Natixis Advisors L.P. Boosts Holdings in Resideo Technologies, Inc. (NYSE:REZI)

Natixis Advisors L.P. boosted its holdings in shares of Resideo Technologies, Inc. (NYSE:REZI - Free Report) by 14.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,074,870 shares of the company's stock after purchasing an additional 137,974 shares during the quarter. Natixis Advisors L.P. owned about 0.74% of Resideo Technologies worth $20,229,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of REZI. International Assets Investment Management LLC grew its holdings in shares of Resideo Technologies by 648.2% in the fourth quarter. International Assets Investment Management LLC now owns 1,863 shares of the company's stock worth $35,000 after purchasing an additional 1,614 shares during the last quarter. Nilsine Partners LLC purchased a new stake in shares of Resideo Technologies during the third quarter valued at about $184,000. Connable Office Inc. lifted its position in shares of Resideo Technologies by 14.5% during the third quarter. Connable Office Inc. now owns 12,635 shares of the company's stock valued at $200,000 after buying an additional 1,597 shares during the last quarter. Steph & Co. lifted its position in shares of Resideo Technologies by 15.3% during the third quarter. Steph & Co. now owns 15,296 shares of the company's stock valued at $242,000 after buying an additional 2,026 shares during the last quarter. Finally, Linden Thomas Advisory Services LLC lifted its position in shares of Resideo Technologies by 26.5% during the fourth quarter. Linden Thomas Advisory Services LLC now owns 16,575 shares of the company's stock valued at $312,000 after buying an additional 3,473 shares during the last quarter. Institutional investors own 91.71% of the company's stock.

Resideo Technologies Stock Performance

Shares of Resideo Technologies stock traded up $0.25 during midday trading on Monday, hitting $20.74. The company had a trading volume of 866,808 shares, compared to its average volume of 934,360. The stock has a market cap of $3.03 billion, a price-to-earnings ratio of 15.41 and a beta of 2.13. The company has a quick ratio of 1.26, a current ratio of 1.93 and a debt-to-equity ratio of 0.50. The company has a fifty day simple moving average of $21.51 and a 200 day simple moving average of $18.77. Resideo Technologies, Inc. has a 12-month low of $14.19 and a 12-month high of $23.21.

Resideo Technologies (NYSE:REZI - Get Free Report) last announced its quarterly earnings data on Thursday, May 2nd. The company reported $0.47 EPS for the quarter, beating the consensus estimate of $0.33 by $0.14. The firm had revenue of $1.49 billion during the quarter, compared to analyst estimates of $1.48 billion. Resideo Technologies had a net margin of 3.17% and a return on equity of 9.26%. Resideo Technologies's revenue was down 4.1% on a year-over-year basis. During the same period last year, the firm posted $0.39 EPS. As a group, analysts predict that Resideo Technologies, Inc. will post 2.1 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

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

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.