Lbp Am Sa Grows Position in Xylem Inc. (NYSE:XYL)

LBP AM SA raised its position in Xylem Inc. (NYSE:XYL - Free Report) by 12.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 404,433 shares of the industrial products company's stock after purchasing an additional 44,823 shares during the quarter. LBP AM SA owned 0.17% of Xylem worth $46,922,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Rialto Wealth Management LLC purchased a new position in Xylem in the 4th quarter valued at approximately $31,000. Heck Capital Advisors LLC acquired a new position in Xylem during the 4th quarter worth $36,000. Pathway Financial Advisers LLC raised its position in 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 in the last quarter. SRS Capital Advisors Inc. boosted its stake 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 valued at $37,000 after buying an additional 130 shares during the period. Finally, Assetmark Inc. grew its position 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 buying an additional 311 shares in the last quarter. 87.96% of the stock is currently owned by hedge funds and other institutional investors.

Xylem Stock Performance

Shares of NYSE XYL traded down $2.21 during midday trading on Tuesday, reaching $120.87. 1,346,585 shares of the company were exchanged, compared to its average volume of 1,209,674. The stock has a market cap of $29.38 billion, a P/E ratio of 33.03, a PEG ratio of 2.33 and a beta of 1.08. 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 stock has a fifty day simple moving average of $124.86 and a 200 day simple moving average of $126.48. Xylem Inc. has a 1 year low of $113.26 and a 1 year high of $146.08.

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

Xylem Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 19th. Investors of record on Tuesday, February 18th will be given a $0.40 dividend. The ex-dividend date of this dividend is Tuesday, February 18th. This represents a $1.60 dividend on an annualized basis and a yield of 1.32%. This is an increase from Xylem's previous quarterly dividend of $0.36. Xylem's dividend payout ratio (DPR) is presently 43.72%.

Wall Street Analysts Forecast Growth

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