First Affirmative Financial Network Sells 306 Shares of Xylem Inc. (NYSE:XYL)

First Affirmative Financial Network decreased its holdings in shares of Xylem Inc. (NYSE:XYL) by 14.4% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,816 shares of the industrial products company’s stock after selling 306 shares during the period. First Affirmative Financial Network’s holdings in Xylem were worth $211,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in XYL. AQR Capital Management LLC grew its holdings in shares of Xylem by 38.2% during the second quarter. AQR Capital Management LLC now owns 28,887 shares of the industrial products company’s stock worth $3,918,000 after purchasing an additional 7,981 shares in the last quarter. Algert Global LLC purchased a new position in Xylem in the 2nd quarter worth approximately $475,000. Creative Planning grew its stake in Xylem by 3.6% in the 2nd quarter. Creative Planning now owns 25,979 shares of the industrial products company’s stock worth $3,524,000 after buying an additional 904 shares in the last quarter. B. Riley Wealth Advisors Inc. increased its holdings in shares of Xylem by 34.9% in the 2nd quarter. B. Riley Wealth Advisors Inc. now owns 11,960 shares of the industrial products company’s stock worth $1,622,000 after buying an additional 3,091 shares during the last quarter. Finally, Cetera Investment Advisers raised its position in shares of Xylem by 3.0% during the 2nd quarter. Cetera Investment Advisers now owns 28,244 shares of the industrial products company’s stock valued at $3,831,000 after buying an additional 832 shares in the last quarter. 87.96% of the stock is currently owned by hedge funds and other institutional investors.

Xylem Trading Up 0.5 %

Shares of XYL opened at $121.83 on Friday. The stock has a market capitalization of $29.60 billion, a P/E ratio of 35.62, a PEG ratio of 2.06 and a beta of 1.06. Xylem Inc. has a twelve month low of $112.02 and a twelve 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 firm has a fifty day simple moving average of $120.75 and a two-hundred day simple moving average of $128.00.

Xylem (NYSE:XYL) last posted its earnings results on Thursday, October 31st. The industrial products company reported $1.11 earnings per share for the quarter, hitting analysts’ consensus estimates of $1.11. The company had revenue of $2.10 billion during the quarter, compared to analyst estimates of $2.17 billion. Xylem had a net margin of 9.85% and a return on equity of 9.61%. Xylem’s revenue for the quarter was up .2% on a year-over-year basis. During the same period in the prior year, the business posted $0.99 earnings per share. On average, research analysts anticipate that Xylem Inc. will post 4.22 EPS for the current year.

Xylem Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 24th. Stockholders 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 dividend yield of 1.18%. Xylem’s dividend payout ratio is currently 42.11%.

Analyst Ratings Changes

Several brokerages recently issued reports on XYL. TD Cowen cut their target price on shares of Xylem from $138.00 to $125.00 and set a “hold” rating for the company in a research report on Wednesday, November 6th. Robert W. Baird reduced their price objective on Xylem from $175.00 to $154.00 and set an “outperform” rating on the stock in a research report on Friday, November 1st. Wolfe Research reissued a “peer perform” rating on shares of Xylem in a report on Thursday, December 12th. Royal Bank of Canada cut their target price on Xylem from $163.00 to $162.00 and set an “outperform” rating for the company in a research note on Friday, November 1st. Finally, Citigroup decreased their price target on shares of Xylem from $148.00 to $147.00 and set a “buy” rating on the stock in a research note on Monday, January 13th. Three research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $150.50.

Xylem Company 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.