Xylem Inc. (NYSE:XYL) Shares Sold by Sachetta LLC

Sachetta LLC decreased its position in Xylem Inc. (NYSE:XYL) by 9.0% in the 4th quarter, Holdings Channel.com reports. The fund owned 2,041 shares of the industrial products company’s stock after selling 202 shares during the period. Sachetta LLC’s holdings in Xylem were worth $237,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also made changes to their positions in the company. Thrivent Financial for Lutherans increased its stake in Xylem by 399.2% during the second quarter. Thrivent Financial for Lutherans now owns 51,282 shares of the industrial products company’s stock valued at $6,955,000 after purchasing an additional 41,010 shares during the last quarter. Public Sector Pension Investment Board grew its position in shares of Xylem by 77.3% during the 2nd quarter. Public Sector Pension Investment Board now owns 9,410 shares of the industrial products company’s stock valued at $1,276,000 after buying an additional 4,103 shares during the last quarter. Marshall Wace LLP grew its position in shares of Xylem by 433.0% during the 2nd quarter. Marshall Wace LLP now owns 229,082 shares of the industrial products company’s stock valued at $31,070,000 after buying an additional 186,105 shares during the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp raised its stake in Xylem by 60.9% during the second quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 46,302 shares of the industrial products company’s stock worth $6,280,000 after acquiring an additional 17,519 shares during the period. Finally, Point72 Asia Singapore Pte. Ltd. lifted its holdings in Xylem by 349.5% in the second quarter. Point72 Asia Singapore Pte. Ltd. now owns 2,135 shares of the industrial products company’s stock worth $290,000 after acquiring an additional 1,660 shares during the last quarter. 87.96% of the stock is currently owned by institutional investors.

Xylem Stock Down 0.0 %

XYL stock opened at $121.53 on Friday. The firm’s 50-day moving average is $120.88 and its two-hundred day moving average is $128.41. The company has a market capitalization of $29.53 billion, a price-to-earnings ratio of 35.54, a price-to-earnings-growth ratio of 2.05 and a beta of 1.06. Xylem Inc. has a 52 week low of $111.72 and a 52 week high of $146.08. The company has a current ratio of 1.96, a quick ratio of 1.42 and a debt-to-equity ratio of 0.19.

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

Xylem Dividend Announcement

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

Analyst Ratings Changes

XYL has been the subject of several recent research reports. TD Cowen lowered their target price on Xylem from $138.00 to $125.00 and set a “hold” rating for the company in a report on Wednesday, November 6th. Wolfe Research restated a “peer perform” rating on shares of Xylem in a research note on Thursday, December 12th. Stifel Nicolaus cut their target price on Xylem from $166.00 to $150.00 and set a “buy” rating on the stock in a research note on Friday. Citigroup reduced their price target on shares of Xylem from $148.00 to $147.00 and set a “buy” rating for the company in a report on Monday, January 13th. Finally, Robert W. Baird dropped their price objective on shares of Xylem from $175.00 to $154.00 and set an “outperform” rating on the stock 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. According to data from MarketBeat, Xylem has an average rating of “Moderate Buy” and an average target price of $150.50.

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.