Squarepoint Ops LLC Lowers Stock Holdings in Xylem Inc. (NYSE:XYL)

Squarepoint Ops LLC trimmed its position in shares of Xylem Inc. (NYSE:XYL - Free Report) by 73.4% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 41,771 shares of the industrial products company's stock after selling 115,223 shares during the period. Squarepoint Ops LLC's holdings in Xylem were worth $4,846,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also modified their holdings of XYL. Dempze Nancy E grew its position in shares of 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 buying an additional 88 shares in the last quarter. Townsquare Capital LLC boosted its holdings in shares of Xylem by 0.8% in the 4th quarter. Townsquare Capital LLC now owns 11,074 shares of the industrial products company's stock valued at $1,285,000 after buying an additional 88 shares in the last quarter. Keel Point LLC raised its stake in shares of 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 acquiring an additional 93 shares in the last quarter. Clear Creek Financial Management LLC increased its position in shares of Xylem by 4.3% during the fourth quarter. Clear Creek Financial Management LLC now owns 2,315 shares of the industrial products company's stock worth $269,000 after purchasing an additional 96 shares in the last quarter. Finally, Bleakley Financial Group LLC raised its stake in Xylem by 2.3% in the fourth quarter. Bleakley Financial Group LLC now owns 4,359 shares of the industrial products company's stock valued at $506,000 after buying an additional 96 shares during the last quarter. 87.96% of the stock is owned by institutional investors.

Xylem Price Performance

Shares of Xylem stock traded up $0.15 during trading on Thursday, reaching $125.40. The company's stock had a trading volume of 370,457 shares, compared to its average volume of 1,617,110. The business has a 50 day moving average price of $117.90 and a 200-day moving average price of $121.55. The company has a quick ratio of 1.33, a current ratio of 1.76 and a debt-to-equity ratio of 0.19. The company has a market capitalization of $30.52 billion, a P/E ratio of 34.27, a price-to-earnings-growth ratio of 2.33 and a beta of 1.10. Xylem Inc. has a 12-month low of $100.47 and a 12-month high of $143.50.

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 for the quarter, beating the consensus estimate of $0.95 by $0.08. Xylem had a return on equity of 9.96% and a net margin of 10.40%. The company had revenue of $2.07 billion for the quarter, compared to analyst estimates of $2.04 billion. During the same quarter in the prior year, the company earned $0.90 earnings per share. Xylem's revenue was up 1.8% compared to the same quarter last year. As a group, sell-side analysts anticipate that Xylem Inc. will post 4.65 EPS for the current year.

Xylem Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 26th. Stockholders of record on Thursday, May 29th will be given a $0.40 dividend. The ex-dividend date of this dividend 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%.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on XYL shares. 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. Stifel Nicolaus upped their price target on Xylem from $140.00 to $141.00 and gave the stock a "buy" rating in a report on Wednesday, April 30th. Robert W. Baird decreased 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. Royal Bank of Canada boosted their target price on Xylem from $143.00 to $147.00 and gave the stock an "outperform" rating in a report on Wednesday, April 30th. Finally, Raymond James upgraded shares of Xylem to a "hold" rating in a research report on Thursday, May 15th. Three analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to MarketBeat, Xylem currently has an average rating of "Moderate Buy" and an average price target of $146.88.

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.