Xylem Inc. (NYSE:XYL) Holdings Raised by 180 Wealth Advisors LLC

180 Wealth Advisors LLC grew its position in Xylem Inc. (NYSE:XYL) by 506.5% in the first quarter, Holdings Channel.com reports. The fund owned 10,541 shares of the industrial products company’s stock after buying an additional 8,803 shares during the period. 180 Wealth Advisors LLC’s holdings in Xylem were worth $1,259,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also made changes to their positions in the company. Lee Danner & Bass Inc. bought a new position in Xylem during the 4th quarter worth $30,000. Rialto Wealth Management LLC bought a new position in Xylem during the 4th quarter worth $31,000. Heck Capital Advisors LLC bought a new position in Xylem during the 4th quarter worth $36,000. Pathway Financial Advisers LLC grew its stake in Xylem by 122.4% during the 4th quarter. Pathway Financial Advisers LLC now owns 318 shares of the industrial products company’s stock worth $37,000 after buying an additional 175 shares during the last quarter. Finally, SRS Capital Advisors Inc. grew its stake in Xylem by 69.5% during the 4th quarter. SRS Capital Advisors Inc. now owns 317 shares of the industrial products company’s stock worth $37,000 after buying an additional 130 shares during the last quarter. 87.96% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of brokerages recently commented on XYL. Royal Bank of Canada upped their price objective on Xylem from $143.00 to $147.00 and gave the stock an “outperform” rating in a research note on Wednesday, April 30th. Stifel Nicolaus upped their price objective on Xylem from $140.00 to $141.00 and gave the stock a “buy” rating in a research note on Wednesday, April 30th. Robert W. Baird decreased their price target on Xylem from $149.00 to $146.00 and set an “outperform” rating for the company in a research note on Wednesday, April 30th. JPMorgan Chase & Co. started coverage on Xylem in a research note on Friday. They issued an “overweight” rating and a $148.00 price target for the company. Finally, Raymond James raised Xylem to a “hold” rating in a research note on Thursday, May 15th. Three research analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $143.71.

Xylem Trading Up 0.2%

NYSE:XYL opened at $125.95 on Friday. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.33 and a current ratio of 1.76. The stock has a market cap of $30.65 billion, a price-to-earnings ratio of 34.41, a PEG ratio of 2.33 and a beta of 1.10. The business has a fifty day moving average of $118.04 and a 200-day moving average of $121.55. Xylem Inc. has a 1 year low of $100.47 and a 1 year high of $143.50.

Xylem (NYSE:XYL) last announced its quarterly earnings data on Tuesday, April 29th. The industrial products company reported $1.03 earnings per share for the quarter, beating the consensus estimate of $0.95 by $0.08. The business had revenue of $2.07 billion during the quarter, compared to analyst estimates of $2.04 billion. Xylem had a return on equity of 9.96% and a net margin of 10.40%. The company’s revenue was up 1.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.90 earnings per share. Equities analysts predict that Xylem Inc. will post 4.65 earnings per share for the current year.

Xylem Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 26th. Stockholders of record on Thursday, May 29th will be issued a $0.40 dividend. The ex-dividend date of this dividend is Thursday, May 29th. This represents a $1.60 annualized dividend and a dividend yield of 1.27%. Xylem’s dividend payout ratio (DPR) is 43.01%.

About Xylem

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.