Dempze Nancy E Boosts Stock Position in Xylem Inc. (NYSE:XYL)

Dempze Nancy E raised its stake in Xylem Inc. (NYSE:XYL - Free Report) by 8.8% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 28,036 shares of the industrial products company's stock after buying an additional 2,275 shares during the quarter. Xylem makes up approximately 2.0% of Dempze Nancy E's investment portfolio, making the stock its 23rd largest position. Dempze Nancy E's holdings in Xylem were worth $3,349,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also modified their holdings of the business. Valley National Advisers Inc. raised its holdings in shares of Xylem by 84.9% in the first quarter. Valley National Advisers Inc. now owns 220 shares of the industrial products company's stock worth $26,000 after acquiring an additional 101 shares during the last quarter. Perkins Coie Trust Co purchased a new stake in shares of Xylem in the first quarter worth about $27,000. Center for Financial Planning Inc. boosted its position in shares of Xylem by 52.0% in the first quarter. Center for Financial Planning Inc. now owns 266 shares of the industrial products company's stock worth $32,000 after buying an additional 91 shares during the period. Heck Capital Advisors LLC purchased a new stake in shares of Xylem in the fourth quarter worth about $36,000. Finally, Financial Gravity Asset Management Inc. acquired a new position in shares of Xylem in the first quarter worth about $41,000. Institutional investors and hedge funds own 87.96% of the company's stock.

Analyst Ratings Changes

A number of analysts have recently issued reports on the company. Royal Bank Of Canada increased their target price on Xylem from $143.00 to $147.00 and gave the company an "outperform" rating in a report on Wednesday, April 30th. Robert W. Baird cut their target price on shares of Xylem from $149.00 to $146.00 and set an "outperform" rating for the company in a research note on Wednesday, April 30th. JPMorgan Chase & Co. began coverage on shares of Xylem in a research report on Friday, May 30th. They issued an "overweight" rating and a $148.00 price objective for the company. Citigroup reaffirmed a "buy" rating and issued a $152.00 target price (up from $137.00) on shares of Xylem in a research note on Monday, July 14th. Finally, Raymond James Financial upgraded shares of Xylem to a "hold" rating in a research note on Thursday, May 15th. Three research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $149.29.

Xylem Price Performance

NYSE XYL opened at $131.55 on Wednesday. The company's 50 day moving average is $128.10 and its two-hundred day moving average is $123.29. Xylem Inc. has a 12 month low of $100.47 and a 12 month high of $143.50. The stock has a market cap of $32.01 billion, a price-to-earnings ratio of 35.44, a PEG ratio of 2.40 and a beta of 1.12. The company has a current ratio of 1.89, a quick ratio of 1.41 and a debt-to-equity ratio of 0.18.

Xylem (NYSE:XYL - Get Free Report) last issued its earnings results on Tuesday, April 29th. The industrial products company reported $1.03 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.95 by $0.08. The firm had revenue of $2.07 billion during the quarter, compared to analyst estimates of $2.04 billion. Xylem had a net margin of 10.54% and a return on equity of 10.12%. The business's revenue was up 1.8% on a year-over-year basis. During the same period in the previous year, the firm earned $0.90 earnings per share. As a group, research analysts anticipate that Xylem Inc. will post 4.65 earnings per share for the current year.

Xylem Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, June 26th. Shareholders of record on Thursday, May 29th were paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.22%. The ex-dividend date of this dividend was Thursday, May 29th. Xylem's dividend payout ratio (DPR) is presently 43.01%.

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.

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