Andra AP fonden Acquires 4,200 Shares of Xylem Inc. (NYSE:XYL)

Andra AP fonden raised its position in shares of Xylem Inc. (NYSE:XYL - Free Report) by 15.7% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 30,900 shares of the industrial products company's stock after acquiring an additional 4,200 shares during the quarter. Andra AP fonden's holdings in Xylem were worth $3,585,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Heck Capital Advisors LLC purchased a new position in shares of Xylem in the 4th quarter valued at approximately $36,000. Pathway Financial Advisers LLC raised its holdings in Xylem by 122.4% in the fourth quarter. Pathway Financial Advisers LLC now owns 318 shares of the industrial products company's stock worth $37,000 after purchasing an additional 175 shares in the last quarter. SRS Capital Advisors Inc. lifted its position in Xylem by 69.5% during the fourth quarter. SRS Capital Advisors Inc. now owns 317 shares of the industrial products company's stock valued at $37,000 after buying an additional 130 shares during the period. Assetmark Inc. grew its position in shares of Xylem by 3,887.5% in the 3rd quarter. Assetmark Inc. now owns 319 shares of the industrial products company's stock worth $43,000 after buying an additional 311 shares during the period. Finally, Versant Capital Management Inc increased its stake in shares of Xylem by 318.2% in 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. Hedge funds and other institutional investors own 87.96% of the company's stock.

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Xylem Stock Performance

Shares of XYL traded down $0.64 during mid-day trading on Wednesday, hitting $122.99. 1,117,979 shares of the company traded hands, compared to its average volume of 1,420,625. Xylem Inc. has a 1 year low of $113.26 and a 1 year high of $146.08. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.33 and a current ratio of 1.76. The stock has a 50-day moving average price of $124.39 and a two-hundred day moving average price of $126.86. The stock has a market cap of $29.89 billion, a price-to-earnings ratio of 33.60, a P/E/G ratio of 2.33 and a beta of 1.08.

Xylem (NYSE:XYL - Get Free Report) last released its quarterly 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 return on equity of 9.96% and a net margin of 10.40%. The firm had revenue of $2.30 billion for the quarter, compared to analysts' expectations of $2.18 billion. During the same period in the prior year, the firm earned $0.99 EPS. The company's revenue was up 8.6% compared to the same quarter last year. Equities analysts anticipate that Xylem Inc. will post 4.65 earnings per share for the current year.

Xylem Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, March 19th. Shareholders of record on Tuesday, February 18th will be paid a dividend of $0.40 per share. This is an increase from Xylem's previous quarterly dividend of $0.36. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.30%. The ex-dividend date is Tuesday, February 18th. Xylem's payout ratio is currently 43.72%.

Analyst Ratings Changes

XYL has been the subject of several recent research reports. Stifel Nicolaus lowered their target price on shares of Xylem from $166.00 to $150.00 and set a "buy" rating for the company in a report on Friday, January 24th. Wolfe Research reiterated a "peer perform" rating on shares of Xylem in a research note on Thursday, December 12th. Robert W. Baird increased their target price on Xylem from $139.00 to $148.00 and gave the stock an "outperform" rating in a research note on Wednesday, February 5th. Finally, Citigroup lowered Xylem from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, February 5th. Four research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $149.90.

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.