Natixis Advisors L.P. Has $11.98 Million Holdings in Xylem Inc. (NYSE:XYL)

Natixis Advisors L.P. trimmed its holdings in Xylem Inc. (NYSE:XYL) by 6.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 104,759 shares of the industrial products company’s stock after selling 7,633 shares during the period. Natixis Advisors L.P.’s holdings in Xylem were worth $11,980,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Invesco Ltd. grew its holdings in shares of Xylem by 35.1% during the 3rd quarter. Invesco Ltd. now owns 4,182,821 shares of the industrial products company’s stock worth $380,762,000 after purchasing an additional 1,086,102 shares in the last quarter. American Century Companies Inc. increased its holdings in Xylem by 66.8% in the 3rd quarter. American Century Companies Inc. now owns 2,159,710 shares of the industrial products company’s stock valued at $196,598,000 after buying an additional 864,711 shares during the period. AEGON ASSET MANAGEMENT UK Plc acquired a new position in shares of Xylem in the 4th quarter valued at approximately $74,297,000. Morgan Stanley lifted its holdings in shares of Xylem by 11.5% during the 3rd quarter. Morgan Stanley now owns 4,528,905 shares of the industrial products company’s stock worth $412,267,000 after acquiring an additional 466,911 shares during the period. Finally, Robeco Schweiz AG increased its stake in Xylem by 32.8% in the third quarter. Robeco Schweiz AG now owns 1,528,429 shares of the industrial products company’s stock valued at $139,133,000 after acquiring an additional 377,748 shares during the last quarter. 87.96% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several research firms have weighed in on XYL. Royal Bank of Canada upped their target price on Xylem from $157.00 to $162.00 and gave the stock an “outperform” rating in a research note on Friday, May 3rd. Stifel Nicolaus increased their target price on shares of Xylem from $136.00 to $150.00 and gave the stock a “buy” rating in a report on Wednesday, February 7th. Oppenheimer lifted their price target on shares of Xylem from $142.00 to $147.00 and gave the company an “outperform” rating in a report on Friday, May 3rd. Citigroup raised their target price on shares of Xylem from $126.00 to $139.00 and gave the company a “neutral” rating in a research report on Monday, April 8th. Finally, Robert W. Baird upped their price target on shares of Xylem from $151.00 to $155.00 and gave the stock an “outperform” rating in a report on Friday, May 3rd. Five analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $140.70.

Insider Activity

In related news, CAO Geri-Michelle Mcshane sold 1,000 shares of Xylem stock in a transaction that occurred on Tuesday, February 20th. The shares were sold at an average price of $122.89, for a total value of $122,890.00. Following the sale, the chief accounting officer now owns 2,935 shares of the company’s stock, valued at approximately $360,682.15. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In other news, SVP Franz Cerwinka sold 2,408 shares of Xylem stock in a transaction dated Thursday, February 8th. The shares were sold at an average price of $121.79, for a total value of $293,270.32. Following the completion of the transaction, the senior vice president now owns 11,750 shares in the company, valued at $1,431,032.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Geri-Michelle Mcshane sold 1,000 shares of the company’s stock in a transaction that occurred on Tuesday, February 20th. The shares were sold at an average price of $122.89, for a total transaction of $122,890.00. Following the sale, the chief accounting officer now owns 2,935 shares in the company, valued at $360,682.15. The disclosure for this sale can be found here. Insiders own 0.27% of the company’s stock.

Xylem Stock Performance

Shares of Xylem stock opened at $140.03 on Wednesday. The firm has a market capitalization of $33.95 billion, a P/E ratio of 49.83, a price-to-earnings-growth ratio of 2.59 and a beta of 1.08. The company has a current ratio of 1.67, a quick ratio of 1.22 and a debt-to-equity ratio of 0.19. The business’s fifty day simple moving average is $129.20 and its 200 day simple moving average is $116.21. Xylem Inc. has a 12 month low of $87.59 and a 12 month high of $141.25.

Xylem (NYSE:XYL) last issued its quarterly earnings results on Thursday, May 2nd. The industrial products company reported $0.90 earnings per share for the quarter, topping analysts’ consensus estimates of $0.84 by $0.06. Xylem had a net margin of 8.34% and a return on equity of 8.95%. The company had revenue of $2.03 billion for the quarter, compared to the consensus estimate of $2 billion. During the same period in the previous year, the firm earned $0.72 EPS. The firm’s quarterly revenue was up 40.4% on a year-over-year basis. As a group, analysts anticipate that Xylem Inc. will post 4.24 EPS for the current year.

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.