Champlain Investment Partners LLC Acquires 112,010 Shares of Xylem Inc. (NYSE:XYL)

Champlain Investment Partners LLC lifted its holdings in shares of Xylem Inc. (NYSE:XYL - Free Report) by 6.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,769,795 shares of the industrial products company's stock after buying an additional 112,010 shares during the quarter. Xylem comprises 1.3% of Champlain Investment Partners LLC's investment portfolio, making the stock its 22nd biggest position. Champlain Investment Partners LLC owned about 0.73% of Xylem worth $205,332,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Lee Danner & Bass Inc. purchased a new position in shares of Xylem in the fourth quarter valued at $30,000. Rialto Wealth Management LLC purchased a new stake in shares of Xylem in the fourth quarter worth about $31,000. Heck Capital Advisors LLC bought a new position in shares of Xylem in the fourth quarter valued at approximately $36,000. Pathway Financial Advisers LLC grew its stake in Xylem by 122.4% during the fourth quarter. Pathway Financial Advisers LLC now owns 318 shares of the industrial products company's stock valued at $37,000 after acquiring an additional 175 shares in the last quarter. Finally, SRS Capital Advisors Inc. increased its holdings in Xylem by 69.5% during the 4th quarter. SRS Capital Advisors Inc. now owns 317 shares of the industrial products company's stock worth $37,000 after acquiring an additional 130 shares during the period. 87.96% of the stock is owned by institutional investors.

Xylem Trading Up 2.2 %

Shares of Xylem stock traded up $2.39 during trading on Tuesday, reaching $110.91. The company's stock had a trading volume of 652,893 shares, compared to its average volume of 1,385,049. The company has a market cap of $26.99 billion, a price-to-earnings ratio of 30.29, a PEG ratio of 2.33 and a beta of 1.08. The firm's 50-day moving average is $120.17 and its two-hundred day moving average is $122.92. Xylem Inc. has a 52-week low of $100.47 and a 52-week high of $146.08. The company has a quick ratio of 1.33, a current ratio of 1.76 and a debt-to-equity ratio of 0.19.

Xylem (NYSE:XYL - Get Free Report) last issued 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 return on equity of 9.96% and a net margin of 10.40%. The company had revenue of $2.30 billion during the quarter, compared to analysts' expectations of $2.18 billion. During the same period in the prior year, the business posted $0.99 EPS. Xylem's quarterly revenue was up 8.6% compared to the same quarter last year. On average, sell-side analysts anticipate that Xylem Inc. will post 4.65 earnings per share for the current year.

Xylem Increases Dividend

The company also recently disclosed 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 represents a $1.60 annualized dividend and a dividend yield of 1.44%. This is an increase from Xylem's previous quarterly dividend of $0.36. The ex-dividend date was Tuesday, February 18th. Xylem's dividend payout ratio is 43.72%.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the company. Robert W. Baird increased their price objective on Xylem from $139.00 to $148.00 and gave the stock an "outperform" rating in a research report on Wednesday, February 5th. Stifel Nicolaus decreased their price objective on shares of Xylem from $150.00 to $140.00 and set a "buy" rating on the stock in a research report on Wednesday, April 16th. Finally, Citigroup cut their price target on shares of Xylem from $152.00 to $134.00 and set a "buy" rating for the company in a research note on Monday, April 14th. Three analysts have rated the stock with a hold rating and seven have given a buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $147.33.

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.