International Assets Investment Management LLC Increases Stock Position in Xylem Inc. (NYSE:XYL)

International Assets Investment Management LLC grew its position in shares of Xylem Inc. (NYSE:XYL) by 10,296.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 63,004 shares of the industrial products company’s stock after purchasing an additional 62,398 shares during the period. International Assets Investment Management LLC’s holdings in Xylem were worth $7,205,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in XYL. Bleakley Financial Group LLC increased its stake in Xylem by 3.9% in the 4th quarter. Bleakley Financial Group LLC now owns 3,952 shares of the industrial products company’s stock worth $452,000 after acquiring an additional 150 shares during the last quarter. Ceredex Value Advisors LLC raised its stake in Xylem by 7.9% during the fourth quarter. Ceredex Value Advisors LLC now owns 809,304 shares of the industrial products company’s stock valued at $92,552,000 after purchasing an additional 59,194 shares in the last quarter. Nisa Investment Advisors LLC lifted its position in Xylem by 0.6% during the fourth quarter. Nisa Investment Advisors LLC now owns 63,448 shares of the industrial products company’s stock valued at $7,256,000 after purchasing an additional 387 shares during the last quarter. Arlington Trust Co LLC grew its stake in shares of Xylem by 58.6% in the 4th quarter. Arlington Trust Co LLC now owns 3,000 shares of the industrial products company’s stock worth $343,000 after buying an additional 1,109 shares in the last quarter. Finally, DekaBank Deutsche Girozentrale increased its holdings in shares of Xylem by 5.2% in the 4th quarter. DekaBank Deutsche Girozentrale now owns 1,739,221 shares of the industrial products company’s stock worth $197,800,000 after buying an additional 85,438 shares during the last quarter. 87.96% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several research firms recently commented on XYL. Robert W. Baird lifted their price target on Xylem from $151.00 to $155.00 and gave the stock an “outperform” rating in a research report on Friday. Stifel Nicolaus increased their price target on Xylem from $136.00 to $150.00 and gave the company a “buy” rating in a report on Wednesday, February 7th. Citigroup lifted their price objective on shares of Xylem from $126.00 to $139.00 and gave the stock a “neutral” rating in a research note on Monday, April 8th. BNP Paribas initiated coverage on shares of Xylem in a research note on Tuesday, March 12th. They issued an “outperform” rating and a $150.00 target price on the stock. Finally, Royal Bank of Canada raised their target price on shares of Xylem from $157.00 to $162.00 and gave the stock an “outperform” rating in a report on Friday. Five equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to MarketBeat.com, Xylem presently has an average rating of “Moderate Buy” and a consensus price target of $140.70.

Xylem Price Performance

Shares of XYL stock opened at $139.21 on Tuesday. The company has a market capitalization of $33.75 billion, a P/E ratio of 49.54, a P/E/G ratio of 2.67 and a beta of 1.08. The company’s 50-day simple moving average is $128.91 and its two-hundred day simple moving average is $115.87. Xylem Inc. has a one year low of $87.59 and a one year high of $139.21. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.67 and a quick ratio of 1.22.

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

Insider Activity

In related news, SVP Franz Cerwinka sold 2,408 shares of the company’s 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 sale, the senior vice president now directly owns 11,750 shares of the company’s stock, valued at $1,431,032.50. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In related news, SVP Franz Cerwinka sold 2,408 shares of Xylem stock in a transaction that occurred on Thursday, February 8th. The shares were sold at an average price of $121.79, for a total transaction of $293,270.32. Following the transaction, the senior vice president now directly owns 11,750 shares of the company’s stock, valued at $1,431,032.50. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CAO Geri-Michelle Mcshane sold 1,000 shares of the company’s stock in a transaction on Tuesday, February 20th. The stock was 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 disclosure for this sale can be found here. Insiders own 0.27% of the company’s stock.

Xylem Company Profile

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.