Gouws Capital LLC Purchases 4,817 Shares of Xylem Inc. (NYSE:XYL)

Gouws Capital LLC boosted its position in Xylem Inc. (NYSE:XYL) by 29.4% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 21,191 shares of the industrial products company’s stock after purchasing an additional 4,817 shares during the period. Xylem makes up approximately 1.9% of Gouws Capital LLC’s investment portfolio, making the stock its 17th biggest holding. Gouws Capital LLC’s holdings in Xylem were worth $2,861,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of XYL. EverSource Wealth Advisors LLC increased its stake in Xylem by 68.8% in the 1st quarter. EverSource Wealth Advisors LLC now owns 189 shares of the industrial products company’s stock worth $25,000 after buying an additional 77 shares during the period. Bangor Savings Bank grew its stake in Xylem by 56.7% in the 3rd quarter. Bangor Savings Bank now owns 235 shares of the industrial products company’s stock worth $32,000 after acquiring an additional 85 shares in the last quarter. Mark Sheptoff Financial Planning LLC purchased a new position in shares of Xylem during the second quarter worth approximately $33,000. Blue Trust Inc. raised its stake in shares of Xylem by 1,185.7% during the second quarter. Blue Trust Inc. now owns 270 shares of the industrial products company’s stock valued at $35,000 after acquiring an additional 249 shares in the last quarter. Finally, Assetmark Inc. boosted its holdings in shares of Xylem by 3,887.5% in the third quarter. Assetmark Inc. now owns 319 shares of the industrial products company’s stock valued at $43,000 after purchasing an additional 311 shares during the period. Institutional investors own 87.96% of the company’s stock.

Xylem Stock Up 0.0 %

NYSE:XYL traded up $0.04 during mid-day trading on Friday, hitting $121.67. 369,119 shares of the company’s stock traded hands, compared to its average volume of 1,202,094. The company has a fifty day moving average of $130.86 and a 200 day moving average of $134.76. Xylem Inc. has a twelve month low of $99.90 and a twelve month high of $146.08. The company has a market capitalization of $29.56 billion, a P/E ratio of 35.56, a P/E/G ratio of 2.28 and a beta of 1.05. 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 (NYSE:XYL) last announced its 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 return on equity of 9.61% and a net margin of 9.85%. The company had revenue of $2.10 billion for the quarter, compared to analyst estimates of $2.17 billion. During the same period in the prior year, the company posted $0.99 EPS. The firm’s quarterly revenue was up .2% compared to the same quarter last year. On average, analysts forecast that Xylem Inc. will post 4.23 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the company. UBS Group assumed coverage on Xylem in a report on Tuesday, August 13th. They set a “buy” rating and a $165.00 price objective on the stock. TD Cowen lowered their target price on Xylem from $138.00 to $125.00 and set a “hold” rating for the company in a report on Wednesday, November 6th. Stifel Nicolaus upped 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. Royal Bank of Canada lowered their target price on Xylem from $163.00 to $162.00 and set an “outperform” rating for the company in a report on Friday, November 1st. Finally, Robert W. Baird lowered their target price on Xylem from $175.00 to $154.00 and set an “outperform” rating for the company in a report on Friday, November 1st. Four equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. Based on data from MarketBeat, Xylem has an average 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.