Robeco Institutional Asset Management B.V. Has $25.75 Million Stake in Xylem Inc. (NYSE:XYL)

Robeco Institutional Asset Management B.V. lessened its stake in shares of Xylem Inc. (NYSE:XYL) by 29.5% during the fourth quarter, Holdings Channel reports. The fund owned 221,927 shares of the industrial products company’s stock after selling 93,037 shares during the quarter. Robeco Institutional Asset Management B.V.’s holdings in Xylem were worth $25,748,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Bangor Savings Bank boosted its position in shares of Xylem by 56.7% during the 3rd quarter. Bangor Savings Bank now owns 235 shares of the industrial products company’s stock worth $32,000 after purchasing an additional 85 shares in the last quarter. Assetmark Inc. raised its stake 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 buying an additional 311 shares during the period. Versant Capital Management Inc boosted its holdings in Xylem by 318.2% in the fourth 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 in the last quarter. Catalyst Capital Advisors LLC grew its stake in Xylem by 226.0% in the third quarter. Catalyst Capital Advisors LLC now owns 339 shares of the industrial products company’s stock valued at $46,000 after acquiring an additional 235 shares during the period. Finally, Brooklyn Investment Group bought a new stake in shares of Xylem during the third quarter valued at approximately $55,000. 87.96% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

XYL has been the subject of several research reports. Wolfe Research reissued a “peer perform” rating on shares of Xylem in a research report on Thursday, December 12th. Royal Bank of Canada decreased their target price on shares of Xylem from $163.00 to $162.00 and set an “outperform” rating for the company in a research report on Friday, November 1st. Stifel Nicolaus cut their price target on Xylem from $166.00 to $150.00 and set a “buy” rating for the company in a research note on Friday, January 24th. Citigroup lowered their price objective on Xylem from $148.00 to $147.00 and set a “buy” rating for the company in a research note on Monday, January 13th. Finally, Robert W. Baird decreased their price target on Xylem from $175.00 to $154.00 and set an “outperform” rating for the company in a report on Friday, November 1st. Three investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $150.50.

Xylem Price Performance

XYL opened at $121.83 on Friday. Xylem Inc. has a fifty-two week low of $112.02 and a fifty-two week high of $146.08. The firm has a 50-day moving average of $120.75 and a 200 day moving average of $128.00. 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 firm has a market cap of $29.60 billion, a P/E ratio of 35.62, a PEG ratio of 2.05 and a beta of 1.06.

Xylem (NYSE:XYL) last issued its quarterly earnings results on Thursday, October 31st. The industrial products company reported $1.11 earnings per share (EPS) for the quarter, hitting the consensus estimate of $1.11. Xylem had a net margin of 9.85% and a return on equity of 9.61%. The company had revenue of $2.10 billion during the quarter, compared to analyst estimates of $2.17 billion. During the same quarter last year, the business posted $0.99 EPS. Xylem’s quarterly revenue was up .2% compared to the same quarter last year. On average, research analysts expect that Xylem Inc. will post 4.23 EPS for the current year.

Xylem Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 24th. Shareholders of record on Tuesday, November 26th were paid a $0.36 dividend. The ex-dividend date of this dividend was Tuesday, November 26th. This represents a $1.44 annualized dividend and a dividend yield of 1.18%. Xylem’s payout ratio is presently 42.11%.

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.