Banque Cantonale Vaudoise Purchases 5,209 Shares of Xylem Inc. (NYSE:XYL)

Banque Cantonale Vaudoise lifted its stake in Xylem Inc. (NYSE:XYL - Free Report) by 13.9% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 42,713 shares of the industrial products company's stock after acquiring an additional 5,209 shares during the quarter. Banque Cantonale Vaudoise's holdings in Xylem were worth $5,768,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of XYL. TIAA Trust National Association raised its stake in Xylem by 6.2% in the first quarter. TIAA Trust National Association now owns 1,983 shares of the industrial products company's stock valued at $256,000 after buying an additional 115 shares during the period. O Shaughnessy Asset Management LLC increased its stake in Xylem by 13.4% in the first quarter. O Shaughnessy Asset Management LLC now owns 33,035 shares of the industrial products company's stock valued at $4,269,000 after acquiring an additional 3,911 shares during the last quarter. Lake Street Advisors Group LLC acquired a new position in shares of Xylem during the 1st quarter worth $360,000. Twin Capital Management Inc. increased its position in Xylem by 1.1% during the 1st quarter. Twin Capital Management Inc. now owns 8,302 shares of the industrial products company's stock worth $1,073,000 after purchasing an additional 93 shares in the last quarter. Finally, Crewe Advisors LLC bought a new position in Xylem in the 1st quarter valued at approximately $155,000. 87.96% of the stock is owned by institutional investors and hedge funds.

Xylem Stock Performance

NYSE XYL traded down $0.23 during trading on Tuesday, hitting $122.23. 1,457,224 shares of the company's stock traded hands, compared to its average volume of 1,210,908. 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 stock has a market capitalization of $29.70 billion, a price-to-earnings ratio of 35.81, a PEG ratio of 2.24 and a beta of 1.05. Xylem Inc. has a 12-month low of $100.06 and a 12-month high of $146.08. The business has a 50 day moving average of $130.62 and a 200-day moving average of $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 for the quarter, hitting 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%. Xylem's revenue was up .2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.99 EPS. As a group, equities research analysts anticipate that Xylem Inc. will post 4.23 earnings per share for the current fiscal year.

Xylem Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 24th. Investors of record on Tuesday, November 26th will be given a $0.36 dividend. This represents a $1.44 dividend on an annualized basis and a yield of 1.18%. The ex-dividend date is Tuesday, November 26th. Xylem's payout ratio is presently 42.11%.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the stock. Royal Bank of Canada decreased their target price on shares of Xylem from $163.00 to $162.00 and set an "outperform" rating on the stock in a research note on Friday, November 1st. TD Cowen dropped their target price on Xylem from $138.00 to $125.00 and set a "hold" rating for the company in a research report on Wednesday, November 6th. Stifel Nicolaus boosted their price target on Xylem from $170.00 to $172.00 and gave the stock a "buy" rating in a report on Wednesday, July 31st. Robert W. Baird dropped their price objective on shares of Xylem from $175.00 to $154.00 and set an "outperform" rating for the company in a report on Friday, November 1st. Finally, UBS Group began coverage on shares of Xylem in a report on Tuesday, August 13th. They set a "buy" rating and a $165.00 target price on the stock. Four research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $147.17.

Xylem Company 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.