Xylem Inc. (NYSE:XYL) Position Trimmed by Universal Beteiligungs und Servicegesellschaft mbH

Universal Beteiligungs und Servicegesellschaft mbH trimmed its holdings in shares of Xylem Inc. (NYSE:XYL - Free Report) by 15.9% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 602,418 shares of the industrial products company's stock after selling 114,177 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.25% of Xylem worth $71,965,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the business. Norges Bank acquired a new position in Xylem in the 4th quarter worth approximately $302,734,000. Northern Trust Corp raised its stake in Xylem by 42.0% during the 4th quarter. Northern Trust Corp now owns 3,268,433 shares of the industrial products company's stock valued at $379,204,000 after purchasing an additional 966,399 shares during the period. OVERSEA CHINESE BANKING Corp Ltd raised its stake in Xylem by 390.5% during the 1st quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 1,021,337 shares of the industrial products company's stock valued at $122,009,000 after purchasing an additional 813,100 shares during the period. Vaughan Nelson Investment Management L.P. acquired a new stake in Xylem during the 1st quarter valued at $89,828,000. Finally, GAMMA Investing LLC raised its stake in Xylem by 15,322.5% during the 1st quarter. GAMMA Investing LLC now owns 506,630 shares of the industrial products company's stock valued at $60,522,000 after purchasing an additional 503,345 shares during the period. 87.96% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the stock. Royal Bank Of Canada upped their price target on shares of Xylem from $143.00 to $147.00 and gave the stock an "outperform" rating in a research note on Wednesday, April 30th. Raymond James Financial upgraded shares of Xylem to a "hold" rating in a research note on Thursday, May 15th. 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. Stifel Nicolaus increased their price target on shares of Xylem from $141.00 to $162.00 and gave the stock a "buy" rating in a research note on Monday. Finally, Citigroup reiterated a "buy" rating and issued a $152.00 target price (up from $137.00) on shares of Xylem in a research note on Monday, July 14th. Three investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $149.29.

Xylem Stock Performance

NYSE XYL traded down $1.86 during midday trading on Tuesday, hitting $130.09. The company had a trading volume of 311,235 shares, compared to its average volume of 1,410,155. The company has a quick ratio of 1.41, a current ratio of 1.89 and a debt-to-equity ratio of 0.18. The stock has a market cap of $31.66 billion, a price-to-earnings ratio of 34.98, a P/E/G ratio of 2.42 and a beta of 1.12. The firm has a fifty day simple moving average of $127.92 and a two-hundred day simple moving average of $123.13. Xylem Inc. has a fifty-two week low of $100.47 and a fifty-two week high of $143.50.

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

Xylem Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, June 26th. Investors of record on Thursday, May 29th were issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 1.23%. The ex-dividend date of this dividend was Thursday, May 29th. Xylem's dividend payout ratio is currently 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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