Nia Impact Advisors LLC raised its stake in Xylem Inc. (NYSE:XYL – Free Report) by 12.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 67,754 shares of the industrial products company’s stock after buying an additional 7,492 shares during the period. Xylem accounts for 2.6% of Nia Impact Advisors LLC’s holdings, making the stock its 6th largest holding. Nia Impact Advisors LLC’s holdings in Xylem were worth $7,861,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Nomura Holdings Inc. bought a new position in shares of Xylem during the fourth quarter valued at $1,463,000. OMERS ADMINISTRATION Corp lifted its holdings in Xylem by 20.5% during the 4th quarter. OMERS ADMINISTRATION Corp now owns 10,070 shares of the industrial products company’s stock worth $1,168,000 after buying an additional 1,716 shares during the period. Occudo Quantitative Strategies LP acquired a new position in Xylem during the 4th quarter worth about $2,323,000. Minot DeBlois Advisors LLC acquired a new position in Xylem during the 4th quarter worth about $742,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in Xylem by 2.6% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 40,729 shares of the industrial products company’s stock worth $4,725,000 after buying an additional 1,021 shares during the period. Institutional investors own 87.96% of the company’s stock.
Analysts Set New Price Targets
Several brokerages recently commented on XYL. Citigroup reduced their target price on Xylem from $152.00 to $134.00 and set a “buy” rating on the stock in a report on Monday, April 14th. Royal Bank of Canada increased their price objective on shares of Xylem from $143.00 to $147.00 and gave the stock an “outperform” rating in a research report on Wednesday, April 30th. Stifel Nicolaus increased their price objective on shares of Xylem from $140.00 to $141.00 and gave the stock a “buy” rating in a research report on Wednesday, April 30th. Finally, Robert W. Baird lowered their price objective on Xylem from $149.00 to $146.00 and set an “outperform” rating for the company in a research report on Wednesday, April 30th. Two equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to MarketBeat, Xylem currently has a consensus rating of “Moderate Buy” and a consensus target price of $146.88.
Xylem Stock Down 0.3%
Shares of NYSE XYL opened at $126.89 on Wednesday. The company has a quick ratio of 1.33, a current ratio of 1.76 and a debt-to-equity ratio of 0.19. The company’s fifty day simple moving average is $117.23 and its 200 day simple moving average is $121.43. The firm has a market cap of $30.88 billion, a PE ratio of 34.67, a P/E/G ratio of 2.33 and a beta of 1.10. Xylem Inc. has a 12-month low of $100.47 and a 12-month high of $146.08.
Xylem (NYSE:XYL – Get Free Report) last issued its earnings results on Tuesday, April 29th. The industrial products company reported $1.03 EPS for the quarter, beating the consensus estimate of $0.95 by $0.08. The company had revenue of $2.07 billion during the quarter, compared to the consensus estimate of $2.04 billion. Xylem had a return on equity of 9.96% and a net margin of 10.40%. The firm’s revenue for the quarter was up 1.8% compared to the same quarter last year. During the same period last year, the business posted $0.90 EPS. As a group, sell-side analysts forecast that Xylem Inc. will post 4.65 earnings per share for the current fiscal year.
About Xylem
Xylem Inc, together with its subsidiaries, engages in the design, manufacture, and servicing of engineered products and solutions worldwide. It operates through four segments: Water Infrastructure, Applied Water, Measurement & Control Solutions, and Integrated Solutions and Services. The Water Infrastructure segment offers products, including water, storm water, and wastewater pumps; controls and systems; filtration, disinfection, and biological treatment equipment; and mobile dewatering equipment and rental services under the ADI, Flygt, Godwin, Sanitaire, Magneto, Neptune Benson, Ionpure, Leopold, Wedeco, and Xylem Vue brands.
Featured Stories
- Five stocks we like better than Xylem
- Overbought Stocks Explained: Should You Trade Them?
- 4 Recent Earnings Winners Riding Fresh Momentum in May
- The Top 3 Healthcare Dividend Stocks to Buy and Hold
- Tesla: Get Ready To See It Trading Above $400 Again
- 3 Tickers Leading a Meme Stock Revival
- ON Holding Surges, Leads High-End Retailers Into Reversal
Want to see what other hedge funds are holding XYL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Xylem Inc. (NYSE:XYL – Free Report).
Receive News & Ratings for Xylem Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Xylem and related companies with MarketBeat.com's FREE daily email newsletter.