Xylem Inc (XYL) Shares Sold by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC cut its holdings in shares of Xylem Inc (NYSE:XYL) by 17.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 42,576 shares of the industrial products company’s stock after selling 8,900 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Xylem were worth $2,904,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Federated Investors Inc. PA boosted its holdings in Xylem by 5.8% during the 2nd quarter. Federated Investors Inc. PA now owns 3,286 shares of the industrial products company’s stock valued at $182,000 after acquiring an additional 181 shares during the period. CIBC World Markets Inc. purchased a new position in Xylem during the 2nd quarter valued at about $340,000. Wells Fargo & Company MN boosted its holdings in Xylem by 8.4% during the 2nd quarter. Wells Fargo & Company MN now owns 182,960 shares of the industrial products company’s stock valued at $10,141,000 after acquiring an additional 14,203 shares during the period. TIAA CREF Investment Management LLC boosted its holdings in Xylem by 3.0% during the 2nd quarter. TIAA CREF Investment Management LLC now owns 395,004 shares of the industrial products company’s stock valued at $21,895,000 after acquiring an additional 11,336 shares during the period. Finally, Thrivent Financial For Lutherans boosted its holdings in Xylem by 63.0% during the 2nd quarter. Thrivent Financial For Lutherans now owns 118,249 shares of the industrial products company’s stock valued at $6,554,000 after acquiring an additional 45,689 shares during the period. Institutional investors and hedge funds own 85.27% of the company’s stock.

Shares of Xylem Inc (NYSE XYL) opened at $71.11 on Friday. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.76 and a quick ratio of 1.26. The stock has a market capitalization of $12,755.19, a PE ratio of 41.34, a price-to-earnings-growth ratio of 1.68 and a beta of 1.18. Xylem Inc has a 12-month low of $46.67 and a 12-month high of $71.49.

Xylem (NYSE:XYL) last posted its quarterly earnings results on Tuesday, October 31st. The industrial products company reported $0.65 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.64 by $0.01. The company had revenue of $1.20 billion for the quarter, compared to analyst estimates of $1.18 billion. Xylem had a return on equity of 17.74% and a net margin of 6.85%. Xylem’s revenue for the quarter was up 33.2% compared to the same quarter last year. During the same quarter last year, the company earned $0.54 EPS. equities research analysts expect that Xylem Inc will post 2.39 earnings per share for the current fiscal year.

In other Xylem news, Director Steven R. Loranger sold 17,139 shares of the stock in a transaction dated Wednesday, December 20th. The stock was sold at an average price of $68.10, for a total value of $1,167,165.90. Following the sale, the director now owns 26,150 shares of the company’s stock, valued at approximately $1,780,815. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Tomas Brannemo sold 2,260 shares of the stock in a transaction dated Tuesday, December 19th. The shares were sold at an average price of $67.75, for a total value of $153,115.00. Following the completion of the sale, the insider now directly owns 10,975 shares in the company, valued at approximately $743,556.25. The disclosure for this sale can be found here. Insiders sold a total of 150,777 shares of company stock worth $10,097,757 in the last ninety days. 0.75% of the stock is owned by corporate insiders.

A number of equities analysts recently commented on the company. Royal Bank of Canada restated a “buy” rating and set a $80.00 target price on shares of Xylem in a report on Thursday, January 4th. Seaport Global Securities restated a “buy” rating on shares of Xylem in a report on Wednesday, November 1st. Cowen restated a “buy” rating and set a $70.00 target price on shares of Xylem in a report on Thursday, September 21st. Robert W. Baird restated a “hold” rating and set a $67.00 target price on shares of Xylem in a report on Wednesday, October 4th. Finally, Canaccord Genuity restated a “hold” rating and set a $65.00 target price on shares of Xylem in a report on Wednesday, November 1st. Seven analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus price target of $65.92.

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Xylem Profile

Xylem Inc is a water technology company. The Company designs, manufactures and services engineered solutions across a range of critical applications. It is an equipment and service provider for water and wastewater applications with a portfolio of products and services addressing the cycle of water, from collection, distribution and use to the return of water to the environment.

Institutional Ownership by Quarter for Xylem (NYSE:XYL)

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