period. 91.71% of the stock is owned by hedge funds and other institutional investors.

Resideo Technologies Price Performance

Shares of REZI opened at $15.46 on Tuesday. 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 stock’s 50 day moving average is $18.48 and its two-hundred day moving average is $21.59. Resideo Technologies, Inc. has a twelve month low of $14.18 and a twelve month high of $28.28. The firm has a market capitalization of $2.29 billion, a PE ratio of 24.54 and a beta of 2.04.

Resideo Technologies (NYSE:REZI) last announced its quarterly earnings data on Thursday, February 20th. The company reported $0.51 EPS for the quarter, missing the consensus estimate of $0.59 by ($0.08). Resideo Technologies had a net margin of 1.69% and a return on equity of 11.12%. The company had revenue of $1.86 billion during the quarter, compared to analyst estimates of $1.84 billion. Research analysts anticipate that Resideo Technologies, Inc. will post 2.13 earnings per share for the current 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.