Aperio Group LLC Boosts Stake in Xylem Inc. (XYL)

Aperio Group LLC increased its stake in Xylem Inc. (NYSE:XYL) by 11.0% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 185,073 shares of the industrial products company’s stock after buying an additional 18,369 shares during the period. Aperio Group LLC owned 0.10% of Xylem worth $10,259,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Rockefeller Financial Services Inc. increased its stake in shares of Xylem by 4.7% in the second quarter. Rockefeller Financial Services Inc. now owns 22,115 shares of the industrial products company’s stock worth $1,226,000 after buying an additional 1,000 shares during the last quarter. Louisiana State Employees Retirement System increased its stake in shares of Xylem by 0.9% in the second quarter. Louisiana State Employees Retirement System now owns 11,100 shares of the industrial products company’s stock worth $615,000 after buying an additional 100 shares during the last quarter. Mountain Pacific Investment Advisers Inc. ID increased its stake in shares of Xylem by 2.0% in the second quarter. Mountain Pacific Investment Advisers Inc. ID now owns 436,281 shares of the industrial products company’s stock worth $24,183,000 after buying an additional 8,485 shares during the last quarter. Nisa Investment Advisors LLC increased its stake in shares of Xylem by 1.6% in the second quarter. Nisa Investment Advisors LLC now owns 51,676 shares of the industrial products company’s stock worth $2,825,000 after buying an additional 800 shares during the last quarter. Finally, LS Investment Advisors LLC increased its stake in shares of Xylem by 6.7% in the second quarter. LS Investment Advisors LLC now owns 9,831 shares of the industrial products company’s stock worth $545,000 after buying an additional 614 shares during the last quarter. 86.41% of the stock is owned by institutional investors and hedge funds.

Xylem Inc. (XYL) opened at 59.12 on Friday. The company has a 50-day moving average of $56.81 and a 200 day moving average of $51.96. Xylem Inc. has a 12 month low of $45.60 and a 12 month high of $60.71. The stock has a market capitalization of $10.62 billion, a price-to-earnings ratio of 38.17 and a beta of 1.18.

Xylem (NYSE:XYL) last announced its earnings results on Tuesday, August 1st. The industrial products company reported $0.59 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.57 by $0.02. The company had revenue of $1.16 billion during the quarter, compared to analyst estimates of $1.17 billion. Xylem had a net margin of 7.08% and a return on equity of 16.02%. Xylem’s revenue was up 24.9% compared to the same quarter last year. During the same quarter last year, the firm posted $0.48 earnings per share. On average, equities research analysts anticipate that Xylem Inc. will post $2.37 earnings per share for the current fiscal year.

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Several analysts have recently commented on XYL shares. CIBC restated a “buy” rating on shares of Xylem in a research note on Wednesday, May 10th. Oppenheimer Holdings, Inc. restated a “buy” rating on shares of Xylem in a research note on Tuesday, May 9th. Zacks Investment Research upgraded Xylem from a “hold” rating to a “buy” rating and set a $62.00 price target for the company in a research note on Tuesday, July 4th. BidaskClub upgraded Xylem from a “hold” rating to a “buy” rating in a research note on Wednesday, June 28th. Finally, Boenning Scattergood reiterated a “buy” rating and set a $55.00 price target on shares of Xylem in a research note on Wednesday, June 7th. Five equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. The stock has a consensus rating of “Buy” and an average price target of $59.00.

In other news, insider Kenneth Napolitano sold 9,052 shares of the firm’s stock in a transaction that occurred on Wednesday, August 9th. The shares were sold at an average price of $60.16, for a total value of $544,568.32. Following the completion of the transaction, the insider now owns 35,303 shares of the company’s stock, valued at $2,123,828.48. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Steven R. Loranger sold 66,132 shares of the firm’s stock in a transaction that occurred on Thursday, June 29th. The shares were sold at an average price of $55.01, for a total transaction of $3,637,921.32. Following the completion of the transaction, the director now directly owns 65,030 shares of the company’s stock, valued at approximately $3,577,300.30. The disclosure for this sale can be found here. Company insiders own 0.75% of the company’s stock.

Xylem Company Profile

Xylem Inc is a water technology company. The Company designs, manufactures and services engineered solutions across a range of critical applications. It is an equipment and service provider for water and wastewater applications with a portfolio of products and services addressing the cycle of water, from collection, distribution and use to the return of water to the environment.

Institutional Ownership by Quarter for Xylem (NYSE:XYL)

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