Xylem Inc. (NYSE:XYL) Shares Sold by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP trimmed its position in shares of Xylem Inc. (NYSE:XYLGet Rating) by 0.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 787,543 shares of the industrial products company’s stock after selling 136 shares during the period. Dimensional Fund Advisors LP owned approximately 0.44% of Xylem worth $87,082,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. TCI Wealth Advisors Inc. grew its stake in shares of Xylem by 583.3% during the third quarter. TCI Wealth Advisors Inc. now owns 369 shares of the industrial products company’s stock valued at $32,000 after acquiring an additional 315 shares in the last quarter. Hexagon Capital Partners LLC grew its stake in Xylem by 32.3% during the 4th quarter. Hexagon Capital Partners LLC now owns 393 shares of the industrial products company’s stock valued at $43,000 after purchasing an additional 96 shares in the last quarter. Bell Investment Advisors Inc increased its holdings in Xylem by 67.2% during the 4th quarter. Bell Investment Advisors Inc now owns 448 shares of the industrial products company’s stock worth $50,000 after purchasing an additional 180 shares during the last quarter. Guardian Wealth Advisors LLC acquired a new position in shares of Xylem in the 3rd quarter valued at approximately $51,000. Finally, Belpointe Asset Management LLC purchased a new position in shares of Xylem during the 4th quarter valued at approximately $51,000. Hedge funds and other institutional investors own 83.57% of the company’s stock.

Xylem Trading Down 0.2 %

NYSE:XYL opened at $104.14 on Wednesday. The firm has a market capitalization of $18.81 billion, a P/E ratio of 50.80, a P/E/G ratio of 2.65 and a beta of 1.07. The business has a 50 day simple moving average of $102.70 and a 200 day simple moving average of $106.37. The company has a debt-to-equity ratio of 0.52, a current ratio of 2.01 and a quick ratio of 1.44. Xylem Inc. has a 12-month low of $72.08 and a 12-month high of $118.58.

Xylem (NYSE:XYLGet Rating) last announced its quarterly earnings results on Thursday, May 4th. The industrial products company reported $0.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.62 by $0.10. Xylem had a net margin of 6.53% and a return on equity of 16.63%. The company had revenue of $1.45 billion during the quarter, compared to the consensus estimate of $1.35 billion. During the same quarter in the previous year, the company posted $0.47 earnings per share. The company’s revenue for the quarter was up 13.8% compared to the same quarter last year. Equities research analysts predict that Xylem Inc. will post 3.28 EPS for the current year.

Xylem Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 28th. Stockholders of record on Tuesday, May 30th will be issued a dividend of $0.33 per share. The ex-dividend date of this dividend is Friday, May 26th. This represents a $1.32 dividend on an annualized basis and a dividend yield of 1.27%. Xylem’s dividend payout ratio (DPR) is presently 64.39%.

Insider Transactions at Xylem

In other Xylem news, CEO Patrick Decker sold 56,298 shares of Xylem stock in a transaction on Monday, March 13th. The stock was sold at an average price of $98.19, for a total transaction of $5,527,900.62. Following the sale, the chief executive officer now owns 287,564 shares of the company’s stock, valued at approximately $28,235,909.16. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other Xylem news, SVP Hayati Yarkadas sold 15,942 shares of the company’s stock in a transaction that occurred on Thursday, March 2nd. The stock was sold at an average price of $100.43, for a total value of $1,601,055.06. Following the completion of the sale, the senior vice president now directly owns 12,146 shares in the company, valued at $1,219,822.78. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Patrick Decker sold 56,298 shares of Xylem stock in a transaction on Monday, March 13th. The shares were sold at an average price of $98.19, for a total value of $5,527,900.62. Following the transaction, the chief executive officer now owns 287,564 shares in the company, valued at $28,235,909.16. The disclosure for this sale can be found here. Insiders own 0.90% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on XYL shares. Cowen upped their price target on shares of Xylem from $115.00 to $120.00 and gave the company an “outperform” rating in a report on Tuesday, February 14th. Mizuho reaffirmed a “neutral” rating and set a $105.00 price target on shares of Xylem in a research report on Wednesday, February 8th. TheStreet lowered Xylem from a “b” rating to a “c+” rating in a report on Thursday, May 4th. StockNews.com began coverage on Xylem in a report on Thursday, May 18th. They set a “hold” rating on the stock. Finally, Stifel Nicolaus upgraded Xylem from a “hold” rating to a “buy” rating and boosted their price target for the company from $115.00 to $124.00 in a report on Tuesday, January 24th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and six have issued a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $114.80.

Xylem Profile

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Xylem, Inc engages in the design, manufacture, and application of engineered technologies for the water industry. It operates through the following business segments: Water Infrastructure, Applied Water, and Measurement and Control Solutions. The Water Infrastructure segment focuses on the transportation, treatment and testing of water.

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Institutional Ownership by Quarter for Xylem (NYSE:XYL)

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