Xylem Inc. (NYSE:XYL) Stock Holdings Boosted by Catalyst Capital Advisors LLC

Catalyst Capital Advisors LLC raised its position in shares of Xylem Inc. (NYSE:XYL) by 141.3% in the fourth quarter, HoldingsChannel.com reports. The firm owned 818 shares of the industrial products company’s stock after buying an additional 479 shares during the period. Catalyst Capital Advisors LLC’s holdings in Xylem were worth $95,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Heck Capital Advisors LLC bought a new position in Xylem during the 4th quarter valued at $36,000. Pathway Financial Advisers LLC boosted its stake in shares of Xylem by 122.4% during the 4th quarter. Pathway Financial Advisers LLC now owns 318 shares of the industrial products company’s stock worth $37,000 after acquiring an additional 175 shares in the last quarter. Assetmark Inc. boosted its stake in shares of Xylem by 3,887.5% during the 3rd quarter. Assetmark Inc. now owns 319 shares of the industrial products company’s stock worth $43,000 after acquiring an additional 311 shares in the last quarter. Versant Capital Management Inc boosted its stake in shares of Xylem by 318.2% during the 4th quarter. Versant Capital Management Inc now owns 368 shares of the industrial products company’s stock worth $43,000 after acquiring an additional 280 shares in the last quarter. Finally, Brooklyn Investment Group bought a new stake in shares of Xylem during the 3rd quarter worth $55,000. 87.96% of the stock is owned by institutional investors.

Xylem Price Performance

XYL opened at $130.43 on Wednesday. The company has a quick ratio of 1.42, a current ratio of 1.76 and a debt-to-equity ratio of 0.19. Xylem Inc. has a 12-month low of $113.26 and a 12-month high of $146.08. The stock has a fifty day moving average of $121.36 and a 200-day moving average of $127.14. The firm has a market capitalization of $31.69 billion, a P/E ratio of 35.64, a PEG ratio of 2.36 and a beta of 1.07.

Xylem (NYSE:XYL) last announced its quarterly earnings data on Tuesday, February 4th. The industrial products company reported $1.18 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.12 by $0.06. Xylem had a return on equity of 9.96% and a net margin of 10.40%. The business had revenue of $2.30 billion during the quarter, compared to analyst estimates of $2.18 billion. During the same period last year, the company earned $0.99 earnings per share. Xylem’s quarterly revenue was up 8.6% compared to the same quarter last year. Equities analysts forecast that Xylem Inc. will post 4.66 EPS for the current fiscal year.

Xylem Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 19th. Investors of record on Tuesday, February 18th will be issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 1.23%. This is a positive change from Xylem’s previous quarterly dividend of $0.36. The ex-dividend date is Tuesday, February 18th. Xylem’s dividend payout ratio (DPR) is currently 39.34%.

Wall Street Analyst Weigh In

XYL has been the subject of several research reports. Wolfe Research reissued a “peer perform” rating on shares of Xylem in a research note on Thursday, December 12th. Royal Bank of Canada reduced their price objective on Xylem from $163.00 to $162.00 and set an “outperform” rating for the company in a research note on Friday, November 1st. Robert W. Baird raised their price objective on Xylem from $139.00 to $148.00 and gave the stock an “outperform” rating in a research note on Wednesday, February 5th. Citigroup lowered Xylem from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, February 5th. Finally, Stifel Nicolaus reduced their target price on Xylem from $166.00 to $150.00 and set a “buy” rating for the company in a report on Friday, January 24th. Four analysts have rated the stock with a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $149.90.

About Xylem

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.