15,000 Shares in Xylem Inc. (NYSE:XYL) Bought by Black Swift Group LLC

Black Swift Group LLC acquired a new position in shares of Xylem Inc. (NYSE:XYL - Free Report) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 15,000 shares of the industrial products company's stock, valued at approximately $2,025,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Swedbank AB purchased a new position in Xylem during the 1st quarter valued at about $311,684,000. LPL Financial LLC raised its position in shares of Xylem by 246.6% in the 2nd quarter. LPL Financial LLC now owns 324,504 shares of the industrial products company's stock valued at $44,012,000 after purchasing an additional 230,878 shares in the last quarter. TCW Group Inc. grew its position in shares of Xylem by 189.2% in the 2nd quarter. TCW Group Inc. now owns 315,400 shares of the industrial products company's stock worth $42,778,000 after acquiring an additional 206,350 shares in the last quarter. Marshall Wace LLP lifted its holdings in shares of Xylem by 433.0% in the 2nd quarter. Marshall Wace LLP now owns 229,082 shares of the industrial products company's stock worth $31,070,000 after purchasing an additional 186,105 shares during the last quarter. Finally, Lord Abbett & CO. LLC acquired a new stake in Xylem in the 1st quarter valued at approximately $23,263,000. 87.96% of the stock is owned by hedge funds and other institutional investors.

Xylem Trading Down 1.7 %

Shares of XYL stock traded down $2.10 during mid-day trading on Thursday, reaching $121.63. The stock had a trading volume of 1,185,788 shares, compared to its average volume of 1,203,606. The company has a current ratio of 1.96, a quick ratio of 1.42 and a debt-to-equity ratio of 0.19. The firm has a market capitalization of $29.55 billion, a PE ratio of 35.74, a price-to-earnings-growth ratio of 2.30 and a beta of 1.05. Xylem Inc. has a 52-week low of $99.90 and a 52-week high of $146.08. The stock's 50-day moving average price is $130.98 and its two-hundred day moving average price is $134.85.

Xylem (NYSE:XYL - Get Free Report) last issued its quarterly earnings results on Thursday, October 31st. The industrial products company reported $1.11 earnings per share for the quarter, hitting the consensus estimate of $1.11. The company had revenue of $2.10 billion for the quarter, compared to analysts' expectations of $2.17 billion. Xylem had a return on equity of 9.61% and a net margin of 9.85%. The firm's revenue for the quarter was up .2% on a year-over-year basis. During the same period in the prior year, the firm earned $0.99 earnings per share. Equities analysts expect that Xylem Inc. will post 4.23 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research analysts have commented on XYL shares. TD Cowen decreased their target price on shares of Xylem from $138.00 to $125.00 and set a "hold" rating for the company in a report on Wednesday, November 6th. Robert W. Baird lowered their price objective on Xylem from $175.00 to $154.00 and set an "outperform" rating on the stock in a research report on Friday, November 1st. Stifel Nicolaus boosted their price target on shares of Xylem from $170.00 to $172.00 and gave the company a "buy" rating in a research report on Wednesday, July 31st. Royal Bank of Canada reduced their price target on shares of Xylem from $163.00 to $162.00 and set an "outperform" rating on the stock in a research report on Friday, November 1st. Finally, UBS Group assumed coverage on Xylem in a research report on Tuesday, August 13th. They set a "buy" rating and a $165.00 target price for the company. Four equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $147.17.

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.