Dimensional Fund Advisors LP Increases Stock Holdings in Xylem Inc. (NYSE:XYL)

Dimensional Fund Advisors LP boosted its holdings in Xylem Inc. (NYSE:XYL - Free Report) by 6.9% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,828,304 shares of the industrial products company's stock after purchasing an additional 118,692 shares during the quarter. Dimensional Fund Advisors LP owned 0.75% of Xylem worth $212,127,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Wilmington Savings Fund Society FSB bought a new stake in shares of Xylem during the third quarter worth $2,492,000. Tidal Investments LLC raised its holdings in Xylem by 1.7% during the third quarter. Tidal Investments LLC now owns 47,642 shares of the industrial products company's stock worth $6,433,000 after buying an additional 783 shares during the last quarter. Asset Advisors Investment Management LLC lifted its position in Xylem by 11.7% in the 3rd quarter. Asset Advisors Investment Management LLC now owns 18,455 shares of the industrial products company's stock valued at $2,492,000 after acquiring an additional 1,937 shares in the last quarter. Franklin Resources Inc. boosted its holdings in Xylem by 2.3% during the 3rd quarter. Franklin Resources Inc. now owns 1,597,657 shares of the industrial products company's stock worth $219,262,000 after acquiring an additional 36,102 shares during the last quarter. Finally, Oddo BHF Asset Management Sas bought a new position in shares of Xylem in the third quarter valued at approximately $2,092,000. Institutional investors and hedge funds own 87.96% of the company's stock.

Xylem Trading Up 0.5 %

XYL stock traded up $0.62 on Friday, reaching $116.23. The company's stock had a trading volume of 1,923,112 shares, compared to its average volume of 1,403,350. The business has a fifty day simple moving average of $118.90 and a two-hundred day simple moving average of $122.52. The firm has a market cap of $28.28 billion, a PE ratio of 31.76, a PEG ratio of 2.33 and a beta of 1.08. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.33 and a current ratio of 1.76. Xylem Inc. has a 12-month low of $100.47 and a 12-month high of $146.08.

Xylem (NYSE:XYL - Get Free Report) last posted its quarterly earnings data on Tuesday, February 4th. The industrial products company reported $1.18 EPS for the quarter, topping the consensus estimate of $1.12 by $0.06. The business had revenue of $2.30 billion for the quarter, compared to analyst estimates of $2.18 billion. Xylem had a net margin of 10.40% and a return on equity of 9.96%. Xylem's quarterly revenue was up 8.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.99 earnings per share. As a group, research analysts forecast that Xylem Inc. will post 4.65 EPS for the current 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 issued a $0.40 dividend. This is a positive change from Xylem's previous quarterly dividend of $0.36. The ex-dividend date was Tuesday, February 18th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.38%. Xylem's dividend payout ratio (DPR) is presently 43.72%.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on XYL. Stifel Nicolaus lowered their price target on shares of Xylem from $150.00 to $140.00 and set a "buy" rating on the stock in a report on Wednesday, April 16th. Citigroup lowered their price objective on Xylem from $152.00 to $134.00 and set a "buy" rating on the stock in a research report on Monday, April 14th. Finally, Robert W. Baird upped their target price 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. Three equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $147.33.

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.