Threadgill Financial LLC Takes $222,000 Position in Xylem Inc. (NYSE:XYL)

Threadgill Financial LLC bought a new position in Xylem Inc. (NYSE:XYL) during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 1,938 shares of the industrial products company’s stock, valued at approximately $222,000.

Other large investors have also recently made changes to their positions in the company. BlackRock Inc. increased its stake in Xylem by 21.3% during the second quarter. BlackRock Inc. now owns 25,741,159 shares of the industrial products company’s stock worth $2,898,969,000 after acquiring an additional 4,521,913 shares during the last quarter. Vanguard Group Inc. boosted its position in shares of Xylem by 7.6% during the first quarter. Vanguard Group Inc. now owns 20,390,911 shares of the industrial products company’s stock valued at $1,738,529,000 after buying an additional 1,435,798 shares during the period. State Street Corp boosted its position in shares of Xylem by 28.3% during the second quarter. State Street Corp now owns 9,868,835 shares of the industrial products company’s stock valued at $1,111,428,000 after buying an additional 2,176,790 shares during the period. Morgan Stanley boosted its position in shares of Xylem by 11.5% during the third quarter. Morgan Stanley now owns 4,528,905 shares of the industrial products company’s stock valued at $412,267,000 after buying an additional 466,911 shares during the period. Finally, Invesco Ltd. boosted its position in shares of Xylem by 35.1% during the third quarter. Invesco Ltd. now owns 4,182,821 shares of the industrial products company’s stock valued at $380,762,000 after buying an additional 1,086,102 shares during the period. 87.96% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of analysts recently issued reports on the company. Raymond James upgraded Xylem from an “underperform” rating to a “market perform” rating in a report on Thursday, January 4th. Robert W. Baird boosted their price target on Xylem from $141.00 to $148.00 and gave the company an “outperform” rating in a report on Thursday, March 21st. Royal Bank of Canada upped their target price on Xylem from $140.00 to $145.00 and gave the stock an “outperform” rating in a report on Wednesday, February 7th. BNP Paribas initiated coverage on Xylem in a report on Tuesday, March 12th. They set an “outperform” rating and a $150.00 target price for the company. Finally, Wolfe Research initiated coverage on Xylem in a report on Wednesday, December 13th. They set an “outperform” rating and a $127.00 target price for the company. Four research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to MarketBeat.com, Xylem presently has an average rating of “Moderate Buy” and an average target price of $134.00.

Xylem Price Performance

NYSE XYL opened at $129.38 on Thursday. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.76 and a quick ratio of 1.30. The stock’s fifty day moving average price is $122.68 and its 200 day moving average price is $108.34. Xylem Inc. has a 1 year low of $87.59 and a 1 year high of $130.86. The company has a market cap of $31.28 billion, a price-to-earnings ratio of 47.57, a PEG ratio of 2.59 and a beta of 1.11.

Xylem (NYSE:XYL) last announced its quarterly earnings results on Tuesday, February 6th. The industrial products company reported $0.99 earnings per share for the quarter, topping the consensus estimate of $0.96 by $0.03. Xylem had a return on equity of 9.65% and a net margin of 8.27%. The company had revenue of $2.12 billion for the quarter, compared to the consensus estimate of $2.05 billion. During the same period last year, the firm earned $0.92 EPS. The firm’s revenue for the quarter was up 40.6% compared to the same quarter last year. As a group, equities research analysts forecast that Xylem Inc. will post 4.13 earnings per share for the current year.

Xylem Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, March 20th. Investors of record on Wednesday, February 21st were paid a $0.36 dividend. The ex-dividend date was Tuesday, February 20th. This is a positive change from Xylem’s previous quarterly dividend of $0.33. This represents a $1.44 dividend on an annualized basis and a yield of 1.11%. Xylem’s dividend payout ratio (DPR) is currently 52.94%.

Insider Activity at Xylem

In related news, SVP Franz Cerwinka sold 2,408 shares of the firm’s stock in a transaction dated Thursday, February 8th. The shares were sold at an average price of $121.79, for a total value of $293,270.32. Following the transaction, the senior vice president now directly owns 11,750 shares of the company’s stock, valued at approximately $1,431,032.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. In other news, CAO Geri-Michelle Mcshane sold 1,000 shares of Xylem stock in a transaction that occurred on Tuesday, February 20th. The shares were sold at an average price of $122.89, for a total transaction of $122,890.00. Following the sale, the chief accounting officer now owns 2,935 shares of the company’s stock, valued at approximately $360,682.15. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, SVP Franz Cerwinka sold 2,408 shares of the business’s stock in a transaction that occurred on Thursday, February 8th. The shares were sold at an average price of $121.79, for a total value of $293,270.32. Following the completion of the sale, the senior vice president now directly owns 11,750 shares in the company, valued at approximately $1,431,032.50. The disclosure for this sale can be found here. 0.90% of the stock is currently owned by corporate insiders.

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.