Retireful LLC acquired a new stake in Xylem Inc. (NYSE:XYL - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 5,862 shares of the industrial products company's stock, valued at approximately $680,000.
Several other large investors have also bought and sold shares of XYL. Envestnet Asset Management Inc. raised its holdings in Xylem by 3.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 366,038 shares of the industrial products company's stock worth $49,646,000 after purchasing an additional 13,671 shares during the last quarter. Dimensional Fund Advisors LP increased its position in shares of Xylem by 8.3% during the second quarter. Dimensional Fund Advisors LP now owns 1,474,033 shares of the industrial products company's stock worth $199,930,000 after buying an additional 113,571 shares during the period. Citizens Financial Group Inc. RI raised its stake in Xylem by 23.7% during the second quarter. Citizens Financial Group Inc. RI now owns 2,424 shares of the industrial products company's stock worth $329,000 after buying an additional 465 shares during the last quarter. Bradley Foster & Sargent Inc. CT lifted its holdings in Xylem by 0.7% in the second quarter. Bradley Foster & Sargent Inc. CT now owns 47,883 shares of the industrial products company's stock valued at $6,494,000 after buying an additional 351 shares during the period. Finally, Wealth Alliance boosted its position in Xylem by 10.0% during the second quarter. Wealth Alliance now owns 1,855 shares of the industrial products company's stock valued at $252,000 after acquiring an additional 169 shares during the last quarter. 87.96% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In
XYL has been the subject of several research analyst reports. Citigroup lowered 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. Wolfe Research reiterated a "peer perform" rating on shares of Xylem in a report on Thursday, December 12th. Royal Bank of Canada cut their price target on Xylem from $163.00 to $162.00 and set an "outperform" rating on the stock in a report on Friday, November 1st. Stifel Nicolaus reduced their price objective on shares of Xylem from $172.00 to $166.00 and set a "buy" rating for the company in a research report on Wednesday, December 11th. Finally, TD Cowen dropped their target price on shares of Xylem from $138.00 to $125.00 and set a "hold" rating on the stock in a research report on Wednesday, November 6th. Three analysts have rated the stock with a hold rating and eight have given a buy rating to the company's stock. According to data from MarketBeat, Xylem has a consensus rating of "Moderate Buy" and a consensus price target of $152.10.
View Our Latest Report on XYL
Xylem Stock Up 0.7 %
Shares of XYL traded up $0.89 on Friday, reaching $119.84. The company's stock had a trading volume of 1,396,460 shares, compared to its average volume of 1,303,005. The stock has a market capitalization of $29.11 billion, a PE ratio of 35.04, a PEG ratio of 1.89 and a beta of 1.06. The company has a current ratio of 1.96, a quick ratio of 1.42 and a debt-to-equity ratio of 0.19. Xylem Inc. has a twelve month low of $109.70 and a twelve month high of $146.08. The firm has a fifty day moving average of $121.17 and a 200-day moving average of $128.90.
Xylem (NYSE:XYL - Get Free Report) last issued its quarterly earnings data on Thursday, October 31st. The industrial products company reported $1.11 EPS for the quarter, hitting the consensus estimate of $1.11. The firm had revenue of $2.10 billion during the quarter, compared to the consensus estimate of $2.17 billion. Xylem had a return on equity of 9.61% and a net margin of 9.85%. The company's quarterly revenue was up .2% compared to the same quarter last year. During the same period in the prior year, the business posted $0.99 earnings per share. Equities analysts predict that Xylem Inc. will post 4.23 EPS for the current year.
Xylem Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 24th. Shareholders of record on Tuesday, November 26th were issued a dividend of $0.36 per share. This represents a $1.44 dividend on an annualized basis and a yield of 1.20%. The ex-dividend date of this dividend was Tuesday, November 26th. Xylem's dividend payout ratio is 42.11%.
Xylem Profile
(
Free Report)
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.
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