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

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

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Dempze Nancy E increased its position in Xylem by 0.3% during the 4th quarter. Dempze Nancy E now owns 25,761 shares of the industrial products company's stock worth $2,989,000 after purchasing an additional 88 shares in the last quarter. Townsquare Capital LLC increased its position in Xylem by 0.8% during the 4th quarter. Townsquare Capital LLC now owns 11,074 shares of the industrial products company's stock worth $1,285,000 after purchasing an additional 88 shares in the last quarter. Center for Financial Planning Inc. increased its position in Xylem by 52.0% during the 1st quarter. Center for Financial Planning Inc. now owns 266 shares of the industrial products company's stock worth $32,000 after purchasing an additional 91 shares in the last quarter. Keel Point LLC increased its position in Xylem by 4.1% during the 4th quarter. Keel Point LLC now owns 2,371 shares of the industrial products company's stock worth $275,000 after purchasing an additional 93 shares in the last quarter. Finally, SageView Advisory Group LLC increased its position in Xylem by 3.6% during the 4th quarter. SageView Advisory Group LLC now owns 2,790 shares of the industrial products company's stock worth $324,000 after purchasing an additional 98 shares in the last quarter. Institutional investors own 87.96% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on XYL shares. Raymond James Financial upgraded shares of Xylem to a "hold" rating in a research report on Thursday, May 15th. Robert W. Baird decreased their price target on shares of Xylem from $149.00 to $146.00 and set an "outperform" rating for the company in a research report on Wednesday, April 30th. 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 report 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 report on Wednesday, April 30th. Finally, JPMorgan Chase & Co. initiated coverage on shares of Xylem in a research report on Friday, May 30th. They issued an "overweight" rating and a $148.00 price target for the company. Three analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $143.71.

Xylem Stock Performance

Shares of XYL traded down $1.34 during trading hours on Friday, hitting $128.16. The company's stock had a trading volume of 3,027,206 shares, compared to its average volume of 1,413,014. The business has a 50 day simple moving average of $124.04 and a two-hundred day simple moving average of $121.72. 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 Inc. has a 52-week low of $100.47 and a 52-week high of $143.50. The company has a market cap of $31.19 billion, a price-to-earnings ratio of 34.45, a PEG ratio of 2.36 and a beta of 1.13.

Xylem (NYSE:XYL - Get Free Report) last announced its quarterly earnings data on Tuesday, April 29th. The industrial products company reported $1.03 earnings per share for the quarter, topping analysts' consensus estimates of $0.95 by $0.08. Xylem had a net margin of 10.54% and a return on equity of 10.12%. The firm had revenue of $2.07 billion during the quarter, compared to analyst estimates of $2.04 billion. During the same period in the previous year, the business posted $0.90 EPS. The business's quarterly revenue was up 1.8% on a year-over-year basis. On average, equities analysts expect that Xylem Inc. will post 4.65 earnings per share for the current fiscal year.

Xylem Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, June 26th. Investors of record on Thursday, May 29th were paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 1.25%. The ex-dividend date was Thursday, May 29th. Xylem's payout ratio 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.