Xylem Inc. (NYSE:XYL) Stock Position Decreased by Oak Thistle LLC

Oak Thistle LLC lessened its stake in Xylem Inc. (NYSE:XYL - Free Report) by 55.5% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 4,717 shares of the industrial products company's stock after selling 5,878 shares during the period. Oak Thistle LLC's holdings in Xylem were worth $547,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of XYL. Swedbank AB raised its holdings in Xylem by 22.8% during the third quarter. Swedbank AB now owns 2,991,583 shares of the industrial products company's stock worth $403,953,000 after purchasing an additional 554,609 shares in the last quarter. Erste Asset Management GmbH bought a new position in Xylem during the third quarter valued at about $68,593,000. B. Metzler seel. Sohn & Co. Holding AG bought a new position in Xylem during the third quarter valued at about $52,169,000. Champlain Investment Partners LLC grew its holdings in Xylem by 17.8% during the third quarter. Champlain Investment Partners LLC now owns 1,657,785 shares of the industrial products company's stock worth $223,851,000 after acquiring an additional 249,975 shares during the period. Finally, State Street Corp raised its position in Xylem by 1.9% in the third quarter. State Street Corp now owns 10,329,494 shares of the industrial products company's stock worth $1,394,792,000 after acquiring an additional 189,820 shares in the last quarter. Institutional investors and hedge funds own 87.96% of the company's stock.

Xylem Stock Up 0.7 %

Shares of XYL stock traded up $0.89 on Friday, reaching $119.84. 1,396,460 shares of the company's stock traded hands, compared to its average volume of 1,303,005. The company has a market capitalization of $29.11 billion, a P/E ratio of 35.04, a price-to-earnings-growth ratio of 1.89 and a beta of 1.06. Xylem Inc. has a 12-month low of $109.70 and a 12-month high of $146.08. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.42 and a current ratio of 1.96. The business's 50 day moving average price is $121.17 and its two-hundred day moving average price is $128.90.

Xylem (NYSE:XYL - Get Free Report) last released its earnings results on Thursday, October 31st. The industrial products company reported $1.11 earnings per share for the quarter, meeting the consensus estimate of $1.11. The company had revenue of $2.10 billion for the quarter, compared to analysts' expectations of $2.17 billion. Xylem had a return on equity of 9.61% and a net margin of 9.85%. The business's revenue for the quarter was up .2% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.99 EPS. On average, equities analysts forecast that Xylem Inc. will post 4.23 earnings per share for the current year.

Xylem Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 24th. Shareholders of record on Tuesday, November 26th were given a $0.36 dividend. The ex-dividend date was Tuesday, November 26th. This represents a $1.44 dividend on an annualized basis and a yield of 1.20%. Xylem's payout ratio is 42.11%.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on XYL shares. Robert W. Baird lowered their price objective on shares of Xylem from $175.00 to $154.00 and set an "outperform" rating on the stock in a research note on Friday, November 1st. Wolfe Research restated a "peer perform" rating on shares of Xylem in a research report on Thursday, December 12th. Citigroup cut their price objective on Xylem from $148.00 to $147.00 and set a "buy" rating for the company in a research report on Monday. Royal Bank of Canada decreased their target price on Xylem from $163.00 to $162.00 and set an "outperform" rating on the stock in a report on Friday, November 1st. Finally, Stifel Nicolaus cut their target price on Xylem from $172.00 to $166.00 and set a "buy" rating on the stock in a research report on Wednesday, December 11th. Three investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $152.10.

Xylem Company 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.