Jefferies Financial Group Inc. Has $1 Million Position in Xylem Inc. (NYSE:XYL)

Jefferies Financial Group Inc. decreased its holdings in shares of Xylem Inc. (NYSE:XYL - Free Report) by 66.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,633 shares of the industrial products company's stock after selling 16,907 shares during the quarter. Jefferies Financial Group Inc.'s holdings in Xylem were worth $1,002,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the business. Dempze Nancy E grew its holdings in Xylem by 0.3% during the fourth quarter. Dempze Nancy E now owns 25,761 shares of the industrial products company's stock valued at $2,989,000 after purchasing an additional 88 shares during the period. Townsquare Capital LLC grew its holdings in Xylem by 0.8% during the fourth quarter. Townsquare Capital LLC now owns 11,074 shares of the industrial products company's stock valued at $1,285,000 after purchasing an additional 88 shares during the period. Keel Point LLC grew its holdings in Xylem by 4.1% during the fourth quarter. Keel Point LLC now owns 2,371 shares of the industrial products company's stock valued at $275,000 after purchasing an additional 93 shares during the period. Clear Creek Financial Management LLC grew its holdings in Xylem by 4.3% during the fourth quarter. Clear Creek Financial Management LLC now owns 2,315 shares of the industrial products company's stock valued at $269,000 after purchasing an additional 96 shares during the period. Finally, Bleakley Financial Group LLC grew its holdings in Xylem by 2.3% during the fourth quarter. Bleakley Financial Group LLC now owns 4,359 shares of the industrial products company's stock valued at $506,000 after purchasing an additional 96 shares during the period. Institutional investors and hedge funds own 87.96% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on XYL. Raymond James upgraded shares of Xylem to a "hold" rating in a report on Thursday, May 15th. JPMorgan Chase & Co. started coverage on shares of Xylem in a research note on Friday. They issued an "overweight" rating and a $148.00 price target on the stock. Robert W. Baird cut their price target on shares of Xylem from $149.00 to $146.00 and set an "outperform" rating on the stock in a research note on Wednesday, April 30th. Citigroup cut their price target on shares of Xylem from $152.00 to $134.00 and set a "buy" rating on the stock in a research note on Monday, April 14th. Finally, Stifel Nicolaus lifted their price target on shares of Xylem from $140.00 to $141.00 and gave the company a "buy" rating in a research note on Wednesday, April 30th. Three analysts have rated the stock with a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $143.71.

Xylem Stock Down 0.2%

Shares of XYL stock traded down $0.31 during trading on Monday, reaching $125.73. The company's stock had a trading volume of 1,382,782 shares, compared to its average volume of 1,404,345. The business has a fifty day moving average price of $118.09 and a 200-day moving average price of $121.57. The company has a quick ratio of 1.33, a current ratio of 1.76 and a debt-to-equity ratio of 0.19. The company has a market cap of $30.60 billion, a price-to-earnings ratio of 34.35, a price-to-earnings-growth ratio of 2.33 and a beta of 1.10. Xylem Inc. has a one year low of $100.47 and a one year high of $143.50.

Xylem (NYSE:XYL - Get Free Report) last posted 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. 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 period in the prior year, the firm posted $0.90 earnings per share. The company's quarterly revenue was up 1.8% compared to the same quarter last year. Analysts anticipate that Xylem Inc. will post 4.65 earnings per share for the current year.

Xylem Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 26th. Shareholders of record on Thursday, May 29th will be issued a $0.40 dividend. The ex-dividend date of this dividend is Thursday, May 29th. This represents a $1.60 annualized dividend and a dividend yield of 1.27%. Xylem's dividend payout ratio is currently 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.