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

LVW Advisors LLC lowered its position in Xylem Inc. (NYSE:XYL) by 6.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund 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.

Other institutional investors and hedge funds have also modified their holdings of the company. Nordea Investment Management AB raised its position in Xylem by 24.6% in the 4th quarter. Nordea Investment Management AB now owns 26,798 shares of the industrial products company’s stock valued at $3,125,000 after purchasing an additional 5,286 shares during the last quarter. MML Investors Services LLC increased its stake in shares of 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. raised its holdings in shares of Xylem by 0.4% in the third quarter. Charles Schwab Investment Management Inc. now owns 1,345,768 shares of the industrial products company’s stock valued at $181,719,000 after buying an additional 5,817 shares during the last quarter. Groupama Asset Managment lifted its position in Xylem by 89.6% during the 3rd quarter. Groupama Asset Managment now owns 16,340 shares of the industrial products company’s stock worth $2,206,000 after buying an additional 7,723 shares in the last quarter. Finally, Franklin Resources Inc. grew its holdings in Xylem by 2.3% during the 3rd quarter. Franklin Resources Inc. now owns 1,597,657 shares of the industrial products company’s stock worth $219,262,000 after acquiring an additional 36,102 shares during the last quarter. 87.96% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

XYL has been the subject of a number of research analyst reports. Citigroup dropped 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. Robert W. Baird dropped their price objective on shares of Xylem from $175.00 to $154.00 and set an “outperform” rating for the company in a research report on Friday, November 1st. Wolfe Research reiterated a “peer perform” rating on shares of Xylem in a research report on Thursday, December 12th. Royal Bank of Canada dropped their target price on Xylem from $163.00 to $162.00 and set an “outperform” rating for the company in a research report on Friday, November 1st. Finally, Stifel Nicolaus decreased their price target on Xylem from $172.00 to $166.00 and set a “buy” rating on the stock in a report on Wednesday, December 11th. Three analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat.com, Xylem has a consensus rating of “Moderate Buy” and a consensus target price of $152.10.

Xylem Price Performance

Xylem stock opened at $119.84 on Tuesday. The company has a current ratio of 1.96, a quick ratio of 1.42 and a debt-to-equity ratio of 0.19. The firm has a market capitalization of $29.11 billion, a P/E ratio of 35.04, a PEG ratio of 1.89 and a beta of 1.06. The business has a 50-day moving average of $120.98 and a 200-day moving average of $128.68. Xylem Inc. has a 1 year low of $109.70 and a 1 year high of $146.08.

Xylem (NYSE:XYL) last issued its quarterly earnings data on Thursday, October 31st. The industrial products company reported $1.11 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $1.11. The firm had revenue of $2.10 billion during the quarter, compared to analysts’ expectations of $2.17 billion. Xylem had a net margin of 9.85% and a return on equity of 9.61%. The business’s revenue for the quarter was up .2% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.99 earnings per share. On average, equities analysts anticipate that Xylem Inc. will post 4.23 EPS for the current year.

Xylem Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 24th. Shareholders of record on Tuesday, November 26th were issued a dividend of $0.36 per share. The ex-dividend date was Tuesday, November 26th. This represents a $1.44 annualized dividend and a yield of 1.20%. Xylem’s dividend payout ratio is presently 42.11%.

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.