Xylem Inc. (NYSE:XYL) Stock Position Lifted by Albion Financial Group UT

Albion Financial Group UT lifted its stake in shares of Xylem Inc. (NYSE:XYL) by 2.5% during the fourth quarter, Holdings Channel.com reports. The firm owned 13,447 shares of the industrial products company’s stock after acquiring an additional 331 shares during the period. Albion Financial Group UT’s holdings in Xylem were worth $1,560,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also bought and sold shares of the company. Pacer Advisors Inc. boosted its holdings in shares of Xylem by 81.7% in the second quarter. Pacer Advisors Inc. now owns 32,202 shares of the industrial products company’s stock valued at $4,368,000 after acquiring an additional 14,480 shares in the last quarter. Thrivent Financial for Lutherans lifted its position in Xylem by 399.2% in the second quarter. Thrivent Financial for Lutherans now owns 51,282 shares of the industrial products company’s stock worth $6,955,000 after purchasing an additional 41,010 shares during the period. ProShare Advisors LLC increased its position in shares of Xylem by 5.8% during the 2nd quarter. ProShare Advisors LLC now owns 43,676 shares of the industrial products company’s stock valued at $5,924,000 after purchasing an additional 2,385 shares during the period. Frank Rimerman Advisors LLC raised its stake in shares of Xylem by 22,544.4% in the 2nd quarter. Frank Rimerman Advisors LLC now owns 2,038 shares of the industrial products company’s stock worth $276,000 after buying an additional 2,029 shares in the last quarter. Finally, Public Sector Pension Investment Board lifted its holdings in shares of Xylem by 77.3% in 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 buying an additional 4,103 shares during the period. Institutional investors and hedge funds own 87.96% of the company’s stock.

Xylem Stock Performance

Shares of Xylem stock opened at $121.97 on Wednesday. Xylem Inc. has a 12 month low of $111.66 and a 12 month high of $146.08. The company has a quick ratio of 1.42, a current ratio of 1.96 and a debt-to-equity ratio of 0.19. The stock has a market cap of $29.63 billion, a PE ratio of 35.66, a price-to-earnings-growth ratio of 2.02 and a beta of 1.06. The business has a fifty day simple moving average of $120.92 and a 200-day simple moving average of $128.59.

Xylem (NYSE:XYL) last announced its quarterly earnings data on Thursday, October 31st. The industrial products company reported $1.11 EPS for the quarter, hitting analysts’ consensus estimates of $1.11. The firm had revenue of $2.10 billion during the quarter, compared to analyst estimates of $2.17 billion. Xylem had a return on equity of 9.61% and a net margin of 9.85%. The business’s quarterly revenue was up .2% compared to the same quarter last year. During the same period last year, the company posted $0.99 EPS. On average, sell-side analysts anticipate that Xylem Inc. will post 4.23 EPS for the current fiscal year.

Xylem Dividend Announcement

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

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the company. Citigroup lowered their target price on Xylem from $148.00 to $147.00 and set a “buy” rating on the stock in a report on Monday, January 13th. TD Cowen lowered their price objective 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. Wolfe Research restated a “peer perform” rating on shares of Xylem in a report on Thursday, December 12th. Robert W. Baird dropped their price target on Xylem from $175.00 to $154.00 and set an “outperform” rating on the stock in a report on Friday, November 1st. Finally, Stifel Nicolaus reduced their price objective on Xylem from $172.00 to $166.00 and set a “buy” rating for the company in a research note on Wednesday, December 11th. Three analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $152.10.

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.