Xylem Inc. (NYSE:XYL) Shares Bought by FORA Capital LLC

FORA Capital LLC lifted its stake in shares of Xylem Inc. (NYSE:XYL - Free Report) by 84.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 29,901 shares of the industrial products company's stock after purchasing an additional 13,650 shares during the period. FORA Capital LLC's holdings in Xylem were worth $3,469,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Lee Danner & Bass Inc. purchased a new stake in shares of Xylem during the fourth quarter worth about $30,000. Rialto Wealth Management LLC purchased a new stake in shares of Xylem during the fourth quarter worth about $31,000. Heck Capital Advisors LLC purchased a new stake in shares of Xylem during the fourth quarter worth about $36,000. Pathway Financial Advisers LLC increased its stake in shares of Xylem by 122.4% during the fourth quarter. Pathway Financial Advisers LLC now owns 318 shares of the industrial products company's stock worth $37,000 after purchasing an additional 175 shares in the last quarter. Finally, SRS Capital Advisors Inc. increased its stake in shares of Xylem by 69.5% during the fourth quarter. SRS Capital Advisors Inc. now owns 317 shares of the industrial products company's stock worth $37,000 after purchasing an additional 130 shares in the last quarter. Hedge funds and other institutional investors own 87.96% of the company's stock.

Analyst Ratings Changes

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

Xylem Trading Down 0.2%

Shares of XYL stock traded down $0.25 during trading hours on Tuesday, hitting $127.00. The company had a trading volume of 603,563 shares, compared to its average volume of 1,419,992. The company's fifty day moving average is $117.27 and its 200 day moving average is $121.39. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.76 and a quick ratio of 1.33. Xylem Inc. has a fifty-two week low of $100.47 and a fifty-two week high of $146.08. The stock has a market capitalization of $30.91 billion, a PE ratio of 34.70, a price-to-earnings-growth ratio of 2.33 and a beta of 1.10.

Xylem (NYSE:XYL - Get Free Report) last issued its quarterly earnings data on Tuesday, April 29th. The industrial products company reported $1.03 EPS for the quarter, topping 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 firm had revenue of $2.07 billion for the quarter, compared to analyst estimates of $2.04 billion. During the same period in the prior year, the business posted $0.90 EPS. The business's revenue for the quarter was up 1.8% compared to the same quarter last year. Research analysts expect that Xylem Inc. will post 4.65 earnings per share for the current fiscal year.

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.