Sava Infond d.o.o. Purchases 2,300 Shares of Xylem Inc. (NYSE:XYL)

Sava Infond d.o.o. raised its stake in Xylem Inc. (NYSE:XYL - Free Report) by 164.3% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,700 shares of the industrial products company's stock after acquiring an additional 2,300 shares during the quarter. Sava Infond d.o.o.'s holdings in Xylem were worth $442,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Perkins Coie Trust Co purchased a new position in Xylem in the first quarter valued at about $27,000. Lee Danner & Bass Inc. purchased a new position in Xylem in the fourth quarter valued at about $30,000. Rialto Wealth Management LLC purchased a new position in Xylem in the fourth quarter valued at about $31,000. Center for Financial Planning Inc. boosted its stake in Xylem by 52.0% in the first quarter. Center for Financial Planning Inc. now owns 266 shares of the industrial products company's stock valued at $32,000 after acquiring an additional 91 shares during the last quarter. Finally, Heck Capital Advisors LLC purchased a new position in Xylem in the fourth quarter valued at about $36,000. 87.96% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

XYL has been the topic of a number of recent research reports. Royal Bank Of Canada upped their price target on shares of Xylem from $143.00 to $147.00 and gave the company an "outperform" rating in a research note on Wednesday, April 30th. Stifel Nicolaus upped 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. JPMorgan Chase & Co. initiated coverage on shares of Xylem in a research note on Friday, May 30th. They set an "overweight" rating and a $148.00 price target on the stock. Robert W. Baird dropped 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. Finally, Citigroup dropped 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. Three investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $143.71.

Xylem Stock Performance

NYSE XYL opened at $125.49 on Tuesday. Xylem Inc. has a 1 year low of $100.47 and a 1 year high of $143.50. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.89 and a quick ratio of 1.41. The stock has a market capitalization of $30.54 billion, a PE ratio of 33.73, a P/E/G ratio of 2.27 and a beta of 1.13. The company's 50 day simple moving average is $122.57 and its two-hundred day simple moving average is $121.64.

Xylem (NYSE:XYL - Get Free Report) last posted its 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. The business had revenue of $2.07 billion for the quarter, compared to analysts' expectations of $2.04 billion. Xylem had a net margin of 10.54% and a return on equity of 10.12%. The business's revenue for the quarter 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. Analysts predict that Xylem Inc. will post 4.65 earnings per share for the current fiscal year.

Xylem Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 26th. Stockholders of record on Thursday, May 29th will be issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.28%. The ex-dividend date is Thursday, May 29th. Xylem's payout ratio is 43.01%.

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.

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