Xylem Inc. (NYSE:XYL) Stock Position Decreased by Machina Capital S.A.S.

Machina Capital S.A.S. trimmed its holdings in Xylem Inc. (NYSE:XYL - Free Report) by 68.5% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,920 shares of the industrial products company's stock after selling 6,342 shares during the period. Machina Capital S.A.S.'s holdings in Xylem were worth $339,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. Heck Capital Advisors LLC acquired a new stake in shares of Xylem during the 4th quarter valued at approximately $36,000. Pathway Financial Advisers LLC grew its stake in shares of Xylem by 122.4% in the fourth quarter. Pathway Financial Advisers LLC now owns 318 shares of the industrial products company's stock worth $37,000 after purchasing an additional 175 shares in the last quarter. SRS Capital Advisors Inc. grew its stake in shares of Xylem by 69.5% in the fourth quarter. SRS Capital Advisors Inc. now owns 317 shares of the industrial products company's stock worth $37,000 after purchasing an additional 130 shares in the last quarter. Assetmark Inc. grew its stake in shares of Xylem by 3,887.5% in 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 in the last quarter. Finally, Versant Capital Management Inc grew its stake in shares of Xylem by 318.2% in the fourth quarter. Versant Capital Management Inc now owns 368 shares of the industrial products company's stock worth $43,000 after purchasing an additional 280 shares in the last quarter. 87.96% of the stock is owned by institutional investors and hedge funds.

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Xylem Stock Down 0.5 %

Xylem stock traded down $0.64 during mid-day trading on Wednesday, hitting $122.99. The company's stock had a trading volume of 1,117,979 shares, compared to its average volume of 1,205,165. The firm's 50 day moving average is $124.53 and its 200 day moving average is $126.83. The company has a market cap of $29.89 billion, a PE ratio of 33.60, a price-to-earnings-growth ratio of 2.33 and a beta of 1.08. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.76 and a quick ratio of 1.33. Xylem Inc. has a 52-week low of $113.26 and a 52-week high of $146.08.

Xylem (NYSE:XYL - Get Free Report) last posted its quarterly earnings results on Tuesday, February 4th. The industrial products company reported $1.18 earnings per share for the quarter, topping 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 company had revenue of $2.30 billion during the quarter, compared to the consensus estimate of $2.18 billion. During the same period last year, the business earned $0.99 EPS. The business's quarterly revenue was up 8.6% on a year-over-year basis. On average, analysts anticipate that Xylem Inc. will post 4.65 earnings per share for the current year.

Xylem Increases Dividend

The company 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 dividend of $0.40 per share. The ex-dividend date is Tuesday, February 18th. 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%. Xylem's dividend payout ratio (DPR) is 43.72%.

Analyst Ratings Changes

XYL has been the subject of several research reports. Wolfe Research reaffirmed a "peer perform" rating on shares of Xylem in a research note on Thursday, December 12th. 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. Robert W. Baird raised their target price on Xylem from $139.00 to $148.00 and gave the company an "outperform" rating in a research note on Wednesday, February 5th. Finally, Citigroup cut Xylem from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, February 5th. Four equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $149.90.

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.