Fox Run Management L.L.C. Reduces Stock Holdings in Xylem Inc. (NYSE:XYL)

Fox Run Management L.L.C. reduced its holdings in shares of Xylem Inc. (NYSE:XYL - Free Report) by 44.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,293 shares of the industrial products company's stock after selling 4,296 shares during the quarter. Fox Run Management L.L.C.'s holdings in Xylem were worth $614,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Lee Danner & Bass Inc. purchased a new position in shares of Xylem during the 4th quarter worth approximately $30,000. Rialto Wealth Management LLC purchased a new position in Xylem during the fourth quarter worth $31,000. Heck Capital Advisors LLC acquired a new position in shares of Xylem in the fourth quarter worth $36,000. SRS Capital Advisors Inc. lifted its position in shares of Xylem by 69.5% in the fourth quarter. SRS Capital Advisors Inc. now owns 317 shares of the industrial products company's stock valued at $37,000 after acquiring an additional 130 shares in the last quarter. Finally, Pathway Financial Advisers LLC boosted its stake in shares of 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 during the last quarter. Institutional investors and hedge funds own 87.96% of the company's stock.

Xylem Trading Down 2.1 %

Shares of XYL traded down $2.60 during trading hours on Friday, hitting $119.42. The stock had a trading volume of 1,589,726 shares, compared to its average volume of 1,312,193. Xylem Inc. has a 12-month low of $113.26 and a 12-month high of $146.08. The firm has a market cap of $29.02 billion, a P/E ratio of 32.63, a P/E/G 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. The company's fifty day simple moving average is $125.70 and its 200 day simple moving average is $125.91.

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Xylem (NYSE:XYL - Get Free Report) last released its quarterly earnings data on Tuesday, February 4th. The industrial products company reported $1.18 EPS for the quarter, topping analysts' consensus estimates of $1.12 by $0.06. The company had revenue of $2.30 billion for the quarter, compared to the consensus estimate of $2.18 billion. Xylem had a return on equity of 9.96% and a net margin of 10.40%. The company's quarterly revenue was up 8.6% compared to the same quarter last year. During the same period last year, the business posted $0.99 EPS. Equities research analysts forecast that Xylem Inc. will post 4.65 EPS for the current fiscal year.

Xylem Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 19th. Stockholders of record on Tuesday, February 18th were given a $0.40 dividend. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $1.60 annualized dividend and a dividend yield of 1.34%. This is a positive change from Xylem's previous quarterly dividend of $0.36. Xylem's dividend payout ratio is presently 43.72%.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the stock. Citigroup lowered shares of Xylem from a "strong-buy" rating to a "hold" rating in a report on Wednesday, February 5th. Wolfe Research restated a "peer perform" rating on shares of Xylem in a research report on Thursday, December 12th. Stifel Nicolaus cut their price target on Xylem from $166.00 to $150.00 and set a "buy" rating for the company in a report on Friday, January 24th. Finally, Robert W. Baird raised 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. Four analysts have rated the stock with a hold rating and six have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $149.89.

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.