12,462 Shares in Xylem Inc. (NYSE:XYL) Purchased by Semanteon Capital Management LP

Semanteon Capital Management LP bought a new position in shares of Xylem Inc. (NYSE:XYL - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 12,462 shares of the industrial products company's stock, valued at approximately $1,446,000.

Several other institutional investors have also modified their holdings of XYL. Clear Creek Financial Management LLC raised its position in Xylem by 4.3% in the 4th quarter. Clear Creek Financial Management LLC now owns 2,315 shares of the industrial products company's stock valued at $269,000 after purchasing an additional 96 shares during the last quarter. Bleakley Financial Group LLC grew its position 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 worth $506,000 after buying an additional 96 shares during the period. U.S. Capital Wealth Advisors LLC increased its stake in Xylem by 1.3% in the 4th quarter. U.S. Capital Wealth Advisors LLC now owns 7,868 shares of the industrial products company's stock valued at $913,000 after purchasing an additional 98 shares in the last quarter. Mcrae Capital Management Inc. increased its position in shares of Xylem by 2.9% in the fourth quarter. Mcrae Capital Management Inc. now owns 3,575 shares of the industrial products company's stock valued at $415,000 after buying an additional 100 shares in the last quarter. Finally, Larson Financial Group LLC raised its position in Xylem by 24.0% during the fourth quarter. Larson Financial Group LLC now owns 521 shares of the industrial products company's stock worth $60,000 after acquiring an additional 101 shares during the last quarter. Hedge funds and other institutional investors own 87.96% of the company's stock.

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Xylem Stock Up 2.1 %

NYSE XYL traded up $2.54 on Tuesday, hitting $123.34. 1,745,429 shares of the stock traded hands, compared to its average volume of 1,226,600. The company has a current ratio of 1.76, a quick ratio of 1.33 and a debt-to-equity ratio of 0.19. The company has a market capitalization of $29.98 billion, a P/E ratio of 33.70, a price-to-earnings-growth ratio of 2.33 and a beta of 1.08. Xylem Inc. has a twelve month low of $113.26 and a twelve month high of $146.08. The stock has a 50-day moving average of $125.34 and a 200 day moving average of $126.05.

Xylem (NYSE:XYL - Get Free Report) last announced its earnings results on Tuesday, February 4th. The industrial products company reported $1.18 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.12 by $0.06. Xylem had a net margin of 10.40% and a return on equity of 9.96%. The firm had revenue of $2.30 billion during the quarter, compared to analyst estimates of $2.18 billion. During the same quarter in the prior year, the firm posted $0.99 EPS. Xylem's revenue was up 8.6% compared to the same quarter last year. As a group, analysts expect that Xylem Inc. will post 4.65 earnings per share 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 issued a dividend of $0.40 per share. This is a boost 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 annualized dividend and a yield of 1.30%. Xylem's payout ratio is presently 43.72%.

Analysts Set New Price Targets

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

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.