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Are Xylem (NYSE:XYL) Shares Reaching An Inflection Point; Vertical Research Decides to Upgrades Company

Xylem Inc. (NYSE:XYL) Logo

Investors sentiment increased to 1.01 in Q2 2018. Its up 0.08, from 0.93 in 2018Q1. It increased, as 43 investors sold Xylem Inc. shares while 183 reduced holdings. 64 funds opened positions while 164 raised stakes. 147.62 million shares or 2.69% more from 143.75 million shares in 2018Q1 were reported.

Andra Ap holds 0.12% in Xylem Inc. (NYSE:XYL) or 65,800 shares. Millennium Limited Liability Com invested in 7,899 shares. Parametric Assoc Limited Com reported 395,245 shares. 648,164 are owned by Wellington Mgmt Group Limited Liability Partnership. Moreover, Signaturefd Ltd Liability Company has 0% invested in Xylem Inc. (NYSE:XYL) for 220 shares. Bowen Hanes & reported 0.12% of its portfolio in Xylem Inc. (NYSE:XYL). 700 were accumulated by Estabrook. Gsa Partners Limited Liability Partnership holds 41,702 shares or 0.14% of its portfolio. Schroder Mngmt accumulated 235,728 shares or 0.03% of the stock. Pnc Fincl Grp Inc holds 176,896 shares or 0.01% of its portfolio. Old Mutual Customised Solutions (Proprietary) Limited stated it has 0.06% of its portfolio in Xylem Inc. (NYSE:XYL). 4,075 were accumulated by Mariner Wealth. Moreover, Service Automobile Association has 0.34% invested in Xylem Inc. (NYSE:XYL). Peoples Corp invested 0.33% of its portfolio in Xylem Inc. (NYSE:XYL). Northwestern Mutual Wealth holds 0% in Xylem Inc. (NYSE:XYL) or 1,820 shares.

Since May 14, 2018, it had 0 insider purchases, and 4 sales for $2.31 million activity. The insider Sabol Colin R sold 17,161 shares worth $1.40M. 7,500 Xylem Inc. (NYSE:XYL) shares with value of $550,395 were sold by CRAWFORD CURTIS J.

Xylem (NYSE:XYL) Stock Upgrade

In an analyst note sent to clients and investors on Thursday, 18 October, Vertical Research announced that they have decided to upgrade shares of Xylem (NYSE:XYL) to a “Hold” from a “Sell”. There is now a $68 target price per share on XYL’s stock.

Xylem Inc. (NYSE:XYL) Ratings Coverage

Among 5 analysts covering Xylem (NYSE:XYL), 3 have Buy rating, 0 Sell and 2 Hold. Therefore 60% are positive. Xylem has $90 highest and $75 lowest target. $83.60’s average target is 19.62% above currents $69.89 stock price. Xylem had 7 analyst reports since April 24, 2018 according to SRatingsIntel. Stifel Nicolaus maintained it with “Hold” rating and $80 target in Wednesday, August 1 report. The stock of Xylem Inc. (NYSE:XYL) earned “Hold” rating by Canaccord Genuity on Tuesday, April 24. The firm has “Hold” rating given on Wednesday, May 2 by Stifel Nicolaus. The stock of Xylem Inc. (NYSE:XYL) has “Outperform” rating given on Wednesday, August 1 by BMO Capital Markets. BMO Capital Markets maintained the stock with “Outperform” rating in Wednesday, May 2 report.

The stock decreased 2.03% or $1.45 during the last trading session, reaching $69.89. About 1.10 million shares traded or 5.37% up from the average. Xylem Inc. (NYSE:XYL) has risen 27.16% since October 19, 2017 and is uptrending. It has outperformed by 11.54% the S&P500.

Analysts await Xylem Inc. (NYSE:XYL) to report earnings on October, 30. They expect $0.77 EPS, up 18.46 % or $0.12 from last year’s $0.65 per share. XYL’s profit will be $138.31M for 22.69 P/E if the $0.77 EPS becomes a reality. After $0.73 actual EPS reported by Xylem Inc. for the previous quarter, Wall Street now forecasts 5.48 % EPS growth.

Xylem Inc. engages in the design, manufacture, and service of engineered solutions for the water and wastewater applications. The company has market cap of $12.55 billion. It operates through three divisions: Water Infrastructure, Applied Water, and Sensus. It has a 34.26 P/E ratio. The Water Infrastructure segment offers various products, including water and wastewater pumps, treatment and testing equipment, and controls and systems, as well as filtration, disinfection, and biological treatment equipment under the Flygt, WEDECO, Godwin, WTW, Sanitaire, YSI, and Leopold names for the transportation, treatment, and testing of water and wastewater for public utilities and industrial applications.

Another recent and important Xylem Inc. (NYSE:XYL) news was published by which published an article titled: “Xylem Can Satisfy The World’s Thirst For Water” on October 09, 2018.

Xylem Inc. (NYSE:XYL) Institutional Positions Chart

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