Xylem Inc. (NYSE:XYL) Shares Sold by UniSuper Management Pty Ltd

UniSuper Management Pty Ltd reduced its stake in Xylem Inc. (NYSE:XYL - Free Report) by 46.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 109,847 shares of the industrial products company's stock after selling 94,002 shares during the quarter. UniSuper Management Pty Ltd's holdings in Xylem were worth $12,744,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in XYL. Vanguard Group Inc. grew its stake in Xylem by 1.1% in the 4th quarter. Vanguard Group Inc. now owns 28,644,417 shares of the industrial products company's stock worth $3,323,325,000 after acquiring an additional 303,854 shares during the period. State Street Corp grew its position in shares of Xylem by 1.9% in the third quarter. State Street Corp now owns 10,329,494 shares of the industrial products company's stock valued at $1,394,792,000 after purchasing an additional 189,820 shares during the period. Geode Capital Management LLC increased its stake in Xylem by 1.0% in the third quarter. Geode Capital Management LLC now owns 5,668,755 shares of the industrial products company's stock valued at $762,804,000 after purchasing an additional 54,877 shares during the last quarter. Impax Asset Management Group plc lifted its position in Xylem by 231.5% during the fourth quarter. Impax Asset Management Group plc now owns 5,561,661 shares of the industrial products company's stock worth $644,039,000 after buying an additional 3,883,845 shares during the period. Finally, Swedbank AB boosted its stake in Xylem by 23.1% in the 4th quarter. Swedbank AB now owns 3,683,201 shares of the industrial products company's stock worth $427,325,000 after buying an additional 691,618 shares during the last quarter. Institutional investors and hedge funds own 87.96% of the company's stock.

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Xylem Stock Up 0.3 %

Xylem stock traded up $0.35 during midday trading on Tuesday, hitting $119.81. 209,147 shares of the company were exchanged, compared to its average volume of 1,309,435. The company has a market cap of $29.12 billion, a PE ratio of 32.68, a price-to-earnings-growth ratio of 2.33 and a beta of 1.08. Xylem Inc. has a fifty-two week low of $113.26 and a fifty-two week high of $146.08. The company's fifty day moving average price is $125.69 and its 200-day moving average price is $125.77. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.76 and a quick ratio of 1.33.

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 for the quarter, beating the consensus estimate of $1.12 by $0.06. Xylem had a net margin of 10.40% and a return on equity of 9.96%. The business had revenue of $2.30 billion during the quarter, compared to the consensus estimate of $2.18 billion. During the same period in the prior year, the firm earned $0.99 earnings per share. The business's quarterly revenue was up 8.6% compared to the same quarter last year. On average, research analysts predict that Xylem Inc. will post 4.65 EPS for the current fiscal year.

Xylem Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 19th. Investors of record on Tuesday, February 18th were issued a $0.40 dividend. The ex-dividend date was Tuesday, February 18th. This represents a $1.60 dividend on an annualized basis and a yield of 1.34%. This is an increase from Xylem's previous quarterly dividend of $0.36. Xylem's dividend payout ratio is currently 43.72%.

Wall Street Analyst Weigh In

XYL has been the subject of a number of research analyst reports. Wolfe Research reaffirmed a "peer perform" rating on shares of Xylem in a research note on Thursday, December 12th. Citigroup downgraded shares of Xylem from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, February 5th. Robert W. Baird upped 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. Finally, Stifel Nicolaus reduced their target price on Xylem from $166.00 to $150.00 and set a "buy" rating on the stock in a report on Friday, January 24th. Four investment analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target 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.