Gouws Capital LLC Purchases 4,817 Shares of Xylem Inc. (NYSE:XYL)

Gouws Capital LLC increased its position in Xylem Inc. (NYSE:XYL) by 29.4% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 21,191 shares of the industrial products company’s stock after purchasing an additional 4,817 shares during the period. Xylem makes up approximately 1.9% of Gouws Capital LLC’s holdings, making the stock its 17th biggest position. Gouws Capital LLC’s holdings in Xylem were worth $2,861,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. EverSource Wealth Advisors LLC lifted its stake in Xylem by 68.8% during the 1st quarter. EverSource Wealth Advisors LLC now owns 189 shares of the industrial products company’s stock valued at $25,000 after acquiring an additional 77 shares during the period. Bangor Savings Bank lifted its stake in Xylem by 56.7% during the 3rd quarter. Bangor Savings Bank now owns 235 shares of the industrial products company’s stock valued at $32,000 after acquiring an additional 85 shares during the period. Mark Sheptoff Financial Planning LLC bought a new position in Xylem during the 2nd quarter valued at about $33,000. Blue Trust Inc. lifted its stake in Xylem by 1,185.7% during the 2nd quarter. Blue Trust Inc. now owns 270 shares of the industrial products company’s stock valued at $35,000 after acquiring an additional 249 shares during the period. Finally, Assetmark Inc. lifted its stake in Xylem by 3,887.5% during the 3rd quarter. Assetmark Inc. now owns 319 shares of the industrial products company’s stock valued at $43,000 after acquiring an additional 311 shares during the period. Institutional investors own 87.96% of the company’s stock.

Xylem Price Performance

Shares of XYL stock traded up $0.04 during trading hours on Friday, hitting $121.67. The stock had a trading volume of 369,119 shares, compared to its average volume of 1,202,094. The stock’s 50-day moving average price is $130.86 and its two-hundred day moving average price is $134.76. Xylem Inc. has a one year low of $99.90 and a one year high of $146.08. The stock has a market capitalization of $29.56 billion, a price-to-earnings ratio of 35.56, a PEG ratio of 2.28 and a beta of 1.05. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.96 and a quick ratio of 1.42.

Xylem (NYSE:XYL) last posted its earnings results on Thursday, October 31st. The industrial products company reported $1.11 EPS for the quarter, meeting analysts’ consensus estimates of $1.11. The firm had revenue of $2.10 billion during the quarter, compared to the consensus estimate of $2.17 billion. Xylem had a return on equity of 9.61% and a net margin of 9.85%. The company’s quarterly revenue was up .2% compared to the same quarter last year. During the same period in the prior year, the company earned $0.99 EPS. Equities analysts forecast that Xylem Inc. will post 4.23 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on XYL. Stifel Nicolaus upped their price target on shares of Xylem from $170.00 to $172.00 and gave the company a “buy” rating in a research report on Wednesday, July 31st. TD Cowen reduced their price target on shares of Xylem from $138.00 to $125.00 and set a “hold” rating for the company in a research report on Wednesday, November 6th. Royal Bank of Canada reduced their target price on shares of Xylem from $163.00 to $162.00 and set an “outperform” rating for the company in a report on Friday, November 1st. UBS Group started coverage on shares of Xylem in a report on Tuesday, August 13th. They set a “buy” rating and a $165.00 price target on the stock. Finally, Robert W. Baird reduced their price objective on shares of Xylem from $175.00 to $154.00 and set an “outperform” rating for the company in a research note on Friday, November 1st. Four investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $147.17.

Xylem Profile

Xylem Inc, together with its subsidiaries, engages in the design, manufacture, and servicing of engineered products and solutions worldwide. It operates through four segments: Water Infrastructure, Applied Water, Measurement & Control Solutions, and Integrated Solutions and Services. The Water Infrastructure segment offers products, including water, storm water, and wastewater pumps; controls and systems; filtration, disinfection, and biological treatment equipment; and mobile dewatering equipment and rental services under the ADI, Flygt, Godwin, Sanitaire, Magneto, Neptune Benson, Ionpure, Leopold, Wedeco, and Xylem Vue brands.