Mercer Global Advisors Inc. ADV Boosts Stock Holdings in Xylem Inc. (NYSE:XYL)

Mercer Global Advisors Inc. ADV raised its position in shares of Xylem Inc. (NYSE:XYL - Free Report) by 50.9% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 31,171 shares of the industrial products company's stock after purchasing an additional 10,514 shares during the quarter. Mercer Global Advisors Inc. ADV's holdings in Xylem were worth $3,616,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in XYL. Dempze Nancy E lifted its holdings in shares of Xylem by 0.3% in the 4th quarter. Dempze Nancy E now owns 25,761 shares of the industrial products company's stock valued at $2,989,000 after buying an additional 88 shares during the period. Townsquare Capital LLC lifted its holdings in shares of Xylem by 0.8% in the 4th quarter. Townsquare Capital LLC now owns 11,074 shares of the industrial products company's stock valued at $1,285,000 after buying an additional 88 shares during the period. Keel Point LLC lifted its holdings in shares of Xylem by 4.1% in the 4th quarter. Keel Point LLC now owns 2,371 shares of the industrial products company's stock valued at $275,000 after buying an additional 93 shares during the period. Clear Creek Financial Management LLC lifted its holdings in shares of Xylem by 4.3% in the 4th quarter. Clear Creek Financial Management LLC now owns 2,315 shares of the industrial products company's stock valued at $269,000 after buying an additional 96 shares during the period. Finally, Bleakley Financial Group LLC lifted its holdings in shares of Xylem by 2.3% in the 4th quarter. Bleakley Financial Group LLC now owns 4,359 shares of the industrial products company's stock valued at $506,000 after buying an additional 96 shares during the period. Hedge funds and other institutional investors own 87.96% of the company's stock.

Xylem Price Performance

NYSE XYL traded down $0.54 during trading hours on Friday, reaching $122.77. The company's stock had a trading volume of 664,817 shares, compared to its average volume of 1,422,682. The firm has a market capitalization of $29.88 billion, a price-to-earnings ratio of 33.54, a P/E/G ratio of 2.33 and a beta of 1.10. Xylem Inc. has a 1-year low of $100.47 and a 1-year high of $146.08. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.76 and a quick ratio of 1.33. The company's 50-day moving average is $117.32 and its two-hundred day moving average is $121.41.

Xylem (NYSE:XYL - Get Free Report) last posted 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 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 analyst estimates of $2.04 billion. During the same period in the previous year, the business earned $0.90 EPS. Xylem's quarterly revenue was up 1.8% on a year-over-year basis. On average, equities analysts predict that Xylem Inc. will post 4.65 EPS for the current year.

Wall Street Analyst Weigh In

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

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.