29,120 Shares in Xylem Inc. (NYSE:XYL) Acquired by Union Bancaire Privee UBP SA

Union Bancaire Privee UBP SA bought a new stake in shares of Xylem Inc. (NYSE:XYL) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 29,120 shares of the industrial products company’s stock, valued at approximately $3,395,000.

Several other institutional investors have also added to or reduced their stakes in XYL. Bangor Savings Bank raised its holdings in Xylem by 56.7% in 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 during the period. Assetmark Inc. increased its stake in Xylem by 3,887.5% in 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 in the last quarter. Versant Capital Management Inc raised its holdings in Xylem by 318.2% during the fourth quarter. Versant Capital Management Inc now owns 368 shares of the industrial products company’s stock valued at $43,000 after acquiring an additional 280 shares during the period. Catalyst Capital Advisors LLC boosted its stake in shares of Xylem by 226.0% in the third quarter. Catalyst Capital Advisors LLC now owns 339 shares of the industrial products company’s stock worth $46,000 after acquiring an additional 235 shares during the period. Finally, Brooklyn Investment Group bought a new stake in Xylem during the 3rd quarter valued at approximately $55,000. 87.96% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

XYL has been the topic of several recent research reports. Citigroup decreased their target price on shares of Xylem from $148.00 to $147.00 and set a “buy” rating on the stock in a research report on Monday, January 13th. Wolfe Research restated a “peer perform” rating on shares of Xylem in a research report on Thursday, December 12th. Robert W. Baird dropped their target price on Xylem from $175.00 to $154.00 and set an “outperform” rating for the company in a report on Friday, November 1st. Stifel Nicolaus decreased their price target on Xylem from $166.00 to $150.00 and set a “buy” rating on the stock in a report on Friday. Finally, TD Cowen cut their price objective on shares of Xylem from $138.00 to $125.00 and set a “hold” rating on the stock in a research report on Wednesday, November 6th. Three analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $150.50.

Xylem Trading Down 0.0 %

XYL opened at $121.53 on Monday. The company has a quick ratio of 1.42, a current ratio of 1.96 and a debt-to-equity ratio of 0.19. The stock’s fifty day moving average is $120.88 and its two-hundred day moving average is $128.32. The company has a market capitalization of $29.53 billion, a P/E ratio of 35.54, a PEG 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.

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

Xylem Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 24th. Stockholders of record on Tuesday, November 26th were given a $0.36 dividend. The ex-dividend date 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 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.