Exencial Wealth Advisors LLC Invests $9.90 Million in Xylem Inc. (NYSE:XYL)

Exencial Wealth Advisors LLC purchased a new position in shares of Xylem Inc. (NYSE:XYL - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 85,305 shares of the industrial products company's stock, valued at approximately $9,897,000.

Other large investors have also recently added to or reduced their stakes in the company. Nordea Investment Management AB boosted its position in Xylem by 24.6% during the fourth quarter. Nordea Investment Management AB now owns 26,798 shares of the industrial products company's stock worth $3,125,000 after purchasing an additional 5,286 shares during the period. MML Investors Services LLC boosted its holdings in shares of Xylem by 66.9% during the 3rd quarter. MML Investors Services LLC now owns 15,935 shares of the industrial products company's stock worth $2,152,000 after buying an additional 6,386 shares during the period. Charles Schwab Investment Management Inc. grew its stake in Xylem by 0.4% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,345,768 shares of the industrial products company's stock valued at $181,719,000 after buying an additional 5,817 shares during the last quarter. Swedbank AB grew its stake in Xylem by 23.1% in the 4th quarter. Swedbank AB now owns 3,683,201 shares of the industrial products company's stock valued at $427,325,000 after buying an additional 691,618 shares during the last quarter. Finally, Groupama Asset Managment raised its holdings in Xylem by 89.6% in the 3rd quarter. Groupama Asset Managment now owns 16,340 shares of the industrial products company's stock valued at $2,206,000 after acquiring an additional 7,723 shares during the period. Institutional investors and hedge funds own 87.96% of the company's stock.

Analyst Ratings Changes

Several research firms have recently commented on XYL. Robert W. Baird upped their target price on Xylem from $139.00 to $148.00 and gave the company an "outperform" rating in a research report on Wednesday, February 5th. 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. Wolfe Research reissued a "peer perform" rating on shares of Xylem in a report on Thursday, December 12th. TD Cowen decreased their price target on shares of Xylem from $138.00 to $125.00 and set a "hold" rating on the stock in a research note on Wednesday, November 6th. Finally, Citigroup lowered shares of Xylem from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, February 5th. Four equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to MarketBeat.com, Xylem presently has an average rating of "Moderate Buy" and a consensus price target of $149.90.

Xylem Price Performance

Shares of NYSE XYL traded down $0.40 during trading hours on Thursday, hitting $129.27. 279,473 shares of the stock were exchanged, compared to its average volume of 1,194,122. The company's fifty day simple moving average is $123.29 and its two-hundred day simple moving average is $127.10. The company has a market cap of $31.41 billion, a PE ratio of 35.40, a price-to-earnings-growth ratio of 2.33 and a beta of 1.07. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.33 and a current ratio of 1.76. Xylem Inc. has a 1-year low of $113.26 and a 1-year 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 earnings per share for the quarter, beating analysts' consensus estimates of $1.12 by $0.06. Xylem had a return on equity of 9.96% and a net margin of 10.40%. The firm had revenue of $2.30 billion for the quarter, compared to the consensus estimate of $2.18 billion. During the same quarter last year, the business posted $0.99 EPS. The company's revenue was up 8.6% compared to the same quarter last year. On average, sell-side analysts predict that Xylem Inc. will post 4.65 EPS for the current year.

Xylem Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, March 19th. Stockholders of record on Tuesday, February 18th will be issued a $0.40 dividend. The ex-dividend date is Tuesday, February 18th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.24%. This is a boost from Xylem's previous quarterly dividend of $0.36. Xylem's dividend payout ratio is 43.72%.

About Xylem

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.