Xylem Inc. (NYSE:XYL) Shares Sold by Bokf Na

BOKF NA decreased its holdings in shares of Xylem Inc. (NYSE:XYL - Free Report) by 32.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 40,733 shares of the industrial products company's stock after selling 19,683 shares during the quarter. BOKF NA's holdings in Xylem were worth $4,644,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Dempze Nancy E lifted its holdings in Xylem by 0.3% in the 4th quarter. Dempze Nancy E now owns 25,761 shares of the industrial products company's stock worth $2,989,000 after buying an additional 88 shares in the last quarter. Townsquare Capital LLC boosted its holdings in Xylem by 0.8% in the fourth quarter. Townsquare Capital LLC now owns 11,074 shares of the industrial products company's stock valued at $1,285,000 after purchasing an additional 88 shares during the last quarter. Keel Point LLC increased its holdings in Xylem by 4.1% during the 4th quarter. Keel Point LLC now owns 2,371 shares of the industrial products company's stock worth $275,000 after purchasing an additional 93 shares during the last quarter. Clear Creek Financial Management LLC grew its position in shares of Xylem by 4.3% during the fourth quarter. Clear Creek Financial Management LLC now owns 2,315 shares of the industrial products company's stock worth $269,000 after buying an additional 96 shares in the last quarter. Finally, Bleakley Financial Group LLC increased its stake in shares of Xylem by 2.3% in the fourth quarter. Bleakley Financial Group LLC now owns 4,359 shares of the industrial products company's stock worth $506,000 after buying an additional 96 shares during the last quarter. Institutional investors and hedge funds own 87.96% of the company's stock.

Xylem Stock Performance

Shares of Xylem stock traded down $0.54 during trading on Friday, hitting $122.77. 664,817 shares of the stock were exchanged, compared to its average volume of 1,419,807. The stock has a market cap of $29.88 billion, a PE ratio of 33.54, a P/E/G ratio of 2.33 and a beta of 1.10. The stock's fifty day moving average is $117.32 and its 200 day moving average is $121.55. Xylem Inc. has a 12 month low of $100.47 and a 12 month high of $146.08. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.33 and a current ratio of 1.76.

Xylem (NYSE:XYL - Get Free Report) last announced its quarterly 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. Xylem had a net margin of 10.40% and a return on equity of 9.96%. The company had revenue of $2.07 billion for the quarter, compared to analyst estimates of $2.04 billion. During the same quarter last year, the business earned $0.90 earnings per share. Xylem's revenue was up 1.8% compared to the same quarter last year. As a group, sell-side analysts anticipate that Xylem Inc. will post 4.65 EPS for the current year.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the stock. Stifel Nicolaus upped their target price on shares of Xylem from $140.00 to $141.00 and gave the company a "buy" rating in a research note on Wednesday, April 30th. Royal Bank of Canada increased their target price on Xylem from $143.00 to $147.00 and gave the stock an "outperform" rating in a report on Wednesday, April 30th. Robert W. Baird decreased their target price on Xylem from $149.00 to $146.00 and set an "outperform" rating for the company in a research report on Wednesday, April 30th. Finally, Citigroup reduced their price objective on Xylem from $152.00 to $134.00 and set a "buy" rating on the stock in a research note on Monday, April 14th. Two analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $146.88.

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.