Kampmann Melissa S. Sells 980 Shares of Xylem Inc. (NYSE:XYL)

Kampmann Melissa S. lessened its position in Xylem Inc. (NYSE:XYL) by 13.8% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 6,110 shares of the industrial products company’s stock after selling 980 shares during the period. Kampmann Melissa S.’s holdings in Xylem were worth $825,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in the company. EverSource Wealth Advisors LLC grew its stake in Xylem by 68.8% during the first quarter. EverSource Wealth Advisors LLC now owns 189 shares of the industrial products company’s stock worth $25,000 after buying an additional 77 shares during the last quarter. Bangor Savings Bank grew its position in Xylem by 56.7% during the 3rd quarter. Bangor Savings Bank now owns 235 shares of the industrial products company’s stock worth $32,000 after acquiring an additional 85 shares during the last quarter. Mark Sheptoff Financial Planning LLC acquired a new stake in Xylem during the 2nd quarter valued at $33,000. Blue Trust Inc. raised its position in Xylem by 1,185.7% in the 2nd quarter. Blue Trust Inc. now owns 270 shares of the industrial products company’s stock valued at $35,000 after purchasing an additional 249 shares during the last quarter. Finally, Assetmark Inc. boosted its stake in Xylem by 3,887.5% in the third quarter. Assetmark Inc. now owns 319 shares of the industrial products company’s stock worth $43,000 after purchasing an additional 311 shares in the last quarter. Institutional investors own 87.96% of the company’s stock.

Xylem Trading Up 0.6 %

Shares of NYSE:XYL opened at $124.37 on Friday. The company has a 50-day simple moving average of $131.47 and a 200 day simple moving average of $135.00. The company has a market capitalization of $30.22 billion, a P/E ratio of 36.37, a price-to-earnings-growth ratio of 2.29 and a beta of 1.05. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.42 and a current ratio of 1.96. Xylem Inc. has a 52-week low of $96.61 and a 52-week high of $146.08.

Xylem (NYSE:XYL) last released its quarterly earnings data on Thursday, October 31st. The industrial products company reported $1.11 EPS for the quarter, meeting the consensus estimate of $1.11. The firm had revenue of $2.10 billion for the quarter, compared to the consensus estimate of $2.17 billion. Xylem had a net margin of 9.85% and a return on equity of 9.61%. The company’s quarterly revenue was up .2% on a year-over-year basis. During the same period in the previous year, the company earned $0.99 earnings per share. Sell-side analysts forecast that Xylem Inc. will post 4.23 earnings per share for the current year.

Xylem Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, September 26th. Investors of record on Thursday, August 29th were issued a dividend of $0.36 per share. The ex-dividend date was Thursday, August 29th. This represents a $1.44 annualized dividend and a yield of 1.16%. Xylem’s payout ratio is currently 42.11%.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on XYL shares. Stifel Nicolaus lifted their price target on Xylem from $170.00 to $172.00 and gave the company a “buy” rating in a report on Wednesday, July 31st. Robert W. Baird lowered their price target on Xylem from $175.00 to $154.00 and set an “outperform” rating for the company in a research note on Friday, November 1st. UBS Group began coverage on Xylem in a research note on Tuesday, August 13th. They set a “buy” rating and a $165.00 price objective on the stock. Royal Bank of Canada cut their price target on shares of Xylem from $163.00 to $162.00 and set an “outperform” rating on the stock in a research note on Friday, November 1st. Finally, TD Cowen reduced their price objective on Xylem from $138.00 to $125.00 and set a “hold” rating for the company in a research report on Wednesday. Four equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $147.17.

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.