Xylem Inc. (NYSE:XYL) Stock Holdings Lifted by Ceredex Value Advisors LLC

Ceredex Value Advisors LLC lifted its stake in shares of Xylem Inc. (NYSE:XYL) by 311.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 654,792 shares of the industrial products company’s stock after acquiring an additional 495,625 shares during the quarter. Xylem accounts for 1.5% of Ceredex Value Advisors LLC’s portfolio, making the stock its 11th largest holding. Ceredex Value Advisors LLC’s holdings in Xylem were worth $75,969,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also modified their holdings of the company. Lee Danner & Bass Inc. purchased a new stake in shares of Xylem during the fourth quarter valued at $30,000. Rialto Wealth Management LLC purchased a new stake in Xylem during the fourth quarter valued at about $31,000. Heck Capital Advisors LLC acquired a new position in shares of Xylem in the fourth quarter worth about $36,000. SRS Capital Advisors Inc. raised its holdings in shares of Xylem by 69.5% during the fourth quarter. SRS Capital Advisors Inc. now owns 317 shares of the industrial products company’s stock valued at $37,000 after acquiring an additional 130 shares during the period. Finally, Pathway Financial Advisers LLC lifted its position 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 acquiring an additional 175 shares in the last quarter. 87.96% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on the stock. Stifel Nicolaus lowered their price objective on shares of Xylem from $166.00 to $150.00 and set a “buy” rating on the stock in a research report on Friday, January 24th. Robert W. Baird lifted their price target on Xylem from $139.00 to $148.00 and gave the company an “outperform” rating in a report on Wednesday, February 5th. Finally, Citigroup reduced their price objective on Xylem from $152.00 to $134.00 and set a “buy” rating for the company in a research note on Monday. Three analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. Based on data from MarketBeat, Xylem has a consensus rating of “Moderate Buy” and an average target price of $148.44.

Xylem Trading Down 0.5 %

NYSE XYL opened at $109.11 on Wednesday. The company has a market capitalization of $26.55 billion, a PE ratio of 29.81, a price-to-earnings-growth ratio of 2.33 and a beta of 1.08. Xylem Inc. has a 1-year low of $100.47 and a 1-year high of $146.08. The company has a current ratio of 1.76, a quick ratio of 1.33 and a debt-to-equity ratio of 0.19. The firm’s fifty day simple moving average is $121.88 and its 200-day simple moving average is $123.67.

Xylem (NYSE:XYL) last issued its earnings results on Tuesday, February 4th. The industrial products company reported $1.18 earnings per share for the quarter, topping the consensus estimate of $1.12 by $0.06. The company had revenue of $2.30 billion for the quarter, compared to analyst estimates of $2.18 billion. Xylem had a return on equity of 9.96% and a net margin of 10.40%. The business’s revenue was up 8.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.99 EPS. As a group, sell-side analysts anticipate that Xylem Inc. will post 4.65 earnings per share for the current fiscal year.

Xylem Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 19th. Shareholders of record on Tuesday, February 18th were paid a $0.40 dividend. The ex-dividend date of this dividend was Tuesday, February 18th. This is a boost from Xylem’s previous quarterly dividend of $0.36. This represents a $1.60 dividend on an annualized basis and a yield of 1.47%. Xylem’s payout ratio is 43.72%.

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.