November 28, 2016 - By Marie Mckinney
Xylem (NYSE:XYL)‘s “Outperform” rating is no longer valid. research professionals at Boenning & Scattergood decreased Xylem (NYSE:XYL)‘s rating to a “Neutral”.
Out of 13 analysts covering Xylem (NYSE:XYL), 8 rate it a “Buy”, 0 “Sell”, while 5 “Hold”. This means 62% are positive. $50 is the highest target while $30 is the lowest. The $42.10 average target is -19.02% below today’s ($51.99) stock price. Xylem has been the topic of 25 analyst reports since August 3, 2015 according to StockzIntelligence Inc. The stock of Xylem Inc (NYSE:XYL) has “Buy” rating given on Thursday, September 3 by Stifel Nicolaus. Canaccord Genuity maintained the stock with “Hold” rating in Tuesday, August 16 report. The stock of Xylem Inc (NYSE:XYL) has “Buy” rating given on Thursday, November 17 by Northcoast. Cowen & Co maintained Xylem Inc (NYSE:XYL) rating on Thursday, September 3. Cowen & Co has “Outperform” rating and $44 price target. Barclays Capital maintained Xylem Inc (NYSE:XYL) rating on Monday, July 18. Barclays Capital has “Equalweight” rating and $45 price target. The rating was downgraded by Wedbush to “Neutral” on Monday, April 11. Oppenheimer maintained Xylem Inc (NYSE:XYL) rating on Monday, September 28. Oppenheimer has “Outperform” rating and $38 price target. On Monday, November 2 the stock rating was maintained by Barclays Capital with “Equal Weight”. The firm has “Buy” rating given on Tuesday, April 5 by Sterne Agee CRT. The stock of Xylem Inc (NYSE:XYL) earned “Outperform” rating by RBC Capital Markets on Wednesday, January 6.
About 730,482 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 earnings per share, up 10.00% or $0.06 from last year’s $0.6 per share. XYL’s profit will be $118.44 million for 19.69 P/E if the $0.66 EPS becomes a reality. After $0.54 actual earnings per share reported by Xylem Inc for the previous quarter, Wall Street now forecasts 22.22% EPS growth.
Insitutional Activity: The institutional sentiment decreased to 1 in 2016 Q2. Its down 0.08, from 1.08 in 2016Q1. The ratio fall, as 29 funds sold all Xylem Inc shares owned while 166 reduced positions. 57 funds bought stakes while 153 increased positions. They now own 147.36 million shares or 2.42% less from 151.02 million shares in 2016Q1.
Bank & Trust Of Hawaii holds 5,535 shares or 0.03% of its portfolio. The Netherlands-based Shell Asset has invested 0.01% in Xylem Inc (NYSE:XYL). Trillium Asset Management Limited Liability Corporation has 389,072 shares for 1.15% of their US portfolio. Gsa Prtnrs Ltd Liability Partnership last reported 0.01% of its portfolio in the stock. Mycio Wealth Ltd accumulated 0% or 200 shares. First Mercantile holds 0.04% or 7,720 shares in its portfolio. Swiss Bank accumulated 0.04% or 500,422 shares. Page Arthur B last reported 0.56% of its portfolio in the stock. Schwab Charles Inv Management last reported 0.04% of its portfolio in the stock. Kanawha Cap Management Limited Liability Corporation accumulated 0.24% or 31,850 shares. Aberdeen Asset Management Public Limited Co Uk holds 32,264 shares or 0.01% of its portfolio. Mutual Of America Mngmt has 20,917 shares for 0.02% of their US portfolio. Teacher Retirement Systems Of Texas, a Texas-based fund reported 781,005 shares. Cipher Cap L P holds 0.47% of its portfolio in Xylem Inc (NYSE:XYL) for 150,129 shares. Nbt Bancorporation N A Ny holds 0.08% or 9,762 shares in its portfolio.
Insider Transactions: Since June 1, 2016, the stock had 0 insider purchases, and 5 insider sales for $5.25 million net activity. 32,246 shares were sold by LORANGER STEVEN R, worth $1.55M on Thursday, July 28. $250,554 worth of Xylem Inc (NYSE:XYL) was sold by Toussaint Claudia S on Friday, November 4. On Wednesday, August 17 the insider Brannemo Tomas sold $426,746. 27,473 shares with value of $1.40 million were sold by Sabol Colin R on Wednesday, September 7.
Xylem Inc. is engaged in the design, manufacturing, and application of engineered technologies for the water industry. The company has a market cap of $9.33 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 28.86 P/E ratio. The Firm has two business divisions, which include Water Infrastructure and Applied Water (usage).
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.”
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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