Mountain Pacific Investment Advisers LLC Purchases 1,595 Shares of Xylem Inc. (NYSE:XYL)

Mountain Pacific Investment Advisers LLC boosted its position in shares of Xylem Inc. (NYSE:XYL) by 0.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 311,092 shares of the industrial products company’s stock after buying an additional 1,595 shares during the period. Xylem makes up about 2.5% of Mountain Pacific Investment Advisers LLC’s portfolio, making the stock its 12th biggest holding. Mountain Pacific Investment Advisers LLC owned about 0.13% of Xylem worth $36,093,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in XYL. Bangor Savings Bank grew its holdings in shares of Xylem by 56.7% in the third quarter. Bangor Savings Bank now owns 235 shares of the industrial products company’s stock valued at $32,000 after purchasing an additional 85 shares in the last quarter. Assetmark Inc. lifted its holdings in shares of Xylem by 3,887.5% in the 3rd quarter. Assetmark Inc. now owns 319 shares of the industrial products company’s stock valued at $43,000 after acquiring an additional 311 shares during the last quarter. Versant Capital Management Inc increased its stake in Xylem by 318.2% during the fourth quarter. Versant Capital Management Inc now owns 368 shares of the industrial products company’s stock worth $43,000 after acquiring an additional 280 shares during the last quarter. Catalyst Capital Advisors LLC boosted its holdings in shares of Xylem by 226.0% in the 3rd quarter. Catalyst Capital Advisors LLC now owns 339 shares of the industrial products company’s stock worth $46,000 after purchasing an additional 235 shares during the period. Finally, Brooklyn Investment Group bought a new position in shares of Xylem during the 3rd quarter valued at approximately $55,000. Hedge funds and other institutional investors own 87.96% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have recently weighed in on XYL. Wolfe Research reissued a “peer perform” rating on shares of Xylem in a research note on Thursday, December 12th. Stifel Nicolaus lowered their target price on shares of Xylem from $172.00 to $166.00 and set a “buy” rating for the company in a research note on Wednesday, December 11th. Royal Bank of Canada decreased their price objective on shares of Xylem from $163.00 to $162.00 and set an “outperform” rating for the company in a report on Friday, November 1st. TD Cowen dropped their target price 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. Finally, Robert W. Baird decreased their price target on shares of Xylem from $175.00 to $154.00 and set an “outperform” rating for the company in a research note on Friday, November 1st. Three equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $152.10.

Xylem Stock Performance

Shares of NYSE:XYL opened at $119.84 on Tuesday. 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 company has a market capitalization of $29.11 billion, a price-to-earnings ratio of 35.04, a price-to-earnings-growth ratio of 1.99 and a beta of 1.06. The firm has a 50 day moving average of $120.98 and a 200 day moving average of $128.68. Xylem Inc. has a 52 week low of $109.70 and a 52 week high of $146.08.

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

Xylem Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 24th. Investors of record on Tuesday, November 26th were paid a dividend of $0.36 per share. The ex-dividend date of this dividend was Tuesday, November 26th. This represents a $1.44 annualized dividend and a dividend yield of 1.20%. Xylem’s dividend payout ratio (DPR) is presently 42.11%.

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.