AEGON ASSET MANAGEMENT UK Plc Has $38.68 Million Holdings in Xylem Inc. (NYSE:XYL)

AEGON ASSET MANAGEMENT UK Plc cut its stake in shares of Xylem Inc. (NYSE:XYL - Free Report) by 5.8% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 333,349 shares of the industrial products company's stock after selling 20,350 shares during the quarter. AEGON ASSET MANAGEMENT UK Plc owned approximately 0.14% of Xylem worth $38,682,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in XYL. Thrivent Financial for Lutherans boosted its position in Xylem by 399.2% in the second quarter. Thrivent Financial for Lutherans now owns 51,282 shares of the industrial products company's stock valued at $6,955,000 after buying an additional 41,010 shares in the last quarter. Public Sector Pension Investment Board boosted its holdings in shares of Xylem by 77.3% in the 2nd quarter. Public Sector Pension Investment Board now owns 9,410 shares of the industrial products company's stock worth $1,276,000 after acquiring an additional 4,103 shares in the last quarter. Marshall Wace LLP grew its position in Xylem by 433.0% during the 2nd quarter. Marshall Wace LLP now owns 229,082 shares of the industrial products company's stock worth $31,070,000 after acquiring an additional 186,105 shares during the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp grew its position in Xylem by 60.9% during the 2nd quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 46,302 shares of the industrial products company's stock worth $6,280,000 after acquiring an additional 17,519 shares during the last quarter. Finally, Point72 Asia Singapore Pte. Ltd. increased its holdings in Xylem by 349.5% during the 2nd quarter. Point72 Asia Singapore Pte. Ltd. now owns 2,135 shares of the industrial products company's stock valued at $290,000 after purchasing an additional 1,660 shares in the last quarter. Institutional investors and hedge funds own 87.96% of the company's stock.

Wall Street Analyst Weigh In

XYL has been the topic of several research analyst reports. Citigroup decreased their target price on Xylem from $148.00 to $147.00 and set a "buy" rating on the stock in a report on Monday, January 13th. Stifel Nicolaus lowered their price objective on shares of Xylem from $166.00 to $150.00 and set a "buy" rating for the company in a research report on Friday. Royal Bank of Canada dropped their target price on shares of Xylem from $163.00 to $162.00 and set an "outperform" rating for the company in a research note on Friday, November 1st. Wolfe Research reissued a "peer perform" rating on shares of Xylem in a research note on Thursday, December 12th. Finally, Robert W. Baird dropped their price objective on shares of Xylem from $175.00 to $154.00 and set an "outperform" rating for the company in a research report on Friday, November 1st. Three investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $150.50.

Xylem Trading Down 0.0 %

Shares of XYL stock traded down $0.05 during trading hours on Friday, reaching $121.53. The company had a trading volume of 1,066,223 shares, compared to its average volume of 953,177. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.96 and a quick ratio of 1.42. Xylem Inc. has a 1-year low of $111.72 and a 1-year high of $146.08. The company has a 50 day moving average of $120.88 and a 200 day moving average of $128.37. The firm has a market cap of $29.53 billion, a price-to-earnings ratio of 35.54, a P/E/G ratio of 2.05 and a beta of 1.06.

Xylem (NYSE:XYL - Get Free Report) last issued its earnings results on Thursday, October 31st. The industrial products company reported $1.11 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $1.11. The firm had revenue of $2.10 billion for the quarter, compared to analysts' expectations of $2.17 billion. Xylem had a return on equity of 9.61% and a net margin of 9.85%. The company's revenue was up .2% compared to the same quarter last year. During the same quarter last year, the business earned $0.99 earnings per share. On average, equities research analysts anticipate that Xylem Inc. will post 4.23 EPS for the current year.

Xylem Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 24th. Shareholders of record on Tuesday, November 26th were issued a $0.36 dividend. The ex-dividend date of this dividend was Tuesday, November 26th. This represents a $1.44 annualized dividend and a yield of 1.18%. Xylem's dividend payout ratio (DPR) is presently 42.11%.

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.