Nisa Investment Advisors LLC Has $390,000 Stock Position in Resideo Technologies, Inc. (NYSE:REZI)

Nisa Investment Advisors LLC lessened its holdings in Resideo Technologies, Inc. (NYSE:REZIFree Report) by 8.8% during the fourth quarter, Holdings Channel reports. The fund owned 16,909 shares of the company’s stock after selling 1,626 shares during the period. Nisa Investment Advisors LLC’s holdings in Resideo Technologies were worth $390,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Hsbc Holdings PLC raised its position in shares of Resideo Technologies by 3.3% during the 2nd quarter. Hsbc Holdings PLC now owns 23,479 shares of the company’s stock valued at $457,000 after purchasing an additional 747 shares during the period. Sei Investments Co. increased its position in shares of Resideo Technologies by 170.2% during the 2nd quarter. Sei Investments Co. now owns 101,354 shares of the company’s stock valued at $1,983,000 after purchasing an additional 63,847 shares during the last quarter. Marshall Wace LLP purchased a new stake in shares of Resideo Technologies in the second quarter valued at $1,406,000. Millennium Management LLC raised its position in Resideo Technologies by 57.2% in the 2nd quarter. Millennium Management LLC now owns 378,908 shares of the company’s stock worth $7,411,000 after purchasing an additional 137,876 shares during the period. Finally, The Manufacturers Life Insurance Company raised its holdings in shares of Resideo Technologies by 2.8% in the second quarter. The Manufacturers Life Insurance Company now owns 79,551 shares of the company’s stock worth $1,556,000 after buying an additional 2,170 shares during the period. Institutional investors own 91.71% of the company’s stock.

Insider Transactions at Resideo Technologies

In other Resideo Technologies news, insider Robert B. Aarnes sold 98,829 shares of the stock in a transaction that occurred on 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 completion of the sale, the insider now directly owns 458,928 shares of the company’s stock, valued at approximately $12,005,556.48. This trade represents a 17.72 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 1.50% of the company’s stock.

Resideo Technologies Trading Down 0.7 %

REZI opened at $22.69 on Thursday. 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 stock’s fifty day moving average is $24.64 and its two-hundred day moving average is $22.00. Resideo Technologies, Inc. has a 52 week low of $16.53 and a 52 week high of $28.28. The company has a market capitalization of $3.33 billion, a P/E ratio of 20.44 and a beta of 2.17.

Resideo Technologies (NYSE:REZIGet Free Report) last released its quarterly earnings data on Thursday, November 7th. The company reported $0.50 EPS for the quarter, topping the consensus estimate of $0.47 by $0.03. Resideo Technologies had a return on equity of 10.97% and a net margin of 2.72%. The business had revenue of $1.83 billion for the quarter, compared to analyst estimates of $1.82 billion. During the same quarter in the prior year, the firm posted $0.41 EPS. Analysts forecast that Resideo Technologies, Inc. will post 1.96 earnings per share for the current year.

Resideo Technologies Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Resideo Technologies (NYSE:REZI)

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