Generali Asset Management SPA SGR Takes $1.17 Million Position in Xylem Inc. (NYSE:XYL)

Generali Asset Management SPA SGR acquired a new stake in shares of Xylem Inc. (NYSE:XYL - Free Report) during the 4th quarter, according to its most recent disclosure with the SEC. The fund acquired 10,085 shares of the industrial products company's stock, valued at approximately $1,170,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the company. Rialto Wealth Management LLC bought a new position in Xylem in the fourth quarter worth $31,000. Heck Capital Advisors LLC purchased a new position in shares of Xylem during the 4th quarter valued at about $36,000. Pathway Financial Advisers LLC grew 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 valued at $37,000 after acquiring an additional 175 shares during the period. SRS Capital Advisors Inc. increased its holdings in Xylem by 69.5% in 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. Finally, Flagship Wealth Advisors LLC bought a new stake in Xylem during the 4th quarter worth approximately $39,000. Hedge funds and other institutional investors own 87.96% of the company's stock.

Xylem Stock Up 2.1 %

NYSE XYL traded up $2.54 on Tuesday, reaching $123.34. 1,745,429 shares of the stock traded hands, compared to its average volume of 1,226,600. Xylem Inc. has a 12 month low of $113.26 and a 12 month high of $146.08. The company has a fifty day moving average price of $125.34 and a 200-day moving average price of $126.05. The company has a market cap of $29.98 billion, a price-to-earnings ratio of 33.70, a PEG ratio of 2.33 and a beta of 1.08. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.33 and a current ratio of 1.76.

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Xylem (NYSE:XYL - Get Free Report) last announced its earnings results on Tuesday, February 4th. The industrial products company reported $1.18 earnings per share for the quarter, beating the consensus estimate of $1.12 by $0.06. Xylem had a net margin of 10.40% and a return on equity of 9.96%. The company had revenue of $2.30 billion during the quarter, compared to the consensus estimate of $2.18 billion. During the same period last year, the firm earned $0.99 earnings per share. Xylem's revenue was up 8.6% compared to the same quarter last year. As a group, research analysts forecast that Xylem Inc. will post 4.65 EPS for the current fiscal year.

Xylem Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 19th. Investors of record on Tuesday, February 18th were paid a $0.40 dividend. 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. This represents a $1.60 dividend on an annualized basis and a yield of 1.30%. Xylem's dividend payout ratio (DPR) is 43.72%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on the company. Robert W. Baird upped 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. Stifel Nicolaus reduced their price target on shares of Xylem from $166.00 to $150.00 and set a "buy" rating on the stock in a research report on Friday, January 24th. Citigroup downgraded shares of Xylem from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, February 5th. Finally, Wolfe Research reiterated a "peer perform" rating on shares of Xylem in a report on Thursday, December 12th. Four research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $149.89.

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.