Bridgewater Associates LP Has $288,000 Holdings in Xylem Inc. (NYSE:XYL)

Bridgewater Associates LP boosted its stake in Xylem Inc. (NYSE:XYL) by 59.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,482 shares of the industrial products company’s stock after purchasing an additional 927 shares during the period. Bridgewater Associates LP’s holdings in Xylem were worth $288,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of XYL. Lee Danner & Bass Inc. bought a new position in shares of Xylem during the fourth quarter worth about $30,000. Rialto Wealth Management LLC bought a new stake in shares of Xylem in the 4th quarter valued at $31,000. Heck Capital Advisors LLC acquired a new stake in shares of Xylem during the fourth quarter worth $36,000. Pathway Financial Advisers LLC increased its position in shares of Xylem by 122.4% during the fourth quarter. Pathway Financial Advisers LLC now owns 318 shares of the industrial products company’s stock worth $37,000 after buying an additional 175 shares during the period. Finally, SRS Capital Advisors Inc. raised its stake in Xylem by 69.5% during the fourth quarter. SRS Capital Advisors Inc. now owns 317 shares of the industrial products company’s stock worth $37,000 after buying an additional 130 shares during the last quarter. 87.96% of the stock is owned by institutional investors.

Xylem Stock Performance

Shares of XYL stock opened at $110.53 on Monday. The company has a current ratio of 1.76, a quick ratio of 1.33 and a debt-to-equity ratio of 0.19. The firm has a fifty day simple moving average of $120.60 and a two-hundred day simple moving average of $123.09. Xylem Inc. has a 12 month low of $100.47 and a 12 month high of $146.08. The firm has a market capitalization of $26.90 billion, a PE ratio of 30.20, a price-to-earnings-growth ratio of 2.33 and a beta of 1.08.

Xylem (NYSE:XYL) last posted its earnings results on Tuesday, February 4th. The industrial products company reported $1.18 EPS for the quarter, topping the consensus estimate of $1.12 by $0.06. Xylem had a net margin of 10.40% and a return on equity of 9.96%. The company had revenue of $2.30 billion during the quarter, compared to the consensus estimate of $2.18 billion. During the same period in the previous year, the firm posted $0.99 earnings per share. The firm’s revenue for the quarter was up 8.6% on a year-over-year basis. Analysts forecast that Xylem Inc. will post 4.65 EPS for the current fiscal year.

Xylem Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, March 19th. Investors of record on Tuesday, February 18th were given a dividend of $0.40 per share. This is a boost from Xylem’s previous quarterly dividend of $0.36. The ex-dividend date was Tuesday, February 18th. This represents a $1.60 annualized dividend and a dividend yield of 1.45%. Xylem’s payout ratio is presently 43.72%.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on the company. Citigroup decreased their price target on Xylem from $152.00 to $134.00 and set a “buy” rating for the company in a report on Monday, April 14th. Stifel Nicolaus reduced their price objective on shares of Xylem from $150.00 to $140.00 and set a “buy” rating for the company in a research report on Wednesday, April 16th. Finally, Robert W. Baird boosted their target price on shares of Xylem from $139.00 to $148.00 and gave the company an “outperform” rating in a research report on Wednesday, February 5th. Three equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $147.33.

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.