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DekaBank Deutsche Girozentrale Owns $71.10 Million in Xylem Inc. (NYSE:XYL)

DekaBank Deutsche Girozentrale Owns $71.10 Million in Xylem Inc. (NYSE:XYL)

The most recent Form 13F filing that DekaBank Deutsche Girozentrale made with the SEC reveals that during the third quarter of 2018, the financial institution reportedly reduced its holdings in Xylem Inc. (NYSE: XYL) by 8.9%. The institutional investor was left with a total holding of 814,478 shares of the company after selling 79,573 shares of the industrial products company’s stock during the time frame in question. The most recent report DekaBank Deutsche Girozentrale has filed with the SEC indicates that the financial institution owns approximately 0.45% of Xylem for a total value of $71,110,000.

Shares of XYL have been purchased and sold in recent transactions involving other hedge funds. The Householder Group Estate & Retirement Specialist LLC invested in Xylem, valued at $27,000 during the third quarter of 2018. During the second quarter, Clear Street Markets LLC increased the amount of Xylem stock owned by 408.1 percent from the previous quarter. Clear Street Markets LLC now holds 376 shares of the industrial products company’s stock after purchasing an additional 302 shares during the most recent quarter. Based on the stock’s current price, Clear Street Markets LLC has a holding value of $29,000. ACG Wealth increased its holdings of Xylem during the second quarter by investing approximately $31,000. Heritage Financial Services LLC invested approximately $31,000 during the second quarter to increase its ownership in Xylem and acquire a larger stake in the company. Finally, during the second quarter of the fiscal year, Venture Visionary Partners LLC acquired a new investment in Xylem for close to $36,000. Xylem received an investment from the householder, Group Estate & Retirement Specialist LLC. The value of this investment was $27,000. During the second quarter, Clear Street Markets LLC increased the amount of Xylem stock owned by 408.1 percent from the previous quarter. Clear Street Markets LLC now holds 376 shares of the industrial products company’s stock after purchasing an additional 302 shares during the most recent quarter. Based on the stock’s current price, Clear Street Markets LLC has a holding value of $29,000. ACG Wealth increased its holdings of Xylem during the second quarter by investing approximately $31,000. Heritage Financial Services LLC invested approximately $31,000 during the second quarter to increase its ownership in Xylem and acquire a larger stake in the company. Finally, during the second quarter of the fiscal year, Venture Visionary Partners LLC made a new investment in Xylem by purchasing additional shares for approximately $36,000. Institutional investors, including hedge funds and various other types, currently own 83.57% of the company’s shares.

The senior vice president of the company, Matthew Francis Pine, sold 11,870 shares of the company’s stock on Friday, November 4. The Xylem company has provided this information. The shares were finally sold for $1,271,514.40 after being purchased at an average price of $107.12 per share by purchasers. This brought in a total of $1,271,514.00. At present, the senior vice president personally owns 22,819 shares of the company. Based on current market conditions, these shares are estimated to be worth approximately $2,444,371.28. If you follow the link, which will take you to a legal file submitted to the SEC, you will have the opportunity to acquire additional information regarding the transaction. The company’s executives and other senior executives own 0.89% of the company’s total shares.

XYL has been the subject of a great deal of research and analytical writing.

In a research report released on November 2, Credit Suisse Group upgraded their “neutral” rating and price target on the stock of Xylem from $93.00 to $110.00. The report was about the company’s stock. Due to a report distributed on November 2, the “outperform” rating and price objective that the Royal Bank of Canada has assigned to Xylem have been increased from $105.00 to $114.00. Additionally, the price objective has been raised from $105.00 to $114.00. In a research note published on November 16, Atlantic Securities upgraded Xylem from a “neutral” rating to an “overweight” rating. They also increased their price target for the company’s stock from $110.00 to $129.00. Both of these changes were made. In a research report published on November 3, Morgan Stanley raised their price target on Xylem stock from $100.00 to $105.00 and increased their “overweight” rating for Xylem. Both of these changes were made to the company’s stock. Stifel Nicolaus lowered their rating on shares of Xylem from a “buy” rating to a “hold” rating in a report published on Monday, December 19. At the

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