Calamos Advisors LLC Has $10.20 Million Stake in Xylem Inc. (NYSE:XYL)

Calamos Advisors LLC decreased its position in Xylem Inc. (NYSE:XYL) by 1.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 89,147 shares of the industrial products company’s stock after selling 1,164 shares during the period. Calamos Advisors LLC’s holdings in Xylem were worth $10,195,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of XYL. Bruce G. Allen Investments LLC acquired a new position in Xylem in the fourth quarter valued at $27,000. NBC Securities Inc. acquired a new position in Xylem in the third quarter valued at $38,000. KB Financial Partners LLC acquired a new position in Xylem in the first quarter valued at $42,000. Coppell Advisory Solutions LLC acquired a new position in shares of Xylem during the second quarter valued at about $45,000. Finally, Orion Capital Management LLC acquired a new position in shares of Xylem during the third quarter valued at about $48,000. Institutional investors and hedge funds own 87.96% of the company’s stock.

Wall Street Analysts Forecast Growth

XYL has been the topic of several research reports. Oppenheimer upped their price objective on shares of Xylem from $133.00 to $142.00 and gave the company an “outperform” rating in a report on Thursday. Citigroup upped their price objective on shares of Xylem from $126.00 to $139.00 and gave the company a “neutral” rating in a report on Monday, April 8th. Robert W. Baird upped their price objective on shares of Xylem from $141.00 to $148.00 and gave the company an “outperform” rating in a report on Thursday, March 21st. Stifel Nicolaus upped their price objective on shares of Xylem from $136.00 to $150.00 and gave the company a “buy” rating in a report on Wednesday, February 7th. Finally, Royal Bank of Canada upped their price objective on shares of Xylem from $140.00 to $145.00 and gave the company an “outperform” rating in a report on Wednesday, February 7th. Four research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat.com, Xylem has a consensus rating of “Moderate Buy” and an average target price of $138.11.

Xylem Trading Up 0.5 %

Shares of XYL stock opened at $127.84 on Friday. Xylem Inc. has a 52-week low of $87.59 and a 52-week high of $130.86. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.30 and a current ratio of 1.76. The company has a 50-day simple moving average of $127.01 and a two-hundred day simple moving average of $112.36. The company has a market capitalization of $30.99 billion, a price-to-earnings ratio of 47.00, a PEG ratio of 2.53 and a beta of 1.10.

Xylem (NYSE:XYL) last issued its quarterly earnings data on Tuesday, February 6th. The industrial products company reported $0.99 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.96 by $0.03. Xylem had a net margin of 8.27% and a return on equity of 9.65%. The business had revenue of $2.12 billion during the quarter, compared to the consensus estimate of $2.05 billion. During the same period in the prior year, the firm posted $0.92 EPS. The firm’s quarterly revenue was up 40.6% compared to the same quarter last year. Research analysts anticipate that Xylem Inc. will post 4.13 EPS for the current fiscal year.

Xylem Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 20th. Shareholders of record on Wednesday, February 21st were given a $0.36 dividend. This represents a $1.44 dividend on an annualized basis and a yield of 1.13%. This is an increase from Xylem’s previous quarterly dividend of $0.33. The ex-dividend date of this dividend was Tuesday, February 20th. Xylem’s dividend payout ratio is presently 52.94%.

Insiders Place Their Bets

In other Xylem news, CAO Geri-Michelle Mcshane sold 1,000 shares of the company’s stock in a transaction dated Tuesday, February 20th. The shares were sold at an average price of $122.89, for a total value of $122,890.00. Following the completion of the sale, the chief accounting officer now directly owns 2,935 shares of the company’s stock, valued at approximately $360,682.15. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In other Xylem news, CAO Geri-Michelle Mcshane sold 1,000 shares of the business’s stock in a transaction dated Tuesday, February 20th. The shares were sold at an average price of $122.89, for a total value of $122,890.00. Following the transaction, the chief accounting officer now directly owns 2,935 shares in the company, valued at $360,682.15. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, SVP Franz Cerwinka sold 2,408 shares of the business’s stock in a transaction dated Thursday, February 8th. The shares were sold at an average price of $121.79, for a total transaction of $293,270.32. Following the completion of the transaction, the senior vice president now owns 11,750 shares in the company, valued at $1,431,032.50. The disclosure for this sale can be found here. 0.27% of the stock is currently owned by insiders.

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.