Boston Common Asset Management LLC Trims Stock Holdings in Xylem Inc. (NYSE:XYL)

Boston Common Asset Management LLC lowered its position in Xylem Inc. (NYSE:XYL - Free Report) by 24.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 119,304 shares of the industrial products company's stock after selling 38,405 shares during the quarter. Boston Common Asset Management LLC's holdings in Xylem were worth $13,842,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. City Holding Co. grew its stake in Xylem by 3.8% in the 3rd quarter. City Holding Co. now owns 2,071 shares of the industrial products company's stock worth $280,000 after buying an additional 75 shares in the last quarter. First Trust Direct Indexing L.P. lifted its holdings in shares of Xylem by 0.9% during the 3rd quarter. First Trust Direct Indexing L.P. now owns 9,070 shares of the industrial products company's stock worth $1,225,000 after acquiring an additional 78 shares during the last quarter. Bangor Savings Bank grew its position in Xylem by 56.7% in the third quarter. Bangor Savings Bank now owns 235 shares of the industrial products company's stock worth $32,000 after acquiring an additional 85 shares in the last quarter. Angeles Wealth Management LLC raised its position in Xylem by 3.6% during the third quarter. Angeles Wealth Management LLC now owns 2,462 shares of the industrial products company's stock valued at $332,000 after purchasing an additional 86 shares in the last quarter. Finally, Farther Finance Advisors LLC raised its position in Xylem by 6.6% during the third quarter. Farther Finance Advisors LLC now owns 1,412 shares of the industrial products company's stock valued at $191,000 after purchasing an additional 87 shares in the last quarter. Hedge funds and other institutional investors own 87.96% of the company's stock.

Analyst Ratings Changes

XYL has been the topic of a number of research reports. Royal Bank of Canada decreased their price objective on Xylem from $163.00 to $162.00 and set an "outperform" rating on the stock in a report on Friday, November 1st. Citigroup decreased their price target on shares of Xylem from $148.00 to $147.00 and set a "buy" rating on the stock in a research note on Monday, January 13th. Wolfe Research reaffirmed a "peer perform" rating on shares of Xylem in a research note on Thursday, December 12th. Robert W. Baird reduced their target price on shares of Xylem from $175.00 to $154.00 and set an "outperform" rating on the stock in a report on Friday, November 1st. Finally, Stifel Nicolaus lowered their price target on shares of Xylem from $172.00 to $166.00 and set a "buy" rating for the company in a research note on Wednesday, December 11th. Three research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $152.10.

Xylem Trading Up 0.7 %

Shares of NYSE XYL traded up $0.89 during trading hours on Friday, hitting $119.84. The company's stock had a trading volume of 1,396,460 shares, compared to its average volume of 1,010,634. Xylem Inc. has a 12 month low of $109.70 and a 12 month high of $146.08. The stock has a market cap of $29.11 billion, a price-to-earnings ratio of 35.04, a P/E/G ratio of 1.89 and a beta of 1.06. 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 business has a 50-day simple moving average of $121.08 and a 200-day simple moving average of $128.82.

Xylem (NYSE:XYL - Get Free Report) last issued its quarterly earnings data 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 firm had revenue of $2.10 billion for the quarter, compared to analyst estimates of $2.17 billion. Xylem had a return on equity of 9.61% and a net margin of 9.85%. The business's quarterly revenue was up .2% compared to the same quarter last year. During the same period last year, the company earned $0.99 EPS. On average, analysts anticipate that Xylem Inc. will post 4.23 earnings per share for the current fiscal year.

Xylem Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 24th. Stockholders of record on Tuesday, November 26th were paid a dividend of $0.36 per share. This represents a $1.44 dividend on an annualized basis and a dividend yield of 1.20%. The ex-dividend date of this dividend was Tuesday, November 26th. Xylem's payout ratio is 42.11%.

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.