Headlands Technologies LLC Has $36,000 Stock Holdings in Xylem Inc. (NYSE:XYL)

Headlands Technologies LLC boosted its holdings in shares of Xylem Inc. (NYSE:XYL) by 90.6% in the first quarter, according to its most recent filing with the SEC. The firm owned 305 shares of the industrial products company’s stock after acquiring an additional 145 shares during the period. Headlands Technologies LLC’s holdings in Xylem were worth $36,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of XYL. Northern Trust Corp grew its holdings in Xylem by 42.0% during the fourth quarter. Northern Trust Corp now owns 3,268,433 shares of the industrial products company’s stock valued at $379,204,000 after purchasing an additional 966,399 shares during the period. OVERSEA CHINESE BANKING Corp Ltd grew its holdings in Xylem by 390.5% during the first quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 1,021,337 shares of the industrial products company’s stock valued at $122,009,000 after purchasing an additional 813,100 shares during the period. Vaughan Nelson Investment Management L.P. acquired a new position in Xylem during the first quarter valued at approximately $89,828,000. Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in Xylem during the fourth quarter valued at approximately $83,139,000. Finally, GAMMA Investing LLC grew its holdings in Xylem by 15,322.5% during the first quarter. GAMMA Investing LLC now owns 506,630 shares of the industrial products company’s stock valued at $60,522,000 after purchasing an additional 503,345 shares during the period. Institutional investors and hedge funds own 87.96% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on XYL shares. Stifel Nicolaus boosted their price objective on shares of Xylem from $162.00 to $175.00 and gave the company a “buy” rating in a report on Friday, August 1st. UBS Group boosted their price objective on shares of Xylem from $164.00 to $168.00 and gave the company a “buy” rating in a report on Tuesday, August 5th. Raymond James Financial upgraded shares of Xylem to a “hold” rating in a report on Thursday, May 15th. Wall Street Zen upgraded shares of Xylem from a “hold” rating to a “buy” rating in a report on Saturday, August 9th. Finally, JPMorgan Chase & Co. started coverage on shares of Xylem in a report on Friday, May 30th. They issued an “overweight” rating and a $148.00 price target for the company. Three investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat.com, Xylem presently has a consensus rating of “Moderate Buy” and an average target price of $151.57.

Xylem Stock Up 0.1%

Xylem stock opened at $143.58 on Thursday. The stock has a market capitalization of $34.95 billion, a PE ratio of 37.29, a price-to-earnings-growth ratio of 2.49 and a beta of 1.11. Xylem Inc. has a twelve month low of $100.47 and a twelve month high of $145.33. The company has a quick ratio of 1.43, a current ratio of 1.90 and a debt-to-equity ratio of 0.17. The company has a 50 day moving average of $132.23 and a 200-day moving average of $125.57.

Xylem (NYSE:XYL) last announced its earnings results on Thursday, July 31st. The industrial products company reported $1.26 EPS for the quarter, topping the consensus estimate of $1.15 by $0.11. Xylem had a net margin of 10.74% and a return on equity of 10.33%. The business had revenue of $2.30 billion during the quarter, compared to analysts’ expectations of $2.20 billion. During the same quarter in the prior year, the company posted $1.09 earnings per share. The firm’s revenue was up 6.1% on a year-over-year basis. On average, equities research analysts anticipate that Xylem Inc. will post 4.65 EPS for the current fiscal 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.