Universal Beteiligungs und Servicegesellschaft mbH Invests $83.14 Million in Xylem Inc. (NYSE:XYL)

Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in Xylem Inc. (NYSE:XYL - Free Report) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 716,595 shares of the industrial products company's stock, valued at approximately $83,139,000. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.29% of Xylem as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the business. Dempze Nancy E increased its stake 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 grew its stake in shares of Xylem by 0.8% in the fourth 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 boosted its position in Xylem by 4.1% during the fourth 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 during the period. Clear Creek Financial Management LLC boosted its position in 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 during the period. Finally, Bleakley Financial Group LLC lifted its holdings in shares of Xylem by 2.3% during the fourth quarter. Bleakley Financial Group LLC now owns 4,359 shares of the industrial products company's stock worth $506,000 after buying an additional 96 shares in the last quarter. 87.96% of the stock is currently owned by institutional investors and hedge funds.

Xylem Stock Performance

Shares of NYSE XYL traded down $0.07 during trading on Thursday, hitting $125.58. The company had a trading volume of 887,628 shares, compared to its average volume of 1,410,543. The stock has a 50 day simple moving average of $117.90 and a 200 day simple moving average of $121.55. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.33 and a current ratio of 1.76. Xylem Inc. has a 12 month low of $100.47 and a 12 month high of $143.50. The firm has a market capitalization of $30.56 billion, a P/E ratio of 34.31, a price-to-earnings-growth ratio of 2.33 and a beta of 1.10.

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, topping the consensus estimate of $0.95 by $0.08. The firm had revenue of $2.07 billion during the quarter, compared to analysts' expectations of $2.04 billion. Xylem had a return on equity of 9.96% and a net margin of 10.40%. The firm's revenue was up 1.8% on a year-over-year basis. During the same quarter last year, the business posted $0.90 earnings per share. As a group, analysts anticipate that Xylem Inc. will post 4.65 earnings per share for the current year.

Xylem Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 26th. Shareholders of record on Thursday, May 29th will be paid a $0.40 dividend. The ex-dividend date is Thursday, May 29th. This represents a $1.60 annualized dividend and a yield of 1.27%. Xylem's dividend payout ratio (DPR) is presently 43.01%.

Wall Street Analyst Weigh In

XYL has been the subject of several research analyst reports. 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 research note on Wednesday, April 30th. Stifel Nicolaus boosted their price target on Xylem from $140.00 to $141.00 and gave the company a "buy" rating in a research note on Wednesday, April 30th. Citigroup dropped their price target on Xylem from $152.00 to $134.00 and set a "buy" rating on the stock in a research note on Monday, April 14th. Robert W. Baird lowered their target price on Xylem from $149.00 to $146.00 and set an "outperform" rating on the stock in a research report on Wednesday, April 30th. Finally, Raymond James raised 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 given a buy rating to the stock. According to MarketBeat, Xylem has a consensus rating of "Moderate Buy" and an average target price of $146.88.

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.