The Manufacturers Life Insurance Company Sells 702 Shares of Resideo Technologies, Inc. (NYSE:REZI)

The Manufacturers Life Insurance Company lessened its holdings in shares of Resideo Technologies, Inc. (NYSE:REZI) by 0.9% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 78,849 shares of the company’s stock after selling 702 shares during the period. The Manufacturers Life Insurance Company’s holdings in Resideo Technologies were worth $1,588,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of REZI. Horizon Kinetics Asset Management LLC grew its position in shares of Resideo Technologies by 32.3% in the 3rd quarter. Horizon Kinetics Asset Management LLC now owns 87,112 shares of the company’s stock worth $1,754,000 after buying an additional 21,266 shares during the last quarter. Algert Global LLC lifted its stake in Resideo Technologies by 15.3% in the third quarter. Algert Global LLC now owns 163,750 shares of the company’s stock worth $3,298,000 after acquiring an additional 21,770 shares during the period. Citigroup Inc. boosted its holdings in Resideo Technologies by 47.5% in the third quarter. Citigroup Inc. now owns 197,142 shares of the company’s stock valued at $3,970,000 after acquiring an additional 63,501 shares in the last quarter. Charles Schwab Investment Management Inc. raised its holdings in Resideo Technologies by 3.7% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,545,865 shares of the company’s stock worth $31,134,000 after purchasing an additional 54,508 shares in the last quarter. Finally, Intech Investment Management LLC lifted its position in shares of Resideo Technologies by 63.7% in the 3rd quarter. Intech Investment Management LLC now owns 76,748 shares of the company’s stock worth $1,546,000 after purchasing an additional 29,861 shares during the period. Institutional investors own 91.71% of the company’s stock.

Resideo Technologies Trading Down 0.7 %

Shares of REZI opened at $26.79 on Wednesday. Resideo Technologies, Inc. has a 1-year low of $16.36 and a 1-year high of $28.28. The firm has a market capitalization of $3.94 billion, a price-to-earnings ratio of 24.14 and a beta of 2.17. The firm’s 50-day moving average price is $23.23 and its 200-day moving average price is $21.11. The company has a current ratio of 1.82, a quick ratio of 1.10 and a debt-to-equity ratio of 0.69.

Insider Buying and Selling at Resideo Technologies

In other Resideo Technologies news, insider Robert B. Aarnes sold 98,829 shares of the company’s stock in a transaction dated Wednesday, November 20th. The shares were sold at an average price of $26.16, for a total value 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. This represents a 17.72 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 1.50% of the company’s stock.

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.