Xylem Inc. (NYSE:XYL) Stock Position Lowered by American Century Companies Inc.

American Century Companies Inc. lowered its holdings in Xylem Inc. (NYSE:XYL - Free Report) by 20.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,844,226 shares of the industrial products company's stock after selling 466,432 shares during the period. American Century Companies Inc. owned about 0.76% of Xylem worth $213,967,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of XYL. Nordea Investment Management AB lifted its holdings in shares of Xylem by 24.6% in the 4th quarter. Nordea Investment Management AB now owns 26,798 shares of the industrial products company's stock worth $3,125,000 after purchasing an additional 5,286 shares during the last quarter. MML Investors Services LLC lifted its stake in Xylem by 66.9% in the third quarter. MML Investors Services LLC now owns 15,935 shares of the industrial products company's stock valued at $2,152,000 after buying an additional 6,386 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its stake in Xylem by 0.4% in the third quarter. Charles Schwab Investment Management Inc. now owns 1,345,768 shares of the industrial products company's stock valued at $181,719,000 after buying an additional 5,817 shares during the last quarter. Swedbank AB boosted its holdings in shares of Xylem by 23.1% during the fourth 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 during the period. Finally, Groupama Asset Managment grew its position in shares of Xylem by 89.6% during the third quarter. Groupama Asset Managment now owns 16,340 shares of the industrial products company's stock worth $2,206,000 after acquiring an additional 7,723 shares during the last quarter. Institutional investors own 87.96% of the company's stock.

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Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on XYL shares. Wolfe Research reissued a "peer perform" rating on shares of Xylem in a report on Thursday, December 12th. Robert W. Baird increased their price target on Xylem from $139.00 to $148.00 and gave the stock an "outperform" rating in a research note on Wednesday, February 5th. Citigroup cut shares of Xylem from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, February 5th. Finally, 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 report on Friday, January 24th. Four analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to MarketBeat.com, Xylem has a consensus rating of "Moderate Buy" and an average price target of $149.89.

Xylem Price Performance

Shares of NYSE XYL traded down $0.94 during midday trading on Thursday, reaching $122.19. The company's stock had a trading volume of 1,625,224 shares, compared to its average volume of 1,234,296. Xylem Inc. has a one year low of $113.26 and a one year high of $146.08. The company has a market cap of $29.70 billion, a price-to-earnings ratio of 33.39, a price-to-earnings-growth ratio of 2.33 and a beta of 1.08. The company has a 50 day moving average price of $125.64 and a 200 day moving average price of $126.00. The company has a current ratio of 1.76, a quick ratio of 1.33 and a debt-to-equity ratio of 0.19.

Xylem (NYSE:XYL - Get Free Report) last posted its quarterly earnings results 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. The firm had revenue of $2.30 billion for the quarter, compared to analyst estimates of $2.18 billion. Xylem had a net margin of 10.40% and a return on equity of 9.96%. The firm's quarterly revenue was up 8.6% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.99 earnings per share. On average, equities research analysts expect that Xylem Inc. will post 4.65 EPS for the current year.

Xylem Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, March 19th. Stockholders of record on Tuesday, February 18th were issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 1.31%. This is an increase 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 is currently 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.