Universal Beteiligungs und Servicegesellschaft mbH Acquires New Holdings in Xylem Inc. (NYSE:XYL)

Universal Beteiligungs und Servicegesellschaft mbH bought a new position in Xylem Inc. (NYSE:XYL) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 716,595 shares of the industrial products company’s stock, valued at approximately $83,139,000. Universal Beteiligungs und Servicegesellschaft mbH owned approximately 0.29% of Xylem as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Swedbank AB lifted its stake in shares of 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 last quarter. Smartleaf Asset Management LLC raised its holdings in Xylem by 31.9% during the fourth quarter. Smartleaf Asset Management LLC now owns 575 shares of the industrial products company’s stock valued at $67,000 after buying an additional 139 shares in the last quarter. Triodos Investment Management BV lifted its position in shares of Xylem by 12.7% in the fourth quarter. Triodos Investment Management BV now owns 234,000 shares of the industrial products company’s stock worth $27,149,000 after buying an additional 26,300 shares during the last quarter. Stoneridge Investment Partners LLC bought a new stake in shares of Xylem during the 4th quarter worth about $3,754,000. Finally, Allianz SE bought a new stake in shares of Xylem during the 4th quarter worth about $1,910,000. 87.96% of the stock is owned by institutional investors.

Xylem Stock Down 1.0%

XYL opened at $124.02 on Tuesday. The business has a 50 day moving average of $117.62 and a 200-day moving average of $121.49. The stock has a market capitalization of $30.18 billion, a price-to-earnings ratio of 33.89, a P/E/G ratio of 2.33 and a beta of 1.10. 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 1-year low of $100.47 and a 1-year high of $144.41.

Xylem (NYSE:XYL) last issued its quarterly earnings results on Tuesday, April 29th. The industrial products company reported $1.03 earnings per share for the quarter, beating analysts’ consensus estimates of $0.95 by $0.08. Xylem had a net margin of 10.40% and a return on equity of 9.96%. The firm had revenue of $2.07 billion during the quarter, compared to the consensus estimate of $2.04 billion. During the same period in the prior year, the firm earned $0.90 EPS. The business’s revenue was up 1.8% on a year-over-year basis. As a group, sell-side analysts anticipate that Xylem Inc. will post 4.65 earnings per share for the current year.

Xylem Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 26th. Stockholders of record on Thursday, May 29th will be given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.29%. The ex-dividend date of this dividend is Thursday, May 29th. Xylem’s dividend payout ratio is presently 43.01%.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the company. Stifel Nicolaus raised their price objective on Xylem from $140.00 to $141.00 and gave the company a “buy” rating in a research note on Wednesday, April 30th. Royal Bank of Canada increased their price target on Xylem from $143.00 to $147.00 and gave the company an “outperform” rating in a report on Wednesday, April 30th. Raymond James raised shares of Xylem to a “hold” rating in a research report on Thursday, May 15th. Citigroup decreased their price objective on shares of Xylem from $152.00 to $134.00 and set a “buy” rating for the company in a report on Monday, April 14th. Finally, Robert W. Baird lowered their target price on shares of Xylem from $149.00 to $146.00 and set an “outperform” rating on the stock in a research note on Wednesday, April 30th. Three equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $146.88.

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.