LVW Advisors LLC Sells 197 Shares of Xylem Inc. (NYSE:XYL)

LVW Advisors LLC lessened its position in shares of Xylem Inc. (NYSE:XYL) by 6.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,781 shares of the industrial products company’s stock after selling 197 shares during the period. LVW Advisors LLC’s holdings in Xylem were worth $323,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Bangor Savings Bank grew its holdings in shares of Xylem by 56.7% during the third quarter. Bangor Savings Bank now owns 235 shares of the industrial products company’s stock worth $32,000 after buying an additional 85 shares in the last quarter. Assetmark Inc. grew its stake in shares of Xylem by 3,887.5% during the 3rd quarter. Assetmark Inc. now owns 319 shares of the industrial products company’s stock worth $43,000 after acquiring an additional 311 shares in the last quarter. Versant Capital Management Inc raised its holdings in shares of Xylem by 318.2% in the fourth quarter. Versant Capital Management Inc now owns 368 shares of the industrial products company’s stock valued at $43,000 after purchasing an additional 280 shares during the last quarter. Catalyst Capital Advisors LLC lifted its position in shares of Xylem by 226.0% in the third quarter. Catalyst Capital Advisors LLC now owns 339 shares of the industrial products company’s stock worth $46,000 after purchasing an additional 235 shares in the last quarter. Finally, Brooklyn Investment Group acquired a new position in Xylem during the third quarter worth $55,000. Institutional investors and hedge funds own 87.96% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on XYL shares. Robert W. Baird lowered their price target on shares of Xylem from $175.00 to $154.00 and set an “outperform” rating on the stock in a research note on Friday, November 1st. Stifel Nicolaus lowered their target price on Xylem from $172.00 to $166.00 and set a “buy” rating on the stock in a research report on Wednesday, December 11th. Wolfe Research reaffirmed a “peer perform” rating on shares of Xylem in a research report on Thursday, December 12th. Citigroup cut their target price on shares of Xylem from $148.00 to $147.00 and set a “buy” rating for the company in a research note on Monday, January 13th. Finally, TD Cowen lowered their price target on shares of Xylem from $138.00 to $125.00 and set a “hold” rating on the stock in a research report on Wednesday, November 6th. Three equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat, Xylem has an average rating of “Moderate Buy” and an average price target of $152.10.

Xylem Stock Performance

Shares of NYSE:XYL opened at $119.84 on Tuesday. Xylem Inc. has a 1 year low of $109.70 and a 1 year high of $146.08. The stock has a market capitalization of $29.11 billion, a price-to-earnings ratio of 35.04, a price-to-earnings-growth ratio of 1.89 and a beta of 1.06. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.96 and a quick ratio of 1.42. The company’s 50 day simple moving average is $120.98 and its 200 day simple moving average is $128.68.

Xylem (NYSE:XYL) last issued its quarterly earnings results on Thursday, October 31st. The industrial products company reported $1.11 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.11. Xylem had a return on equity of 9.61% and a net margin of 9.85%. The company had revenue of $2.10 billion for the quarter, compared to analyst estimates of $2.17 billion. During the same quarter last year, the company posted $0.99 EPS. The company’s revenue for the quarter was up .2% compared to the same quarter last year. As a group, research analysts predict that Xylem Inc. will post 4.23 EPS for the current fiscal year.

Xylem Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 24th. Stockholders of record on Tuesday, November 26th were issued a $0.36 dividend. The ex-dividend date was Tuesday, November 26th. This represents a $1.44 dividend on an annualized basis and a dividend yield of 1.20%. Xylem’s dividend payout ratio (DPR) is currently 42.11%.

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.