Xylem Inc. (NYSE:XYL) Shares Acquired by Metis Global Partners LLC

Metis Global Partners LLC lifted its holdings in Xylem Inc. (NYSE:XYL) by 8.4% in the 3rd quarter, Holdings Channel.com reports. The fund owned 48,629 shares of the industrial products company’s stock after buying an additional 3,753 shares during the quarter. Metis Global Partners LLC’s holdings in Xylem were worth $6,566,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the stock. Swedbank AB raised its position in shares of Xylem by 22.8% during the 3rd quarter. Swedbank AB now owns 2,991,583 shares of the industrial products company’s stock worth $403,953,000 after purchasing an additional 554,609 shares during the period. Mirova US LLC grew its position in Xylem by 2.0% in the 2nd quarter. Mirova US LLC now owns 1,876,618 shares of the industrial products company’s stock valued at $254,526,000 after buying an additional 36,013 shares in the last quarter. Impax Asset Management Group plc raised its position in shares of Xylem by 1.0% during the 3rd quarter. Impax Asset Management Group plc now owns 1,677,816 shares of the industrial products company’s stock worth $226,555,000 after buying an additional 15,825 shares in the last quarter. DekaBank Deutsche Girozentrale boosted its holdings in shares of Xylem by 2.2% in the second quarter. DekaBank Deutsche Girozentrale now owns 1,665,090 shares of the industrial products company’s stock valued at $227,364,000 after acquiring an additional 36,601 shares in the last quarter. Finally, Victory Capital Management Inc. raised its holdings in Xylem by 9.3% during the third quarter. Victory Capital Management Inc. now owns 1,627,279 shares of the industrial products company’s stock worth $219,731,000 after purchasing an additional 137,883 shares in the last quarter. 87.96% of the stock is currently owned by institutional investors and hedge funds.

Xylem Stock Down 0.8 %

XYL stock opened at $123.78 on Thursday. The stock has a fifty day moving average of $130.98 and a 200-day moving average of $134.85. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.42 and a current ratio of 1.96. Xylem Inc. has a fifty-two week low of $99.90 and a fifty-two week high of $146.08. The company has a market capitalization of $30.07 billion, a price-to-earnings ratio of 36.19, a PEG ratio of 2.30 and a beta of 1.05.

Xylem (NYSE:XYL) last posted its quarterly earnings results on Thursday, October 31st. The industrial products company reported $1.11 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.11. Xylem had a net margin of 9.85% and a return on equity of 9.61%. The business had revenue of $2.10 billion during the quarter, compared to analyst estimates of $2.17 billion. During the same period in the prior year, the business posted $0.99 earnings per share. The company’s revenue was up .2% on a year-over-year basis. As a group, equities research analysts predict that Xylem Inc. will post 4.23 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the stock. UBS Group assumed coverage on shares of Xylem in a research report on Tuesday, August 13th. They issued a “buy” rating and a $165.00 price target for the company. Robert W. Baird lowered their price target on Xylem from $175.00 to $154.00 and set an “outperform” rating on the stock in a research report on Friday, November 1st. TD Cowen dropped their price target on Xylem from $138.00 to $125.00 and set a “hold” rating on the stock in a research report on Wednesday, November 6th. Stifel Nicolaus increased their target price on Xylem from $170.00 to $172.00 and gave the stock a “buy” rating in a report on Wednesday, July 31st. Finally, Royal Bank of Canada reduced their target price on Xylem from $163.00 to $162.00 and set an “outperform” rating on the stock in a report on Friday, November 1st. Four analysts have rated the stock with a hold rating and nine have given a buy rating to the company. According to data from MarketBeat, Xylem currently has a consensus rating of “Moderate Buy” and an average target price of $147.17.

Xylem Company Profile

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.