S.E.E.D. Planning Group LLC Sells 690 Shares of Xylem Inc. (NYSE:XYL)

S.E.E.D. Planning Group LLC decreased its stake in shares of Xylem Inc. (NYSE:XYL) by 14.2% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 4,179 shares of the industrial products company’s stock after selling 690 shares during the quarter. S.E.E.D. Planning Group LLC’s holdings in Xylem were worth $485,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in XYL. Bangor Savings Bank grew its position in Xylem by 56.7% during the third quarter. Bangor Savings Bank now owns 235 shares of the industrial products company’s stock worth $32,000 after buying an additional 85 shares in the last quarter. Mark Sheptoff Financial Planning LLC acquired a new stake in shares of Xylem during the 2nd quarter worth approximately $33,000. Assetmark Inc. grew its holdings in shares of 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 purchasing an additional 311 shares in the last quarter. Catalyst Capital Advisors LLC increased its position 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 during the period. Finally, Versant Capital Management Inc raised its stake in shares of Xylem by 318.2% in the fourth quarter. Versant Capital Management Inc now owns 368 shares of the industrial products company’s stock valued at $43,000 after purchasing an additional 280 shares in the last quarter. Institutional investors and hedge funds own 87.96% of the company’s stock.

Xylem Price Performance

Shares of XYL stock opened at $115.48 on Wednesday. Xylem Inc. has a 52 week low of $109.39 and a 52 week high of $146.08. The stock has a market capitalization of $28.06 billion, a PE ratio of 33.77, a PEG ratio of 2.22 and a beta of 1.06. 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 $121.55 and its 200-day moving average is $129.20.

Xylem (NYSE:XYL) last issued its quarterly earnings data on Thursday, October 31st. The industrial products company reported $1.11 EPS for the quarter, hitting analysts’ consensus estimates of $1.11. The firm had revenue of $2.10 billion for 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%. During the same quarter in the prior year, the firm earned $0.99 EPS. The company’s revenue was up .2% on a year-over-year basis. Equities research analysts expect that Xylem Inc. will post 4.23 EPS for the current fiscal year.

Xylem Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 24th. Investors of record on Tuesday, November 26th were issued a $0.36 dividend. This represents a $1.44 dividend on an annualized basis and a dividend yield of 1.25%. The ex-dividend date of this dividend was Tuesday, November 26th. Xylem’s dividend payout ratio is currently 42.11%.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on XYL shares. Royal Bank of Canada dropped their price objective on shares of Xylem from $163.00 to $162.00 and set an “outperform” rating for the company in a research note on Friday, November 1st. Robert W. Baird dropped their price target on shares of Xylem from $175.00 to $154.00 and set an “outperform” rating for the company in a research report on Friday, November 1st. Citigroup decreased their price objective on Xylem from $148.00 to $147.00 and set a “buy” rating on the stock in a report on Monday. Wolfe Research reiterated a “peer perform” rating on shares of Xylem in a research note on Thursday, December 12th. Finally, Stifel Nicolaus cut their target price on Xylem from $172.00 to $166.00 and set a “buy” rating for the company in a research report on Wednesday, December 11th. Three equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $152.10.

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.