Terra Alpha Investments LLC Takes Position in Xylem Inc. (NYSE:XYL)

Terra Alpha Investments LLC 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 filing with the Securities & Exchange Commission. The institutional investor bought 33,248 shares of the industrial products company's stock, valued at approximately $3,857,000. Xylem makes up approximately 3.9% of Terra Alpha Investments LLC's portfolio, making the stock its 12th largest position.

Several other large investors have also recently bought and sold shares of the stock. Rialto Wealth Management LLC bought a new position in shares of Xylem in the fourth quarter valued at $31,000. Heck Capital Advisors LLC acquired a new position in Xylem during the fourth quarter worth approximately $36,000. Pathway Financial Advisers LLC increased its holdings in shares of Xylem by 122.4% during the 4th quarter. Pathway Financial Advisers LLC now owns 318 shares of the industrial products company's stock worth $37,000 after acquiring an additional 175 shares during the last quarter. SRS Capital Advisors Inc. raised its stake in 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 period. Finally, Assetmark Inc. boosted its position in Xylem by 3,887.5% during the third quarter. Assetmark Inc. now owns 319 shares of the industrial products company's stock worth $43,000 after purchasing an additional 311 shares during the period. 87.96% of the stock is owned by institutional investors and hedge funds.

Xylem Price Performance

Xylem stock traded down $1.57 during mid-day trading on Friday, reaching $118.27. 2,663,468 shares of the company were exchanged, compared to its average volume of 1,221,241. The firm has a market cap of $28.75 billion, a PE ratio of 32.31, a PEG ratio of 2.33 and a beta of 1.08. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.76 and a quick ratio of 1.33. The company has a fifty day simple moving average of $125.15 and a 200-day simple moving average of $126.28. Xylem Inc. has a 12 month low of $113.26 and a 12 month high of $146.08.

Remove Ads

Xylem (NYSE:XYL - Get Free Report) last issued its earnings results on Tuesday, February 4th. The industrial products company reported $1.18 EPS for the quarter, beating the consensus estimate of $1.12 by $0.06. The company had revenue of $2.30 billion during the quarter, compared to analysts' expectations of $2.18 billion. Xylem had a net margin of 10.40% and a return on equity of 9.96%. The business's revenue for the quarter was up 8.6% compared to the same quarter last year. During the same period in the previous year, the company earned $0.99 EPS. As a group, equities research analysts expect that Xylem Inc. will post 4.65 earnings per share for the current fiscal year.

Xylem Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 19th. Shareholders of record on Tuesday, February 18th were given a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 1.35%. The ex-dividend date of this dividend was Tuesday, February 18th. This is a boost from Xylem's previous quarterly dividend of $0.36. Xylem's payout ratio is currently 43.72%.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on XYL. Stifel Nicolaus cut their target price on shares of Xylem from $166.00 to $150.00 and set a "buy" rating for the company in a research note on Friday, January 24th. Robert W. Baird raised their price objective on shares of Xylem from $139.00 to $148.00 and gave the stock an "outperform" rating in a research report on Wednesday, February 5th. Citigroup downgraded Xylem from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, February 5th. Finally, Wolfe Research reissued a "peer perform" rating on shares of Xylem in a report on Thursday, December 12th. Four investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $149.89.

Xylem 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.