TCW Group Inc. Has $40.58 Million Stock Position in Xylem Inc. (NYSE:XYL)

TCW Group Inc. lowered its position in shares of Xylem Inc. (NYSE:XYL) by 6.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 349,794 shares of the industrial products company’s stock after selling 23,263 shares during the quarter. TCW Group Inc. owned 0.14% of Xylem worth $40,583,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of XYL. Heck Capital Advisors LLC acquired a new position in Xylem during the 4th quarter worth approximately $36,000. Pathway Financial Advisers LLC boosted its position in Xylem by 122.4% during the 4th quarter. Pathway Financial Advisers LLC now owns 318 shares of the industrial products company’s stock worth $37,000 after acquiring an additional 175 shares during the last quarter. 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 last quarter. Versant Capital Management Inc boosted its position in Xylem by 318.2% during the 4th quarter. Versant Capital Management Inc now owns 368 shares of the industrial products company’s stock worth $43,000 after acquiring an additional 280 shares during the last quarter. Finally, Catalyst Capital Advisors LLC raised its stake in shares of Xylem by 226.0% during the 3rd quarter. Catalyst Capital Advisors LLC now owns 339 shares of the industrial products company’s stock worth $46,000 after purchasing an additional 235 shares in the last quarter. Institutional investors and hedge funds own 87.96% of the company’s stock.

Wall Street Analysts Forecast Growth

XYL has been the topic of a number of analyst reports. Stifel Nicolaus dropped their price objective on Xylem from $166.00 to $150.00 and set a “buy” rating on the stock in a research note on Friday, January 24th. Robert W. Baird upped their price objective on Xylem from $139.00 to $148.00 and gave the stock an “outperform” rating in a research note on Wednesday, February 5th. TD Cowen dropped their price objective on Xylem from $138.00 to $125.00 and set a “hold” rating on the stock in a research note on Wednesday, November 6th. Citigroup cut Xylem from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, February 5th. Finally, Royal Bank of Canada dropped their price objective on Xylem from $163.00 to $162.00 and set an “outperform” rating on the stock in a research note on Friday, November 1st. Four investment analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to MarketBeat, Xylem presently has an average rating of “Moderate Buy” and an average target price of $149.90.

Xylem Stock Down 1.9 %

XYL stock opened at $127.32 on Friday. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.76 and a quick ratio of 1.33. The stock has a market capitalization of $30.93 billion, a price-to-earnings ratio of 34.79, a PEG ratio of 2.33 and a beta of 1.07. The business’s fifty day moving average price is $121.81 and its two-hundred day moving average price is $127.19. Xylem Inc. has a fifty-two week low of $113.26 and a fifty-two week high of $146.08.

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

Xylem Increases Dividend

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

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.