Birch Hill Investment Advisors LLC Raises Stock Position in Xylem Inc. (NYSE:XYL)

Birch Hill Investment Advisors LLC lifted its position in shares of Xylem Inc. (NYSE:XYL) by 10.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,633 shares of the industrial products company’s stock after acquiring an additional 258 shares during the quarter. Birch Hill Investment Advisors LLC’s holdings in Xylem were worth $305,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Heck Capital Advisors LLC acquired a new position in shares of Xylem during the 4th quarter worth $36,000. Assetmark Inc. increased its holdings in Xylem by 3,887.5% during the 3rd quarter. Assetmark Inc. now owns 319 shares of the industrial products company’s stock valued at $43,000 after acquiring an additional 311 shares in the last quarter. Versant Capital Management Inc lifted its holdings in shares of Xylem by 318.2% in the fourth quarter. Versant Capital Management Inc now owns 368 shares of the industrial products company’s stock valued at $43,000 after purchasing an additional 280 shares in the last quarter. Catalyst Capital Advisors LLC grew its position in shares of Xylem by 226.0% in the third quarter. Catalyst Capital Advisors LLC now owns 339 shares of the industrial products company’s stock valued at $46,000 after purchasing an additional 235 shares during the last quarter. Finally, Brooklyn Investment Group purchased a new position in shares of Xylem during the 3rd quarter worth approximately $55,000. Institutional investors and hedge funds own 87.96% of the company’s stock.

Analysts Set New Price Targets

XYL has been the subject of a number of analyst reports. TD Cowen cut their price objective on shares of Xylem from $138.00 to $125.00 and set a “hold” rating for the company in a research report on Wednesday, November 6th. Stifel Nicolaus dropped their target price on shares of Xylem from $166.00 to $150.00 and set a “buy” rating for the company in a research report on Friday, January 24th. Royal Bank of Canada reduced their price objective on Xylem from $163.00 to $162.00 and set an “outperform” rating on the stock in a research note on Friday, November 1st. Citigroup lowered shares of Xylem from a “strong-buy” rating to a “hold” rating in a report on Wednesday. Finally, Robert W. Baird upped their target price on Xylem from $139.00 to $148.00 and gave the company an “outperform” rating in a research report on Wednesday. Four investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $149.90.

Xylem Stock Down 0.2 %

Shares of NYSE:XYL opened at $131.11 on Friday. The company’s fifty day moving average is $120.95 and its two-hundred day moving average is $127.46. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.42 and a current ratio of 1.76. Xylem Inc. has a 1-year low of $113.26 and a 1-year high of $146.08. The stock has a market capitalization of $31.85 billion, a price-to-earnings ratio of 35.82, a price-to-earnings-growth ratio of 2.36 and a beta of 1.07.

Xylem (NYSE:XYL) last issued its earnings results on Tuesday, February 4th. The industrial products company reported $1.18 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.12 by $0.06. The firm had revenue of $2.30 billion for the quarter, compared to analysts’ expectations of $2.18 billion. Xylem had a net margin of 10.40% and a return on equity of 9.96%. Xylem’s revenue was up 8.6% on a year-over-year basis. During the same quarter last year, the company posted $0.99 earnings per share. Equities analysts anticipate that Xylem Inc. will post 4.66 EPS for the current year.

Xylem Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, March 19th. Shareholders of record on Tuesday, February 18th will be paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 1.22%. This is a boost from Xylem’s previous quarterly dividend of $0.36. The ex-dividend date of this dividend is Tuesday, February 18th. Xylem’s dividend payout ratio (DPR) is presently 39.34%.

Xylem 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.