Xylem Inc. (NYSE:XYL) Shares Sold by Tokio Marine Asset Management Co. Ltd.

Tokio Marine Asset Management Co. Ltd. cut its position in shares of Xylem Inc. (NYSE:XYL) by 14.7% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 7,317 shares of the industrial products company’s stock after selling 1,265 shares during the quarter. Tokio Marine Asset Management Co. Ltd.’s holdings in Xylem were worth $988,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in XYL. California State Teachers Retirement System raised its stake in shares of Xylem by 1.4% during the 1st quarter. California State Teachers Retirement System now owns 393,856 shares of the industrial products company’s stock worth $50,902,000 after buying an additional 5,477 shares during the period. Cetera Investment Advisers lifted its holdings in Xylem by 191.7% during the first quarter. Cetera Investment Advisers now owns 27,412 shares of the industrial products company’s stock valued at $3,543,000 after purchasing an additional 18,014 shares in the last quarter. Edgestream Partners L.P. increased its stake in shares of Xylem by 82.6% during the first quarter. Edgestream Partners L.P. now owns 25,070 shares of the industrial products company’s stock worth $3,240,000 after purchasing an additional 11,344 shares in the last quarter. BOKF NA raised its position in shares of Xylem by 967.9% during the 1st quarter. BOKF NA now owns 68,941 shares of the industrial products company’s stock worth $8,869,000 after purchasing an additional 62,485 shares during the last quarter. Finally, Quintet Private Bank Europe S.A. lifted its stake in Xylem by 28.0% in the 3rd quarter. Quintet Private Bank Europe S.A. now owns 203,262 shares of the industrial products company’s stock valued at $27,446,000 after buying an additional 44,414 shares in the last quarter. Institutional investors and hedge funds own 87.96% of the company’s stock.

Xylem Trading Up 0.1 %

NYSE:XYL opened at $121.78 on Friday. The company has a quick ratio of 1.42, a current ratio of 1.96 and a debt-to-equity ratio of 0.19. The stock has a fifty day simple moving average of $130.76 and a 200-day simple moving average of $134.69. Xylem Inc. has a 52-week low of $99.90 and a 52-week high of $146.08. The company has a market capitalization of $29.59 billion, a PE ratio of 35.61, a price-to-earnings-growth ratio of 2.24 and a beta of 1.05.

Xylem (NYSE:XYL) last posted its quarterly earnings data on Thursday, October 31st. The industrial products company reported $1.11 EPS for the quarter, meeting analysts’ consensus estimates of $1.11. Xylem had a return on equity of 9.61% and a net margin of 9.85%. The business had revenue of $2.10 billion for the quarter, compared to analyst estimates of $2.17 billion. During the same quarter last year, the company earned $0.99 earnings per share. The business’s revenue for the quarter was up .2% compared to the same quarter last year. On average, equities research analysts expect that Xylem Inc. will post 4.23 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

XYL has been the subject of a number of research analyst reports. Royal Bank of Canada reduced 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. Robert W. Baird dropped their target price on shares of Xylem from $175.00 to $154.00 and set an “outperform” rating for the company in a report on Friday, November 1st. TD Cowen decreased their price target on shares of Xylem from $138.00 to $125.00 and set a “hold” rating on the stock in a research note on Wednesday, November 6th. UBS Group began coverage on shares of Xylem in a research note on Tuesday, August 13th. They set a “buy” rating and a $165.00 price objective for the company. Finally, Stifel Nicolaus raised their target price on shares of Xylem from $170.00 to $172.00 and gave the stock a “buy” rating in a research note on Wednesday, July 31st. Four equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $147.17.

Xylem 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.