Blueshift Asset Management LLC Buys 1,725 Shares of Xylem Inc. (NYSE:XYL)

Blueshift Asset Management LLC grew its stake in Xylem Inc. (NYSE:XYL) by 63.8% in the 4th quarter, Holdings Channel.com reports. The firm owned 4,429 shares of the industrial products company’s stock after purchasing an additional 1,725 shares during the period. Blueshift Asset Management LLC’s holdings in Xylem were worth $514,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the stock. Clear Creek Financial Management LLC lifted its stake in shares of Xylem by 4.3% in the 4th quarter. Clear Creek Financial Management LLC now owns 2,315 shares of the industrial products company’s stock valued at $269,000 after purchasing an additional 96 shares during the last quarter. Bleakley Financial Group LLC lifted its stake in shares of Xylem by 2.3% in the 4th quarter. Bleakley Financial Group LLC now owns 4,359 shares of the industrial products company’s stock valued at $506,000 after purchasing an additional 96 shares during the last quarter. U.S. Capital Wealth Advisors LLC lifted its stake in shares of Xylem by 1.3% during the 4th quarter. U.S. Capital Wealth Advisors LLC now owns 7,868 shares of the industrial products company’s stock worth $913,000 after acquiring an additional 98 shares during the last quarter. Mcrae Capital Management Inc. lifted its stake in shares of Xylem by 2.9% during the 4th quarter. Mcrae Capital Management Inc. now owns 3,575 shares of the industrial products company’s stock worth $415,000 after acquiring an additional 100 shares during the last quarter. Finally, Larson Financial Group LLC lifted its stake in shares of Xylem by 24.0% during the 4th quarter. Larson Financial Group LLC now owns 521 shares of the industrial products company’s stock worth $60,000 after acquiring an additional 101 shares during the last quarter. 87.96% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on XYL shares. Citigroup lowered Xylem from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, February 5th. Wolfe Research reissued a “peer perform” rating on shares of Xylem in a research note on Thursday, December 12th. Stifel Nicolaus decreased their price target on Xylem from $166.00 to $150.00 and set a “buy” rating for the company in a research note on Friday, January 24th. Finally, Robert W. Baird raised their price target on Xylem from $139.00 to $148.00 and gave the stock an “outperform” rating in a research note on Wednesday, February 5th. Four investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Xylem presently has a consensus rating of “Moderate Buy” and a consensus price target of $149.89.

Xylem Trading Down 1.2 %

Shares of NYSE:XYL opened at $119.84 on Friday. Xylem Inc. has a 12-month low of $113.26 and a 12-month high of $146.08. The business’s fifty day simple moving average is $125.15 and its 200-day simple moving average is $126.28. The company has a market capitalization of $29.13 billion, a PE ratio of 32.74, a P/E/G ratio of 2.33 and a beta of 1.08. The company has a current ratio of 1.76, a quick ratio of 1.33 and a debt-to-equity ratio of 0.19.

Xylem (NYSE:XYL) last announced its quarterly earnings results on Tuesday, February 4th. The industrial products company reported $1.18 earnings per share (EPS) for the quarter, beating 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 for the quarter, compared to the consensus estimate of $2.18 billion. During the same period last year, the business posted $0.99 EPS. The business’s revenue was up 8.6% compared to the same quarter last year. As a group, equities research analysts predict that Xylem Inc. will post 4.65 earnings per share for the current fiscal year.

Xylem Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, March 19th. Stockholders of record on Tuesday, February 18th were issued a $0.40 dividend. The ex-dividend date of this dividend was Tuesday, February 18th. This is an increase from Xylem’s previous quarterly dividend of $0.36. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.34%. Xylem’s dividend payout ratio (DPR) is currently 43.72%.

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.