2,533 Shares in Xylem Inc. (NYSE:XYL) Bought by Bay Colony Advisory Group Inc d b a Bay Colony Advisors

Bay Colony Advisory Group Inc d b a Bay Colony Advisors purchased a new position in shares of Xylem Inc. (NYSE:XYL - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 2,533 shares of the industrial products company's stock, valued at approximately $294,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Farther Finance Advisors LLC raised its stake in Xylem by 6.6% in the third quarter. Farther Finance Advisors LLC now owns 1,412 shares of the industrial products company's stock worth $191,000 after buying an additional 87 shares in the last quarter. Clear Creek Financial Management LLC grew its holdings in Xylem by 4.3% during the fourth quarter. Clear Creek Financial Management LLC now owns 2,315 shares of the industrial products company's stock worth $269,000 after acquiring an additional 96 shares during the period. Bleakley Financial Group LLC lifted its stake in shares of Xylem by 2.3% in the 4th quarter. Bleakley Financial Group LLC now owns 4,359 shares of the industrial products company's stock valued at $506,000 after purchasing an additional 96 shares during the period. U.S. Capital Wealth Advisors LLC boosted its holdings in Xylem by 1.3% during the fourth quarter. U.S. Capital Wealth Advisors LLC now owns 7,868 shares of the industrial products company's stock worth $913,000 after buying an additional 98 shares in the last quarter. Finally, Mcrae Capital Management Inc. grew its position in Xylem by 2.9% during the fourth quarter. Mcrae Capital Management Inc. now owns 3,575 shares of the industrial products company's stock valued at $415,000 after buying an additional 100 shares during the period. 87.96% of the stock is owned by institutional investors.

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Xylem Trading Down 0.5 %

Shares of Xylem stock traded down $0.64 during mid-day trading on Wednesday, hitting $122.99. The stock had a trading volume of 1,117,976 shares, compared to its average volume of 1,204,466. The firm has a 50-day moving average of $124.39 and a two-hundred day moving average of $126.86. The firm has a market cap of $29.89 billion, a P/E ratio of 33.60, a price-to-earnings-growth ratio of 2.33 and a beta of 1.08. The company has a quick ratio of 1.33, a current ratio of 1.76 and a debt-to-equity ratio of 0.19. Xylem Inc. has a 12-month low of $113.26 and a 12-month high of $146.08.

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

Xylem Increases Dividend

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

Analysts Set New Price Targets

A number of brokerages have weighed in on XYL. Wolfe Research reiterated a "peer perform" rating on shares of Xylem in a research report on Thursday, December 12th. Stifel Nicolaus reduced their target price on Xylem from $166.00 to $150.00 and set a "buy" rating for the company in a report on Friday, January 24th. Robert W. Baird lifted 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. Finally, Citigroup downgraded Xylem from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, February 5th. Four equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company's stock. According to MarketBeat.com, Xylem has a consensus rating of "Moderate Buy" and a consensus target price of $149.90.

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.