B. Metzler seel. Sohn & Co. Holding AG Takes Position in Xylem Inc. (NYSE:XYL)

B. Metzler seel. Sohn & Co. Holding AG purchased a new position in shares of Xylem Inc. (NYSE:XYL - Free Report) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 386,354 shares of the industrial products company's stock, valued at approximately $52,169,000. B. Metzler seel. Sohn & Co. Holding AG owned approximately 0.16% of Xylem at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in XYL. Swedbank AB acquired a new stake in shares of Xylem in the first quarter valued at $311,684,000. LPL Financial LLC lifted its holdings in Xylem by 246.6% in the 2nd quarter. LPL Financial LLC now owns 324,504 shares of the industrial products company's stock valued at $44,012,000 after acquiring an additional 230,878 shares during the last quarter. TCW Group Inc. boosted its position in shares of Xylem by 189.2% during the 2nd quarter. TCW Group Inc. now owns 315,400 shares of the industrial products company's stock valued at $42,778,000 after purchasing an additional 206,350 shares in the last quarter. Marshall Wace LLP grew its stake in shares of Xylem by 433.0% in the 2nd quarter. Marshall Wace LLP now owns 229,082 shares of the industrial products company's stock worth $31,070,000 after purchasing an additional 186,105 shares during the last quarter. Finally, EP Wealth Advisors LLC bought a new stake in shares of Xylem in the 2nd quarter worth approximately $19,570,000. 87.96% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on XYL shares. Royal Bank of Canada decreased their price target on shares of Xylem from $163.00 to $162.00 and set an "outperform" rating on the stock in a research report on Friday, November 1st. UBS Group initiated coverage on shares of Xylem in a report on Tuesday, August 13th. They issued a "buy" rating and a $165.00 target price for the company. TD Cowen dropped their target price on shares of Xylem from $138.00 to $125.00 and set a "hold" rating on the stock in a research report on Wednesday, November 6th. Stifel Nicolaus upped their price target on shares of Xylem from $170.00 to $172.00 and gave the company a "buy" rating in a research report on Wednesday, July 31st. Finally, Robert W. Baird cut their target price on shares of Xylem from $175.00 to $154.00 and set an "outperform" rating on the stock in a research note on Friday, November 1st. Four research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $147.17.

Xylem Stock Down 0.2 %

Shares of XYL traded down $0.23 during trading hours on Tuesday, hitting $122.23. 1,457,224 shares of the company were exchanged, compared to its average volume of 1,210,908. Xylem Inc. has a 52 week low of $100.06 and a 52 week high of $146.08. The company has a market cap of $29.70 billion, a PE ratio of 35.81, a PEG ratio of 2.24 and a beta of 1.05. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.42 and a current ratio of 1.96. The firm's 50 day moving average is $130.62 and its 200-day moving average is $134.65.

Xylem (NYSE:XYL - Get Free Report) last posted its earnings results on Thursday, October 31st. The industrial products company reported $1.11 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $1.11. The business had revenue of $2.10 billion for the quarter, compared to analyst estimates of $2.17 billion. Xylem had a net margin of 9.85% and a return on equity of 9.61%. During the same period last year, the business posted $0.99 EPS. Xylem's revenue was up .2% compared to the same quarter last year. On average, equities research analysts forecast that Xylem Inc. will post 4.23 EPS for the current fiscal year.

Xylem Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 24th. Stockholders of record on Tuesday, November 26th will be issued a dividend of $0.36 per share. The ex-dividend date of this dividend is Tuesday, November 26th. This represents a $1.44 dividend on an annualized basis and a dividend yield of 1.18%. Xylem's dividend payout ratio (DPR) is presently 42.11%.

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.