Compagnie Lombard Odier SCmA Boosts Stock Position in Xylem Inc. (NYSE:XYL)

Compagnie Lombard Odier SCmA increased its position in shares of Xylem Inc. (NYSE:XYL - Free Report) by 447.6% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,282 shares of the industrial products company's stock after purchasing an additional 3,500 shares during the period. Compagnie Lombard Odier SCmA's holdings in Xylem were worth $512,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of XYL. Tallon Kerry Patrick bought a new position in shares of Xylem in the fourth quarter worth about $260,000. Empowered Funds LLC lifted its holdings in Xylem by 14.0% in the 4th quarter. Empowered Funds LLC now owns 5,558 shares of the industrial products company's stock worth $645,000 after purchasing an additional 683 shares in the last quarter. Allspring Global Investments Holdings LLC boosted its stake in Xylem by 3.6% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 12,777 shares of the industrial products company's stock worth $1,481,000 after purchasing an additional 444 shares during the period. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors purchased a new stake in Xylem during the 4th quarter valued at approximately $534,000. Finally, Pathway Financial Advisers LLC raised its position in shares of Xylem by 122.4% during the fourth quarter. Pathway Financial Advisers LLC now owns 318 shares of the industrial products company's stock valued at $37,000 after buying an additional 175 shares during the last quarter. Hedge funds and other institutional investors own 87.96% of the company's stock.

Xylem Trading Down 1.5%

XYL traded down $1.95 on Friday, hitting $125.35. The company had a trading volume of 851,585 shares, compared to its average volume of 1,400,923. The business's fifty day simple moving average is $120.07 and its 200 day simple moving average is $121.75. The company has a quick ratio of 1.33, a current ratio of 1.76 and a debt-to-equity ratio of 0.19. Xylem Inc. has a 12-month low of $100.47 and a 12-month high of $143.50. The company has a market cap of $30.50 billion, a PE ratio of 34.25, a PEG ratio of 2.33 and a beta of 1.13.

Xylem (NYSE:XYL - Get Free Report) last announced its earnings results on Tuesday, April 29th. The industrial products company reported $1.03 EPS for the quarter, topping analysts' consensus estimates of $0.95 by $0.08. The firm had revenue of $2.07 billion during the quarter, compared to analysts' expectations of $2.04 billion. Xylem had a return on equity of 9.96% and a net margin of 10.40%. The company's quarterly revenue was up 1.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.90 EPS. Equities research analysts expect that Xylem Inc. will post 4.65 EPS for the current year.

Xylem Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 26th. Stockholders of record on Thursday, May 29th will be paid a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 1.28%. The ex-dividend date of this dividend is Thursday, May 29th. Xylem's dividend payout ratio is currently 43.01%.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the stock. Raymond James upgraded shares of Xylem to a "hold" rating in a research report on Thursday, May 15th. Citigroup dropped their price objective on shares of Xylem from $152.00 to $134.00 and set a "buy" rating for the company in a report on Monday, April 14th. Stifel Nicolaus lifted their target price on Xylem from $140.00 to $141.00 and gave the stock a "buy" rating in a report on Wednesday, April 30th. Robert W. Baird dropped their price target on Xylem from $149.00 to $146.00 and set an "outperform" rating for the company in a research note on Wednesday, April 30th. Finally, JPMorgan Chase & Co. began coverage on Xylem in a research note on Friday, May 30th. They issued an "overweight" rating and a $148.00 price objective on the stock. Three investment analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus 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.