Yousif Capital Management LLC Sells 1,363 Shares of Xylem Inc. (NYSE:XYL)

Yousif Capital Management LLC decreased its stake in Xylem Inc. (NYSE:XYL) by 4.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 31,298 shares of the industrial products company’s stock after selling 1,363 shares during the quarter. Yousif Capital Management LLC’s holdings in Xylem were worth $3,631,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Heck Capital Advisors LLC purchased a new stake in Xylem in the 4th quarter worth approximately $36,000. Assetmark Inc. boosted its position in shares of Xylem by 3,887.5% in the third quarter. Assetmark Inc. now owns 319 shares of the industrial products company’s stock worth $43,000 after purchasing an additional 311 shares during the period. Versant Capital Management Inc increased its stake 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 worth $43,000 after purchasing an additional 280 shares in the last quarter. Catalyst Capital Advisors LLC raised its position in shares of Xylem by 226.0% during the 3rd 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 period. Finally, Brooklyn Investment Group purchased a new position in shares of Xylem during the 3rd quarter valued at $55,000. Institutional investors own 87.96% of the company’s stock.

Wall Street Analyst Weigh In

XYL has been the subject of a number of analyst reports. Stifel Nicolaus cut their price target on Xylem from $166.00 to $150.00 and set a “buy” rating for the company in a research note on Friday, January 24th. Robert W. Baird lifted their target price on Xylem from $139.00 to $148.00 and gave the company an “outperform” rating in a research note on Wednesday. Wolfe Research reaffirmed a “peer perform” rating on shares of Xylem in a report on Thursday, December 12th. Royal Bank of Canada reduced their price objective on shares of Xylem from $163.00 to $162.00 and set an “outperform” rating on the stock in a research report on Friday, November 1st. Finally, Citigroup dropped their target price on shares of Xylem from $148.00 to $147.00 and set a “buy” rating for the company in a research report on Monday, January 13th. Three analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $149.90.

Xylem Price Performance

Xylem stock opened at $131.11 on Friday. Xylem Inc. has a 52-week low of $113.26 and a 52-week high of $146.08. The company has a market cap of $31.85 billion, a price-to-earnings ratio of 38.34, a PEG ratio of 2.11 and a beta of 1.07. The firm’s fifty day moving average is $120.95 and its 200 day moving average is $127.55. The company has a quick ratio of 1.42, a current ratio of 1.96 and a debt-to-equity ratio of 0.19.

Xylem (NYSE:XYL) last announced its quarterly earnings results on Tuesday, February 4th. The industrial products company reported $1.18 EPS for the quarter, beating analysts’ consensus estimates of $1.12 by $0.06. Xylem had a net margin of 9.85% and a return on equity of 9.61%. The firm had revenue of $2.30 billion during the quarter, compared to the consensus estimate of $2.18 billion. During the same quarter last year, the firm earned $0.99 EPS. The firm’s revenue for the quarter was up 8.6% compared to the same quarter last year. Sell-side analysts forecast that Xylem Inc. will post 4.22 EPS for the current fiscal year.

Xylem Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, March 19th. Stockholders of record on Tuesday, February 18th will be issued a $0.40 dividend. This is a boost from Xylem’s previous quarterly dividend of $0.36. The ex-dividend date of this dividend is Tuesday, February 18th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.22%. Xylem’s payout ratio is 42.11%.

About Xylem

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.