Mountain Pacific Investment Advisers LLC Has $37.41 Million Position in Xylem Inc. (NYSE:XYL)

Mountain Pacific Investment Advisers LLC boosted its holdings in shares of Xylem Inc. (NYSE:XYL - Free Report) by 0.7% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 313,152 shares of the industrial products company's stock after acquiring an additional 2,060 shares during the quarter. Xylem accounts for 2.8% of Mountain Pacific Investment Advisers LLC's portfolio, making the stock its 10th biggest holding. Mountain Pacific Investment Advisers LLC owned about 0.13% of Xylem worth $37,409,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of XYL. Smartleaf Asset Management LLC increased its stake in Xylem by 31.9% in the 4th quarter. Smartleaf Asset Management LLC now owns 575 shares of the industrial products company's stock worth $67,000 after buying an additional 139 shares during the period. Triodos Investment Management BV grew its stake 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 acquiring an additional 26,300 shares in the last quarter. Allianz SE purchased a new position in shares of Xylem during the fourth quarter worth approximately $1,910,000. NBC Securities Inc. bought a new stake in shares of Xylem during the first quarter valued at approximately $72,000. Finally, RPG Investment Advisory LLC boosted its holdings in shares of Xylem by 22.5% in the fourth quarter. RPG Investment Advisory LLC now owns 132,143 shares of the industrial products company's stock valued at $15,331,000 after purchasing an additional 24,297 shares during the period. Institutional investors own 87.96% of the company's stock.

Xylem Price Performance

XYL opened at $125.35 on Monday. The firm has a market capitalization of $30.50 billion, a PE ratio of 34.25, a price-to-earnings-growth ratio of 2.33 and a beta of 1.13. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.76 and a quick ratio of 1.33. The business's 50-day moving average is $120.52 and its two-hundred day moving average is $121.70. Xylem Inc. has a 1 year low of $100.47 and a 1 year high of $143.50.

Xylem (NYSE:XYL - Get Free Report) last issued its quarterly earnings data on Tuesday, April 29th. The industrial products company reported $1.03 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.95 by $0.08. The firm had revenue of $2.07 billion for the quarter, compared to the consensus estimate of $2.04 billion. Xylem had a net margin of 10.40% and a return on equity of 9.96%. The company's quarterly revenue was up 1.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.90 EPS. Research analysts anticipate 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 will be paid on Thursday, June 26th. Stockholders of record on Thursday, May 29th will be issued a dividend of $0.40 per share. The ex-dividend date is Thursday, May 29th. This represents a $1.60 annualized dividend and a dividend yield of 1.28%. Xylem's dividend payout ratio is presently 43.01%.

Analysts Set New Price Targets

Several research analysts have commented on XYL shares. Citigroup reduced their price objective on Xylem from $152.00 to $134.00 and set a "buy" rating on the stock in a report on Monday, April 14th. Raymond James upgraded Xylem to a "hold" rating in a research note on Thursday, May 15th. Robert W. Baird lowered their price objective 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. Stifel Nicolaus increased their target price on shares of Xylem from $140.00 to $141.00 and gave the stock a "buy" rating in a report on Wednesday, April 30th. Finally, Royal Bank of Canada boosted their price target on shares of Xylem from $143.00 to $147.00 and gave the company an "outperform" rating in a report 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 stock currently has an average rating of "Moderate Buy" and an average target price of $143.71.

Xylem Company 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.

Want to see what other hedge funds are holding XYL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Xylem Inc. (NYSE:XYL - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.