Xylem Inc. (NYSE:XYL) Stock Holdings Raised by Chicago Capital LLC

Chicago Capital LLC raised its position in shares of Xylem Inc. (NYSE:XYL) by 1.7% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 17,108 shares of the industrial products company’s stock after buying an additional 286 shares during the quarter. Chicago Capital LLC’s holdings in Xylem were worth $1,985,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the company. Bangor Savings Bank boosted its stake in Xylem by 56.7% during the 3rd 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 during the period. Heck Capital Advisors LLC acquired a new position in shares of Xylem during the fourth quarter worth approximately $36,000. Assetmark Inc. boosted its position in Xylem by 3,887.5% during the 3rd quarter. Assetmark Inc. now owns 319 shares of the industrial products company’s stock worth $43,000 after acquiring an additional 311 shares during the period. Catalyst Capital Advisors LLC raised its stake in shares of Xylem by 226.0% during the third quarter. Catalyst Capital Advisors LLC now owns 339 shares of the industrial products company’s stock valued at $46,000 after purchasing an additional 235 shares in the last quarter. Finally, Versant Capital Management Inc grew its position in Xylem by 318.2% in the 4th quarter. Versant Capital Management Inc now owns 368 shares of the industrial products company’s stock valued at $43,000 after buying an additional 280 shares in the last quarter. 87.96% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

XYL has been the topic of several recent analyst reports. TD Cowen dropped their target price on Xylem from $138.00 to $125.00 and set a “hold” rating on the stock in a report on Wednesday, November 6th. Royal Bank of Canada cut their price target 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. Robert W. Baird dropped their target price on shares of Xylem from $175.00 to $154.00 and set an “outperform” rating on the stock in a report on Friday, November 1st. Stifel Nicolaus reduced their target price on shares of Xylem from $166.00 to $150.00 and set a “buy” rating for the company in a report on Friday, January 24th. Finally, Citigroup dropped their price target on Xylem from $148.00 to $147.00 and set a “buy” rating on the stock in a report on Monday, January 13th. Three investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $150.50.

Xylem Price Performance

NYSE XYL opened at $124.04 on Monday. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.96 and a quick ratio of 1.42. The firm has a market capitalization of $30.14 billion, a price-to-earnings ratio of 36.27, a price-to-earnings-growth ratio of 2.11 and a beta of 1.07. The company has a 50 day simple moving average of $120.69 and a 200-day simple moving average of $127.73. Xylem Inc. has a 52-week low of $112.02 and a 52-week high of $146.08.

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

Xylem Announces Dividend

The company 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. This represents a $1.44 annualized dividend and a yield of 1.16%. The ex-dividend date was Tuesday, November 26th. Xylem’s payout ratio is currently 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.