Jacobi Capital Management LLC decreased its holdings in shares of Xylem Inc (NYSE:XYL) by 91.6% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 48 shares of the industrial products company’s stock after selling 523 shares during the period. Jacobi Capital Management LLC’s holdings in Xylem were worth $41,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in XYL. AXA raised its stake in shares of Xylem by 1.8% in the first quarter. AXA now owns 347,176 shares of the industrial products company’s stock valued at $22,612,000 after acquiring an additional 6,176 shares during the last quarter. FDx Advisors Inc. raised its stake in shares of Xylem by 146.2% in the first quarter. FDx Advisors Inc. now owns 11,305 shares of the industrial products company’s stock valued at $736,000 after acquiring an additional 6,713 shares during the last quarter. Advisor Group Holdings Inc. bought a new position in shares of Xylem in the first quarter valued at approximately $2,737,000. Providence Capital Advisors LLC raised its stake in shares of Xylem by 11.9% in the first quarter. Providence Capital Advisors LLC now owns 37,613 shares of the industrial products company’s stock valued at $2,450,000 after acquiring an additional 4,009 shares during the last quarter. Finally, HighTower Advisors LLC raised its stake in shares of Xylem by 52.1% in the first quarter. HighTower Advisors LLC now owns 70,398 shares of the industrial products company’s stock valued at $4,600,000 after acquiring an additional 24,124 shares during the last quarter. Hedge funds and other institutional investors own 85.88% of the company’s stock.

In other news, SVP Colin R. Sabol sold 2,066 shares of the business’s stock in a transaction on Wednesday, July 15th. The shares were sold at an average price of $75.00, for a total value of $154,950.00. Following the completion of the transaction, the senior vice president now owns 31,185 shares of the company’s stock, valued at approximately $2,338,875. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 1.01% of the stock is owned by insiders.

A number of research analysts have recently issued reports on XYL shares. Robert W. Baird lifted their target price on shares of Xylem from $71.00 to $74.00 and gave the company a “neutral” rating in a research note on Friday, June 19th. TheStreet lowered shares of Xylem from a “b” rating to a “c+” rating in a report on Tuesday, May 5th. Stifel Nicolaus lowered their price target on shares of Xylem from $87.00 to $79.00 and set a “buy” rating for the company in a report on Tuesday, April 21st. Vertical Research raised shares of Xylem from a “sell” rating to a “hold” rating in a report on Friday, May 15th. Finally, Janney Montgomery Scott raised their price target on shares of Xylem from $63.00 to $67.00 and gave the company a “neutral” rating in a report on Wednesday, June 3rd. Three research analysts have rated the stock with a sell rating, fourteen have given a hold rating and three have assigned a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of $70.64.

XYL opened at $73.03 on Friday. The company has a fifty day moving average price of $68.30 and a two-hundred day moving average price of $71.87. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.19 and a current ratio of 1.55. Xylem Inc has a 52 week low of $54.62 and a 52 week high of $89.34. The firm has a market capitalization of $13.07 billion, a PE ratio of 36.70, a P/E/G ratio of 4.05 and a beta of 1.03.

Xylem (NYSE:XYL) last released its earnings results on Thursday, July 30th. The industrial products company reported $0.40 EPS for the quarter, topping analysts’ consensus estimates of $0.05 by $0.35. Xylem had a net margin of 7.01% and a return on equity of 17.08%. The firm had revenue of $1.16 billion during the quarter, compared to analyst estimates of $1.15 billion. Equities analysts forecast that Xylem Inc will post 1.91 EPS for the current year.

About Xylem

Xylem Inc engages in the design, manufacture, and servicing of engineered products and solutions for the water and wastewater applications. It operates in three segments: Water Infrastructure, Applied Water, and Measurement & Control Solutions. The Water Infrastructure segment offers various products, including water and wastewater pumps; controls and systems; filtration, disinfection, and biological treatment equipment; and mobile dewatering equipment under the Flygt, Godwin, Wedeco, Sanitaire, and Leopold names for the transportation and treatment of water.

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Institutional Ownership by Quarter for Xylem (NYSE:XYL)

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