Dynamic Advisor Solutions LLC Takes $694,000 Position in Xylem Inc. (NYSE:XYL)

Dynamic Advisor Solutions LLC purchased a new position in shares of Xylem Inc. (NYSE:XYLFree Report) in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 5,813 shares of the industrial products company’s stock, valued at approximately $694,000.

Several other hedge funds have also recently modified their holdings of the stock. Dempze Nancy E raised its position in Xylem by 0.3% during the 4th quarter. Dempze Nancy E now owns 25,761 shares of the industrial products company’s stock worth $2,989,000 after buying an additional 88 shares during the last quarter. Townsquare Capital LLC raised its holdings in Xylem by 0.8% during the fourth quarter. Townsquare Capital LLC now owns 11,074 shares of the industrial products company’s stock worth $1,285,000 after purchasing an additional 88 shares in the last quarter. Keel Point LLC raised its holdings in Xylem by 4.1% during the fourth quarter. Keel Point LLC now owns 2,371 shares of the industrial products company’s stock worth $275,000 after purchasing an additional 93 shares in the last quarter. SageView Advisory Group LLC lifted its position in Xylem by 3.6% in the fourth quarter. SageView Advisory Group LLC now owns 2,790 shares of the industrial products company’s stock valued at $324,000 after purchasing an additional 98 shares during the period. Finally, Larson Financial Group LLC boosted its holdings in Xylem by 24.0% in the 4th quarter. Larson Financial Group LLC now owns 521 shares of the industrial products company’s stock valued at $60,000 after purchasing an additional 101 shares in the last quarter. 87.96% of the stock is owned by institutional investors and hedge funds.

Xylem Stock Performance

XYL opened at $125.07 on Thursday. Xylem Inc. has a 1-year low of $100.47 and a 1-year high of $143.50. The stock has a market cap of $30.44 billion, a P/E ratio of 33.62, a P/E/G ratio of 2.28 and a beta of 1.13. The stock’s 50 day simple moving average is $121.60 and its 200 day simple moving average is $121.76. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.89 and a quick ratio of 1.41.

Xylem (NYSE:XYLGet Free Report) last posted its earnings results on Tuesday, April 29th. The industrial products company reported $1.03 EPS for the quarter, topping analysts’ consensus estimates of $0.95 by $0.08. The company had revenue of $2.07 billion for the quarter, compared to the consensus estimate of $2.04 billion. Xylem had a return on equity of 10.12% and a net margin of 10.54%. Xylem’s quarterly revenue was up 1.8% compared to the same quarter last year. During the same period in the previous year, the business earned $0.90 earnings per share. As a group, equities analysts anticipate that Xylem Inc. will post 4.65 EPS for the current fiscal year.

Xylem Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 26th. Investors of record on Thursday, May 29th will be given a $0.40 dividend. The ex-dividend date of this dividend is Thursday, May 29th. This represents a $1.60 annualized dividend and a dividend yield of 1.28%. Xylem’s dividend payout ratio is presently 43.01%.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on XYL shares. Royal Bank Of Canada boosted their target price on Xylem from $143.00 to $147.00 and gave the stock an “outperform” rating in a research report on Wednesday, April 30th. Citigroup decreased their price target on Xylem from $152.00 to $134.00 and set a “buy” rating on the stock in a research note on Monday, April 14th. Raymond James Financial upgraded Xylem to a “hold” rating in a research report on Thursday, May 15th. JPMorgan Chase & Co. began coverage on Xylem in a report on Friday, May 30th. They issued an “overweight” rating and a $148.00 target price for the company. Finally, Robert W. Baird decreased their target price on shares of Xylem from $149.00 to $146.00 and set an “outperform” rating on the stock in a research report on Wednesday, April 30th. Three investment analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to MarketBeat.com, Xylem currently has a consensus rating of “Moderate Buy” and an average target price of $143.71.

View Our Latest Report on XYL

Xylem Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Xylem (NYSE:XYL)

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