Xylem Inc (NYSE:XYL) Holdings Lessened by Triodos Investment Management BV

Triodos Investment Management BV trimmed its holdings in shares of Xylem Inc (NYSE:XYL) by 18.2% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 241,000 shares of the industrial products company’s stock after selling 53,750 shares during the quarter. Xylem accounts for approximately 4.7% of Triodos Investment Management BV’s holdings, making the stock its 7th biggest holding. Triodos Investment Management BV owned approximately 0.13% of Xylem worth $20,157,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in XYL. BlackRock Inc. grew its position in Xylem by 3.6% during the first quarter. BlackRock Inc. now owns 14,986,762 shares of the industrial products company’s stock valued at $1,184,554,000 after buying an additional 516,715 shares during the period. Wells Fargo & Company MN grew its holdings in Xylem by 33.5% during the 1st quarter. Wells Fargo & Company MN now owns 956,463 shares of the industrial products company’s stock worth $75,598,000 after acquiring an additional 239,822 shares in the last quarter. Scout Investments Inc. grew its holdings in Xylem by 65.6% during the 1st quarter. Scout Investments Inc. now owns 596,193 shares of the industrial products company’s stock worth $47,123,000 after acquiring an additional 236,136 shares in the last quarter. Citigroup Inc. boosted its holdings in shares of Xylem by 132.3% in the 1st quarter. Citigroup Inc. now owns 363,354 shares of the industrial products company’s stock valued at $28,719,000 after buying an additional 206,945 shares in the last quarter. Finally, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp boosted its holdings in shares of Xylem by 40.2% in the 1st quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 586,657 shares of the industrial products company’s stock valued at $46,369,000 after buying an additional 168,280 shares in the last quarter. Hedge funds and other institutional investors own 85.35% of the company’s stock.

Several research analysts have recently issued reports on the stock. ValuEngine cut shares of Xylem from a “buy” rating to a “hold” rating in a report on Thursday, August 1st. Stifel Nicolaus lowered their target price on shares of Xylem from $93.00 to $89.00 and set a “buy” rating for the company in a report on Friday, May 3rd. Credit Suisse Group cut shares of Xylem from an “outperform” rating to a “neutral” rating in a report on Friday, August 2nd. Zacks Investment Research upgraded shares of Xylem from a “sell” rating to a “hold” rating in a report on Saturday, April 13th. Finally, Cowen cut shares of Xylem from an “outperform” rating to a “market perform” rating and lowered their target price for the company from $75.00 to $72.00 in a report on Tuesday, May 14th. One analyst has rated the stock with a sell rating, five have issued a hold rating and eight have assigned a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus target price of $79.69.

In other news, SVP Claudia S. Toussaint sold 2,344 shares of the stock in a transaction dated Wednesday, June 5th. The shares were sold at an average price of $78.53, for a total transaction of $184,074.32. Following the transaction, the senior vice president now directly owns 43,761 shares in the company, valued at approximately $3,436,551.33. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Kenneth Napolitano sold 5,000 shares of the stock in a transaction dated Monday, June 3rd. The stock was sold at an average price of $75.13, for a total transaction of $375,650.00. Following the transaction, the insider now owns 46,228 shares in the company, valued at $3,473,109.64. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 30,371 shares of company stock worth $2,424,707. Insiders own 0.85% of the company’s stock.

XYL stock traded down $0.39 on Friday, hitting $76.82. The company’s stock had a trading volume of 759,918 shares, compared to its average volume of 774,605. The firm’s 50 day simple moving average is $81.04. Xylem Inc has a 1 year low of $60.65 and a 1 year high of $85.39. The stock has a market capitalization of $13.69 billion, a PE ratio of 26.67, a price-to-earnings-growth ratio of 1.46 and a beta of 1.19. The company has a current ratio of 1.47, a quick ratio of 1.08 and a debt-to-equity ratio of 0.71.

Xylem (NYSE:XYL) last released its quarterly earnings results on Thursday, August 1st. The industrial products company reported $0.79 EPS for the quarter, meeting the consensus estimate of $0.79. Xylem had a net margin of 10.90% and a return on equity of 19.23%. The firm had revenue of $1.35 billion during the quarter, compared to the consensus estimate of $1.35 billion. During the same quarter in the prior year, the firm earned $0.73 EPS. Xylem’s revenue for the quarter was up 2.1% on a year-over-year basis. Analysts predict that Xylem Inc will post 3.17 earnings per share for the current fiscal year.

About Xylem

Xylem Inc engages in the design, manufacture, and servicing of engineered products and solutions for the water and wastewater applications. It operates in three segments: Water Infrastructure, Applied Water, and Measurement & Control Solutions. The Water Infrastructure segment offers various products, including water and wastewater pumps; controls and systems; filtration, disinfection, and biological treatment equipment; and mobile dewatering equipment under the Flygt, Godwin, Wedeco, Sanitaire, and Leopold names for the transportation and treatment of water.

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Institutional Ownership by Quarter for Xylem (NYSE:XYL)

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