Xylem Inc. (NYSE:XYL) Shares Sold by Kintegral Advisory LLC

Kintegral Advisory LLC decreased its holdings in shares of Xylem Inc. (NYSE:XYL - Free Report) by 32.9% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 12,134 shares of the industrial products company's stock after selling 5,949 shares during the quarter. Kintegral Advisory LLC's holdings in Xylem were worth $1,450,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in XYL. Smartleaf Asset Management LLC lifted its stake in shares of Xylem by 31.9% during the fourth quarter. Smartleaf Asset Management LLC now owns 575 shares of the industrial products company's stock worth $67,000 after purchasing an additional 139 shares in the last quarter. SRS Capital Advisors Inc. lifted its position in Xylem by 69.5% during the 4th quarter. SRS Capital Advisors Inc. now owns 317 shares of the industrial products company's stock worth $37,000 after acquiring an additional 130 shares in the last quarter. Jones Financial Companies Lllp lifted its position in shares of Xylem by 9.7% during the fourth quarter. Jones Financial Companies Lllp now owns 3,623 shares of the industrial products company's stock worth $420,000 after purchasing an additional 320 shares in the last quarter. SBI Securities Co. Ltd. acquired a new position in shares of Xylem during the fourth quarter worth $61,000. Finally, Steward Partners Investment Advisory LLC lifted its position in shares of Xylem by 13.2% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 19,709 shares of the industrial products company's stock worth $2,287,000 after purchasing an additional 2,298 shares in the last quarter. Institutional investors and hedge funds own 87.96% of the company's stock.

Wall Street Analyst Weigh In

XYL has been the topic of a number of recent research reports. Royal Bank Of Canada boosted 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. JPMorgan Chase & Co. began coverage on shares of Xylem in a report on Friday, May 30th. They issued an "overweight" rating and a $148.00 price objective on the stock. Robert W. Baird cut their price target on Xylem from $149.00 to $146.00 and set an "outperform" rating on the stock in a research note on Wednesday, April 30th. Raymond James Financial upgraded Xylem to a "hold" rating in a research note on Thursday, May 15th. Finally, Citigroup cut their target price on Xylem from $152.00 to $134.00 and set a "buy" rating on the stock in a research report on Monday, April 14th. Three investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $143.71.

Xylem Stock Down 1.0%

NYSE XYL traded down $1.37 on Monday, hitting $130.91. 1,320,626 shares of the stock traded hands, compared to its average volume of 1,415,382. The stock has a 50-day moving average of $126.17 and a 200 day moving average of $122.24. Xylem Inc. has a twelve month low of $100.47 and a twelve month high of $143.50. The company has a market capitalization of $31.86 billion, a P/E ratio of 35.19, a price-to-earnings-growth ratio of 2.41 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 posted its quarterly earnings results on Tuesday, April 29th. The industrial products company reported $1.03 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.95 by $0.08. The business had revenue of $2.07 billion for the quarter, compared to analyst estimates of $2.04 billion. Xylem had a return on equity of 10.12% and a net margin of 10.54%. The business's revenue was up 1.8% compared to the same quarter last year. During the same period in the prior year, the company posted $0.90 EPS. As a group, analysts expect that Xylem Inc. will post 4.65 earnings per share for the current fiscal year.

Xylem Announces Dividend

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

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.