RPG Investment Advisory LLC Has $15.33 Million Holdings in Xylem Inc. (NYSE:XYL)

RPG Investment Advisory LLC raised its position in Xylem Inc. (NYSE:XYL) by 22.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 132,143 shares of the industrial products company’s stock after buying an additional 24,297 shares during the period. Xylem accounts for about 2.1% of RPG Investment Advisory LLC’s investment portfolio, making the stock its 18th biggest position. RPG Investment Advisory LLC owned 0.05% of Xylem worth $15,331,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Nordea Investment Management AB boosted its position in Xylem by 24.6% in the fourth quarter. Nordea Investment Management AB now owns 26,798 shares of the industrial products company’s stock valued at $3,125,000 after buying an additional 5,286 shares in the last quarter. MML Investors Services LLC boosted its position in Xylem by 66.9% in the third quarter. MML Investors Services LLC now owns 15,935 shares of the industrial products company’s stock valued at $2,152,000 after buying an additional 6,386 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its position in shares of Xylem by 0.4% during the third quarter. Charles Schwab Investment Management Inc. now owns 1,345,768 shares of the industrial products company’s stock worth $181,719,000 after purchasing an additional 5,817 shares in the last quarter. Swedbank AB lifted its position in shares of Xylem by 23.1% during the fourth quarter. Swedbank AB now owns 3,683,201 shares of the industrial products company’s stock worth $427,325,000 after purchasing an additional 691,618 shares in the last quarter. Finally, Groupama Asset Managment lifted its position in shares of Xylem by 89.6% during the third quarter. Groupama Asset Managment now owns 16,340 shares of the industrial products company’s stock worth $2,206,000 after purchasing an additional 7,723 shares in the last quarter. 87.96% of the stock is currently owned by institutional investors and hedge funds.

Xylem Trading Down 1.9 %

Shares of NYSE XYL opened at $127.32 on Monday. The company’s 50 day simple moving average is $121.81 and its 200 day simple moving average is $127.19. Xylem Inc. has a fifty-two week low of $113.26 and a fifty-two week high of $146.08. The firm has a market capitalization of $30.93 billion, a P/E ratio of 34.79, a P/E/G ratio of 2.33 and a beta of 1.07. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.76 and a quick ratio of 1.33.

Xylem (NYSE:XYL) last issued its earnings results on Tuesday, February 4th. The industrial products company reported $1.18 EPS 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 quarter in the prior year, the firm earned $0.99 earnings per share. The business’s quarterly revenue was up 8.6% on a year-over-year basis. On average, analysts predict that Xylem Inc. will post 4.65 EPS for the current year.

Xylem Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, March 19th. Shareholders of record on Tuesday, February 18th will be paid a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 1.26%. The ex-dividend date of this dividend is Tuesday, February 18th. This is an increase from Xylem’s previous quarterly dividend of $0.36. Xylem’s dividend payout ratio is presently 43.72%.

Analyst Ratings Changes

A number of brokerages have recently issued reports on XYL. Wolfe Research reiterated a “peer perform” rating on shares of Xylem in a research report on Thursday, December 12th. Robert W. Baird upped their target price on shares of Xylem from $139.00 to $148.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 5th. TD Cowen reduced their target price 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. Stifel Nicolaus reduced their target price on shares of Xylem from $166.00 to $150.00 and set a “buy” rating on the stock in a research report on Friday, January 24th. Finally, Citigroup lowered shares of Xylem from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, February 5th. Four investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $149.90.

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.