Fox Run Management L.L.C. Sells 4,964 Shares of Resideo Technologies, Inc. (NYSE:REZI)

Fox Run Management L.L.C. reduced its position in shares of Resideo Technologies, Inc. (NYSE:REZI) by 20.8% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 18,867 shares of the company’s stock after selling 4,964 shares during the quarter. Fox Run Management L.L.C.’s holdings in Resideo Technologies were worth $435,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Horizon Kinetics Asset Management LLC raised its stake in shares of Resideo Technologies by 32.3% during the third quarter. Horizon Kinetics Asset Management LLC now owns 87,112 shares of the company’s stock valued at $1,754,000 after acquiring an additional 21,266 shares during the last quarter. Citigroup Inc. raised its position in Resideo Technologies by 47.5% during the 3rd quarter. Citigroup Inc. now owns 197,142 shares of the company’s stock valued at $3,970,000 after purchasing an additional 63,501 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in Resideo Technologies by 16.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,007,980 shares of the company’s stock worth $20,301,000 after buying an additional 143,452 shares during the period. Hotchkis & Wiley Capital Management LLC grew its position in shares of Resideo Technologies by 98.3% in the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 621,560 shares of the company’s stock worth $12,518,000 after buying an additional 308,060 shares during the last quarter. Finally, Barclays PLC increased its stake in shares of Resideo Technologies by 358.9% during the third quarter. Barclays PLC now owns 262,698 shares of the company’s stock valued at $5,290,000 after buying an additional 205,453 shares during the period. Hedge funds and other institutional investors own 91.71% of the company’s stock.

Resideo Technologies Stock Performance

Shares of REZI stock opened at $18.46 on Wednesday. The firm has a market capitalization of $2.73 billion, a price-to-earnings ratio of 29.30 and a beta of 2.32. The stock has a fifty day moving average of $20.48 and a 200 day moving average of $21.90. Resideo Technologies, Inc. has a 52 week low of $16.88 and a 52 week 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.

Resideo Technologies (NYSE:REZI) last posted its earnings results on Thursday, February 20th. The company reported $0.51 EPS for the quarter, missing the consensus estimate of $0.59 by ($0.08). Resideo Technologies had a return on equity of 11.12% and a net margin of 1.69%. The company had revenue of $1.86 billion during the quarter, compared to analysts’ expectations of $1.84 billion. As a group, research analysts expect 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.