Dnca Finance Grows Stake in Xylem Inc. (NYSE:XYL)

Dnca Finance increased its stake in Xylem Inc. (NYSE:XYL - Free Report) by 40.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 91,500 shares of the industrial products company's stock after purchasing an additional 26,500 shares during the period. Dnca Finance's holdings in Xylem were worth $10,616,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Lee Danner & Bass Inc. bought a new position in shares of Xylem during the 4th quarter worth approximately $30,000. Rialto Wealth Management LLC acquired a new stake in shares of Xylem in the 4th quarter valued at approximately $31,000. Heck Capital Advisors LLC bought a new position in shares of Xylem in the fourth quarter valued at $36,000. Pathway Financial Advisers LLC grew its position in shares of Xylem by 122.4% in the 4th quarter. Pathway Financial Advisers LLC now owns 318 shares of the industrial products company's stock valued at $37,000 after acquiring an additional 175 shares during the period. Finally, SRS Capital Advisors Inc. raised its holdings in shares of Xylem by 69.5% in the 4th quarter. SRS Capital Advisors Inc. now owns 317 shares of the industrial products company's stock valued at $37,000 after purchasing an additional 130 shares during the period. 87.96% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several analysts have weighed in on XYL shares. Stifel Nicolaus dropped their price objective on shares of Xylem from $150.00 to $140.00 and set a "buy" rating for the company in a research note on Wednesday, April 16th. Citigroup lowered their price objective on shares of Xylem from $152.00 to $134.00 and set a "buy" rating for the company in a research report on Monday, April 14th. Finally, Robert W. Baird boosted their target price on Xylem from $139.00 to $148.00 and gave the stock an "outperform" rating in a research note on Wednesday, February 5th. Three investment analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $147.33.

Xylem Stock Up 1.6 %

Shares of NYSE XYL traded up $1.82 during mid-day trading on Wednesday, reaching $113.52. 1,773,220 shares of the company's stock traded hands, compared to its average volume of 1,394,649. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.76 and a quick ratio of 1.33. Xylem Inc. has a 1-year low of $100.47 and a 1-year high of $146.08. The stock has a market cap of $27.62 billion, a P/E ratio of 31.02, a PEG ratio of 2.33 and a beta of 1.08. The business has a 50-day simple moving average of $119.78 and a 200 day simple moving average of $122.84.

Xylem (NYSE:XYL - Get Free Report) last issued its quarterly earnings data 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 firm had revenue of $2.30 billion during the quarter, compared to the consensus estimate of $2.18 billion. Xylem had a return on equity of 9.96% and a net margin of 10.40%. The company's quarterly revenue was up 8.6% compared to the same quarter last year. During the same period in the prior year, the business posted $0.99 earnings per share. On average, analysts expect that Xylem Inc. will post 4.65 EPS for the current fiscal year.

Xylem Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 19th. Shareholders of record on Tuesday, February 18th were paid a $0.40 dividend. This is a positive change from Xylem's previous quarterly dividend of $0.36. The ex-dividend date was Tuesday, February 18th. This represents a $1.60 annualized dividend and a yield of 1.41%. Xylem's dividend payout ratio (DPR) is 43.72%.

Xylem 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.