Edmond DE Rothschild Holding S.A. Reduces Stock Holdings in Xylem Inc. (NYSE:XYL)

Edmond DE Rothschild Holding S.A. decreased its holdings 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. The fund 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.

Several other large investors also recently added to or reduced their stakes in XYL. Lee Danner & Bass Inc. purchased a new position in shares of Xylem in the 4th quarter worth approximately $30,000. Rialto Wealth Management LLC purchased a new position in Xylem during the fourth quarter worth $31,000. Heck Capital Advisors LLC bought a new position in Xylem during the fourth quarter valued at $36,000. Pathway Financial Advisers LLC raised its stake in shares of Xylem by 122.4% in the fourth 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. lifted 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 worth $37,000 after acquiring an additional 130 shares during the last quarter. 87.96% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on XYL. Citigroup lowered shares of Xylem from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, February 5th. Robert W. Baird raised 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. Stifel Nicolaus cut their price objective on Xylem from $166.00 to $150.00 and set a "buy" rating on the stock in a research report on Friday, January 24th. Finally, Wolfe Research reiterated a "peer perform" rating on shares of Xylem in a research report on Thursday, December 12th. Four investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $149.89.

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Xylem Stock Down 6.8 %

NYSE XYL traded down $8.11 during midday trading on Thursday, hitting $110.94. 2,755,583 shares of the company traded hands, compared to its average volume of 1,328,179. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.76 and a quick ratio of 1.33. The company has a market cap of $26.96 billion, a PE ratio of 30.31, a price-to-earnings-growth ratio of 2.33 and a beta of 1.08. The company's 50-day simple moving average is $125.59 and its 200-day simple moving average is $125.65. Xylem Inc. has a 52 week low of $110.90 and a 52 week high of $146.08.

Xylem (NYSE:XYL - Get Free Report) last issued its quarterly earnings data 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. The company had revenue of $2.30 billion for 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 firm's revenue for the quarter was up 8.6% compared to the same quarter last year. During the same quarter last year, the company earned $0.99 earnings per share. As a group, equities research analysts forecast that Xylem Inc. will post 4.65 earnings per share for the current 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 dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 1.44%. The ex-dividend date of this dividend was Tuesday, February 18th. This is a positive change from Xylem's previous quarterly dividend of $0.36. Xylem's payout ratio is 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.