Stifel Financial Corp Boosts Stock Holdings in Xylem Inc. (NYSE:XYL)

Stifel Financial Corp increased its position in shares of Xylem Inc. (NYSE:XYL - Free Report) by 2.4% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 204,581 shares of the industrial products company's stock after buying an additional 4,860 shares during the period. Stifel Financial Corp owned 0.08% of Xylem worth $23,738,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Dempze Nancy E grew its position in shares of Xylem by 0.3% during the 4th quarter. Dempze Nancy E now owns 25,761 shares of the industrial products company's stock worth $2,989,000 after buying an additional 88 shares during the period. Townsquare Capital LLC raised its holdings in shares of Xylem by 0.8% during the fourth quarter. Townsquare Capital LLC now owns 11,074 shares of the industrial products company's stock valued at $1,285,000 after purchasing an additional 88 shares during the period. Clear Creek Financial Management LLC boosted its position in shares of Xylem by 4.3% during the 4th quarter. Clear Creek Financial Management LLC now owns 2,315 shares of the industrial products company's stock worth $269,000 after purchasing an additional 96 shares in the last quarter. Bleakley Financial Group LLC grew its stake in shares of Xylem by 2.3% in the 4th quarter. Bleakley Financial Group LLC now owns 4,359 shares of the industrial products company's stock valued at $506,000 after buying an additional 96 shares during the period. Finally, U.S. Capital Wealth Advisors LLC raised its stake in Xylem by 1.3% during the 4th quarter. U.S. Capital Wealth Advisors LLC now owns 7,868 shares of the industrial products company's stock worth $913,000 after buying an additional 98 shares during the period. Institutional investors and hedge funds own 87.96% of the company's stock.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on XYL shares. Robert W. Baird lifted their price target on shares of Xylem from $139.00 to $148.00 and gave the company an "outperform" rating in a research report on Wednesday, February 5th. Stifel Nicolaus reduced their price objective on shares of Xylem from $150.00 to $140.00 and set a "buy" rating for the company in a report on Wednesday, April 16th. Finally, Citigroup decreased their target price on shares of Xylem from $152.00 to $134.00 and set a "buy" rating for the company in a research report on Monday, April 14th. Three analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to MarketBeat.com, Xylem presently has a consensus rating of "Moderate Buy" and a consensus price target of $147.33.

Xylem Stock Up 0.5 %

XYL stock traded up $0.62 during trading on Friday, reaching $116.23. The stock had a trading volume of 1,923,112 shares, compared to its average volume of 1,404,520. 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 has a market capitalization of $28.28 billion, a price-to-earnings ratio of 31.76, a P/E/G ratio of 2.33 and a beta of 1.08. Xylem Inc. has a one year low of $100.47 and a one year high of $146.08. The company's 50 day moving average is $118.90 and its two-hundred day moving average is $122.35.

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, topping the consensus estimate of $1.12 by $0.06. The business had revenue of $2.30 billion for the quarter, compared to analysts' expectations of $2.18 billion. Xylem had a return on equity of 9.96% and a net margin of 10.40%. The business's revenue was up 8.6% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.99 earnings per share. Equities research analysts forecast that Xylem Inc. will post 4.65 EPS for the current year.

Xylem Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, March 19th. Stockholders of record on Tuesday, February 18th were paid a dividend of $0.40 per share. 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 annualized dividend and a dividend yield of 1.38%. Xylem's dividend payout ratio is presently 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.