YANKCOM Partnership Makes New $348,000 Investment in Xylem Inc. (NYSE:XYL)

YANKCOM Partnership acquired a new stake in shares of Xylem Inc. (NYSE:XYL) in the 4th quarter, HoldingsChannel.com reports. The institutional investor acquired 3,000 shares of the industrial products company’s stock, valued at approximately $348,000.

A number of other institutional investors also recently modified their holdings of XYL. Mirae Asset Global Investments Co. Ltd. raised its holdings in shares of Xylem by 22.5% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 30,184 shares of the industrial products company’s stock worth $3,536,000 after acquiring an additional 5,546 shares during the last quarter. E. Ohman J or Asset Management AB grew its holdings in shares of Xylem by 14.1% in the fourth quarter. E. Ohman J or Asset Management AB now owns 11,300 shares of the industrial products company’s stock valued at $1,311,000 after acquiring an additional 1,400 shares in the last quarter. Chicago Capital LLC increased its position in shares of Xylem by 1.7% during the 4th quarter. Chicago Capital LLC now owns 17,108 shares of the industrial products company’s stock valued at $1,985,000 after purchasing an additional 286 shares during the last quarter. U.S. Capital Wealth Advisors LLC grew its position in Xylem by 1.3% during the fourth quarter. U.S. Capital Wealth Advisors LLC now owns 7,868 shares of the industrial products company’s stock valued at $913,000 after buying an additional 98 shares during the period. Finally, Greenleaf Trust increased its holdings in Xylem by 2.8% during the fourth quarter. Greenleaf Trust now owns 7,317 shares of the industrial products company’s stock worth $849,000 after buying an additional 200 shares during the last quarter. 87.96% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts have weighed in on XYL shares. Wolfe Research reiterated a “peer perform” rating on shares of Xylem in a research note on Thursday, December 12th. Robert W. Baird raised their price objective on shares of Xylem from $139.00 to $148.00 and gave the company an “outperform” rating in a research report on Wednesday. Royal Bank of Canada decreased their target price on Xylem from $163.00 to $162.00 and set an “outperform” rating on the stock in a research note on Friday, November 1st. Citigroup cut their target price on shares of Xylem from $148.00 to $147.00 and set a “buy” rating for the company in a research report on Monday, January 13th. Finally, TD Cowen lowered their price objective on shares of Xylem from $138.00 to $125.00 and set a “hold” rating for the company in a report on Wednesday, November 6th. Three research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to MarketBeat, Xylem presently has a consensus rating of “Moderate Buy” and an average price target of $149.90.

Xylem Price Performance

Shares of Xylem stock opened at $129.62 on Thursday. The stock has a market cap of $31.49 billion, a P/E ratio of 37.90, a P/E/G ratio of 2.11 and a beta of 1.07. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.42 and a current ratio of 1.96. The stock’s fifty day moving average is $120.74 and its 200 day moving average is $127.58. Xylem Inc. has a one year low of $113.26 and a one year high of $146.08.

Xylem (NYSE:XYL) last released its earnings results on Tuesday, February 4th. The industrial products company reported $1.18 EPS for the quarter, topping analysts’ consensus estimates of $1.12 by $0.06. The company had revenue of $2.30 billion for the quarter, compared to analysts’ expectations of $2.18 billion. Xylem had a net margin of 9.85% and a return on equity of 9.61%. The firm’s revenue was up 8.6% compared to the same quarter last year. During the same quarter last year, the business earned $0.99 EPS. Sell-side analysts anticipate that Xylem Inc. will post 4.22 earnings per share for the current year.

Xylem Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, March 19th. Investors of record on Tuesday, February 18th will be paid a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 1.23%. The ex-dividend date of this dividend is Tuesday, February 18th. This is an increase from Xylem’s previous quarterly dividend of $0.36. Xylem’s dividend payout ratio (DPR) is 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.