Linden Thomas Advisory Services LLC Has $312,000 Holdings in Resideo Technologies, Inc. (NYSE:REZI)

Linden Thomas Advisory Services LLC grew its position in Resideo Technologies, Inc. (NYSE:REZI) by 26.5% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 16,575 shares of the company’s stock after purchasing an additional 3,473 shares during the period. Linden Thomas Advisory Services LLC’s holdings in Resideo Technologies were worth $312,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in REZI. Pzena Investment Management LLC lifted its stake in Resideo Technologies by 23.7% in the 3rd quarter. Pzena Investment Management LLC now owns 4,815,603 shares of the company’s stock worth $76,087,000 after acquiring an additional 921,631 shares in the last quarter. Fuller & Thaler Asset Management Inc. boosted its holdings in shares of Resideo Technologies by 9.9% during the third quarter. Fuller & Thaler Asset Management Inc. now owns 8,253,726 shares of the company’s stock worth $130,409,000 after purchasing an additional 744,403 shares during the period. Assenagon Asset Management S.A. boosted its holdings in shares of Resideo Technologies by 1,562.1% during the fourth quarter. Assenagon Asset Management S.A. now owns 478,900 shares of the company’s stock worth $9,013,000 after purchasing an additional 450,087 shares during the period. Foundry Partners LLC purchased a new position in Resideo Technologies during the fourth quarter valued at approximately $3,993,000. Finally, Tudor Investment Corp Et Al increased its stake in Resideo Technologies by 662.9% in the 3rd quarter. Tudor Investment Corp Et Al now owns 193,492 shares of the company’s stock valued at $3,057,000 after buying an additional 168,130 shares during the period. 91.71% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Separately, TheStreet raised shares of Resideo Technologies from a “c+” rating to a “b-” rating in a research note on Wednesday, February 28th.

Resideo Technologies Stock Performance

Shares of NYSE REZI opened at $19.88 on Friday. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.80 and a quick ratio of 1.18. Resideo Technologies, Inc. has a one year low of $14.19 and a one year high of $23.21. The business’s 50-day moving average price is $21.74 and its two-hundred day moving average price is $18.53. The company has a market capitalization of $2.90 billion, a P/E ratio of 14.00 and a beta of 2.13.

Resideo Technologies (NYSE:REZI) last announced its quarterly earnings results on Tuesday, February 13th. The company reported $0.48 EPS for the quarter, beating the consensus estimate of $0.34 by $0.14. The business had revenue of $1.54 billion during the quarter, compared to analysts’ expectations of $1.52 billion. Resideo Technologies had a return on equity of 8.99% and a net margin of 3.36%. The firm’s quarterly revenue was down 1.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.26 EPS. Analysts anticipate that Resideo Technologies, Inc. will post 1.65 earnings per share for the current fiscal 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.