Commerzbank Aktiengesellschaft FI Has $10.44 Million Holdings in Xylem Inc. (NYSE:XYL)

Commerzbank Aktiengesellschaft FI boosted its holdings in Xylem Inc. (NYSE:XYL) by 3.8% in the 4th quarter, Holdings Channel.com reports. The firm owned 89,956 shares of the industrial products company’s stock after acquiring an additional 3,322 shares during the period. Commerzbank Aktiengesellschaft FI’s holdings in Xylem were worth $10,437,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Impax Asset Management Group plc increased its holdings in shares of Xylem by 231.5% during the fourth quarter. Impax Asset Management Group plc now owns 5,561,661 shares of the industrial products company’s stock worth $644,039,000 after purchasing an additional 3,883,845 shares during the period. Swedbank AB grew its position in Xylem by 23.1% during the fourth quarter. Swedbank AB now owns 3,683,201 shares of the industrial products company’s stock worth $427,325,000 after buying an additional 691,618 shares in the last quarter. Erste Asset Management GmbH bought a new position in Xylem during the 3rd quarter worth $68,593,000. B. Metzler seel. Sohn & Co. Holding AG acquired a new position in Xylem in the 3rd quarter valued at $52,169,000. Finally, Champlain Investment Partners LLC lifted its position in shares of Xylem by 17.8% during the 3rd quarter. Champlain Investment Partners LLC now owns 1,657,785 shares of the industrial products company’s stock valued at $223,851,000 after acquiring an additional 249,975 shares during the period. Institutional investors and hedge funds own 87.96% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on XYL. Citigroup cut Xylem from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, February 5th. TD Cowen decreased their target price on shares of Xylem from $138.00 to $125.00 and set a “hold” rating on the stock in a report on Wednesday, November 6th. Wolfe Research reaffirmed a “peer perform” rating on shares of Xylem in a report on Thursday, December 12th. Robert W. Baird increased their price target on shares of Xylem from $139.00 to $148.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 5th. Finally, Stifel Nicolaus lowered their price objective on shares of Xylem from $166.00 to $150.00 and set a “buy” rating for the company in a research report on Friday, January 24th. Four analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $149.90.

Xylem Price Performance

Shares of NYSE:XYL opened at $129.69 on Tuesday. Xylem Inc. has a one year low of $113.26 and a one year high of $146.08. 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 company has a market cap of $31.51 billion, a price-to-earnings ratio of 35.43, a PEG ratio of 2.33 and a beta of 1.07. The firm has a 50 day simple moving average of $123.12 and a 200 day simple moving average of $127.15.

Xylem (NYSE:XYL) last announced its quarterly earnings results on Tuesday, February 4th. The industrial products company reported $1.18 EPS for the quarter, beating analysts’ consensus estimates of $1.12 by $0.06. The company had revenue of $2.30 billion during 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%. Xylem’s revenue was up 8.6% compared to the same quarter last year. During the same period in the prior year, the company earned $0.99 EPS. Research analysts predict that Xylem Inc. will post 4.65 earnings per share for the current fiscal year.

Xylem Increases Dividend

The company also recently declared 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 boost from Xylem’s previous quarterly dividend of $0.36. This represents a $1.60 annualized dividend and a dividend yield of 1.23%. The ex-dividend date is Tuesday, February 18th. Xylem’s payout ratio is 43.72%.

About Xylem

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.