Xylem Inc. (NYSE:XYL) Stock Holdings Increased by Toronto Dominion Bank

Toronto Dominion Bank lifted its holdings in Xylem Inc. (NYSE:XYL - Free Report) by 6.4% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 129,998 shares of the industrial products company's stock after purchasing an additional 7,869 shares during the quarter. Toronto Dominion Bank owned 0.05% of Xylem worth $15,082,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of the business. Lee Danner & Bass Inc. bought a new stake in shares of Xylem during the 4th quarter worth about $30,000. Rialto Wealth Management LLC bought a new stake in Xylem during the fourth quarter worth approximately $31,000. Heck Capital Advisors LLC acquired a new stake in Xylem in the fourth quarter worth approximately $36,000. Pathway Financial Advisers LLC lifted its position in Xylem by 122.4% in the fourth quarter. Pathway Financial Advisers LLC now owns 318 shares of the industrial products company's stock worth $37,000 after purchasing an additional 175 shares during the period. Finally, SRS Capital Advisors Inc. boosted its stake in Xylem by 69.5% during the 4th quarter. SRS Capital Advisors Inc. now owns 317 shares of the industrial products company's stock valued at $37,000 after purchasing an additional 130 shares in the last quarter. 87.96% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms have recently commented on XYL. Raymond James raised Xylem to a "hold" rating in a research note on Thursday, May 15th. Stifel Nicolaus lifted their target price 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 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 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 report on Wednesday, April 30th. Finally, Citigroup lowered their price objective 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 equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to MarketBeat.com, Xylem has an average rating of "Moderate Buy" and a consensus target price of $146.88.

Xylem Trading Down 0.0%

NYSE:XYL opened at $127.97 on Tuesday. The stock has a fifty day simple moving average of $117.28 and a 200 day simple moving average of $121.41. The firm has a market capitalization of $31.14 billion, a price-to-earnings ratio of 34.96, a price-to-earnings-growth ratio of 2.33 and a beta of 1.10. Xylem Inc. has a 1-year low of $100.47 and a 1-year high of $146.08. The company has a quick ratio of 1.33, a current ratio of 1.76 and a debt-to-equity ratio of 0.19.

Xylem (NYSE:XYL - Get Free Report) last announced its earnings results on Tuesday, April 29th. The industrial products company reported $1.03 EPS for the quarter, topping the consensus estimate of $0.95 by $0.08. The company had revenue of $2.07 billion during the quarter, compared to analysts' expectations of $2.04 billion. Xylem had a net margin of 10.40% and a return on equity of 9.96%. The business's revenue for the quarter was up 1.8% on a year-over-year basis. During the same period last year, the company posted $0.90 earnings per share. Sell-side analysts forecast that Xylem Inc. will post 4.65 earnings per share for the current year.

Xylem Announces Dividend

The company 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 dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 1.25%. The ex-dividend date of this dividend is Thursday, May 29th. Xylem's dividend payout ratio (DPR) is currently 43.01%.

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.

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