Clear Creek Financial Management LLC Buys 96 Shares of Xylem Inc. (NYSE:XYL)

Clear Creek Financial Management LLC grew its stake in shares of Xylem Inc. (NYSE:XYL) by 4.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,315 shares of the industrial products company’s stock after purchasing an additional 96 shares during the period. Clear Creek Financial Management LLC’s holdings in Xylem were worth $269,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Swedbank AB boosted its position in Xylem by 23.1% during the 4th quarter. Swedbank AB now owns 3,683,201 shares of the industrial products company’s stock valued at $427,325,000 after acquiring an additional 691,618 shares in the last quarter. Erste Asset Management GmbH purchased a new position in shares of Xylem in the 3rd quarter valued at approximately $68,593,000. B. Metzler seel. Sohn & Co. Holding AG purchased a new stake in Xylem in the third quarter worth $52,169,000. Champlain Investment Partners LLC raised its holdings in Xylem by 17.8% in the third quarter. Champlain Investment Partners LLC now owns 1,657,785 shares of the industrial products company’s stock worth $223,851,000 after purchasing an additional 249,975 shares in the last quarter. Finally, State Street Corp lifted its position in Xylem by 1.9% during the third quarter. State Street Corp now owns 10,329,494 shares of the industrial products company’s stock valued at $1,394,792,000 after buying an additional 189,820 shares during the period. Hedge funds and other institutional investors own 87.96% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on XYL shares. Robert W. Baird reduced their target price on shares of Xylem from $175.00 to $154.00 and set an “outperform” rating on the stock in a research report on Friday, November 1st. Stifel Nicolaus decreased their target price on shares of Xylem from $166.00 to $150.00 and set a “buy” rating for the company in a research note on Friday, January 24th. TD Cowen dropped their price target on Xylem from $138.00 to $125.00 and set a “hold” rating on the stock in a research report on Wednesday, November 6th. Wolfe Research reaffirmed a “peer perform” rating on shares of Xylem in a research report on Thursday, December 12th. Finally, Citigroup dropped their target price on Xylem from $148.00 to $147.00 and set a “buy” rating on the stock in a report on Monday, January 13th. Three research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $150.50.

Xylem Stock Up 1.8 %

Xylem stock opened at $124.04 on Monday. The firm has a market cap of $30.13 billion, a price-to-earnings ratio of 36.27, a PEG ratio of 2.06 and a beta of 1.06. The company has a current ratio of 1.96, a quick ratio of 1.42 and a debt-to-equity ratio of 0.19. Xylem Inc. has a 12 month low of $112.02 and a 12 month high of $146.08. The stock has a fifty day simple moving average of $120.69 and a two-hundred day simple moving average of $127.73.

Xylem (NYSE:XYL) last issued its earnings results on Thursday, October 31st. The industrial products company reported $1.11 earnings per share for the quarter, hitting analysts’ consensus estimates of $1.11. Xylem had a return on equity of 9.61% and a net margin of 9.85%. The business had revenue of $2.10 billion during the quarter, compared to analyst estimates of $2.17 billion. During the same quarter in the previous year, the firm earned $0.99 EPS. Xylem’s revenue was up .2% on a year-over-year basis. Equities analysts predict that Xylem Inc. will post 4.22 EPS for the current fiscal year.

Xylem Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 24th. Shareholders of record on Tuesday, November 26th were given a $0.36 dividend. This represents a $1.44 dividend on an annualized basis and a yield of 1.16%. The ex-dividend date was Tuesday, November 26th. Xylem’s dividend payout ratio (DPR) is presently 42.11%.

Xylem 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.