Qube Research & Technologies Ltd Has $543000 Stock Holdings in Resideo Technologies, Inc. (NYSE:REZI) – Defense World
Posted by admin on Aug 22nd, 2022 
Qube Research & Technologies Ltd boosted its position in Resideo Technologies, Inc. (NYSE:REZI – Get Rating) by 21.3% during the first quarter, Holdings Channel reports. The institutional investor owned 22,785 shares of the company’s stock after purchasing an additional 4,002 shares during the quarter. Qube Research & Technologies Ltd’s holdings in Resideo Technologies were worth $543,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also bought and sold shares of the company. Versor Investments LP acquired a new stake in Resideo Technologies in the 1st quarter valued at approximately $208,000. CWM LLC acquired a new position in shares of Resideo Technologies during the 4th quarter worth approximately $26,000. Barclays PLC increased its position in shares of Resideo Technologies by 54.2% during the 4th quarter. Barclays PLC now owns 199,914 shares of the company’s stock worth $5,203,000 after purchasing an additional 70,239 shares during the last quarter. Natixis Advisors L.P. increased its position in shares of Resideo Technologies by 67.3% during the 4th quarter. Natixis Advisors L.P. now owns 296,044 shares of the company’s stock worth $7,706,000 after purchasing an additional 119,137 shares during the last quarter. Finally, SummerHaven Investment Management LLC increased its position in shares of Resideo Technologies by 4.6% during the 1st quarter. SummerHaven Investment Management LLC now owns 31,775 shares of the company’s stock worth $757,000 after purchasing an additional 1,386 shares during the last quarter. Institutional investors and hedge funds own 92.91% of the company’s stock.
NYSE:REZI opened at $22.48 on Monday. The firm has a market capitalization of $3.28 billion, a price-to-earnings ratio of 10.60 and a beta of 2.18. Resideo Technologies, Inc. has a twelve month low of $18.36 and a twelve month high of $32.94. The stock’s 50 day moving average price is $21.19 and its two-hundred day moving average price is $23.08. The company has a quick ratio of 0.96, a current ratio of 1.57 and a debt-to-equity ratio of 0.59.
Resideo Technologies (NYSE:REZI – Get Rating) last posted its quarterly earnings results on Thursday, August 4th. The company reported $0.63 earnings per share for the quarter, topping the consensus estimate of $0.56 by $0.07. The firm had revenue of $1.69 billion for the quarter, compared to analyst estimates of $1.66 billion. Resideo Technologies had a return on equity of 13.79% and a net margin of 5.14%. The business’s quarterly revenue was up 14.2% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.39 EPS. Equities research analysts expect that Resideo Technologies, Inc. will post 2.38 earnings per share for the current fiscal year.
In other news, insider Robert B. Aarnes sold 65,500 shares of Resideo Technologies stock in a transaction that occurred on Wednesday, May 25th. The stock was sold at an average price of $23.03, for a total transaction of $1,508,465.00. Following the completion of the transaction, the insider now directly owns 155,081 shares in the company, valued at approximately $3,571,515.43. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.09% of the stock is currently owned by corporate insiders.
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Resideo Technologies, Inc develops, manufactures, and sells comfort, residential thermal, and security solutions to the commercial and residential end markets in the United States, Europe, and internationally. The company operates in two segments, Products & Solutions, and ADI Global Distribution.
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