Triodos Investment Management BV Purchases 26,300 Shares of Xylem Inc. (NYSE:XYL)

Triodos Investment Management BV increased its position in shares of Xylem Inc. (NYSE:XYL) by 12.7% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 234,000 shares of the industrial products company’s stock after buying an additional 26,300 shares during the quarter. Xylem accounts for about 2.2% of Triodos Investment Management BV’s portfolio, making the stock its 22nd biggest holding. Triodos Investment Management BV’s holdings in Xylem were worth $27,149,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the stock. Nordea Investment Management AB grew its position in shares of Xylem by 24.6% during the 4th quarter. Nordea Investment Management AB now owns 26,798 shares of the industrial products company’s stock worth $3,125,000 after purchasing an additional 5,286 shares in the last quarter. MML Investors Services LLC boosted its position in shares of Xylem by 66.9% during the third quarter. MML Investors Services LLC now owns 15,935 shares of the industrial products company’s stock valued at $2,152,000 after buying an additional 6,386 shares during the last quarter. Swedbank AB grew its stake in Xylem by 23.1% in the 4th quarter. Swedbank AB now owns 3,683,201 shares of the industrial products company’s stock valued at $427,325,000 after purchasing an additional 691,618 shares during the period. Groupama Asset Managment lifted its holdings in Xylem by 89.6% during the third quarter. Groupama Asset Managment now owns 16,340 shares of the industrial products company’s stock valued at $2,206,000 after purchasing an additional 7,723 shares during the last quarter. Finally, Benson Investment Management Company Inc. bought a new stake in shares of Xylem during the fourth quarter valued at about $5,094,000. 87.96% of the stock is owned by institutional investors and hedge funds.

Xylem Trading Down 0.8 %

Shares of XYL opened at $122.19 on Friday. The firm has a market capitalization of $29.70 billion, a P/E ratio of 33.39, a P/E/G ratio of 2.33 and a beta of 1.08. The company has a current ratio of 1.76, a quick ratio of 1.33 and a debt-to-equity ratio of 0.19. Xylem Inc. has a 12-month low of $113.26 and a 12-month high of $146.08. The firm has a 50-day moving average price of $125.71 and a 200 day moving average price of $125.97.

Xylem (NYSE:XYL) last posted its quarterly earnings results 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. Xylem had a net margin of 10.40% and a return on equity of 9.96%. The company had revenue of $2.30 billion during the quarter, compared to analysts’ expectations of $2.18 billion. During the same quarter in the previous year, the business posted $0.99 EPS. The firm’s revenue was up 8.6% on a year-over-year basis. Sell-side analysts forecast that Xylem Inc. will post 4.65 EPS for the current year.

Xylem Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 19th. Investors of record on Tuesday, February 18th were paid a $0.40 dividend. This is a boost from Xylem’s previous quarterly dividend of $0.36. The ex-dividend date was Tuesday, February 18th. This represents a $1.60 annualized dividend and a dividend yield of 1.31%. Xylem’s dividend payout ratio (DPR) is 43.72%.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on the company. Citigroup cut Xylem from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, February 5th. Wolfe Research reissued a “peer perform” rating on shares of Xylem in a report on Thursday, December 12th. Robert W. Baird boosted their price objective on Xylem from $139.00 to $148.00 and gave the company an “outperform” rating in a research report on Wednesday, February 5th. Finally, Stifel Nicolaus lowered their target price on Xylem from $166.00 to $150.00 and set a “buy” rating for the company in a research report on Friday, January 24th. Four research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat.com, Xylem currently has an average rating of “Moderate Buy” and a consensus target price of $149.89.

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.