Xylem Inc. (NYSE:XYL) Shares Sold by Los Angeles Capital Management LLC

Los Angeles Capital Management LLC lessened its holdings in Xylem Inc. (NYSE:XYL) by 0.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 225,689 shares of the industrial products company’s stock after selling 1,584 shares during the period. Los Angeles Capital Management LLC owned approximately 0.09% of Xylem worth $26,184,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also modified their holdings of XYL. Swedbank AB lifted its stake in shares of Xylem by 22.8% in the 3rd quarter. Swedbank AB now owns 2,991,583 shares of the industrial products company’s stock valued at $403,953,000 after purchasing an additional 554,609 shares during the last quarter. Private Advisor Group LLC lifted its stake in shares of Xylem by 24.8% in the 3rd quarter. Private Advisor Group LLC now owns 10,969 shares of the industrial products company’s stock valued at $1,481,000 after purchasing an additional 2,180 shares during the last quarter. International Assets Investment Management LLC lifted its stake in shares of Xylem by 13,454.8% in the 3rd quarter. International Assets Investment Management LLC now owns 75,229 shares of the industrial products company’s stock valued at $10,158,000 after purchasing an additional 74,674 shares during the last quarter. Hennion & Walsh Asset Management Inc. lifted its stake in shares of Xylem by 34.8% in the 3rd quarter. Hennion & Walsh Asset Management Inc. now owns 3,419 shares of the industrial products company’s stock valued at $462,000 after purchasing an additional 883 shares during the last quarter. Finally, Allworth Financial LP lifted its stake in shares of Xylem by 55.2% in the 3rd quarter. Allworth Financial LP now owns 1,142 shares of the industrial products company’s stock valued at $154,000 after purchasing an additional 406 shares during the last quarter. Institutional investors and hedge funds own 87.96% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently commented on XYL shares. Stifel Nicolaus decreased their price target on Xylem from $166.00 to $150.00 and set a “buy” rating on the stock in a research note on Friday, January 24th. Citigroup downgraded Xylem from a “strong-buy” rating to a “hold” rating in a report on Wednesday, February 5th. Royal Bank of Canada cut their price objective on Xylem from $163.00 to $162.00 and set an “outperform” rating on the stock in a report on Friday, November 1st. Wolfe Research reiterated a “peer perform” rating on shares of Xylem in a report on Thursday, December 12th. Finally, Robert W. Baird boosted their price objective on Xylem from $139.00 to $148.00 and gave the company an “outperform” rating in a report on Wednesday, February 5th. Four research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $149.90.

Xylem Price Performance

Shares of NYSE XYL opened at $128.13 on Wednesday. The stock’s 50-day moving average is $122.11 and its two-hundred day moving average is $127.19. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.76 and a quick ratio of 1.33. Xylem Inc. has a 1-year low of $113.26 and a 1-year high of $146.08. The company has a market cap of $31.13 billion, a price-to-earnings ratio of 35.01, a price-to-earnings-growth ratio of 2.33 and a beta of 1.07.

Xylem (NYSE:XYL) last issued its quarterly earnings results 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. Xylem had a return on equity of 9.96% and a net margin of 10.40%. The company had revenue of $2.30 billion for the quarter, compared to the consensus estimate of $2.18 billion. During the same quarter in the prior year, the business earned $0.99 EPS. Xylem’s revenue was up 8.6% on a year-over-year basis. Analysts forecast that Xylem Inc. will post 4.65 EPS for the current fiscal year.

Xylem Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 19th. Stockholders of record on Tuesday, February 18th will be issued a $0.40 dividend. The ex-dividend date is Tuesday, February 18th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.25%. This is an increase from Xylem’s previous quarterly dividend of $0.36. Xylem’s dividend payout ratio is presently 43.72%.

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.