EntryPoint Capital LLC Makes New Investment in Xylem Inc. (NYSE:XYL)

EntryPoint Capital LLC purchased a new stake in Xylem Inc. (NYSE:XYL - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 3,987 shares of the industrial products company's stock, valued at approximately $463,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Lee Danner & Bass Inc. purchased a new stake in Xylem in the fourth quarter worth $30,000. Rialto Wealth Management LLC bought a new stake in shares of Xylem in the fourth quarter valued at approximately $31,000. Heck Capital Advisors LLC purchased a new stake in shares of Xylem during the 4th quarter valued at approximately $36,000. Pathway Financial Advisers LLC boosted its holdings in Xylem by 122.4% in the 4th quarter. Pathway Financial Advisers LLC now owns 318 shares of the industrial products company's stock worth $37,000 after buying an additional 175 shares during the period. Finally, SRS Capital Advisors Inc. grew its stake in 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 buying an additional 130 shares in the last quarter. Institutional investors own 87.96% of the company's stock.

Xylem Stock Performance

NYSE:XYL traded down $2.60 during trading hours on Friday, reaching $119.42. The company had a trading volume of 1,589,726 shares, compared to its average volume of 1,312,194. The firm has a market cap of $29.02 billion, a price-to-earnings ratio of 32.63, a PEG ratio of 2.33 and a beta of 1.08. Xylem Inc. has a 52 week low of $113.26 and a 52 week high of $146.08. The company has a current ratio of 1.76, a quick ratio of 1.33 and a debt-to-equity ratio of 0.19. The firm's 50 day moving average price is $125.70 and its 200-day moving average price is $125.88.

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Xylem (NYSE:XYL - Get Free Report) last posted its earnings results 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%. Xylem's revenue was up 8.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.99 earnings per share. On average, analysts forecast that Xylem Inc. will post 4.65 EPS for the current year.

Xylem Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 19th. Shareholders of record on Tuesday, February 18th were given a $0.40 dividend. The ex-dividend date was Tuesday, February 18th. This is an increase from Xylem's previous quarterly dividend of $0.36. This represents a $1.60 annualized dividend and a yield of 1.34%. Xylem's dividend payout ratio (DPR) is presently 43.72%.

Analysts Set New Price Targets

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

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.