Xylem Inc. (NYSE:XYL) Shares Purchased by Orion Portfolio Solutions LLC

Orion Portfolio Solutions LLC boosted its stake in shares of Xylem Inc. (NYSE:XYL - Free Report) by 56.7% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 7,656 shares of the industrial products company's stock after purchasing an additional 2,770 shares during the period. Orion Portfolio Solutions LLC's holdings in Xylem were worth $888,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the stock. Clear Creek Financial Management LLC raised its holdings in Xylem by 4.3% during the fourth quarter. Clear Creek Financial Management LLC now owns 2,315 shares of the industrial products company's stock valued at $269,000 after acquiring an additional 96 shares during the period. Bleakley Financial Group LLC raised its holdings in Xylem by 2.3% during the fourth quarter. Bleakley Financial Group LLC now owns 4,359 shares of the industrial products company's stock valued at $506,000 after acquiring an additional 96 shares during the period. U.S. Capital Wealth Advisors LLC raised its holdings in Xylem by 1.3% during the fourth quarter. U.S. Capital Wealth Advisors LLC now owns 7,868 shares of the industrial products company's stock valued at $913,000 after acquiring an additional 98 shares during the period. Mcrae Capital Management Inc. raised its holdings in Xylem by 2.9% during the fourth quarter. Mcrae Capital Management Inc. now owns 3,575 shares of the industrial products company's stock valued at $415,000 after acquiring an additional 100 shares during the period. Finally, Larson Financial Group LLC raised its holdings in Xylem by 24.0% during the fourth quarter. Larson Financial Group LLC now owns 521 shares of the industrial products company's stock valued at $60,000 after acquiring an additional 101 shares during the period. 87.96% of the stock is currently owned by hedge funds and other institutional investors.

Remove Ads

Xylem Stock Down 1.8 %

NYSE:XYL traded down $2.01 during trading hours on Thursday, reaching $108.49. The company's stock had a trading volume of 213,693 shares, compared to its average volume of 1,361,728. The company has a market capitalization of $26.40 billion, a P/E ratio of 29.64, a price-to-earnings-growth ratio of 2.33 and a beta of 1.08. Xylem Inc. has a 12 month low of $100.47 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 stock has a 50 day moving average price of $123.43 and a two-hundred day moving average price of $124.37.

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

Xylem Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 19th. Investors of record on Tuesday, February 18th were given a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 1.47%. This is an increase from Xylem's previous quarterly dividend of $0.36. The ex-dividend date was Tuesday, February 18th. Xylem's dividend payout ratio is presently 43.72%.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on XYL shares. Stifel Nicolaus decreased their price target on Xylem from $166.00 to $150.00 and set a "buy" rating on the stock in a report on Friday, January 24th. Robert W. Baird lifted their target price on Xylem from $139.00 to $148.00 and gave the stock an "outperform" rating in a report on Wednesday, February 5th. Citigroup lowered Xylem from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, February 5th. Finally, Wolfe Research restated a "peer perform" rating on shares of Xylem in a research report 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 company. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average 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.