November 28, 2016 - By Vivian Park · 0 Comments
Xylem Inc (NYSE:XYL) institutional sentiment decreased to 1 in Q2 2016. Its down -0.08, from 1.08 in 2016Q1. The ratio has worsened, as 210 funds increased or opened new equity positions, while 195 cut down and sold their equity positions in Xylem Inc. The funds in our partner’s database now have: 147.36 million shares, down from 151.02 million shares in 2016Q1. Also, the number of funds holding Xylem Inc in their top 10 equity positions decreased from 11 to 8 for a decrease of 3. Sold All: 29 Reduced: 166 Increased: 153 New Position: 57.
Xylem Inc. is engaged in the design, manufacturing, and application of engineered technologies for the water industry. The company has a market cap of $9.34 billion. The Firm is an equipment and service well-known provider for water and wastewater applications with a portfolio of services and products addressing the cycle of water, from collection, distribution and use to the return of water to the environment. It has a 28.89 P/E ratio. The Firm has two business divisions, which include Water Infrastructure and Applied Water (usage).
About 679,584 shares traded hands. Xylem Inc (NYSE:XYL) has risen 25.37% since April 25, 2016 and is uptrending. It has outperformed by 19.36% the S&P500.
Analysts await Xylem Inc (NYSE:XYL) to report earnings on February, 2. They expect $0.66 EPS, up 10.00% or $0.06 from last year’s $0.6 per share. XYL’s profit will be $118.41M for 19.72 P/E if the $0.66 EPS becomes a reality. After $0.54 actual EPS reported by Xylem Inc for the previous quarter, Wall Street now forecasts 22.22% EPS growth.
According to Zacks Investment Research, “Xylem Inc. provides water technology solutions, water and wastewater treatment solutions and industrial pumps and related technologies. The company provides products for transportation, treatment, and testing applications to public utilities and industrial facilities. It offers a range of pumps, and valves, heat exchangers, waste systems, and membrane filtration products. Xylem Inc. is headquartered in White Plains, N.Y.”
Robecosam Usa Inc. holds 7.17% of its portfolio in Xylem Inc for 128,979 shares. Water Asset Management Llc owns 153,382 shares or 6.29% of their US portfolio. Moreover, Impax Asset Management Ltd has 5.1% invested in the company for 2.30 million shares. The New Jersey-based Tsp Capital Management Group Llc has invested 5.02% in the stock. Electron Capital Partners Llc, a New York-based fund reported 399,726 shares.#img1#
Insider Transactions: Since January 1, 0001, the stock had 0 buys, and 5 selling transactions for $5.25 million net activity.
Ratings analysis reveals 62% of Xylem’s analysts are positive. Out of 13 Wall Street analysts rating Xylem, 8 give it “Buy”, 0 “Sell” rating, while 5 recommend “Hold”. The lowest target is $30 while the high is $50. The stock’s average target of $42.10 is -19.12% below today’s ($52.05) share price. XYL was included in 25 notes of analysts from August 3, 2015. Atlantic Securities upgraded the shares of XYL in a report on Monday, August 22 to “Overweight” rating. The rating was upgraded by Seaport Global on Thursday, January 21 to “Buy”. As per Friday, February 19, the company rating was initiated by Janney Capital. The firm has “Hold” rating given on Wednesday, November 2 by Stifel Nicolaus. The rating was upgraded by Janney Capital on Wednesday, November 2 to “Buy”. The firm has “Outperform” rating by RBC Capital Markets given on Wednesday, January 6. Stifel Nicolaus upgraded the stock to “Buy” rating in Thursday, September 3 report. The stock of Xylem Inc (NYSE:XYL) has “Hold” rating given on Tuesday, August 16 by Canaccord Genuity. On Monday, September 28 the stock rating was maintained by Oppenheimer with “Outperform”. The company was upgraded on Tuesday, April 5 by Sterne Agee CRT.
Xylem Inc., incorporated on March 4, 2011, is engaged in the design, manufacturing, and application of engineered technologies for the water industry. The Firm is an equipment and service well-known provider for water and wastewater applications with a portfolio of services and products addressing the cycle of water, from collection, distribution and use to the return of water to the environment. The Firm has two business divisions, which include Water Infrastructure (collection, distribution, return) and Applied Water (usage). The Company’s application in the areas of water equipment industry includes transport, treatment, test, building services, industrial processing and irrigation. The Company’s water market brands include Bell & Gossett, and Flygt. The Firm sells its products in over 150 countries through a distribution network consisting of direct sales force and independent channel partners.
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By Vivian Park