New Age Alpha Advisors LLC Acquires Shares of 37,037 Xylem Inc. (NYSE:XYL)

New Age Alpha Advisors LLC bought a new stake in shares of Xylem Inc. (NYSE:XYL - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 37,037 shares of the industrial products company's stock, valued at approximately $4,297,000.

Several other large investors have also added to or reduced their stakes in XYL. Lee Danner & Bass Inc. acquired a new position in Xylem in the fourth quarter valued at approximately $30,000. Rialto Wealth Management LLC acquired a new position in shares of Xylem during the 4th quarter valued at $31,000. Heck Capital Advisors LLC bought a new position in Xylem during the fourth quarter worth $36,000. Pathway Financial Advisers LLC grew its holdings in 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 during the period. Finally, SRS Capital Advisors Inc. increased its stake in Xylem by 69.5% in the fourth quarter. SRS Capital Advisors Inc. now owns 317 shares of the industrial products company's stock valued at $37,000 after purchasing an additional 130 shares in the last quarter. Institutional investors and hedge funds own 87.96% of the company's stock.

Xylem Stock Up 0.1 %

Shares of XYL stock traded up $0.07 on Monday, hitting $119.51. The stock had a trading volume of 1,694,833 shares, compared to its average volume of 1,313,718. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.76 and a quick ratio of 1.33. The business has a 50 day moving average of $125.70 and a 200 day moving average of $125.85. Xylem Inc. has a 12-month low of $113.26 and a 12-month high of $146.08. The stock has a market cap of $29.05 billion, a price-to-earnings ratio of 32.65, a price-to-earnings-growth ratio of 2.33 and a beta of 1.08.

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Xylem (NYSE:XYL - Get Free Report) last issued its quarterly earnings results on Tuesday, February 4th. The industrial products company reported $1.18 EPS for the quarter, beating 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 return on equity of 9.96% and a net margin of 10.40%. Xylem's revenue was up 8.6% on a year-over-year basis. During the same period last year, the business posted $0.99 earnings per share. As a group, analysts expect that Xylem Inc. will post 4.65 EPS for the current year.

Xylem Increases Dividend

The business also recently announced 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 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 1.34%. The ex-dividend date was Tuesday, February 18th. Xylem's dividend payout ratio is currently 43.72%.

Analysts Set New Price Targets

XYL has been the topic of a number of research analyst reports. Robert W. Baird increased their price objective 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. Wolfe Research reiterated a "peer perform" rating on shares of Xylem in a report on Thursday, December 12th. Citigroup downgraded Xylem from a "strong-buy" rating to a "hold" rating in a report on Wednesday, February 5th. Finally, Stifel Nicolaus reduced their price target 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. Four investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has an average 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.