Sanctuary Advisors LLC Acquires 713 Shares of Xylem Inc. (NYSE:XYL)

Sanctuary Advisors LLC raised its holdings in shares of Xylem Inc. (NYSE:XYL) by 2.7% in the fourth quarter, Holdings Channel.com reports. The firm owned 26,749 shares of the industrial products company’s stock after purchasing an additional 713 shares during the period. Sanctuary Advisors LLC’s holdings in Xylem were worth $3,258,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Creative Planning increased its position in Xylem by 9.8% during the 3rd quarter. Creative Planning now owns 28,515 shares of the industrial products company’s stock valued at $3,850,000 after buying an additional 2,536 shares in the last quarter. Swedbank AB boosted its holdings in Xylem by 22.8% in the third quarter. Swedbank AB now owns 2,991,583 shares of the industrial products company’s stock worth $403,953,000 after acquiring an additional 554,609 shares in the last quarter. Blue Trust Inc. grew its stake in shares of Xylem by 270.4% in the third quarter. Blue Trust Inc. now owns 1,000 shares of the industrial products company’s stock worth $136,000 after acquiring an additional 730 shares during the last quarter. Raymond James & Associates increased its holdings in shares of Xylem by 11.4% during the third quarter. Raymond James & Associates now owns 135,673 shares of the industrial products company’s stock valued at $18,320,000 after acquiring an additional 13,897 shares in the last quarter. Finally, Signaturefd LLC raised its position in shares of Xylem by 16.8% in the 3rd quarter. Signaturefd LLC now owns 5,010 shares of the industrial products company’s stock worth $676,000 after purchasing an additional 720 shares during the last quarter. 87.96% of the stock is currently owned by hedge funds and other institutional investors.

Xylem Trading Down 1.9 %

NYSE:XYL opened at $127.32 on Friday. The company has a market cap of $30.93 billion, a PE ratio of 34.79, a price-to-earnings-growth ratio of 2.34 and a beta of 1.07. The company has a current ratio of 1.76, a quick ratio of 1.33 and a debt-to-equity ratio of 0.19. The company has a 50 day simple moving average of $121.81 and a two-hundred day simple moving average of $127.19. Xylem Inc. has a 12 month low of $113.26 and a 12 month high of $146.08.

Xylem (NYSE:XYL) last issued its quarterly earnings data on Tuesday, February 4th. The industrial products company reported $1.18 EPS for the quarter, topping the consensus estimate of $1.12 by $0.06. The company had revenue of $2.30 billion during the quarter, compared to analyst estimates of $2.18 billion. Xylem had a return on equity of 9.96% and a net margin of 10.40%. Xylem’s revenue was up 8.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.99 earnings per share. Research analysts forecast that Xylem Inc. will post 4.65 earnings per share for the current year.

Xylem Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, March 19th. Stockholders of record on Tuesday, February 18th will be given a dividend of $0.40 per share. The ex-dividend date of this dividend is Tuesday, February 18th. This represents a $1.60 annualized dividend and a dividend yield of 1.26%. This is a positive change from Xylem’s previous quarterly dividend of $0.36. Xylem’s dividend payout ratio is presently 43.72%.

Analyst Upgrades and Downgrades

XYL has been the topic of several recent analyst reports. Citigroup downgraded shares of Xylem from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, February 5th. Royal Bank of Canada cut their price target on shares of Xylem from $163.00 to $162.00 and set an “outperform” rating on the stock in a report on Friday, November 1st. TD Cowen reduced their price target 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. Wolfe Research reaffirmed a “peer perform” rating on shares of Xylem in a research report on Thursday, December 12th. Finally, Stifel Nicolaus reduced their target price on Xylem from $166.00 to $150.00 and set a “buy” rating for the company in a report on Friday, January 24th. Four equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to MarketBeat.com, Xylem presently has a consensus rating of “Moderate Buy” and a consensus price target of $149.90.

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.