Smith Thornton Advisors LLC Has $436,000 Stock Holdings in Xylem Inc. (NYSE:XYL)

Smith Thornton Advisors LLC boosted its stake in Xylem Inc. (NYSE:XYL) by 27.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 3,756 shares of the industrial products company’s stock after purchasing an additional 808 shares during the quarter. Smith Thornton Advisors LLC’s holdings in Xylem were worth $436,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of XYL. Bangor Savings Bank grew its holdings in Xylem by 56.7% in the third quarter. Bangor Savings Bank now owns 235 shares of the industrial products company’s stock worth $32,000 after purchasing an additional 85 shares during the period. Mark Sheptoff Financial Planning LLC acquired a new stake in Xylem in the second quarter worth $33,000. Assetmark Inc. grew its holdings in Xylem by 3,887.5% in the third quarter. Assetmark Inc. now owns 319 shares of the industrial products company’s stock worth $43,000 after purchasing an additional 311 shares during the period. Versant Capital Management Inc grew its holdings in Xylem by 318.2% in the fourth quarter. Versant Capital Management Inc now owns 368 shares of the industrial products company’s stock worth $43,000 after purchasing an additional 280 shares during the period. Finally, Catalyst Capital Advisors LLC grew its holdings in shares of Xylem by 226.0% during the third quarter. Catalyst Capital Advisors LLC now owns 339 shares of the industrial products company’s stock valued at $46,000 after buying an additional 235 shares during the last quarter. 87.96% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on XYL. Royal Bank of Canada reduced their price objective on shares of Xylem from $163.00 to $162.00 and set an “outperform” rating for the company in a report on Friday, November 1st. Citigroup reduced their price objective on shares of Xylem from $148.00 to $147.00 and set a “buy” rating for the company in a report on Monday. TD Cowen reduced their price objective on shares of Xylem from $138.00 to $125.00 and set a “hold” rating for the company in a report on Wednesday, November 6th. Robert W. Baird reduced their price objective on shares of Xylem from $175.00 to $154.00 and set an “outperform” rating for the company in a report on Friday, November 1st. Finally, Stifel Nicolaus reduced their price objective on shares of Xylem from $172.00 to $166.00 and set a “buy” rating for the company in a report on Wednesday, December 11th. Three analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat.com, Xylem has a consensus rating of “Moderate Buy” and a consensus target price of $152.10.

Xylem Stock Up 0.6 %

Xylem stock opened at $116.10 on Thursday. Xylem Inc. has a fifty-two week low of $109.39 and a fifty-two week high of $146.08. The stock has a market cap of $28.21 billion, a PE ratio of 33.95, a price-to-earnings-growth ratio of 1.89 and a beta of 1.06. The firm’s 50-day simple moving average is $121.26 and its 200 day simple moving average is $128.97. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.42 and a current ratio of 1.96.

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

Xylem Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 24th. Shareholders of record on Tuesday, November 26th were given a $0.36 dividend. This represents a $1.44 annualized dividend and a yield of 1.24%. The ex-dividend date was Tuesday, November 26th. Xylem’s dividend payout ratio is 42.11%.

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.