Xylem Inc. (NYSE:XYL) Shares Acquired by Boston Common Asset Management LLC

Boston Common Asset Management LLC boosted its position in Xylem Inc. (NYSE:XYL - Free Report) by 6.7% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 127,357 shares of the industrial products company's stock after acquiring an additional 8,053 shares during the quarter. Boston Common Asset Management LLC owned 0.05% of Xylem worth $15,214,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in XYL. MassMutual Private Wealth & Trust FSB grew its position in shares of Xylem by 22.2% during the first quarter. MassMutual Private Wealth & Trust FSB now owns 92,581 shares of the industrial products company's stock worth $11,060,000 after acquiring an additional 16,801 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its position in shares of Xylem by 8.4% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 52,401 shares of the industrial products company's stock worth $6,080,000 after purchasing an additional 4,052 shares in the last quarter. Lansforsakringar Fondforvaltning AB publ purchased a new position in Xylem during the 4th quarter valued at about $17,979,000. PKO Investment Management Joint Stock Co purchased a new position in Xylem during the 4th quarter valued at about $1,160,000. Finally, Siemens Fonds Invest GmbH raised its position in Xylem by 201.4% during the fourth quarter. Siemens Fonds Invest GmbH now owns 7,644 shares of the industrial products company's stock worth $979,000 after acquiring an additional 5,108 shares during the last quarter. 87.96% of the stock is currently owned by hedge funds and other institutional investors.

Xylem Trading Down 0.9%

NYSE XYL traded down $1.17 during mid-day trading on Monday, hitting $124.88. The company's stock had a trading volume of 672,763 shares, compared to its average volume of 1,622,724. Xylem Inc. has a 52-week low of $100.47 and a 52-week high of $143.50. The stock's fifty day simple moving average is $118.04 and its two-hundred day simple moving average is $121.55. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.76 and a quick ratio of 1.33. The firm has a market capitalization of $30.39 billion, a P/E ratio of 34.12, a price-to-earnings-growth ratio of 2.33 and a beta of 1.10.

Xylem (NYSE:XYL - Get Free Report) last posted its quarterly earnings results on Tuesday, April 29th. The industrial products company reported $1.03 EPS for the quarter, beating the consensus estimate 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 for the quarter, compared to analyst estimates of $2.04 billion. During the same quarter last year, the firm posted $0.90 earnings per share. Xylem's revenue for the quarter was up 1.8% compared to the same quarter last year. Research analysts expect that Xylem Inc. will post 4.65 EPS for the current year.

Xylem Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 26th. Shareholders of record on Thursday, May 29th will be paid a dividend of $0.40 per share. The ex-dividend date is Thursday, May 29th. This represents a $1.60 dividend on an annualized basis and a yield of 1.28%. Xylem's dividend payout ratio (DPR) is presently 43.01%.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on XYL shares. Royal Bank of Canada lifted their target price on shares of Xylem from $143.00 to $147.00 and gave the stock an "outperform" rating in a research report on Wednesday, April 30th. Citigroup reduced their target price on shares of Xylem from $152.00 to $134.00 and set a "buy" rating on the stock in a report on Monday, April 14th. JPMorgan Chase & Co. started coverage on shares of Xylem in a report on Friday. They issued an "overweight" rating and a $148.00 target price on the stock. Robert W. Baird reduced their target price on shares of Xylem from $149.00 to $146.00 and set an "outperform" rating on the stock in a report on Wednesday, April 30th. Finally, Stifel Nicolaus upped their target price on shares of Xylem from $140.00 to $141.00 and gave the company a "buy" rating in a report on Wednesday, April 30th. Three investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat.com, Xylem presently has an average rating of "Moderate Buy" and an average target price of $143.71.

About Xylem

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.