Natixis Advisors LLC Raises Holdings in Resideo Technologies, Inc. (NYSE:REZI)

Natixis Advisors LLC grew its position in shares of Resideo Technologies, Inc. (NYSE:REZI) by 4.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 222,085 shares of the company’s stock after purchasing an additional 10,463 shares during the period. Natixis Advisors LLC’s holdings in Resideo Technologies were worth $5,119,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. R Squared Ltd purchased a new position in shares of Resideo Technologies during the fourth quarter valued at about $30,000. Smartleaf Asset Management LLC lifted its holdings in shares of Resideo Technologies by 293.3% in the 4th quarter. Smartleaf Asset Management LLC now owns 2,600 shares of the company’s stock valued at $60,000 after acquiring an additional 1,939 shares during the last quarter. Blue Trust Inc. lifted its holdings in shares of Resideo Technologies by 28.9% in the 4th quarter. Blue Trust Inc. now owns 3,241 shares of the company’s stock valued at $75,000 after acquiring an additional 726 shares during the last quarter. GAMMA Investing LLC lifted its holdings in shares of Resideo Technologies by 19.8% in the 4th quarter. GAMMA Investing LLC now owns 3,918 shares of the company’s stock valued at $90,000 after acquiring an additional 647 shares during the last quarter. Finally, KBC Group NV lifted its holdings in shares of Resideo Technologies by 85.4% in the 4th quarter. KBC Group NV now owns 7,345 shares of the company’s stock valued at $169,000 after acquiring an additional 3,384 shares during the last quarter. Hedge funds and other institutional investors own 91.71% of the company’s stock.

Resideo Technologies Stock Down 1.4 %

Shares of NYSE:REZI opened at $17.85 on Friday. The company has a current ratio of 1.82, a quick ratio of 1.10 and a debt-to-equity ratio of 0.69. Resideo Technologies, Inc. has a 12 month low of $16.88 and a 12 month high of $28.28. The company has a 50-day moving average price of $20.63 and a 200 day moving average price of $21.86. The company has a market cap of $2.64 billion, a price-to-earnings ratio of 28.33 and a beta of 2.32.

Resideo Technologies (NYSE:REZI) last announced its quarterly 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 net margin of 1.69% and a return on equity of 11.12%. The business had revenue of $1.86 billion during the quarter, compared to the consensus estimate of $1.84 billion. As a group, equities research analysts predict 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.