Generali Investments CEE investicni spolecnost a.s. Purchases Shares of 7,950 Xylem Inc. (NYSE:XYL)

Generali Investments CEE investicni spolecnost a.s. acquired a new position in Xylem Inc. (NYSE:XYL) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 7,950 shares of the industrial products company’s stock, valued at approximately $922,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Heck Capital Advisors LLC bought a new position in Xylem in the fourth quarter worth approximately $36,000. Pathway Financial Advisers LLC raised its holdings in Xylem by 122.4% in the 4th quarter. Pathway Financial Advisers LLC now owns 318 shares of the industrial products company’s stock worth $37,000 after purchasing an additional 175 shares during the period. SRS Capital Advisors Inc. lifted its position in Xylem by 69.5% during the fourth quarter. SRS Capital Advisors Inc. now owns 317 shares of the industrial products company’s stock valued at $37,000 after purchasing an additional 130 shares in the last quarter. Assetmark Inc. grew its holdings in Xylem by 3,887.5% during the third quarter. Assetmark Inc. now owns 319 shares of the industrial products company’s stock valued at $43,000 after purchasing an additional 311 shares during the period. Finally, Versant Capital Management Inc increased its position 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 buying an additional 280 shares in the last quarter. Hedge funds and other institutional investors own 87.96% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the stock. Wolfe Research restated a “peer perform” rating on shares of Xylem in a research note on Thursday, December 12th. Citigroup cut shares of Xylem from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, February 5th. Robert W. Baird increased their price target on Xylem from $139.00 to $148.00 and gave the stock an “outperform” rating in a research note on Wednesday, February 5th. Finally, Stifel Nicolaus lowered their price objective on Xylem from $166.00 to $150.00 and set a “buy” rating on the stock in a research report on Friday, January 24th. Four analysts have rated the stock with a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat, Xylem presently has an average rating of “Moderate Buy” and an average price target of $149.90.

Xylem Trading Up 1.4 %

Shares of XYL opened at $130.79 on Friday. Xylem Inc. has a fifty-two week low of $113.26 and a fifty-two week high of $146.08. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.33 and a current ratio of 1.76. The company’s fifty day moving average is $124.00 and its 200 day moving average is $127.06. The stock has a market capitalization of $31.79 billion, a PE ratio of 35.74, a P/E/G ratio of 2.33 and a beta of 1.08.

Xylem (NYSE:XYL) last posted its earnings results on Tuesday, February 4th. The industrial products company reported $1.18 earnings per share for the quarter, topping analysts’ consensus estimates of $1.12 by $0.06. Xylem had a net margin of 10.40% and a return on equity of 9.96%. The firm had revenue of $2.30 billion for the quarter, compared to the consensus estimate of $2.18 billion. During the same period in the previous year, the firm posted $0.99 EPS. The business’s quarterly revenue was up 8.6% on a year-over-year basis. Sell-side analysts expect that Xylem Inc. will post 4.65 earnings per share for the current fiscal year.

Xylem Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, March 19th. Stockholders of record on Tuesday, February 18th will be issued a $0.40 dividend. This is a boost from Xylem’s previous quarterly dividend of $0.36. The ex-dividend date of this dividend is Tuesday, February 18th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.22%. Xylem’s payout ratio is 43.72%.

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.