Edmond DE Rothschild Holding S.A. Has $6.61 Million Stake in Xylem Inc. (NYSE:XYL)

Edmond DE Rothschild Holding S.A. lessened its position in Xylem Inc. (NYSE:XYL - Free Report) by 4.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 56,972 shares of the industrial products company's stock after selling 2,881 shares during the period. Edmond DE Rothschild Holding S.A.'s holdings in Xylem were worth $6,610,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Public Sector Pension Investment Board increased its holdings in shares of Xylem by 12.8% during the 3rd quarter. Public Sector Pension Investment Board now owns 10,610 shares of the industrial products company's stock worth $1,433,000 after acquiring an additional 1,200 shares during the last quarter. Paloma Partners Management Co bought a new position in shares of Xylem in the third quarter valued at about $202,000. Benjamin Edwards Inc. bought a new position in shares of Xylem in the third quarter valued at about $1,550,000. Holocene Advisors LP lifted its stake in shares of Xylem by 4.3% during the 3rd quarter. Holocene Advisors LP now owns 270,610 shares of the industrial products company's stock worth $36,540,000 after buying an additional 11,042 shares during the last quarter. Finally, Hilltop Holdings Inc. boosted its holdings in shares of Xylem by 66.2% during the 3rd quarter. Hilltop Holdings Inc. now owns 8,305 shares of the industrial products company's stock worth $1,121,000 after buying an additional 3,308 shares during the period. 87.96% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts have weighed in on the stock. Robert W. Baird increased their price target on shares of Xylem from $139.00 to $148.00 and gave the company an "outperform" rating in a report on Wednesday, February 5th. Wolfe Research reiterated a "peer perform" rating on shares of Xylem in a research note on Thursday, December 12th. Citigroup cut Xylem from a "strong-buy" rating to a "hold" rating in a report on Wednesday, February 5th. Finally, Stifel Nicolaus decreased 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 assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $149.89.

Xylem Price Performance

NYSE XYL traded down $6.53 during midday trading on Friday, hitting $104.46. The company had a trading volume of 2,835,463 shares, compared to its average volume of 1,338,023. The firm has a 50-day moving average price of $125.04 and a 200-day moving average price of $125.29. The company has a market capitalization of $25.39 billion, a PE ratio of 28.54, a P/E/G ratio of 2.33 and a beta of 1.08. The company has a current ratio of 1.76, a quick ratio of 1.33 and a debt-to-equity ratio of 0.19. Xylem Inc. has a twelve month low of $104.24 and a twelve month high of $146.08.

Xylem (NYSE:XYL - Get Free Report) last posted its quarterly earnings data on Tuesday, February 4th. The industrial products company reported $1.18 earnings per share for the quarter, topping the consensus estimate of $1.12 by $0.06. The business had revenue of $2.30 billion during the quarter, compared to analysts' expectations of $2.18 billion. Xylem had a net margin of 10.40% and a return on equity of 9.96%. Xylem's revenue was up 8.6% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.99 earnings per share. As a group, analysts anticipate that Xylem Inc. will post 4.65 earnings per share for the current fiscal year.

Xylem Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 19th. Investors of record on Tuesday, February 18th were paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 1.53%. This is a boost from Xylem's previous quarterly dividend of $0.36. The ex-dividend date was Tuesday, February 18th. 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.