B. Metzler seel. Sohn & Co. Holding AG Purchases Shares of 386,354 Xylem Inc. (NYSE:XYL)

B. Metzler seel. Sohn & Co. Holding AG purchased a new stake in Xylem Inc. (NYSE:XYL) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 386,354 shares of the industrial products company’s stock, valued at approximately $52,169,000. B. Metzler seel. Sohn & Co. Holding AG owned 0.16% of Xylem at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Banque Cantonale Vaudoise increased its holdings in Xylem by 13.9% in the 3rd quarter. Banque Cantonale Vaudoise now owns 42,713 shares of the industrial products company’s stock valued at $5,768,000 after buying an additional 5,209 shares during the period. BIP Wealth LLC grew its holdings in shares of Xylem by 34.7% in the 3rd quarter. BIP Wealth LLC now owns 2,256 shares of the industrial products company’s stock worth $305,000 after purchasing an additional 581 shares during the last quarter. Prospera Financial Services Inc grew its holdings in shares of Xylem by 3.1% in the 3rd quarter. Prospera Financial Services Inc now owns 7,430 shares of the industrial products company’s stock worth $1,003,000 after purchasing an additional 224 shares during the last quarter. Pathstone Holdings LLC grew its holdings in shares of Xylem by 14.5% in the 3rd quarter. Pathstone Holdings LLC now owns 51,315 shares of the industrial products company’s stock worth $6,929,000 after purchasing an additional 6,511 shares during the last quarter. Finally, Strengthening Families & Communities LLC grew its holdings in shares of Xylem by 7.7% in the 3rd quarter. Strengthening Families & Communities LLC now owns 18,890 shares of the industrial products company’s stock worth $2,551,000 after purchasing an additional 1,350 shares during the last quarter. Institutional investors own 87.96% of the company’s stock.

Xylem Stock Performance

Xylem stock opened at $122.46 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 $100.06 and a 1 year high of $146.08. The company has a market cap of $29.75 billion, a PE ratio of 35.81, a PEG ratio of 2.24 and a beta of 1.05. The company’s 50-day moving average is $130.62 and its two-hundred day moving average is $134.65.

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

Xylem Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 24th. Stockholders of record on Tuesday, November 26th will be paid a $0.36 dividend. The ex-dividend date is Tuesday, November 26th. This represents a $1.44 dividend on an annualized basis and a dividend yield of 1.18%. Xylem’s dividend payout ratio (DPR) is presently 42.11%.

Analysts Set New Price Targets

XYL has been the topic of several analyst reports. Stifel Nicolaus upped their target price on shares of Xylem from $170.00 to $172.00 and gave the stock a “buy” rating in a report on Wednesday, July 31st. TD Cowen lowered their target price 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. UBS Group initiated coverage on shares of Xylem in a report on Tuesday, August 13th. They issued a “buy” rating and a $165.00 target price on the stock. Robert W. Baird reduced their price target on shares of Xylem from $175.00 to $154.00 and set an “outperform” rating on the stock in a research report on Friday, November 1st. Finally, Royal Bank of Canada reduced their price target on shares of Xylem from $163.00 to $162.00 and set an “outperform” rating on the stock in a research report on Friday, November 1st. Four analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $147.17.

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.