TT International Asset Management LTD Has $2.98 Million Holdings in Xylem Inc. (NYSE:XYL)

TT International Asset Management LTD increased its stake in shares of Xylem Inc. (NYSE:XYL - Free Report) by 70.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 25,653 shares of the industrial products company's stock after buying an additional 10,608 shares during the quarter. Xylem accounts for about 0.4% of TT International Asset Management LTD's investment portfolio, making the stock its 27th largest position. TT International Asset Management LTD's holdings in Xylem were worth $2,976,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently bought and sold shares of the company. Bangor Savings Bank lifted its holdings in shares of Xylem by 56.7% during the third quarter. Bangor Savings Bank now owns 235 shares of the industrial products company's stock valued at $32,000 after acquiring an additional 85 shares during the period. Mark Sheptoff Financial Planning LLC acquired a new stake in shares of Xylem during the 2nd quarter worth about $33,000. Assetmark Inc. lifted its holdings in Xylem by 3,887.5% during the 3rd quarter. Assetmark Inc. now owns 319 shares of the industrial products company's stock valued at $43,000 after purchasing an additional 311 shares during the last quarter. Versant Capital Management Inc boosted its position in Xylem by 318.2% in the fourth quarter. Versant Capital Management Inc now owns 368 shares of the industrial products company's stock valued at $43,000 after buying an additional 280 shares in the last quarter. Finally, Catalyst Capital Advisors LLC grew its stake in Xylem by 226.0% during the third quarter. Catalyst Capital Advisors LLC now owns 339 shares of the industrial products company's stock worth $46,000 after buying an additional 235 shares during the last quarter. 87.96% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the stock. Wolfe Research reiterated a "peer perform" rating on shares of Xylem in a research note on Thursday, December 12th. Royal Bank of Canada cut their price objective on Xylem from $163.00 to $162.00 and set an "outperform" rating for the company in a research report on Friday, November 1st. Citigroup reduced their price objective on Xylem from $148.00 to $147.00 and set a "buy" rating on the stock in a research note on Monday. Stifel Nicolaus lowered their target price on Xylem from $172.00 to $166.00 and set a "buy" rating for the company in a research note on Wednesday, December 11th. Finally, TD Cowen reduced their price target 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 equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $152.10.

Xylem Trading Up 1.4 %

Shares of NYSE:XYL traded up $1.62 during trading on Monday, hitting $115.64. 1,154,322 shares of the company's stock were exchanged, compared to its average volume of 1,142,042. The firm has a 50-day moving average price of $121.55 and a two-hundred day moving average price of $129.20. Xylem Inc. has a 1-year low of $109.39 and a 1-year high of $146.08. The firm has a market cap of $28.09 billion, a P/E ratio of 33.81, a PEG ratio of 2.22 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 (NYSE:XYL - Get Free Report) last posted its quarterly earnings results on Thursday, October 31st. The industrial products company reported $1.11 earnings per share for the quarter, meeting analysts' consensus estimates of $1.11. Xylem had a return on equity of 9.61% and a net margin of 9.85%. The company had revenue of $2.10 billion for the quarter, compared to the consensus estimate of $2.17 billion. During the same quarter in the prior year, the business posted $0.99 EPS. The firm's quarterly revenue was up .2% on a year-over-year basis. Equities analysts predict that Xylem Inc. will post 4.23 earnings per share for the current year.

Xylem Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 24th. Stockholders of record on Tuesday, November 26th were given a dividend of $0.36 per share. The ex-dividend date was Tuesday, November 26th. This represents a $1.44 annualized dividend and a dividend yield of 1.25%. Xylem's payout ratio is currently 42.11%.

About Xylem

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.