D. E. Shaw & Co. Inc. Raises Holdings in Xylem Inc. (NYSE:XYL)

D. E. Shaw & Co. Inc. boosted its holdings in shares of Xylem Inc. (NYSE:XYL - Free Report) by 1,060.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 281,924 shares of the industrial products company's stock after acquiring an additional 257,633 shares during the quarter. D. E. Shaw & Co. Inc. owned about 0.12% of Xylem worth $32,709,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Vanguard Group Inc. raised its holdings in Xylem by 1.1% in the 4th quarter. Vanguard Group Inc. now owns 28,644,417 shares of the industrial products company's stock valued at $3,323,325,000 after buying an additional 303,854 shares during the period. Geode Capital Management LLC raised its stake in shares of Xylem by 2.4% in the 4th quarter. Geode Capital Management LLC now owns 5,804,247 shares of the industrial products company's stock valued at $671,623,000 after acquiring an additional 135,492 shares during the period. Impax Asset Management Group plc raised its stake in shares of Xylem by 231.5% in the 4th quarter. Impax Asset Management Group plc now owns 5,561,661 shares of the industrial products company's stock valued at $644,039,000 after acquiring an additional 3,883,845 shares during the period. Invesco Ltd. boosted its position in shares of Xylem by 9.8% during the 4th quarter. Invesco Ltd. now owns 4,009,907 shares of the industrial products company's stock worth $465,229,000 after purchasing an additional 359,276 shares during the period. Finally, Swedbank AB increased its holdings in Xylem by 23.1% in the 4th quarter. Swedbank AB now owns 3,683,201 shares of the industrial products company's stock valued at $427,325,000 after purchasing an additional 691,618 shares during the last quarter. Hedge funds and other institutional investors own 87.96% of the company's stock.

Xylem Trading Down 0.4 %

Shares of NYSE:XYL opened at $122.77 on Friday. The company 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 company's 50 day moving average is $117.32 and its two-hundred day moving average is $121.47. Xylem Inc. has a 52 week low of $100.47 and a 52 week high of $146.08. The company has a current ratio of 1.76, a quick ratio of 1.33 and a debt-to-equity ratio of 0.19.

Xylem (NYSE:XYL - Get Free Report) last announced its quarterly earnings results on Tuesday, April 29th. The industrial products company reported $1.03 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.95 by $0.08. Xylem had a return on equity of 9.96% and a net margin of 10.40%. The company had revenue of $2.07 billion during the quarter, compared to the consensus estimate of $2.04 billion. During the same period in the previous year, the business earned $0.90 EPS. Xylem's revenue for the quarter was up 1.8% on a year-over-year basis. Equities analysts predict that Xylem Inc. will post 4.65 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on XYL. Stifel Nicolaus raised their price target on Xylem from $140.00 to $141.00 and gave the stock a "buy" rating in a research report on Wednesday, April 30th. Royal Bank of Canada lifted their target price on Xylem from $143.00 to $147.00 and gave the company an "outperform" rating in a research report on Wednesday, April 30th. Robert W. Baird reduced their price target on shares of Xylem from $149.00 to $146.00 and set an "outperform" rating on the stock in a research report on Wednesday, April 30th. Finally, Citigroup dropped their price objective on shares of Xylem from $152.00 to $134.00 and set a "buy" rating for the company in a report on Monday, April 14th. Two research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $146.88.

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.

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