Evexia Wealth LLC Has $681,000 Position in Xylem Inc. (NYSE:XYL)

Evexia Wealth LLC increased its position in shares of Xylem Inc. (NYSE:XYL) by 29.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 5,083 shares of the industrial products company’s stock after acquiring an additional 1,168 shares during the period. Evexia Wealth LLC’s holdings in Xylem were worth $681,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also made changes to their positions in the company. First Affirmative Financial Network acquired a new stake in shares of Xylem in the 3rd quarter valued at $287,000. Livforsakringsbolaget Skandia Omsesidigt lifted its position in shares of Xylem by 331.3% during the 3rd quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 2,890 shares of the industrial products company’s stock worth $390,000 after buying an additional 2,220 shares during the last quarter. Mountain Pacific Investment Advisers LLC boosted its stake in Xylem by 1.5% in the third quarter. Mountain Pacific Investment Advisers LLC now owns 309,497 shares of the industrial products company’s stock valued at $41,791,000 after buying an additional 4,467 shares in the last quarter. BSN CAPITAL PARTNERS Ltd acquired a new stake in Xylem in the third quarter valued at about $6,500,000. Finally, CWM LLC grew its position in Xylem by 1.8% in the third quarter. CWM LLC now owns 8,255 shares of the industrial products company’s stock valued at $1,115,000 after acquiring an additional 145 shares during the last quarter. Institutional investors and hedge funds own 87.96% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on XYL. UBS Group started coverage on shares of Xylem in a research note on Tuesday, August 13th. They issued a “buy” rating and a $165.00 price target on the stock. TD Cowen restated a “hold” rating and issued a $138.00 target price on shares of Xylem in a research report on Tuesday, September 3rd. Stifel Nicolaus increased their price target on Xylem from $170.00 to $172.00 and gave the company a “buy” rating in a research note on Wednesday, July 31st. Robert W. Baird raised their price objective on Xylem from $155.00 to $170.00 and gave the company an “outperform” rating in a report on Wednesday, July 31st. Finally, Royal Bank of Canada upped their target price on Xylem from $160.00 to $163.00 and gave the stock an “outperform” rating in a report on Wednesday, July 31st. Four research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $149.67.

Xylem Trading Up 2.0 %

NYSE:XYL traded up $2.69 on Friday, reaching $136.86. 812,774 shares of the stock traded hands, compared to its average volume of 1,063,790. The firm has a market capitalization of $33.18 billion, a price-to-earnings ratio of 48.70, a price-to-earnings-growth ratio of 2.36 and a beta of 1.04. Xylem Inc. has a 1-year low of $87.59 and a 1-year high of $146.08. The company has a current ratio of 1.85, a quick ratio of 1.33 and a debt-to-equity ratio of 0.19. The company’s 50 day moving average is $132.80 and its 200-day moving average is $134.83.

Xylem (NYSE:XYL) last announced its earnings results on Tuesday, July 30th. The industrial products company reported $1.09 earnings per share for the quarter, topping analysts’ consensus estimates of $1.05 by $0.04. The business had revenue of $2.17 billion during the quarter, compared to the consensus estimate of $2.14 billion. Xylem had a net margin of 9.11% and a return on equity of 9.48%. Xylem’s quarterly revenue was up 26.0% on a year-over-year basis. During the same quarter last year, the firm earned $0.98 earnings per share. Equities research analysts anticipate that Xylem Inc. will post 4.26 EPS for the current fiscal year.

Xylem Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 26th. Investors of record on Thursday, August 29th were given a dividend of $0.36 per share. The ex-dividend date of this dividend was Thursday, August 29th. This represents a $1.44 annualized dividend and a dividend yield of 1.05%. Xylem’s payout ratio is 51.25%.

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.