BLI Banque de Luxembourg Investments Invests $18.12 Million in Xylem Inc. (NYSE:XYL)

BLI Banque de Luxembourg Investments purchased a new position in Xylem Inc. (NYSE:XYL - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 155,850 shares of the industrial products company's stock, valued at approximately $18,123,000. BLI Banque de Luxembourg Investments owned approximately 0.06% of Xylem at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Lee Danner & Bass Inc. acquired a new position in shares of Xylem during the 4th quarter worth approximately $30,000. Rialto Wealth Management LLC acquired a new position in Xylem during the fourth quarter worth $31,000. Heck Capital Advisors LLC acquired a new position in Xylem during the fourth quarter worth $36,000. SRS Capital Advisors Inc. grew its holdings in Xylem by 69.5% in the 4th quarter. SRS Capital Advisors Inc. now owns 317 shares of the industrial products company's stock valued at $37,000 after buying an additional 130 shares in the last quarter. Finally, Pathway Financial Advisers LLC increased its stake in shares of 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 acquiring an additional 175 shares during the last quarter. 87.96% of the stock is currently owned by institutional investors and hedge funds.

Xylem Price Performance

XYL stock opened at $124.30 on Friday. The business's fifty day moving average price is $118.02 and its 200 day moving average price is $121.86. Xylem Inc. has a 12-month low of $100.47 and a 12-month high of $146.08. The company has a market capitalization of $30.25 billion, a PE ratio of 33.96, 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 (NYSE:XYL - Get Free Report) last issued its quarterly earnings results on Tuesday, April 29th. The industrial products company reported $1.03 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.95 by $0.08. The business had revenue of $2.07 billion for the quarter, compared to analysts' expectations of $2.04 billion. Xylem had a net margin of 10.40% and a return on equity of 9.96%. The business's quarterly revenue was up 1.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.90 earnings per share. On average, sell-side analysts anticipate 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. Stockholders 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. This represents a $1.60 annualized dividend and a dividend yield of 1.29%. The ex-dividend date of this dividend was Tuesday, February 18th. Xylem's dividend payout ratio (DPR) is presently 43.01%.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the stock. Stifel Nicolaus upped their price objective on shares of Xylem from $140.00 to $141.00 and gave the company a "buy" rating in a report on Wednesday. Robert W. Baird dropped their price target on shares of Xylem from $149.00 to $146.00 and set an "outperform" rating for the company in a research note on Wednesday. Citigroup decreased their price objective on Xylem from $152.00 to $134.00 and set a "buy" rating on the stock in a report on Monday, April 14th. Finally, Royal Bank of Canada increased their price objective on Xylem from $143.00 to $147.00 and gave the stock an "outperform" rating in a research report on Wednesday. Two investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target 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.

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