American Century Companies Inc. Has $499,000 Stake in Resideo Technologies, Inc. (NYSE:REZI)

American Century Companies Inc. cut its position in Resideo Technologies, Inc. (NYSE:REZI - Free Report) by 89.6% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 21,668 shares of the company's stock after selling 186,424 shares during the quarter. American Century Companies Inc.'s holdings in Resideo Technologies were worth $499,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the business. Quantbot Technologies LP lifted its stake in Resideo Technologies by 80.8% during the fourth quarter. Quantbot Technologies LP now owns 23,807 shares of the company's stock valued at $549,000 after purchasing an additional 10,640 shares during the last quarter. Teacher Retirement System of Texas lifted its holdings in shares of Resideo Technologies by 15.1% in the fourth quarter. Teacher Retirement System of Texas now owns 184,833 shares of the company's stock valued at $4,260,000 after purchasing an additional 24,198 shares in the last quarter. Harvest Fund Management Co. Ltd purchased a new position in shares of Resideo Technologies during the fourth quarter valued at $119,000. Xponance Inc. acquired a new position in Resideo Technologies during the fourth quarter valued at $293,000. Finally, Boston Partners lifted its stake in Resideo Technologies by 25.1% in the 4th quarter. Boston Partners now owns 9,797,883 shares of the company's stock worth $225,865,000 after acquiring an additional 1,966,706 shares in the last quarter. Institutional investors own 91.71% of the company's stock.

Resideo Technologies Stock Up 0.7 %

NYSE REZI traded up $0.11 during trading on Thursday, reaching $15.35. 123,181 shares of the company's stock were exchanged, compared to its average volume of 933,518. The firm has a market capitalization of $2.27 billion, a PE ratio of 24.34 and a beta of 2.04. Resideo Technologies, Inc. has a fifty-two week low of $14.18 and a fifty-two week high of $28.28. The company has a current ratio of 1.82, a quick ratio of 1.10 and a debt-to-equity ratio of 0.69. The company's fifty day simple moving average is $18.23 and its 200-day simple moving average is $21.50.

Resideo Technologies (NYSE:REZI - Get Free Report) last released its earnings results on Thursday, February 20th. The company reported $0.51 earnings per share (EPS) for the quarter, missing analysts' consensus estimates 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. Sell-side analysts predict that Resideo Technologies, Inc. will post 2.13 EPS for the current year.

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.