Sava Infond d.o.o. Takes Position in Xylem Inc. (NYSE:XYL)

Sava Infond d.o.o. purchased a new position in Xylem Inc. (NYSE:XYL) in the 4th quarter, Holdings Channel.com reports. The firm purchased 1,400 shares of the industrial products company’s stock, valued at approximately $162,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Lee Danner & Bass Inc. acquired a new position in shares of Xylem in the 4th quarter worth approximately $30,000. Rialto Wealth Management LLC bought a new stake in Xylem in the fourth quarter valued at $31,000. Heck Capital Advisors LLC bought a new position in shares of Xylem during the fourth quarter valued at $36,000. Pathway Financial Advisers LLC boosted its stake in shares of Xylem by 122.4% in the 4th quarter. Pathway Financial Advisers LLC now owns 318 shares of the industrial products company’s stock valued at $37,000 after purchasing an additional 175 shares in the last quarter. Finally, SRS Capital Advisors Inc. grew its holdings in shares of Xylem by 69.5% in the 4th quarter. SRS Capital Advisors Inc. now owns 317 shares of the industrial products company’s stock worth $37,000 after purchasing an additional 130 shares during the last quarter. Institutional investors own 87.96% of the company’s stock.

Analysts Set New Price Targets

Several brokerages recently issued reports on XYL. Citigroup downgraded shares of Xylem from a “strong-buy” rating to a “hold” rating in a report on Wednesday, February 5th. Robert W. Baird boosted their target price on Xylem from $139.00 to $148.00 and gave the stock an “outperform” rating in a report on Wednesday, February 5th. Wolfe Research restated a “peer perform” rating on shares of Xylem in a research report on Thursday, December 12th. Finally, Stifel Nicolaus cut their price objective on Xylem from $166.00 to $150.00 and set a “buy” rating for the company in a research report on Friday, January 24th. Four analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat, Xylem presently has a consensus rating of “Moderate Buy” and an average target price of $149.89.

Xylem Stock Down 0.8 %

Shares of XYL opened at $122.19 on Friday. The business’s fifty day moving average price is $125.71 and its two-hundred day moving average price is $125.97. The firm has a market capitalization of $29.70 billion, a price-to-earnings ratio of 33.39, a PEG ratio of 2.33 and a beta of 1.08. Xylem Inc. has a 52 week low of $113.26 and a 52 week high of $146.08. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.33 and a current ratio of 1.76.

Xylem (NYSE:XYL) last posted its quarterly earnings results on Tuesday, February 4th. The industrial products company reported $1.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.12 by $0.06. The business had revenue of $2.30 billion for the quarter, compared to analysts’ expectations of $2.18 billion. Xylem had a return on equity of 9.96% and a net margin of 10.40%. The firm’s quarterly revenue was up 8.6% compared to the same quarter last year. During the same quarter last year, the business earned $0.99 earnings per share. On average, analysts predict that Xylem Inc. will post 4.65 earnings per share for the current year.

Xylem Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 19th. Investors of record on Tuesday, February 18th were paid a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.31%. This is an increase from Xylem’s previous quarterly dividend of $0.36. The ex-dividend date was Tuesday, February 18th. Xylem’s payout ratio is 43.72%.

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.