Mitsubishi UFJ Trust & Banking Corp Sells 4,332 Shares of Xylem Inc. (NYSE:XYL)

Mitsubishi UFJ Trust & Banking Corp lowered its stake in Xylem Inc. (NYSE:XYL - Free Report) by 3.7% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 112,924 shares of the industrial products company's stock after selling 4,332 shares during the period. Mitsubishi UFJ Trust & Banking Corp's holdings in Xylem were worth $13,101,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Lee Danner & Bass Inc. bought a new position in shares of Xylem in the 4th quarter valued at approximately $30,000. Rialto Wealth Management LLC acquired a new stake in shares of Xylem in the fourth quarter worth $31,000. Heck Capital Advisors LLC bought a new stake in shares of Xylem during the 4th quarter worth $36,000. Pathway Financial Advisers LLC grew its stake 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 buying an additional 175 shares during the last quarter. Finally, SRS Capital Advisors Inc. raised its holdings in Xylem by 69.5% in 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. Institutional investors own 87.96% of the company's stock.

Xylem Price Performance

Shares of XYL stock traded up $0.07 during trading hours on Monday, hitting $119.51. The company had a trading volume of 1,694,833 shares, compared to its average volume of 1,313,718. Xylem Inc. has a 12 month low of $113.26 and a 12 month 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 firm's fifty day moving average is $125.70 and its 200 day moving average is $125.85. The firm has a market capitalization of $29.05 billion, a price-to-earnings ratio of 32.65, a PEG ratio of 2.33 and a beta of 1.08.

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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. Xylem had a return on equity of 9.96% and a net margin of 10.40%. The firm had revenue of $2.30 billion during the quarter, compared to analyst estimates of $2.18 billion. During the same period in the prior year, the company posted $0.99 earnings per share. The business's revenue for the quarter 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 fiscal year.

Xylem Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, March 19th. Shareholders of record on Tuesday, February 18th were given a $0.40 dividend. The ex-dividend date was Tuesday, February 18th. This is a positive change from Xylem's previous quarterly dividend of $0.36. This represents a $1.60 dividend on an annualized basis and a yield of 1.34%. Xylem's payout ratio is 43.72%.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on XYL. Wolfe Research reiterated a "peer perform" rating on shares of Xylem in a research note on Thursday, December 12th. Stifel Nicolaus cut their price target on Xylem from $166.00 to $150.00 and set a "buy" rating for the company in a report on Friday, January 24th. Robert W. Baird boosted their target price 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. Finally, Citigroup downgraded shares of Xylem from a "strong-buy" rating to a "hold" rating in a report on Wednesday, February 5th. Four investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $149.89.

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.