Xylem Inc. (NYSE:XYL) Shares Bought by Sei Investments Co.

Sei Investments Co. boosted its stake in shares of Xylem Inc. (NYSE:XYL) by 5.8% during the 4th quarter, Holdings Channel.com reports. The firm owned 1,158,533 shares of the industrial products company’s stock after purchasing an additional 63,409 shares during the quarter. Sei Investments Co.’s holdings in Xylem were worth $134,413,000 as of its most recent filing with the SEC.

Several other hedge funds have also modified their holdings of XYL. Lee Danner & Bass Inc. purchased a new stake in shares of Xylem during the 4th quarter worth about $30,000. Rialto Wealth Management LLC purchased a new stake in shares of Xylem during the 4th quarter worth about $31,000. Heck Capital Advisors LLC purchased a new stake in shares of Xylem during the 4th quarter worth about $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. Finally, SRS Capital Advisors Inc. boosted its stake in shares of Xylem by 69.5% during the 4th quarter. SRS Capital Advisors Inc. now owns 317 shares of the industrial products company’s stock worth $37,000 after acquiring an additional 130 shares in the last quarter. 87.96% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

XYL has been the topic of several recent analyst reports. Stifel Nicolaus lowered their target price on shares of Xylem from $166.00 to $150.00 and set a “buy” rating on the stock in a research note on Friday, January 24th. Citigroup lowered shares of Xylem from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, February 5th. Wolfe Research reaffirmed a “peer perform” rating on shares of Xylem in a research note on Thursday, December 12th. Finally, Robert W. Baird raised their price target on shares of Xylem from $139.00 to $148.00 and gave the company an “outperform” rating in a research note on Wednesday, February 5th. Four research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $149.89.

Xylem Trading Down 1.3 %

XYL opened at $118.27 on Friday. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.76 and a quick ratio of 1.33. The company’s 50 day simple moving average is $125.24 and its two-hundred day simple moving average is $126.15. Xylem Inc. has a 1-year low of $113.26 and a 1-year high of $146.08. The firm has a market capitalization of $28.75 billion, a price-to-earnings ratio of 32.31, a price-to-earnings-growth ratio of 2.33 and a beta of 1.08.

Xylem (NYSE:XYL) last released its earnings results on Tuesday, February 4th. The industrial products company reported $1.18 earnings per share for the quarter, topping analysts’ consensus estimates of $1.12 by $0.06. Xylem had a net margin of 10.40% and a return on equity of 9.96%. The business had revenue of $2.30 billion for the quarter, compared to analyst estimates of $2.18 billion. During the same period last year, the company posted $0.99 EPS. The business’s revenue was up 8.6% on a year-over-year basis. Analysts expect that Xylem Inc. will post 4.65 EPS for the current fiscal year.

Xylem Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 19th. Shareholders of record on Tuesday, February 18th were paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 1.35%. This is a positive change from Xylem’s previous quarterly dividend of $0.36. The ex-dividend date of this dividend was Tuesday, February 18th. Xylem’s dividend payout ratio (DPR) is 43.72%.

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.