Green Alpha Advisors LLC decreased its stake in Xylem Inc. (NYSE:XYL – Free Report) by 3.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 5,464 shares of the industrial products company’s stock after selling 179 shares during the period. Green Alpha Advisors LLC’s holdings in Xylem were worth $634,000 as of its most recent SEC filing.
A number of other institutional investors have also recently added to or reduced their stakes in the stock. Nordea Investment Management AB lifted its position in shares of Xylem by 24.6% during the 4th quarter. Nordea Investment Management AB now owns 26,798 shares of the industrial products company’s stock valued at $3,125,000 after acquiring an additional 5,286 shares during the period. MML Investors Services LLC boosted its position in Xylem by 66.9% during the third quarter. MML Investors Services LLC now owns 15,935 shares of the industrial products company’s stock worth $2,152,000 after purchasing an additional 6,386 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its position in Xylem by 0.4% during the third quarter. Charles Schwab Investment Management Inc. now owns 1,345,768 shares of the industrial products company’s stock worth $181,719,000 after purchasing an additional 5,817 shares in the last quarter. Groupama Asset Managment increased its position in shares of Xylem by 89.6% in the third quarter. Groupama Asset Managment now owns 16,340 shares of the industrial products company’s stock valued at $2,206,000 after buying an additional 7,723 shares in the last quarter. Finally, Franklin Resources Inc. raised its stake in shares of Xylem by 2.3% during the 3rd quarter. Franklin Resources Inc. now owns 1,597,657 shares of the industrial products company’s stock worth $219,262,000 after buying an additional 36,102 shares during the last quarter. Hedge funds and other institutional investors own 87.96% of the company’s stock.
Analyst Upgrades and Downgrades
Several equities analysts have weighed in on XYL shares. Wolfe Research restated a “peer perform” rating on shares of Xylem in a report on Thursday, December 12th. Royal Bank of Canada cut their price objective on Xylem from $163.00 to $162.00 and set an “outperform” rating for the company in a research report on Friday, November 1st. Stifel Nicolaus lowered their target price on Xylem from $172.00 to $166.00 and set a “buy” rating on the stock in a report on Wednesday, December 11th. TD Cowen cut their price target on Xylem from $138.00 to $125.00 and set a “hold” rating for the company in a report on Wednesday, November 6th. Finally, Citigroup raised Xylem from a “neutral” rating to a “buy” rating and increased their price objective for the company from $135.00 to $148.00 in a research note on Monday, December 9th. Three equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat, Xylem has a consensus rating of “Moderate Buy” and a consensus price target of $152.20.
Xylem Stock Down 1.7 %
Shares of NYSE:XYL opened at $113.94 on Monday. The company has a current ratio of 1.96, a quick ratio of 1.42 and a debt-to-equity ratio of 0.19. The firm has a market cap of $27.68 billion, a price-to-earnings ratio of 33.32, a PEG ratio of 2.22 and a beta of 1.06. The stock’s 50-day moving average price is $121.65 and its two-hundred day moving average price is $129.35. Xylem Inc. has a 12-month low of $109.39 and a 12-month high of $146.08.
Xylem (NYSE:XYL – Get Free Report) last released its earnings results on Thursday, October 31st. The industrial products company reported $1.11 earnings per share (EPS) for the quarter, hitting the consensus estimate of $1.11. Xylem had a net margin of 9.85% and a return on equity of 9.61%. The business had revenue of $2.10 billion for the quarter, compared to analysts’ expectations of $2.17 billion. During the same period last year, the company earned $0.99 earnings per share. The company’s quarterly revenue was up .2% on a year-over-year basis. On average, research analysts forecast that Xylem Inc. will post 4.23 EPS for the current year.
Xylem Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 24th. Stockholders of record on Tuesday, November 26th were issued a dividend of $0.36 per share. The ex-dividend date was Tuesday, November 26th. This represents a $1.44 dividend on an annualized basis and a dividend yield of 1.26%. Xylem’s payout ratio is 42.11%.
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.
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