Foundry Partners LLC Has $4.43 Million Stock Position in Resideo Technologies, Inc. (NYSE:REZI)

Foundry Partners LLC cut its stake in shares of Resideo Technologies, Inc. (NYSE:REZI) by 31.6% in the third quarter, Holdings Channel reports. The firm owned 219,776 shares of the company’s stock after selling 101,323 shares during the quarter. Foundry Partners LLC’s holdings in Resideo Technologies were worth $4,426,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Nilsine Partners LLC raised its holdings in Resideo Technologies by 3.3% during the second quarter. Nilsine Partners LLC now owns 14,256 shares of the company’s stock worth $279,000 after acquiring an additional 452 shares in the last quarter. Commonwealth Equity Services LLC grew its position in Resideo Technologies by 3.4% during the second quarter. Commonwealth Equity Services LLC now owns 13,702 shares of the company’s stock worth $268,000 after buying an additional 454 shares in the last quarter. Quest Partners LLC grew its position in Resideo Technologies by 2.3% during the third quarter. Quest Partners LLC now owns 22,045 shares of the company’s stock worth $444,000 after buying an additional 505 shares in the last quarter. GAMMA Investing LLC lifted its stake in Resideo Technologies by 50.0% during the second quarter. GAMMA Investing LLC now owns 1,592 shares of the company’s stock worth $31,000 after purchasing an additional 531 shares during the last quarter. Finally, Arizona State Retirement System lifted its stake in Resideo Technologies by 1.3% during the second quarter. Arizona State Retirement System now owns 40,683 shares of the company’s stock worth $796,000 after purchasing an additional 535 shares during the last quarter. 91.71% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Separately, Evercore ISI assumed coverage on Resideo Technologies in a report on Friday, August 9th. They issued an “outperform” rating and a $25.00 price objective for the company.

Resideo Technologies Stock Performance

Resideo Technologies stock opened at $26.40 on Friday. The company has a quick ratio of 1.10, a current ratio of 1.82 and a debt-to-equity ratio of 0.69. The company has a market capitalization of $3.88 billion, a PE ratio of 23.76 and a beta of 2.09. The firm has a fifty day simple moving average of $21.05 and a two-hundred day simple moving average of $20.56. Resideo Technologies, Inc. has a twelve month low of $16.06 and a twelve month high of $26.71.

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.