Vontobel Holding Ltd. Sells 125,155 Shares of Xylem Inc. (NYSE:XYL)

Vontobel Holding Ltd. decreased its position in Xylem Inc. (NYSE:XYL - Free Report) by 15.0% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 707,263 shares of the industrial products company's stock after selling 125,155 shares during the period. Vontobel Holding Ltd. owned about 0.29% of Xylem worth $82,057,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently bought and sold shares of XYL. Swedbank AB lifted 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 valued at $427,325,000 after acquiring an additional 691,618 shares in the last quarter. Erste Asset Management GmbH bought a new stake in shares of Xylem during the 3rd quarter worth approximately $68,593,000. B. Metzler seel. Sohn & Co. Holding AG bought a new stake in shares of Xylem during the 3rd quarter worth approximately $52,169,000. Champlain Investment Partners LLC raised its stake in shares of Xylem by 17.8% during the 3rd quarter. Champlain Investment Partners LLC now owns 1,657,785 shares of the industrial products company's stock worth $223,851,000 after purchasing an additional 249,975 shares in the last quarter. Finally, State Street Corp raised its stake in shares of Xylem by 1.9% during the 3rd quarter. State Street Corp now owns 10,329,494 shares of the industrial products company's stock worth $1,394,792,000 after purchasing an additional 189,820 shares in the last quarter. Institutional investors own 87.96% of the company's stock.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on XYL. Wolfe Research reiterated a "peer perform" rating on shares of Xylem in a research note on Thursday, December 12th. Stifel Nicolaus dropped their price objective on Xylem from $166.00 to $150.00 and set a "buy" rating on the stock in a research note on Friday, January 24th. Citigroup cut Xylem from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, February 5th. Royal Bank of Canada dropped their price objective on Xylem from $163.00 to $162.00 and set an "outperform" rating on the stock in a research note on Friday, November 1st. Finally, Robert W. Baird upped their price objective on Xylem from $139.00 to $148.00 and gave the stock an "outperform" rating in a research note on Wednesday, February 5th. Four research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $149.90.

Xylem Stock Performance

Shares of XYL stock traded up $1.05 during trading on Tuesday, reaching $130.43. 1,132,052 shares of the company's stock were exchanged, compared to its average volume of 1,361,140. The company has a quick ratio of 1.42, a current ratio of 1.76 and a debt-to-equity ratio of 0.19. The stock has a market capitalization of $31.69 billion, a PE ratio of 35.64, a PEG ratio of 2.36 and a beta of 1.07. Xylem Inc. has a twelve month low of $113.26 and a twelve month high of $146.08. The firm's fifty day moving average price is $121.36 and its 200-day moving average price is $127.14.

Xylem (NYSE:XYL - Get Free Report) last issued its quarterly earnings data on Tuesday, February 4th. The industrial products company reported $1.18 EPS for the quarter, beating analysts' consensus estimates of $1.12 by $0.06. Xylem had a return on equity of 9.96% and a net margin of 10.40%. The firm had revenue of $2.30 billion for the quarter, compared to analyst estimates of $2.18 billion. During the same period in the prior year, the firm posted $0.99 EPS. The company's revenue for the quarter was up 8.6% on a year-over-year basis. As a group, sell-side analysts anticipate that Xylem Inc. will post 4.66 EPS for the current year.

Xylem Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 19th. Shareholders of record on Tuesday, February 18th will be issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 1.23%. This is a positive change from Xylem's previous quarterly dividend of $0.36. The ex-dividend date is Tuesday, February 18th. Xylem's dividend payout ratio is currently 39.34%.

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.