Xylem Inc. (NYSE:XYL) Shares Acquired by Catalyst Capital Advisors LLC

Catalyst Capital Advisors LLC increased its holdings in Xylem Inc. (NYSE:XYL) by 141.3% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 818 shares of the industrial products company’s stock after acquiring an additional 479 shares during the quarter. Catalyst Capital Advisors LLC’s holdings in Xylem were worth $95,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of XYL. Nordea Investment Management AB raised its stake in Xylem by 24.6% during the fourth quarter. Nordea Investment Management AB now owns 26,798 shares of the industrial products company’s stock valued at $3,125,000 after buying an additional 5,286 shares in the last quarter. MML Investors Services LLC raised its stake in Xylem by 66.9% during the third quarter. MML Investors Services LLC now owns 15,935 shares of the industrial products company’s stock valued at $2,152,000 after buying an additional 6,386 shares in the last quarter. Charles Schwab Investment Management Inc. raised its stake in Xylem by 0.4% during the third quarter. Charles Schwab Investment Management Inc. now owns 1,345,768 shares of the industrial products company’s stock valued at $181,719,000 after buying an additional 5,817 shares in the last quarter. Swedbank AB raised its stake in Xylem by 23.1% during the fourth quarter. Swedbank AB now owns 3,683,201 shares of the industrial products company’s stock valued at $427,325,000 after buying an additional 691,618 shares in the last quarter. Finally, Groupama Asset Managment raised its stake in Xylem by 89.6% during the third quarter. Groupama Asset Managment now owns 16,340 shares of the industrial products company’s stock valued at $2,206,000 after buying an additional 7,723 shares in the last quarter. Institutional investors and hedge funds own 87.96% of the company’s stock.

Xylem Stock Performance

Shares of XYL stock opened at $130.43 on Wednesday. Xylem Inc. has a 12-month low of $113.26 and a 12-month high of $146.08. The firm has a market capitalization of $31.69 billion, a price-to-earnings ratio of 35.64, a price-to-earnings-growth ratio of 2.36 and a beta of 1.07. The business has a 50 day simple moving average of $121.36 and a 200 day simple moving average of $127.14. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.76 and a quick ratio of 1.42.

Xylem (NYSE:XYL) last issued its quarterly earnings data 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. Xylem had a return on equity of 9.96% and a net margin of 10.40%. The business had revenue of $2.30 billion during the quarter, compared to analyst estimates of $2.18 billion. During the same period in the prior year, the company posted $0.99 EPS. The business’s revenue for the quarter was up 8.6% compared to the same quarter last year. On average, equities research analysts anticipate that Xylem Inc. will post 4.66 EPS for the current year.

Xylem Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 19th. Investors of record on Tuesday, February 18th will be issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 1.23%. This is a positive change from Xylem’s previous quarterly dividend of $0.36. The ex-dividend date is Tuesday, February 18th. Xylem’s dividend payout ratio is 39.34%.

Wall Street Analyst Weigh In

XYL has been the topic of several research reports. Royal Bank of Canada cut 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 cut Xylem from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, February 5th. Wolfe Research reiterated a “peer perform” rating on shares of Xylem in a research report on Thursday, December 12th. Robert W. Baird increased their price target on Xylem from $139.00 to $148.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 5th. Finally, Stifel Nicolaus dropped their price target on Xylem from $166.00 to $150.00 and set a “buy” rating on the stock in a research report on Friday, January 24th. Four research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. According to MarketBeat.com, Xylem currently has a consensus rating of “Moderate Buy” and an average price target of $149.90.

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.