Quantbot Technologies LP Cuts Position in Xylem Inc. (NYSE:XYL)

Quantbot Technologies LP lowered its position in Xylem Inc. (NYSE:XYL - Free Report) by 63.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,969 shares of the industrial products company's stock after selling 5,130 shares during the quarter. Quantbot Technologies LP's holdings in Xylem were worth $344,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Lee Danner & Bass Inc. purchased a new stake in shares of Xylem in the 4th quarter valued at $30,000. Rialto Wealth Management LLC purchased a new stake in Xylem during the fourth quarter valued at about $31,000. Heck Capital Advisors LLC bought a new position in shares of Xylem during the fourth quarter valued at about $36,000. Pathway Financial Advisers LLC increased its holdings 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 buying an additional 175 shares during the period. Finally, SRS Capital Advisors Inc. lifted its stake in shares of Xylem by 69.5% in the 4th quarter. SRS Capital Advisors Inc. now owns 317 shares of the industrial products company's stock valued at $37,000 after acquiring an additional 130 shares during the last quarter. 87.96% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

XYL has been the topic of several recent research reports. Robert W. Baird raised their price target on Xylem from $139.00 to $148.00 and gave the stock an "outperform" rating in a research report on Wednesday, February 5th. Wolfe Research reaffirmed a "peer perform" rating on shares of Xylem in a research note on Thursday, December 12th. Citigroup cut shares of Xylem from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, February 5th. Finally, Stifel Nicolaus decreased their price objective on shares of Xylem from $166.00 to $150.00 and set a "buy" rating on the stock in a research report on Friday, January 24th. Four research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company's stock. According to data from MarketBeat.com, Xylem currently has an average rating of "Moderate Buy" and an average price target of $149.89.

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Xylem Trading Up 0.1 %

Shares of XYL traded up $0.07 during trading hours on Monday, reaching $119.51. 1,694,833 shares of the company traded hands, compared to its average volume of 1,486,894. Xylem Inc. has a 12 month low of $113.26 and a 12 month high of $146.08. The company has a quick ratio of 1.33, a current ratio of 1.76 and a debt-to-equity ratio of 0.19. The company's fifty day moving average price is $125.70 and its two-hundred day moving average price is $125.85. The company has a market capitalization 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.

Xylem (NYSE:XYL - Get Free Report) last posted its quarterly earnings data on Tuesday, February 4th. The industrial products company reported $1.18 earnings per share for the quarter, beating 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 business had revenue of $2.30 billion for the quarter, compared to analysts' expectations of $2.18 billion. During the same period in the previous year, the firm posted $0.99 EPS. The business's revenue was up 8.6% on a year-over-year basis. Equities research analysts predict that Xylem Inc. will post 4.65 earnings per share for the current fiscal year.

Xylem Increases Dividend

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

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.