180 Wealth Advisors LLC Purchases Shares of 1,738 Xylem Inc. (NYSE:XYL)

180 Wealth Advisors LLC purchased a new stake in Xylem Inc. (NYSE:XYL) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 1,738 shares of the industrial products company’s stock, valued at approximately $202,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Nordea Investment Management AB increased its position in Xylem by 24.6% in the 4th quarter. Nordea Investment Management AB now owns 26,798 shares of the industrial products company’s stock valued at $3,125,000 after acquiring an additional 5,286 shares during the period. MML Investors Services LLC boosted its stake in shares of Xylem by 66.9% in the 3rd quarter. MML Investors Services LLC now owns 15,935 shares of the industrial products company’s stock valued at $2,152,000 after purchasing an additional 6,386 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its stake in shares of Xylem by 0.4% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,345,768 shares of the industrial products company’s stock valued at $181,719,000 after purchasing an additional 5,817 shares during the last quarter. Groupama Asset Managment boosted its stake in shares of Xylem by 89.6% in the 3rd quarter. Groupama Asset Managment now owns 16,340 shares of the industrial products company’s stock valued at $2,206,000 after purchasing an additional 7,723 shares during the last quarter. Finally, Franklin Resources Inc. boosted its stake in shares of Xylem by 2.3% in the 3rd quarter. Franklin Resources Inc. now owns 1,597,657 shares of the industrial products company’s stock valued at $219,262,000 after purchasing an additional 36,102 shares during the last quarter. 87.96% of the stock is currently owned by institutional investors and hedge funds.

Xylem Stock Performance

Shares of XYL stock opened at $116.10 on Thursday. The firm has a 50-day moving average of $121.41 and a 200-day moving average of $129.06. The company has a market cap of $28.21 billion, a P/E ratio of 33.95, a P/E/G ratio of 2.22 and a beta of 1.06. 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 one year low of $109.39 and a one year high of $146.08.

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

Xylem Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 24th. Investors of record on Tuesday, November 26th were issued a dividend of $0.36 per share. The ex-dividend date was Tuesday, November 26th. This represents a $1.44 dividend on an annualized basis and a yield of 1.24%. Xylem’s dividend payout ratio (DPR) is presently 42.11%.

Analysts Set New Price Targets

XYL has been the topic of a number of analyst reports. Royal Bank of Canada reduced their price objective 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. Citigroup reduced their price objective on shares of Xylem from $148.00 to $147.00 and set a “buy” rating on the stock in a research note on Monday. Stifel Nicolaus reduced their price objective on shares of Xylem from $172.00 to $166.00 and set a “buy” rating on the stock in a research note on Wednesday, December 11th. TD Cowen cut their target price on shares of Xylem from $138.00 to $125.00 and set a “hold” rating on the stock in a research note on Wednesday, November 6th. Finally, Robert W. Baird cut their target price on shares of Xylem from $175.00 to $154.00 and set an “outperform” rating on the stock in a research note on Friday, November 1st. Three analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to data from MarketBeat, Xylem has a consensus rating of “Moderate Buy” and an average price target of $152.10.

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.