KKM Financial LLC Has $487,000 Stock Holdings in Xylem Inc. (NYSE:XYL)

KKM Financial LLC reduced its position in shares of Xylem Inc. (NYSE:XYL) by 3.1% in the 4th quarter, Holdings Channel reports. The firm owned 4,200 shares of the industrial products company’s stock after selling 134 shares during the period. KKM Financial LLC’s holdings in Xylem were worth $487,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Dempze Nancy E boosted its holdings in Xylem by 0.3% during the fourth quarter. Dempze Nancy E now owns 25,761 shares of the industrial products company’s stock worth $2,989,000 after purchasing an additional 88 shares during the last quarter. Townsquare Capital LLC boosted its stake in shares of Xylem by 0.8% in the 4th quarter. Townsquare Capital LLC now owns 11,074 shares of the industrial products company’s stock worth $1,285,000 after buying an additional 88 shares during the last quarter. Keel Point LLC grew its holdings in shares of Xylem by 4.1% in the fourth quarter. Keel Point LLC now owns 2,371 shares of the industrial products company’s stock valued at $275,000 after acquiring an additional 93 shares in the last quarter. Clear Creek Financial Management LLC increased its position in shares of Xylem by 4.3% during the fourth quarter. Clear Creek Financial Management LLC now owns 2,315 shares of the industrial products company’s stock valued at $269,000 after acquiring an additional 96 shares during the last quarter. Finally, Bleakley Financial Group LLC lifted its holdings in Xylem by 2.3% during the fourth quarter. Bleakley Financial Group LLC now owns 4,359 shares of the industrial products company’s stock worth $506,000 after acquiring an additional 96 shares during the period. 87.96% of the stock is currently owned by institutional investors.

Xylem Stock Down 0.4 %

XYL opened at $122.77 on Friday. The company has a 50 day moving average of $117.32 and a 200 day moving average of $121.47. The company has a current ratio of 1.76, a quick ratio of 1.33 and a debt-to-equity ratio of 0.19. Xylem Inc. has a 12 month low of $100.47 and a 12 month high of $146.08. The company has a market cap of $29.88 billion, a PE ratio of 33.54, a price-to-earnings-growth ratio of 2.33 and a beta of 1.10.

Xylem (NYSE:XYL) last announced its quarterly earnings results on Tuesday, April 29th. The industrial products company reported $1.03 earnings per share for the quarter, beating the consensus estimate of $0.95 by $0.08. The company had revenue of $2.07 billion during the quarter, compared to analysts’ expectations of $2.04 billion. Xylem had a return on equity of 9.96% and a net margin of 10.40%. The firm’s quarterly revenue was up 1.8% compared to the same quarter last year. During the same period in the previous year, the business earned $0.90 earnings per share. On average, sell-side analysts expect that Xylem Inc. will post 4.65 EPS for the current year.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the company. Stifel Nicolaus raised their target price on Xylem from $140.00 to $141.00 and gave the company a “buy” rating in a research report on Wednesday, April 30th. Citigroup decreased their price objective on shares of Xylem from $152.00 to $134.00 and set a “buy” rating for the company in a report on Monday, April 14th. Royal Bank of Canada boosted their target price on shares of Xylem from $143.00 to $147.00 and gave the company an “outperform” rating in a research note on Wednesday, April 30th. Finally, Robert W. Baird decreased their price target on shares of Xylem from $149.00 to $146.00 and set an “outperform” rating for the company in a research note on Wednesday, April 30th. Two investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. According to MarketBeat.com, Xylem presently has a consensus rating of “Moderate Buy” and an average price target of $146.88.

Xylem Company 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.