Vontobel Holding Ltd. Has $154.33 Million Stake in Xylem Inc. (NYSE:XYL)

Vontobel Holding Ltd. grew its position in Xylem Inc. (NYSE:XYL - Free Report) by 19.9% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,349,467 shares of the industrial products company's stock after purchasing an additional 223,596 shares during the period. Xylem makes up 0.8% of Vontobel Holding Ltd.'s holdings, making the stock its 25th largest position. Vontobel Holding Ltd. owned approximately 0.56% of Xylem worth $154,325,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of XYL. Bruce G. Allen Investments LLC acquired a new stake in Xylem during the fourth quarter worth about $27,000. Coppell Advisory Solutions LLC purchased a new position in Xylem during the second quarter worth approximately $45,000. KB Financial Partners LLC purchased a new position in Xylem during the first quarter worth approximately $42,000. ST Germain D J Co. Inc. purchased a new position in shares of Xylem in the second quarter valued at approximately $46,000. Finally, NBC Securities Inc. purchased a new position in shares of Xylem in the third quarter valued at approximately $38,000. 87.96% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

XYL has been the subject of several recent research reports. Robert W. Baird increased their price target on Xylem from $141.00 to $148.00 and gave the company an "outperform" rating in a report on Thursday, March 21st. BNP Paribas began coverage on Xylem in a report on Tuesday, March 12th. They set an "outperform" rating and a $150.00 price target for the company. Stifel Nicolaus boosted their target price on Xylem from $136.00 to $150.00 and gave the company a "buy" rating in a report on Wednesday, February 7th. Citigroup boosted their target price on Xylem from $126.00 to $139.00 and gave the company a "neutral" rating in a report on Monday, April 8th. Finally, Royal Bank of Canada boosted their price target on Xylem from $140.00 to $145.00 and gave the company an "outperform" rating in a research report on Wednesday, February 7th. Four analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $135.44.

Insider Transactions at Xylem

In other news, SVP Franz Cerwinka sold 2,408 shares of Xylem stock in a transaction dated Thursday, February 8th. The stock was sold at an average price of $121.79, for a total transaction of $293,270.32. Following the sale, the senior vice president now directly owns 11,750 shares of the company's stock, valued at $1,431,032.50. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. In other news, SVP Franz Cerwinka sold 2,408 shares of Xylem stock in a transaction dated Thursday, February 8th. The stock was sold at an average price of $121.79, for a total transaction of $293,270.32. Following the sale, the senior vice president now directly owns 11,750 shares of the company's stock, valued at $1,431,032.50. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CAO Geri-Michelle Mcshane sold 1,000 shares of Xylem stock in a transaction dated Tuesday, February 20th. The stock was sold at an average price of $122.89, for a total value of $122,890.00. Following the completion of the transaction, the chief accounting officer now owns 2,935 shares of the company's stock, valued at $360,682.15. The disclosure for this sale can be found here. Corporate insiders own 0.90% of the company's stock.

Xylem Trading Down 0.5 %

Shares of XYL stock traded down $0.68 on Friday, reaching $128.11. 899,537 shares of the stock were exchanged, compared to its average volume of 894,723. The stock has a market cap of $31.05 billion, a P/E ratio of 47.10, a price-to-earnings-growth ratio of 2.55 and a beta of 1.10. The company has a quick ratio of 1.30, a current ratio of 1.76 and a debt-to-equity ratio of 0.22. The firm has a 50 day moving average of $126.36 and a two-hundred day moving average of $111.39. Xylem Inc. has a 1-year low of $87.59 and a 1-year high of $130.86.

Xylem (NYSE:XYL - Get Free Report) last released its quarterly earnings data on Tuesday, February 6th. The industrial products company reported $0.99 EPS for the quarter, beating the consensus estimate of $0.96 by $0.03. Xylem had a return on equity of 9.65% and a net margin of 8.27%. The company had revenue of $2.12 billion for the quarter, compared to analyst estimates of $2.05 billion. During the same period last year, the company posted $0.92 earnings per share. The firm's revenue was up 40.6% compared to the same quarter last year. On average, research analysts anticipate that Xylem Inc. will post 4.13 EPS for the current year.

Xylem Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 20th. Shareholders of record on Wednesday, February 21st were given a $0.36 dividend. The ex-dividend date was Tuesday, February 20th. This is a positive change from Xylem's previous quarterly dividend of $0.33. This represents a $1.44 annualized dividend and a yield of 1.12%. Xylem's dividend payout ratio (DPR) is 52.94%.

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.