Resideo Technologies, Inc. (NYSE:REZI) Shares Bought by Nicola Wealth Management LTD.

Nicola Wealth Management LTD. grew its position in shares of Resideo Technologies, Inc. (NYSE:REZI) by 34.7% during the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 205,600 shares of the company’s stock after purchasing an additional 53,000 shares during the quarter. Nicola Wealth Management LTD. owned 0.14% of Resideo Technologies worth $4,141,000 as of its most recent filing with the SEC.

Several other hedge funds also recently modified their holdings of the company. GAMMA Investing LLC boosted its position in shares of Resideo Technologies by 50.0% in the second quarter. GAMMA Investing LLC now owns 1,592 shares of the company’s stock worth $31,000 after buying an additional 531 shares during the period. International Assets Investment Management LLC boosted its position in shares of Resideo Technologies by 1,740.5% in the third quarter. International Assets Investment Management LLC now owns 2,135 shares of the company’s stock worth $43,000 after buying an additional 2,019 shares during the period. Blue Trust Inc. raised its holdings in shares of Resideo Technologies by 55.0% during the third quarter. Blue Trust Inc. now owns 2,515 shares of the company’s stock worth $49,000 after acquiring an additional 892 shares in the last quarter. Quarry LP raised its holdings in shares of Resideo Technologies by 79.7% during the second quarter. Quarry LP now owns 2,892 shares of the company’s stock worth $57,000 after acquiring an additional 1,283 shares in the last quarter. Finally, EntryPoint Capital LLC purchased a new stake in shares of Resideo Technologies during the first quarter worth $70,000. 91.71% of the stock is currently owned by institutional investors and hedge funds.

Resideo Technologies Stock Up 0.6 %

NYSE REZI traded up $0.14 during trading on Thursday, hitting $25.50. 171,208 shares of the company traded hands, compared to its average volume of 867,653. 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 business has a fifty day simple moving average of $20.29 and a 200 day simple moving average of $20.35. The company has a market capitalization of $3.75 billion, a P/E ratio of 23.00 and a beta of 2.09. Resideo Technologies, Inc. has a 12 month low of $16.05 and a 12 month high of $25.63.

Analysts Set New Price Targets

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

Resideo Technologies 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.