Radnor Capital Management LLC Reduces Stake in Xylem Inc. (NYSE:XYL)

Radnor Capital Management LLC cut its position in shares of Xylem Inc. (NYSE:XYL) by 1.8% in the 4th quarter, HoldingsChannel.com reports. The firm owned 6,970 shares of the industrial products company’s stock after selling 130 shares during the period. Radnor Capital Management LLC’s holdings in Xylem were worth $809,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Bangor Savings Bank raised its stake in shares of Xylem by 56.7% during the 3rd quarter. Bangor Savings Bank now owns 235 shares of the industrial products company’s stock worth $32,000 after buying an additional 85 shares during the last quarter. Mark Sheptoff Financial Planning LLC purchased a new position in Xylem during the 2nd quarter valued at about $33,000. Assetmark Inc. raised its position in Xylem by 3,887.5% during the third quarter. Assetmark Inc. now owns 319 shares of the industrial products company’s stock worth $43,000 after acquiring an additional 311 shares during the last quarter. Versant Capital Management Inc lifted its holdings in shares of Xylem by 318.2% in the fourth quarter. Versant Capital Management Inc now owns 368 shares of the industrial products company’s stock valued at $43,000 after purchasing an additional 280 shares in the last quarter. Finally, Catalyst Capital Advisors LLC grew its position in shares of Xylem by 226.0% in the third quarter. Catalyst Capital Advisors LLC now owns 339 shares of the industrial products company’s stock valued at $46,000 after purchasing an additional 235 shares during the last quarter. 87.96% of the stock is currently owned by hedge funds and other institutional investors.

Xylem Trading Up 0.6 %

NYSE XYL opened at $116.10 on Thursday. The company has a market cap of $28.21 billion, a P/E ratio of 33.95, a P/E/G ratio of 1.89 and a beta of 1.06. Xylem Inc. has a 12 month low of $109.39 and a 12 month high of $146.08. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.96 and a quick ratio of 1.42. The company has a 50-day moving average of $121.41 and a 200-day moving average of $129.06.

Xylem (NYSE:XYL) last released its earnings results on Thursday, October 31st. The industrial products company reported $1.11 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $1.11. The firm had revenue of $2.10 billion during the quarter, compared to the consensus estimate of $2.17 billion. Xylem had a net margin of 9.85% and a return on equity of 9.61%. Xylem’s revenue was up .2% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.99 earnings per share. As a group, equities analysts predict that Xylem Inc. will post 4.23 earnings per share for the current year.

Xylem Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 24th. Investors of record on Tuesday, November 26th were given a $0.36 dividend. This represents a $1.44 annualized dividend and a dividend yield of 1.24%. The ex-dividend date was Tuesday, November 26th. Xylem’s dividend payout ratio (DPR) is currently 42.11%.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on XYL. Robert W. Baird reduced their target price on Xylem from $175.00 to $154.00 and set an “outperform” rating on the stock in a research note on Friday, November 1st. Wolfe Research restated a “peer perform” rating on shares of Xylem in a research report on Thursday, December 12th. Citigroup dropped their price objective on Xylem from $148.00 to $147.00 and set a “buy” rating for the company in a research report on Monday. Stifel Nicolaus reduced their target price on shares of Xylem from $172.00 to $166.00 and set a “buy” rating on the stock in a report on Wednesday, December 11th. Finally, TD Cowen decreased their price target on shares of Xylem from $138.00 to $125.00 and set a “hold” rating on the stock in a research note on Wednesday, November 6th. Three investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat.com, Xylem has an average rating of “Moderate Buy” and an average target price of $152.10.

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.