Generali Investments CEE investicni spolecnost a.s. Takes Position in Xylem Inc. (NYSE:XYL)

Generali Investments CEE investicni spolecnost a.s. bought a new stake in Xylem Inc. (NYSE:XYL - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 7,950 shares of the industrial products company's stock, valued at approximately $922,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Heck Capital Advisors LLC bought a new position in shares of Xylem during the fourth quarter valued at $36,000. Pathway Financial Advisers LLC boosted its stake 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 purchasing an additional 175 shares during the last quarter. SRS Capital Advisors Inc. grew its holdings in Xylem by 69.5% during 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 period. Assetmark Inc. grew its stake in shares of Xylem by 3,887.5% during the third quarter. Assetmark Inc. now owns 319 shares of the industrial products company's stock worth $43,000 after purchasing an additional 311 shares during the period. Finally, Versant Capital Management Inc increased its stake in shares of Xylem by 318.2% in the 4th quarter. Versant Capital Management Inc now owns 368 shares of the industrial products company's stock valued at $43,000 after acquiring an additional 280 shares during the last quarter. Institutional investors own 87.96% of the company's stock.

Wall Street Analysts Forecast Growth

XYL has been the subject of a number of recent analyst reports. Stifel Nicolaus lowered their price objective on shares of Xylem from $166.00 to $150.00 and set a "buy" rating for the company in a research report on Friday, January 24th. Robert W. Baird lifted 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. Wolfe Research reaffirmed a "peer perform" rating on shares of Xylem in a research report on Thursday, December 12th. Finally, Citigroup cut Xylem from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, February 5th. Four investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $149.90.

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Xylem Price Performance

Shares of NYSE XYL traded down $0.64 during midday trading on Wednesday, reaching $122.99. The company's stock had a trading volume of 1,117,979 shares, compared to its average volume of 1,204,466. The company has a market cap of $29.89 billion, a P/E ratio of 33.60, a P/E/G ratio of 2.33 and a beta of 1.08. Xylem Inc. has a fifty-two week low of $113.26 and a fifty-two week high of $146.08. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.33 and a current ratio of 1.76. The business's 50 day moving average price is $124.39 and its two-hundred day moving average price is $126.86.

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

Xylem Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, March 19th. Stockholders of record on Tuesday, February 18th will be paid a $0.40 dividend. This is an increase from Xylem's previous quarterly dividend of $0.36. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.30%. The ex-dividend date is Tuesday, February 18th. Xylem's dividend payout ratio (DPR) is presently 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.