Bokf Na cut its position in shares of Xylem Inc (NYSE:XYL) by 5.4% in the fourth quarter, HoldingsChannel reports. The firm owned 6,462 shares of the industrial products company’s stock after selling 368 shares during the period. Bokf Na’s holdings in Xylem were worth $431,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also recently bought and sold shares of XYL. Wells Fargo & Company MN raised its holdings in shares of Xylem by 38.4% in the 3rd quarter. Wells Fargo & Company MN now owns 306,606 shares of the industrial products company’s stock valued at $24,489,000 after purchasing an additional 84,996 shares in the last quarter. American Century Companies Inc. raised its holdings in shares of Xylem by 10.2% in the 3rd quarter. American Century Companies Inc. now owns 9,222 shares of the industrial products company’s stock valued at $737,000 after purchasing an additional 857 shares in the last quarter. Commonwealth Equity Services LLC raised its holdings in shares of Xylem by 3.1% in the 3rd quarter. Commonwealth Equity Services LLC now owns 34,707 shares of the industrial products company’s stock valued at $2,772,000 after purchasing an additional 1,038 shares in the last quarter. Toronto Dominion Bank raised its holdings in shares of Xylem by 1.0% in the 3rd quarter. Toronto Dominion Bank now owns 117,068 shares of the industrial products company’s stock valued at $9,348,000 after purchasing an additional 1,103 shares in the last quarter. Finally, MML Investors Services LLC raised its holdings in shares of Xylem by 44.5% in the 3rd quarter. MML Investors Services LLC now owns 6,430 shares of the industrial products company’s stock valued at $514,000 after purchasing an additional 1,980 shares in the last quarter. 84.87% of the stock is owned by institutional investors.
Several research firms have recently commented on XYL. BMO Capital Markets restated a “buy” rating and issued a $85.00 price target on shares of Xylem in a report on Monday, February 25th. Zacks Investment Research lowered shares of Xylem from a “buy” rating to a “hold” rating in a report on Saturday, February 9th. ValuEngine lowered shares of Xylem from a “buy” rating to a “hold” rating in a research note on Monday, February 4th. Oppenheimer set a $80.00 price objective on shares of Xylem and gave the stock a “buy” rating in a research note on Monday, February 4th. Finally, Stifel Nicolaus upgraded shares of Xylem from a “hold” rating to a “buy” rating and boosted their price objective for the stock from $72.00 to $75.00 in a research note on Wednesday, December 19th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and nine have given a buy rating to the company. Xylem currently has a consensus rating of “Buy” and a consensus target price of $78.36.
NYSE XYL opened at $79.25 on Friday. The company has a debt-to-equity ratio of 0.74, a current ratio of 1.51 and a quick ratio of 1.08. The company has a market cap of $14.07 billion, a P/E ratio of 27.52, a PEG ratio of 1.35 and a beta of 1.14. Xylem Inc has a 52 week low of $60.65 and a 52 week high of $82.44.
Xylem (NYSE:XYL) last posted its quarterly earnings data on Thursday, January 31st. The industrial products company reported $0.88 EPS for the quarter, hitting the consensus estimate of $0.88. The firm had revenue of $1.39 billion during the quarter, compared to analyst estimates of $1.36 billion. Xylem had a net margin of 10.54% and a return on equity of 19.89%. Research analysts forecast that Xylem Inc will post 3.32 earnings per share for the current fiscal year.
The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 14th. Investors of record on Thursday, February 14th were paid a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a dividend yield of 1.21%. The ex-dividend date of this dividend was Wednesday, February 13th. This is a positive change from Xylem’s previous quarterly dividend of $0.21. Xylem’s payout ratio is 33.33%.
Xylem Company Profile
Xylem Inc engages in the design, manufacture, and servicing of engineered products and solutions for the water and wastewater applications. It operates in three segments: Water Infrastructure, Applied Water, and Measurement & Control Solutions. The Water Infrastructure segment offers various products, including water and wastewater pumps; controls and systems; filtration, disinfection, and biological treatment equipment; and mobile dewatering equipment under the Flygt, Godwin, Wedeco, Sanitaire, and Leopold names for the transportation and treatment of water.
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