Karpas Strategies LLC purchased a new stake in Xylem Inc (NYSE:XYL) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 3,118 shares of the industrial products company’s stock, valued at approximately $213,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Invictus RG bought a new position in Xylem during the 3rd quarter valued at $104,000. Tower Research Capital LLC TRC bought a new position in Xylem during the 2nd quarter valued at $168,000. FNY Partners Fund LP lifted its stake in Xylem by 2,700.0% during the 3rd quarter. FNY Partners Fund LP now owns 2,800 shares of the industrial products company’s stock valued at $175,000 after acquiring an additional 2,700 shares in the last quarter. Advisor Group Inc. lifted its stake in Xylem by 18.3% during the 2nd quarter. Advisor Group Inc. now owns 3,592 shares of the industrial products company’s stock valued at $198,000 after acquiring an additional 555 shares in the last quarter. Finally, Dorsey & Whitney Trust CO LLC bought a new position in Xylem during the 3rd quarter valued at $205,000. 85.16% of the stock is owned by institutional investors and hedge funds.

Several brokerages have weighed in on XYL. Oppenheimer raised their price objective on Xylem from $66.00 to $75.00 and gave the company an “outperform” rating in a research note on Wednesday, November 1st. Zacks Investment Research cut Xylem from a “buy” rating to a “hold” rating in a research note on Monday. Canaccord Genuity restated a “hold” rating and set a $65.00 price objective on shares of Xylem in a research note on Wednesday, November 1st. Seaport Global Securities restated a “buy” rating on shares of Xylem in a research note on Wednesday, November 1st. Finally, Robert W. Baird restated a “hold” rating and set a $67.00 price objective on shares of Xylem in a research note on Wednesday, October 4th. Seven research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. Xylem has a consensus rating of “Buy” and an average price target of $66.67.

In other news, insider Tomas Brannemo sold 2,260 shares of Xylem stock in a transaction on Tuesday, December 19th. The stock was sold at an average price of $67.75, for a total transaction of $153,115.00. Following the sale, the insider now directly owns 10,975 shares in the company, valued at approximately $743,556.25. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Steven R. Loranger sold 17,139 shares of Xylem stock in a transaction on Wednesday, December 20th. The stock was sold at an average price of $68.10, for a total value of $1,167,165.90. Following the sale, the director now owns 26,150 shares in the company, valued at $1,780,815. The disclosure for this sale can be found here. Insiders have sold a total of 150,777 shares of company stock worth $10,097,757 over the last quarter. Company insiders own 0.75% of the company’s stock.

Xylem Inc (NYSE:XYL) traded down $0.04 during midday trading on Wednesday, hitting $72.61. The stock had a trading volume of 856,000 shares, compared to its average volume of 844,493. The company has a market cap of $13,047.94, a PE ratio of 42.22, a price-to-earnings-growth ratio of 1.72 and a beta of 1.18. Xylem Inc has a 12 month low of $46.67 and a 12 month high of $75.16. The company has a quick ratio of 1.26, a current ratio of 1.76 and a debt-to-equity ratio of 0.88.

Xylem (NYSE:XYL) last released its earnings results on Tuesday, October 31st. The industrial products company reported $0.65 EPS for the quarter, topping the Zacks’ consensus estimate of $0.64 by $0.01. The company had revenue of $1.20 billion for the quarter, compared to analysts’ expectations of $1.18 billion. Xylem had a return on equity of 17.74% and a net margin of 6.85%. The business’s revenue for the quarter was up 33.2% compared to the same quarter last year. During the same period in the previous year, the business posted $0.54 EPS. equities research analysts forecast that Xylem Inc will post 2.39 earnings per share for the current fiscal year.

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About Xylem

Xylem Inc is a water technology company. The Company designs, manufactures and services engineered solutions across a range of critical applications. It 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.

Institutional Ownership by Quarter for Xylem (NYSE:XYL)

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