Sequoia Financial Advisors LLC Buys 14,174 Shares of Xylem Inc. (NYSE:XYL)

Sequoia Financial Advisors LLC boosted its stake in shares of Xylem Inc. (NYSE:XYL) by 5.5% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 272,691 shares of the industrial products company’s stock after purchasing an additional 14,174 shares during the period. Sequoia Financial Advisors LLC owned 0.11% of Xylem worth $31,638,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. Clear Creek Financial Management LLC boosted its holdings in shares of Xylem by 4.3% during the 4th quarter. Clear Creek Financial Management LLC now owns 2,315 shares of the industrial products company’s stock valued at $269,000 after acquiring an additional 96 shares in the last quarter. Bleakley Financial Group LLC raised its position in Xylem by 2.3% in the fourth quarter. Bleakley Financial Group LLC now owns 4,359 shares of the industrial products company’s stock valued at $506,000 after purchasing an additional 96 shares during the last quarter. U.S. Capital Wealth Advisors LLC boosted its stake in shares of Xylem by 1.3% during the fourth quarter. U.S. Capital Wealth Advisors LLC now owns 7,868 shares of the industrial products company’s stock valued at $913,000 after purchasing an additional 98 shares in the last quarter. Mcrae Capital Management Inc. grew its holdings in shares of Xylem by 2.9% during the fourth quarter. Mcrae Capital Management Inc. now owns 3,575 shares of the industrial products company’s stock worth $415,000 after purchasing an additional 100 shares during the last quarter. Finally, Larson Financial Group LLC increased its stake in shares of Xylem by 24.0% in the fourth quarter. Larson Financial Group LLC now owns 521 shares of the industrial products company’s stock valued at $60,000 after buying an additional 101 shares during the period. 87.96% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

XYL has been the subject of several analyst reports. Citigroup downgraded shares of Xylem from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, February 5th. Robert W. Baird upped their price target on Xylem from $139.00 to $148.00 and gave the company an “outperform” rating in a research report on Wednesday, February 5th. Wolfe Research reaffirmed a “peer perform” rating on shares of Xylem in a research note on Thursday, December 12th. Finally, Stifel Nicolaus decreased 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. Four equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $149.90.

Xylem Stock Performance

NYSE:XYL opened at $123.69 on Wednesday. The company has a quick ratio of 1.33, a current ratio of 1.76 and a debt-to-equity ratio of 0.19. Xylem Inc. has a twelve month low of $113.26 and a twelve month high of $146.08. The company has a fifty day moving average of $124.39 and a 200-day moving average of $126.86. The firm has a market capitalization of $30.06 billion, a P/E ratio of 33.80, a P/E/G ratio of 2.33 and a beta of 1.08.

Xylem (NYSE:XYL) last posted its quarterly earnings results on Tuesday, February 4th. The industrial products company reported $1.18 earnings per share for the quarter, beating the consensus estimate of $1.12 by $0.06. Xylem had a net margin of 10.40% and a return on equity of 9.96%. The firm had revenue of $2.30 billion during the quarter, compared to the consensus estimate of $2.18 billion. During the same period in the previous year, the firm posted $0.99 earnings per share. The business’s revenue was up 8.6% compared to the same quarter last year. As a group, sell-side analysts anticipate that Xylem Inc. will post 4.65 EPS for the current year.

Xylem Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, March 19th. Investors of record on Tuesday, February 18th will be paid a dividend of $0.40 per share. This is an increase from Xylem’s previous quarterly dividend of $0.36. This represents a $1.60 dividend on an annualized basis and a yield of 1.29%. The ex-dividend date of this dividend is Tuesday, February 18th. Xylem’s dividend payout ratio is 43.72%.

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.