Nilsine Partners LLC Has $360,000 Holdings in Resideo Technologies, Inc. (NYSE:REZI)

Nilsine Partners LLC boosted its stake in Resideo Technologies, Inc. (NYSE:REZI) by 8.6% in the fourth quarter, HoldingsChannel reports. The firm owned 15,607 shares of the company’s stock after acquiring an additional 1,234 shares during the period. Nilsine Partners LLC’s holdings in Resideo Technologies were worth $360,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in REZI. Quest Partners LLC increased its stake in shares of Resideo Technologies by 2.3% in the 3rd quarter. Quest Partners LLC now owns 22,045 shares of the company’s stock valued at $444,000 after acquiring an additional 505 shares during the last quarter. GAMMA Investing LLC grew its holdings in Resideo Technologies by 19.8% during the fourth quarter. GAMMA Investing LLC now owns 3,918 shares of the company’s stock valued at $90,000 after purchasing an additional 647 shares during the period. Blue Trust Inc. increased its stake in Resideo Technologies by 28.9% in the fourth quarter. Blue Trust Inc. now owns 3,241 shares of the company’s stock valued at $75,000 after purchasing an additional 726 shares in the last quarter. Hsbc Holdings PLC raised its holdings in Resideo Technologies by 3.3% in the second quarter. Hsbc Holdings PLC now owns 23,479 shares of the company’s stock worth $457,000 after purchasing an additional 747 shares during the period. Finally, Quarry LP boosted its position in shares of Resideo Technologies by 79.7% during the second quarter. Quarry LP now owns 2,892 shares of the company’s stock worth $57,000 after purchasing an additional 1,283 shares in the last quarter. Institutional investors and hedge funds own 91.71% of the company’s stock.

Resideo Technologies Price Performance

REZI opened at $22.69 on Thursday. The stock has a market cap of $3.33 billion, a P/E ratio of 20.44 and a beta of 2.17. Resideo Technologies, Inc. has a 12 month low of $16.53 and a 12 month high of $28.28. The company has a quick ratio of 1.10, a current ratio of 1.82 and a debt-to-equity ratio of 0.69. The company has a fifty day simple moving average of $24.64 and a 200 day simple moving average of $22.00.

Resideo Technologies (NYSE:REZI) last released its quarterly earnings results on Thursday, November 7th. The company reported $0.50 EPS for the quarter, topping analysts’ consensus estimates of $0.47 by $0.03. Resideo Technologies had a return on equity of 10.97% and a net margin of 2.72%. The company had revenue of $1.83 billion for the quarter, compared to analyst estimates of $1.82 billion. During the same quarter last year, the firm posted $0.41 earnings per share. On average, research analysts expect that Resideo Technologies, Inc. will post 1.96 EPS for the current year.

Insider Buying and Selling at Resideo Technologies

In related news, insider Robert B. Aarnes sold 98,829 shares of the firm’s stock in a transaction on Wednesday, November 20th. The shares were sold at an average price of $26.16, for a total transaction of $2,585,366.64. Following the sale, the insider now directly owns 458,928 shares in the company, valued at $12,005,556.48. This trade represents a 17.72 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Insiders own 1.50% of the company’s stock.

Resideo Technologies Company 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.