Xylem Inc. (NYSE:XYL) Shares Sold by Green Alpha Advisors LLC

Green Alpha Advisors LLC lessened its holdings in shares of Xylem Inc. (NYSE:XYL) by 3.2% in the fourth quarter, Holdings Channel reports. The firm owned 5,464 shares of the industrial products company’s stock after selling 179 shares during the period. Green Alpha Advisors LLC’s holdings in Xylem were worth $634,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of XYL. Swedbank AB increased its position in shares of Xylem by 22.8% in the third quarter. Swedbank AB now owns 2,991,583 shares of the industrial products company’s stock worth $403,953,000 after acquiring an additional 554,609 shares in the last quarter. Erste Asset Management GmbH purchased a new stake in Xylem during the 3rd quarter worth $68,593,000. B. Metzler seel. Sohn & Co. Holding AG acquired a new stake in Xylem in the 3rd quarter valued at $52,169,000. Champlain Investment Partners LLC increased its holdings in Xylem by 17.8% in the 3rd quarter. Champlain Investment Partners LLC now owns 1,657,785 shares of the industrial products company’s stock valued at $223,851,000 after purchasing an additional 249,975 shares in the last quarter. Finally, LPL Financial LLC raised its position in Xylem by 246.6% in the second quarter. LPL Financial LLC now owns 324,504 shares of the industrial products company’s stock valued at $44,012,000 after purchasing an additional 230,878 shares during the period. Hedge funds and other institutional investors own 87.96% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on XYL. Stifel Nicolaus lowered their target price on Xylem from $172.00 to $166.00 and set a “buy” rating for the company in a research note on Wednesday, December 11th. Wolfe Research reaffirmed a “peer perform” rating on shares of Xylem in a research report on Thursday, December 12th. Citigroup raised shares of Xylem from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $135.00 to $148.00 in a research report on Monday, December 9th. TD Cowen lowered their price target on shares of Xylem from $138.00 to $125.00 and set a “hold” rating for the company in a report on Wednesday, November 6th. Finally, Robert W. Baird cut their price objective on shares of Xylem from $175.00 to $154.00 and set an “outperform” rating on the stock in a report on Friday, November 1st. Three investment analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat, Xylem has an average rating of “Moderate Buy” and an average target price of $152.20.

Xylem Price Performance

XYL opened at $113.94 on Monday. The company has a market capitalization of $27.68 billion, a P/E ratio of 33.32, a PEG ratio of 2.22 and a beta of 1.06. The company has a 50-day moving average of $121.65 and a 200-day moving average of $129.35. 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 1-year low of $109.39 and a 1-year high of $146.08.

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

Xylem Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 24th. Investors of record on Tuesday, November 26th were given a dividend of $0.36 per share. This represents a $1.44 annualized dividend and a dividend yield of 1.26%. The ex-dividend date was Tuesday, November 26th. Xylem’s dividend payout ratio is currently 42.11%.

Xylem 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.