Keybank National Association OH boosted its stake in Xylem Inc. (NYSE:XYL) by 1.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 42,007 shares of the company’s stock after buying an additional 499 shares during the period. Keybank National Association OH’s holdings in Xylem were worth $2,080,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Great Lakes Advisors LLC purchased a new position in shares of Xylem during the third quarter valued at $6,927,000. Sumitomo Mitsui Trust Holdings Inc. raised its position in shares of Xylem by 5.8% in the second quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 555,798 shares of the company’s stock valued at $24,816,000 after buying an additional 30,274 shares during the last quarter. Bank of New York Mellon Corp raised its position in shares of Xylem by 0.8% in the third quarter. Bank of New York Mellon Corp now owns 1,571,542 shares of the company’s stock valued at $82,428,000 after buying an additional 13,094 shares during the last quarter. TIAA CREF Investment Management LLC raised its position in shares of Xylem by 1.2% in the third quarter. TIAA CREF Investment Management LLC now owns 786,057 shares of the company’s stock valued at $41,229,000 after buying an additional 9,455 shares during the last quarter. Finally, Mitsubishi UFJ Kokusai Asset Management Co. Ltd. raised its position in shares of Xylem by 3.1% in the third quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 27,407 shares of the company’s stock valued at $1,437,000 after buying an additional 815 shares during the last quarter. 86.57% of the stock is currently owned by institutional investors.

Institutional Ownership by Quarter for Xylem (NYSE:XYL)

Shares of Xylem Inc. (NYSE:XYL) traded down 0.7122% on Friday, hitting $47.4099. The stock had a trading volume of 407,254 shares. The stock has a market capitalization of $8.51 billion, a PE ratio of 32.6965 and a beta of 1.21. The firm’s 50 day moving average is $48.84 and its 200-day moving average is $50.06. Xylem Inc. has a one year low of $36.42 and a one year high of $54.99.

Xylem (NYSE:XYL) last announced its quarterly earnings data on Thursday, February 2nd. The company reported $0.66 EPS for the quarter, topping analysts’ consensus estimates of $0.65 by $0.01. Xylem had a return on equity of 16.64% and a net margin of 6.89%. The business earned $1.10 billion during the quarter, compared to analysts’ expectations of $1.13 billion. During the same period in the previous year, the firm earned $0.60 earnings per share. The firm’s quarterly revenue was up 10.7% compared to the same quarter last year. Equities research analysts expect that Xylem Inc. will post $2.29 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, March 15th. Shareholders of record on Thursday, February 16th will be issued a dividend of $0.18 per share. The ex-dividend date is Tuesday, February 14th. This is a positive change from Xylem’s previous quarterly dividend of $0.15. This represents a $0.72 annualized dividend and a yield of 1.51%. Xylem’s payout ratio is currently 42.76%.

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Several research analysts have weighed in on XYL shares. Oppenheimer Holdings, Inc. reaffirmed an “outperform” rating and issued a $56.00 target price (down from $58.00) on shares of Xylem in a research report on Wednesday, January 11th. Royal Bank Of Canada upped their target price on Xylem from $55.00 to $56.00 and gave the stock an “outperform” rating in a research report on Friday, February 3rd. Zacks Investment Research raised Xylem from a “sell” rating to a “hold” rating in a research report on Monday, February 6th. Stifel Nicolaus upped their target price on Xylem from $47.00 to $48.00 and gave the stock a “hold” rating in a research report on Wednesday, November 2nd. Finally, Boenning Scattergood raised Xylem from a “neutral” rating to an “outperform” rating and set a $55.00 price objective on the stock in a report on Friday, February 3rd. Seven analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus price target of $51.00.

About Xylem

Xylem Inc is engaged in the design, manufacturing, and application of engineered technologies for the water industry. The Company is an equipment and service provider for water and wastewater applications with a portfolio of products and services addressing the cycle of water, from collection, distribution and use to the return of water to the environment.

5 Day Chart for NYSE:XYL

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