Xylem Inc. (NYSE:XYL) Position Lessened by Lbp Am Sa

LBP AM SA trimmed its holdings in Xylem Inc. (NYSE:XYL - Free Report) by 24.1% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 307,050 shares of the industrial products company's stock after selling 97,383 shares during the quarter. LBP AM SA owned about 0.13% of Xylem worth $36,680,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Dynamic Advisor Solutions LLC bought a new position in Xylem in the 1st quarter worth approximately $694,000. Triodos Investment Management BV grew its holdings in Xylem by 12.7% in the 4th quarter. Triodos Investment Management BV now owns 234,000 shares of the industrial products company's stock worth $27,149,000 after buying an additional 26,300 shares in the last quarter. Farther Finance Advisors LLC lifted its position in Xylem by 30.4% in the first quarter. Farther Finance Advisors LLC now owns 1,797 shares of the industrial products company's stock worth $215,000 after purchasing an additional 419 shares during the period. Allianz SE acquired a new stake in Xylem in the fourth quarter worth approximately $1,910,000. Finally, NBC Securities Inc. acquired a new stake in Xylem in the first quarter worth approximately $72,000. 87.96% of the stock is owned by institutional investors.

Xylem Price Performance

Shares of NYSE:XYL traded up $0.30 on Thursday, reaching $131.85. 252,226 shares of the company traded hands, compared to its average volume of 1,547,674. Xylem Inc. has a fifty-two week low of $100.47 and a fifty-two week high of $143.50. The company's 50 day moving average is $126.64 and its 200-day moving average is $122.37. The stock has a market capitalization of $32.08 billion, a PE ratio of 35.44, a P/E/G ratio of 2.39 and a beta of 1.12. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.89 and a quick ratio of 1.41.

Xylem (NYSE:XYL - Get Free Report) last released 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 company had revenue of $2.07 billion during 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 company's revenue for the quarter was up 1.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.90 earnings per share. As a group, analysts anticipate that Xylem Inc. will post 4.65 earnings per share for the current fiscal year.

Xylem Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 26th. Stockholders of record on Thursday, May 29th were issued a $0.40 dividend. The ex-dividend date of this dividend was Thursday, May 29th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.21%. Xylem's payout ratio is currently 43.01%.

Wall Street Analyst Weigh In

A number of research firms have weighed in on XYL. Raymond James Financial upgraded Xylem to a "hold" rating in a research report on Thursday, May 15th. Stifel Nicolaus upped their target price on Xylem from $140.00 to $141.00 and gave the stock a "buy" rating in a research report on Wednesday, April 30th. Citigroup cut their target price on Xylem from $152.00 to $134.00 and set a "buy" rating for the company in a research report on Monday, April 14th. Royal Bank Of Canada upped their target price on Xylem from $143.00 to $147.00 and gave the stock an "outperform" rating in a research report on Wednesday, April 30th. Finally, Robert W. Baird cut their price objective on Xylem from $149.00 to $146.00 and set an "outperform" rating for the company in a research report on Wednesday, April 30th. Three research analysts have rated the stock with a hold rating and six have given a buy rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $143.71.

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.