1 day Ago By ABMN Staff
Teacher Retirement System of Texas trimmed its holdings in Xylem Inc. ( NYSE:XYL – Free Report ) by 98.3% in the fourth quarter, according to the company in its most recent filing with the SEC.
The fund owned 2,273 shares of the industrial products company’s stock after selling 134,404 shares during the quarter. Teacher Retirement System of Texas’ holdings in Xylem were worth $264,000 at the end of the most recent quarter. Other institutional investors also recently made changes to their positions in the company.
Rialto Wealth Management LLC bought a new stake in Xylem in the fourth quarter worth $31,000. Heck Capital Advisors LLC bought a new stake in shares of Xylem in the 4th quarter valued at about $36,000. Pathway Financial Advisers LLC lifted its stake in shares of Xylem by 122.
4% in the 4th quarter. Pathway Financial Advisers LLC now owns 318 shares of the industrial products company’s stock valued at $37,000 after acquiring an additional 175 shares during the last quarter. SRS Capital Advisors Inc.
boosted its holdings in Xylem by 69.5% during the 4th quarter. SRS Capital Advisors Inc.
now owns 317 shares of the industrial products company’s stock valued at $37,000 after acquiring an additional 130 shares during the period. Finally, Flagship Wealth Advisors LLC bought a new position in Xylem during the 4th quarter worth approximately $39,000. Hedge funds and other institutional investors own 87.
96% of the company’s stock. Xylem Stock Performance Xylem stock opened at $119.74 on Wednesday.
Xylem Inc. has a fifty-two week low of $113.26 and a fifty-two week high of $146.
08. The stock’s 50 day simple moving average is $125.65 and its two-hundred day simple moving average is $125.
69. 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 $29.
10 billion, a price-to-earnings ratio of 32.72, a PEG ratio of 2.33 and a beta of 1.
08. Xylem Increases Dividend The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 19th. Investors of record on Tuesday, February 18th were paid a $0.
40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 1.
34%. This is a positive change from Xylem’s previous quarterly dividend of $0.36.
The ex-dividend date was Tuesday, February 18th. Xylem’s dividend payout ratio (DPR) is presently 43.72%.
Wall Street Analysts Forecast Growth XYL has been the subject of a number of analyst reports. Citigroup lowered Xylem from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, February 5th. Wolfe Research reissued a “peer perform” rating on shares of Xylem in a report on Thursday, December 12th.
Stifel Nicolaus lowered their price objective on shares of Xylem from $166.00 to $150.00 and set a “buy” rating for the company in a research note on Friday, January 24th.
Finally, Robert W. Baird raised their target price on Xylem from $139.00 to $148.
00 and gave the stock an “outperform” rating in a research note on Wednesday, February 5th. Four equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to MarketBeat, Xylem currently has an average rating of “Moderate Buy” and a consensus target price of $149.
89. Read Our Latest Analysis on Xylem Xylem Company Profile ( Free Report ) 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. Read More Want to see what other hedge funds are holding XYL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Xylem Inc.
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