Xylem Inc. (NYSE:XYL) Holdings Reduced by TSP Capital Management Group LLC

TSP Capital Management Group LLC lowered its holdings in shares of Xylem Inc. (NYSE:XYL - Free Report) by 4.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 102,950 shares of the industrial products company's stock after selling 5,196 shares during the period. Xylem makes up 4.1% of TSP Capital Management Group LLC's investment portfolio, making the stock its 9th largest holding. TSP Capital Management Group LLC's holdings in Xylem were worth $11,944,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in XYL. Heck Capital Advisors LLC bought a new position in shares of Xylem during the fourth quarter valued at $36,000. Pathway Financial Advisers LLC grew its position in Xylem by 122.4% during the 4th quarter. Pathway Financial Advisers LLC now owns 318 shares of the industrial products company's stock valued at $37,000 after purchasing an additional 175 shares during the last quarter. Assetmark Inc. increased its stake in Xylem by 3,887.5% during the 3rd quarter. Assetmark Inc. now owns 319 shares of the industrial products company's stock valued at $43,000 after purchasing an additional 311 shares in the last quarter. Catalyst Capital Advisors LLC raised its holdings in Xylem by 226.0% in the third quarter. Catalyst Capital Advisors LLC now owns 339 shares of the industrial products company's stock worth $46,000 after buying an additional 235 shares during the last quarter. Finally, Versant Capital Management Inc lifted its stake in shares of Xylem by 318.2% in the fourth quarter. Versant Capital Management Inc now owns 368 shares of the industrial products company's stock worth $43,000 after buying an additional 280 shares in the last quarter. Institutional investors own 87.96% of the company's stock.

Xylem Stock Performance

XYL stock traded up $1.05 during midday trading on Tuesday, reaching $130.43. 1,132,052 shares of the company's stock traded hands, compared to its average volume of 1,361,140. The stock's 50-day moving average is $121.36 and its 200 day moving average is $127.14. The stock has a market cap of $31.69 billion, a P/E ratio of 35.64, a PEG ratio of 2.36 and a beta of 1.07. Xylem Inc. has a 52-week low of $113.26 and a 52-week high of $146.08. The company has a current ratio of 1.76, a quick ratio of 1.42 and a debt-to-equity ratio of 0.19.

Xylem (NYSE:XYL - Get Free Report) last issued its quarterly earnings results 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. Xylem had a return on equity of 9.96% and a net margin of 10.40%. The business had revenue of $2.30 billion during the quarter, compared to analysts' expectations of $2.18 billion. During the same quarter in the prior year, the business posted $0.99 earnings per share. The business's quarterly revenue was up 8.6% on a year-over-year basis. As a group, analysts anticipate that Xylem Inc. will post 4.66 EPS for the current year.

Xylem Increases Dividend

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

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on XYL. Royal Bank of Canada reduced their price target on shares of Xylem from $163.00 to $162.00 and set an "outperform" rating for the company in a research report on Friday, November 1st. Robert W. Baird lifted their target price on Xylem from $139.00 to $148.00 and gave the stock an "outperform" rating in a report on Wednesday, February 5th. Citigroup downgraded Xylem from a "strong-buy" rating to a "hold" rating in a report on Wednesday, February 5th. Wolfe Research reiterated a "peer perform" rating on shares of Xylem in a report on Thursday, December 12th. Finally, Stifel Nicolaus decreased their target price on Xylem from $166.00 to $150.00 and set a "buy" rating for the company in a research report on Friday, January 24th. Four investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $149.90.

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.