Siemens Fonds Invest GmbH Boosts Position in Xylem Inc. (NYSE:XYL)

Siemens Fonds Invest GmbH increased its position in Xylem Inc. (NYSE:XYL - Free Report) by 201.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 7,644 shares of the industrial products company's stock after acquiring an additional 5,108 shares during the period. Siemens Fonds Invest GmbH's holdings in Xylem were worth $979,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the company. Swedbank AB increased its holdings in Xylem by 23.1% during the fourth quarter. Swedbank AB now owns 3,683,201 shares of the industrial products company's stock valued at $427,325,000 after buying an additional 691,618 shares during the last quarter. Smartleaf Asset Management LLC increased its holdings in Xylem by 31.9% in the 4th quarter. Smartleaf Asset Management LLC now owns 575 shares of the industrial products company's stock worth $67,000 after acquiring an additional 139 shares in the last quarter. Triodos Investment Management BV lifted its holdings in Xylem by 12.7% during the fourth quarter. Triodos Investment Management BV now owns 234,000 shares of the industrial products company's stock valued at $27,149,000 after purchasing an additional 26,300 shares in the last quarter. Stoneridge Investment Partners LLC purchased a new position in Xylem during the fourth quarter valued at approximately $3,754,000. Finally, Allianz SE bought a new position in shares of Xylem in the fourth quarter worth approximately $1,910,000. Institutional investors own 87.96% of the company's stock.

Xylem Trading Down 0.1%

Shares of XYL traded down $0.18 during midday trading on Thursday, hitting $125.49. The stock had a trading volume of 342,519 shares, compared to its average volume of 1,634,047. Xylem Inc. has a 1 year low of $100.47 and a 1 year high of $145.89. The firm has a market cap of $30.54 billion, a PE ratio of 34.29, a price-to-earnings-growth ratio of 2.33 and a beta of 1.10. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.76 and a quick ratio of 1.33. The stock's 50 day moving average is $117.46 and its 200 day moving average is $121.48.

Xylem (NYSE:XYL - Get Free Report) last issued its quarterly earnings results on Tuesday, April 29th. The industrial products company reported $1.03 EPS for the quarter, beating the consensus estimate of $0.95 by $0.08. The company had revenue of $2.07 billion for the quarter, compared to the consensus estimate of $2.04 billion. Xylem had a net margin of 10.40% and a return on equity of 9.96%. The firm's revenue was up 1.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.90 EPS. As a group, analysts forecast that Xylem Inc. will post 4.65 EPS for the current fiscal year.

Xylem Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 26th. Investors of record on Thursday, May 29th will be issued a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 1.28%. The ex-dividend date of this dividend is Thursday, May 29th. Xylem's payout ratio is currently 43.01%.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on the stock. Stifel Nicolaus lifted their target price on shares of Xylem from $140.00 to $141.00 and gave the company a "buy" rating in a research note on Wednesday, April 30th. Robert W. Baird lowered their price objective on 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 increased their target price on Xylem from $143.00 to $147.00 and gave the stock an "outperform" rating in a research report on Wednesday, April 30th. Raymond James upgraded shares of Xylem to a "hold" rating in a report on Thursday, May 15th. Finally, Citigroup cut their price target on Xylem from $152.00 to $134.00 and set a "buy" rating for the company in a report on Monday, April 14th. Three research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to data from MarketBeat, the stock 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.