Xylem Inc. (NYSE:XYL) Shares Bought by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC raised its position in Xylem Inc. (NYSE:XYL - Free Report) by 10.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 82,149 shares of the industrial products company's stock after purchasing an additional 7,945 shares during the quarter. Commonwealth Equity Services LLC's holdings in Xylem were worth $9,531,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Rialto Wealth Management LLC purchased a new stake in shares of Xylem during the 4th quarter valued at about $31,000. Heck Capital Advisors LLC purchased a new stake in shares of Xylem during the 4th quarter valued at about $36,000. SRS Capital Advisors Inc. raised its holdings in shares of Xylem by 69.5% during the 4th 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. Pathway Financial Advisers LLC raised its holdings in shares of Xylem by 122.4% during the 4th quarter. Pathway Financial Advisers LLC now owns 318 shares of the industrial products company's stock valued at $37,000 after buying an additional 175 shares during the period. Finally, Versant Capital Management Inc raised its holdings in shares of Xylem by 318.2% during the 4th quarter. Versant Capital Management Inc now owns 368 shares of the industrial products company's stock valued at $43,000 after buying an additional 280 shares during the period. 87.96% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the company. Robert W. Baird raised their target price on Xylem from $139.00 to $148.00 and gave the company an "outperform" rating in a report on Wednesday, February 5th. Citigroup downgraded Xylem from a "strong-buy" rating to a "hold" rating in a report on Wednesday, February 5th. Wolfe Research restated a "peer perform" rating on shares of Xylem in a report on Thursday, December 12th. Finally, Stifel Nicolaus dropped their price objective on Xylem from $166.00 to $150.00 and set a "buy" rating on the stock in a report on Friday, January 24th. Four research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to MarketBeat.com, Xylem currently has an average rating of "Moderate Buy" and a consensus target price of $149.89.

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Xylem Stock Performance

Shares of XYL traded down $1.57 during mid-day trading on Friday, hitting $118.27. The stock had a trading volume of 2,663,468 shares, compared to its average volume of 1,223,676. The company has a market cap of $28.75 billion, a PE ratio of 32.31, a PEG ratio of 2.33 and a beta of 1.08. The company's fifty day simple moving average is $125.24 and its two-hundred day simple moving average is $126.12. 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 fifty-two week low of $113.26 and a fifty-two week high of $146.08.

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

Xylem Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 19th. Investors of record on Tuesday, February 18th were given a dividend of $0.40 per share. The ex-dividend date was Tuesday, February 18th. This represents a $1.60 dividend on an annualized basis and a yield of 1.35%. This is a positive change from Xylem's previous quarterly dividend of $0.36. Xylem's payout ratio is currently 43.72%.

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.