UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Cuts Stock Position in Resideo Technologies, Inc. (NYSE:REZI)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lowered its position in Resideo Technologies, Inc. (NYSE:REZI) by 1.8% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 357,503 shares of the company’s stock after selling 6,719 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.24% of Resideo Technologies worth $7,200,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. GAMMA Investing LLC lifted its holdings in shares of Resideo Technologies by 50.0% during the 2nd quarter. GAMMA Investing LLC now owns 1,592 shares of the company’s stock valued at $31,000 after purchasing an additional 531 shares during the last quarter. Hennion & Walsh Asset Management Inc. increased its position in Resideo Technologies by 100.1% during the 2nd quarter. Hennion & Walsh Asset Management Inc. now owns 22,579 shares of the company’s stock valued at $442,000 after buying an additional 11,297 shares in the last quarter. Summit Global Investments acquired a new position in Resideo Technologies during the 2nd quarter valued at about $223,000. SummerHaven Investment Management LLC increased its position in Resideo Technologies by 1.7% during the 2nd quarter. SummerHaven Investment Management LLC now owns 41,904 shares of the company’s stock valued at $820,000 after buying an additional 705 shares in the last quarter. Finally, Louisiana State Employees Retirement System grew its stake in shares of Resideo Technologies by 1.5% during the second quarter. Louisiana State Employees Retirement System now owns 73,500 shares of the company’s stock worth $1,438,000 after acquiring an additional 1,100 shares during the last quarter. Hedge funds and other institutional investors own 91.71% of the company’s stock.

Resideo Technologies Price Performance

Shares of REZI stock opened at $26.99 on Tuesday. Resideo Technologies, Inc. has a fifty-two week low of $16.36 and a fifty-two week high of $28.28. The firm has a market capitalization of $3.97 billion, a price-to-earnings ratio of 24.32 and a beta of 2.17. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.10 and a current ratio of 1.82. The stock’s 50-day simple moving average is $23.08 and its 200-day simple moving average is $21.07.

Insider Buying and Selling

In other Resideo Technologies news, insider Robert B. Aarnes sold 98,829 shares of the business’s stock in a transaction dated Wednesday, November 20th. The stock was sold at an average price of $26.16, for a total transaction of $2,585,366.64. Following the sale, the insider now owns 458,928 shares in the company, valued at approximately $12,005,556.48. The trade was a 17.72 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.50% of the stock is owned by company insiders.

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.