21,819 Shares in Resideo Technologies, Inc. (NYSE:REZI) Acquired by Diversified Trust Co

Diversified Trust Co purchased a new stake in Resideo Technologies, Inc. (NYSE:REZI - Free Report) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 21,819 shares of the company's stock, valued at approximately $386,000.

A number of other large investors have also recently bought and sold shares of the stock. Robeco Institutional Asset Management B.V. boosted its stake in shares of Resideo Technologies by 4.8% in the 1st quarter. Robeco Institutional Asset Management B.V. now owns 161,634 shares of the company's stock valued at $2,861,000 after purchasing an additional 7,446 shares in the last quarter. Steph & Co. boosted its position in Resideo Technologies by 6.9% in the first quarter. Steph & Co. now owns 12,209 shares of the company's stock valued at $216,000 after buying an additional 787 shares in the last quarter. Nilsine Partners LLC boosted its position in Resideo Technologies by 8.0% in the first quarter. Nilsine Partners LLC now owns 16,858 shares of the company's stock valued at $298,000 after buying an additional 1,251 shares in the last quarter. Exchange Traded Concepts LLC grew its stake in Resideo Technologies by 1,261.2% during the first quarter. Exchange Traded Concepts LLC now owns 7,160 shares of the company's stock worth $127,000 after buying an additional 6,634 shares during the last quarter. Finally, SG Americas Securities LLC acquired a new stake in shares of Resideo Technologies during the first quarter worth approximately $733,000. 91.71% of the stock is currently owned by institutional investors.

Resideo Technologies Price Performance

Shares of REZI stock opened at $22.04 on Tuesday. The stock's fifty day moving average is $20.00 and its 200-day moving average is $20.18. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.16 and a current ratio of 1.94. The stock has a market capitalization of $3.27 billion, a PE ratio of 68.88 and a beta of 2.19. Resideo Technologies, Inc. has a 52 week low of $14.18 and a 52 week high of $28.28.

Analyst Ratings Changes

Separately, JPMorgan Chase & Co. boosted their target price on Resideo Technologies from $20.00 to $21.00 and gave the stock a "neutral" rating in a report on Tuesday, June 3rd.

Insiders Place Their Bets

In related news, major shareholder Channel Holdings Ii L.P. Cd&R bought 5,754,501 shares of the company's stock in a transaction on Friday, May 9th. The stock was bought at an average cost of $17.38 per share, with a total value of $100,013,227.38. Following the completion of the purchase, the insider owned 5,754,501 shares in the company, valued at approximately $100,013,227.38. The trade was a ∞ increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. Insiders own 1.50% of the company's stock.

About Resideo Technologies

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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