Xylem Inc. (NYSE:XYL) Shares Acquired by HighPoint Advisor Group LLC

HighPoint Advisor Group LLC boosted its stake in shares of Xylem Inc. (NYSE:XYL - Free Report) by 101.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,881 shares of the industrial products company's stock after buying an additional 4,480 shares during the quarter. HighPoint Advisor Group LLC's holdings in Xylem were worth $1,117,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Franklin Resources Inc. boosted its position in shares of Xylem by 6.3% during the 4th quarter. Franklin Resources Inc. now owns 1,698,768 shares of the industrial products company's stock worth $197,091,000 after purchasing an additional 101,111 shares during the period. B. Metzler seel. Sohn & Co. AG lifted its stake in Xylem by 0.8% during the fourth quarter. B. Metzler seel. Sohn & Co. AG now owns 389,290 shares of the industrial products company's stock worth $45,166,000 after purchasing an additional 2,936 shares in the last quarter. Summit Financial LLC purchased a new position in shares of Xylem during the fourth quarter worth $675,000. AIA Group Ltd grew its stake in shares of Xylem by 7.5% in the fourth quarter. AIA Group Ltd now owns 2,017 shares of the industrial products company's stock valued at $234,000 after buying an additional 140 shares in the last quarter. Finally, Martin Currie Ltd. raised its holdings in shares of Xylem by 54.6% in the 4th quarter. Martin Currie Ltd. now owns 11,120 shares of the industrial products company's stock valued at $1,290,000 after buying an additional 3,927 shares during the period. Hedge funds and other institutional investors own 87.96% of the company's stock.

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Analyst Ratings Changes

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

Xylem Stock Down 5.9 %

Xylem stock traded down $6.53 during trading on Friday, reaching $104.46. The stock had a trading volume of 2,835,463 shares, compared to its average volume of 1,334,877. The company has a quick ratio of 1.33, a current ratio of 1.76 and a debt-to-equity ratio of 0.19. Xylem Inc. has a 52-week low of $104.32 and a 52-week high of $146.08. The stock has a market cap 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 business has a 50 day moving average price of $125.38 and a 200 day moving average price of $125.54.

Xylem (NYSE:XYL - Get Free Report) last released its quarterly earnings data on Tuesday, February 4th. The industrial products company reported $1.18 earnings per share (EPS) 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%. The company's revenue for the quarter was up 8.6% on a year-over-year basis. During the same period in the previous year, the company earned $0.99 EPS. On average, analysts predict that Xylem Inc. will post 4.65 EPS for the current year.

Xylem Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 19th. Stockholders of record on Tuesday, February 18th were given a dividend of $0.40 per share. This is a boost from Xylem's previous quarterly dividend of $0.36. This represents a $1.60 annualized dividend and a dividend yield of 1.53%. The ex-dividend date was Tuesday, February 18th. Xylem's dividend payout ratio is currently 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.