Xylem Inc (XYL) : Pensionfund Dsm Netherlands added new position in Xylem Inc during the most recent quarter end. The investment management firm now holds 70,000 shares of Xylem Inc which is valued at $3,479,000 , the company said in a statement filed on Oct 12, 2016 with the SEC.Xylem Inc makes up approximately 0.48% of Pensionfund Dsm Netherlands’s portfolio.
Other Hedge Funds, Including , Capstone Asset Management Co boosted its stake in XYL in the latest quarter, The investment management firm added 980 additional shares and now holds a total of 14,939 shares of Xylem Inc which is valued at $742,468. Xylem Inc makes up approx 0.02% of Capstone Asset Management Co’s portfolio. Dorsey Wright Associates added XYL to its portfolio by purchasing 25,832 company shares during the most recent quarter which is valued at $1,301,416. Xylem Inc makes up approx 0.66% of Dorsey Wright Associates’s portfolio.Oregon Public Employees Retirement Fund boosted its stake in XYL in the latest quarter, The investment management firm added 1,637 additional shares and now holds a total of 40,091 shares of Xylem Inc which is valued at $2,019,785. Xylem Inc makes up approx 0.04% of Oregon Public Employees Retirement Fund’s portfolio.Chevy Chase Trust Holdings reduced its stake in XYL by selling 3,300 shares or 2.16% in the most recent quarter. The Hedge Fund company now holds 149,645 shares of XYL which is valued at $7,774,058. Xylem Inc makes up approx 0.04% of Chevy Chase Trust Holdings’s portfolio.Bnp Paribas Arbitrage Sa reduced its stake in XYL by selling 68,114 shares or 19.52% in the most recent quarter. The Hedge Fund company now holds 280,824 shares of XYL which is valued at $14,588,807. Xylem Inc makes up approx 0.06% of Bnp Paribas Arbitrage Sa’s portfolio.
Xylem Inc closed down -0.68 points or -1.35% at $49.7 with 10,23,250 shares getting traded on Tuesday. Post opening the session at $50.35, the shares hit an intraday low of $49.425 and an intraday high of $50.37 and the price fluctuated in this range throughout the day.Shares ended Tuesday session in Red.
On the company’s financial health, Xylem Inc reported $0.48 EPS for the quarter, beating the analyst consensus estimate by $ 0.01 according to the earnings call on Aug 2, 2016. Analyst had a consensus of $0.47. The company had revenue of $932.00 million for the quarter, compared to analysts expectations of $928.42 million. The company’s revenue was up 1.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.43 EPS.
Many Wall Street Analysts have commented on Xylem Inc. Company shares were Reiterated by RBC Capital Mkts on Aug 16, 2016 to “Outperform”, Firm has raised the Price Target to $ 51 from a previous price target of $47 .
Xylem Inc. is engaged in the design manufacturing and application of engineered technologies for the water industry. The Company 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. The Company is an equipment and service provider in various application areas of the water equipment industry: transport treatment test building services industrial processing and irrigation. The Company’s water market brands such as Bell & Gossett and Flygt. The Company sells its products in more than 150 countries through a distribution network consisting of direct sales force and independent channel partners. The Company has two business segments: Water Infrastructure (collection distribution and return) and Applied Water (usage).