Nisa Investment Advisors LLC Buys 526 Shares of Xylem Inc. (NYSE:XYL)

Nisa Investment Advisors LLC raised its stake in Xylem Inc. (NYSE:XYL) by 0.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 66,492 shares of the industrial products company’s stock after acquiring an additional 526 shares during the period. Nisa Investment Advisors LLC’s holdings in Xylem were worth $7,714,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of XYL. Thrivent Financial for Lutherans increased its stake in Xylem by 399.2% during the 2nd quarter. Thrivent Financial for Lutherans now owns 51,282 shares of the industrial products company’s stock valued at $6,955,000 after purchasing an additional 41,010 shares in the last quarter. Public Sector Pension Investment Board increased its position in shares of Xylem by 77.3% during the second quarter. Public Sector Pension Investment Board now owns 9,410 shares of the industrial products company’s stock valued at $1,276,000 after acquiring an additional 4,103 shares in the last quarter. Marshall Wace LLP raised its stake in shares of Xylem by 433.0% in the second quarter. Marshall Wace LLP now owns 229,082 shares of the industrial products company’s stock worth $31,070,000 after purchasing an additional 186,105 shares during the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp raised its position in Xylem by 60.9% in the 2nd quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 46,302 shares of the industrial products company’s stock worth $6,280,000 after buying an additional 17,519 shares during the last quarter. Finally, Point72 Asia Singapore Pte. Ltd. raised its holdings in shares of Xylem by 349.5% during the second quarter. Point72 Asia Singapore Pte. Ltd. now owns 2,135 shares of the industrial products company’s stock valued at $290,000 after purchasing an additional 1,660 shares during the last quarter. Hedge funds and other institutional investors own 87.96% of the company’s stock.

Wall Street Analyst Weigh In

XYL has been the subject of a number of research analyst reports. Stifel Nicolaus cut their target price on shares of Xylem from $166.00 to $150.00 and set a “buy” rating for the company in a research report on Friday. Citigroup reduced their price objective on Xylem from $148.00 to $147.00 and set a “buy” rating for the company in a research report on Monday, January 13th. Royal Bank of Canada dropped their target price on Xylem from $163.00 to $162.00 and set an “outperform” rating on the stock in a research report on Friday, November 1st. TD Cowen reduced their price target on shares of Xylem from $138.00 to $125.00 and set a “hold” rating for the company in a research report on Wednesday, November 6th. Finally, Robert W. Baird dropped 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 equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $150.50.

Xylem Price Performance

NYSE XYL opened at $121.53 on Friday. The company’s 50 day moving average is $120.88 and its two-hundred day moving average is $128.41. The company has a current ratio of 1.96, a quick ratio of 1.42 and a debt-to-equity ratio of 0.19. The stock has a market cap of $29.53 billion, a price-to-earnings ratio of 35.54, a PEG ratio of 2.05 and a beta of 1.06. Xylem Inc. has a 12 month low of $111.72 and a 12 month high of $146.08.

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

Xylem Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 24th. Shareholders of record on Tuesday, November 26th were paid a $0.36 dividend. This represents a $1.44 annualized dividend and a yield of 1.18%. The ex-dividend date was Tuesday, November 26th. Xylem’s payout ratio is currently 42.11%.

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.