Nwam LLC Sells 436 Shares of Xylem Inc. (NYSE:XYL)

Nwam LLC lowered its stake in Xylem Inc. (NYSE:XYL) by 20.5% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 1,696 shares of the industrial products company’s stock after selling 436 shares during the quarter. Nwam LLC’s holdings in Xylem were worth $229,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in XYL. Swedbank AB bought a new position in Xylem during the 1st quarter worth approximately $311,684,000. B. Metzler seel. Sohn & Co. Holding AG acquired a new stake in Xylem in the third quarter worth $52,169,000. LPL Financial LLC grew its holdings in shares of Xylem by 246.6% in the 2nd quarter. LPL Financial LLC now owns 324,504 shares of the industrial products company’s stock valued at $44,012,000 after buying an additional 230,878 shares during the period. TCW Group Inc. grew its holdings in shares of Xylem by 189.2% in the 2nd quarter. TCW Group Inc. now owns 315,400 shares of the industrial products company’s stock valued at $42,778,000 after buying an additional 206,350 shares during the period. Finally, Marshall Wace LLP raised its stake in Xylem by 433.0% during the 2nd quarter. Marshall Wace LLP now owns 229,082 shares of the industrial products company’s stock worth $31,070,000 after buying an additional 186,105 shares during the period. 87.96% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts have issued reports on the company. Stifel Nicolaus boosted their target price on Xylem from $170.00 to $172.00 and gave the company a “buy” rating in a research note on Wednesday, July 31st. UBS Group began coverage on Xylem in a research report on Tuesday, August 13th. They issued a “buy” rating and a $165.00 price objective for the company. Royal Bank of Canada dropped their target price on shares of Xylem from $163.00 to $162.00 and set an “outperform” rating on the stock in a report on Friday, November 1st. Robert W. Baird reduced their price target on shares of Xylem from $175.00 to $154.00 and set an “outperform” rating for the company in a report on Friday, November 1st. Finally, TD Cowen dropped their price objective on shares of Xylem from $138.00 to $125.00 and set a “hold” rating on the stock in a report on Wednesday, November 6th. Four investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $149.64.

Xylem Stock Up 1.6 %

Xylem stock opened at $128.94 on Tuesday. The company has a current ratio of 1.96, a quick ratio of 1.42 and a debt-to-equity ratio of 0.19. Xylem Inc. has a 1-year low of $102.42 and a 1-year high of $146.08. The company has a fifty day simple moving average of $130.06 and a 200 day simple moving average of $134.13. The company has a market cap of $31.33 billion, a P/E ratio of 37.70, a price-to-earnings-growth ratio of 2.34 and a beta of 1.05.

Xylem (NYSE:XYL) last announced its quarterly earnings data on Thursday, October 31st. The industrial products company reported $1.11 earnings per share for the quarter, meeting the consensus estimate of $1.11. Xylem had a return on equity of 9.61% and a net margin of 9.85%. The company had revenue of $2.10 billion during the quarter, compared to analysts’ expectations of $2.17 billion. During the same quarter last year, the company earned $0.99 EPS. Xylem’s revenue for the quarter was up .2% compared to the same quarter last year. Research analysts anticipate that Xylem Inc. will post 4.23 earnings per share for the current fiscal year.

Xylem Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 24th. Stockholders of record on Tuesday, November 26th will be issued a $0.36 dividend. This represents a $1.44 annualized dividend and a dividend yield of 1.12%. The ex-dividend date is Tuesday, November 26th. Xylem’s payout ratio is presently 42.11%.

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.