Xylem Inc. (NYSE:XYL) Shares Acquired by Virtus ETF Advisers LLC

Virtus ETF Advisers LLC increased its holdings in shares of Xylem Inc. (NYSE:XYL - Free Report) by 39.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,794 shares of the industrial products company's stock after purchasing an additional 2,507 shares during the period. Virtus ETF Advisers LLC's holdings in Xylem were worth $1,020,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in XYL. Dempze Nancy E lifted its holdings in shares of Xylem by 0.3% in the 4th quarter. Dempze Nancy E now owns 25,761 shares of the industrial products company's stock valued at $2,989,000 after buying an additional 88 shares during the period. Townsquare Capital LLC lifted its holdings in 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 acquiring an additional 88 shares during the period. Clear Creek Financial Management LLC boosted its position in Xylem by 4.3% in the 4th 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 in the last quarter. Bleakley Financial Group LLC grew its stake in shares of Xylem by 2.3% during the 4th quarter. Bleakley Financial Group LLC now owns 4,359 shares of the industrial products company's stock worth $506,000 after purchasing an additional 96 shares during the period. Finally, U.S. Capital Wealth Advisors LLC increased its holdings in shares of Xylem by 1.3% during the 4th quarter. U.S. Capital Wealth Advisors LLC now owns 7,868 shares of the industrial products company's stock valued at $913,000 after purchasing an additional 98 shares in the last quarter. 87.96% of the stock is currently owned by institutional investors and hedge funds.

Xylem Price Performance

NYSE XYL traded up $4.18 during trading hours on Friday, hitting $124.93. 859,057 shares of the company's stock traded hands, compared to its average volume of 1,418,348. The company has a market capitalization of $30.40 billion, a PE ratio of 34.13, a PEG ratio of 2.33 and a beta of 1.08. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.76 and a quick ratio of 1.33. Xylem Inc. has a 52-week low of $100.47 and a 52-week high of $146.08. The firm's 50-day moving average is $118.10 and its 200-day moving average is $122.05.

Xylem (NYSE:XYL - Get Free Report) last posted its quarterly 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. Xylem had a return on equity of 9.96% and a net margin of 10.40%. The business had revenue of $2.07 billion for the quarter, compared to analyst estimates of $2.04 billion. During the same quarter in the previous year, the firm earned $0.90 EPS. The company's quarterly revenue was up 1.8% compared to the same quarter last year. Equities analysts forecast that Xylem Inc. will post 4.65 EPS for the current fiscal year.

Xylem Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, March 19th. Shareholders of record on Tuesday, February 18th were paid a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 1.28%. The ex-dividend date was Tuesday, February 18th. This is a positive change from Xylem's previous quarterly dividend of $0.36. Xylem's dividend payout ratio (DPR) is 43.01%.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the stock. Robert W. Baird cut their price objective on shares of Xylem from $149.00 to $146.00 and set an "outperform" rating for the company in a report on Wednesday. Royal Bank of Canada lifted their price target on Xylem from $143.00 to $147.00 and gave the company an "outperform" rating in a research note on Wednesday. Stifel Nicolaus increased their price target on Xylem from $140.00 to $141.00 and gave the stock a "buy" rating in a research report on Wednesday. Finally, Citigroup cut their price objective on Xylem from $152.00 to $134.00 and set a "buy" rating for the company in a research report on Monday, April 14th. Three analysts have rated the stock with a hold rating and seven have issued a buy rating to the company's stock. According to data from MarketBeat.com, Xylem presently has a consensus rating of "Moderate Buy" and a consensus target price of $145.56.

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.