Holocene Advisors LP Has $36.54 Million Stock Holdings in Xylem Inc. (NYSE:XYL)

Holocene Advisors LP grew its position in Xylem Inc. (NYSE:XYL - Free Report) by 4.3% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 270,610 shares of the industrial products company's stock after purchasing an additional 11,042 shares during the period. Holocene Advisors LP owned about 0.11% of Xylem worth $36,540,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the company. Benjamin Edwards Inc. acquired a new stake in shares of Xylem during the third quarter worth $1,550,000. Paloma Partners Management Co bought a new position in shares of Xylem in the 3rd quarter valued at about $202,000. FSA Wealth Management LLC bought a new position in shares of Xylem in the 3rd quarter valued at about $131,000. Erste Asset Management GmbH acquired a new stake in shares of Xylem during the 3rd quarter worth about $68,593,000. Finally, Public Sector Pension Investment Board lifted its stake in shares of Xylem by 12.8% during the 3rd quarter. Public Sector Pension Investment Board now owns 10,610 shares of the industrial products company's stock worth $1,433,000 after buying an additional 1,200 shares during the last quarter. 87.96% of the stock is currently owned by institutional investors and hedge funds.

Xylem Trading Up 0.7 %

Shares of NYSE:XYL traded up $0.84 during trading on Tuesday, reaching $127.85. The stock had a trading volume of 658,813 shares, compared to its average volume of 1,635,206. The firm's fifty day moving average is $129.22 and its 200 day moving average is $133.54. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.42 and a current ratio of 1.96. Xylem Inc. has a 52 week low of $104.95 and a 52 week high of $146.08. The stock has a market cap of $31.06 billion, a price-to-earnings ratio of 37.38, a P/E/G ratio of 2.34 and a beta of 1.05.

Xylem (NYSE:XYL - Get Free Report) last posted its quarterly earnings data on Thursday, October 31st. The industrial products company reported $1.11 EPS for the quarter, meeting analysts' consensus estimates of $1.11. Xylem had a net margin of 9.85% and a return on equity of 9.61%. The company had revenue of $2.10 billion for the quarter, compared to analyst estimates of $2.17 billion. During the same period in the prior year, the firm posted $0.99 EPS. The company's quarterly revenue was up .2% on a year-over-year basis. As a group, equities analysts forecast that Xylem Inc. will post 4.23 EPS for the current fiscal year.

Xylem Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 24th. Investors of record on Tuesday, November 26th will be given a dividend of $0.36 per share. The ex-dividend date of this dividend is Tuesday, November 26th. This represents a $1.44 dividend on an annualized basis and a dividend yield of 1.13%. Xylem's payout ratio is presently 42.11%.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on XYL. Royal Bank of Canada dropped their target price on shares of Xylem from $163.00 to $162.00 and set an "outperform" rating for the company in a research report on Friday, November 1st. Robert W. Baird dropped their target price on shares of Xylem from $175.00 to $154.00 and set an "outperform" rating for the company in a research report on Friday, November 1st. UBS Group initiated coverage on shares of Xylem in a research report on Tuesday, August 13th. They issued a "buy" rating and a $165.00 target price for the company. Finally, TD Cowen decreased their price target on shares of Xylem from $138.00 to $125.00 and set a "hold" rating on the stock in a report on Wednesday, November 6th. Four equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $149.64.

About Xylem

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.