Diversified Trust Co Acquires 1,911 Shares of Xylem Inc. (NYSE:XYL)

Diversified Trust Co raised its holdings in Xylem Inc. (NYSE:XYL) by 17.8% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 12,673 shares of the industrial products company’s stock after acquiring an additional 1,911 shares during the quarter. Diversified Trust Co’s holdings in Xylem were worth $1,711,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. EverSource Wealth Advisors LLC increased its stake in shares of Xylem by 68.8% in the 1st quarter. EverSource Wealth Advisors LLC now owns 189 shares of the industrial products company’s stock valued at $25,000 after acquiring an additional 77 shares during the last quarter. Mark Sheptoff Financial Planning LLC acquired a new position in Xylem during the second quarter valued at approximately $33,000. Blue Trust Inc. increased its stake in Xylem by 1,185.7% in the second quarter. Blue Trust Inc. now owns 270 shares of the industrial products company’s stock valued at $35,000 after purchasing an additional 249 shares in the last quarter. FinTrust Capital Advisors LLC increased its stake in Xylem by 170.9% in the first quarter. FinTrust Capital Advisors LLC now owns 317 shares of the industrial products company’s stock valued at $41,000 after purchasing an additional 200 shares in the last quarter. Finally, Hazlett Burt & Watson Inc. raised its holdings in Xylem by 184.9% in the first quarter. Hazlett Burt & Watson Inc. now owns 339 shares of the industrial products company’s stock worth $43,000 after purchasing an additional 220 shares during the period. Institutional investors and hedge funds own 87.96% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on XYL shares. Robert W. Baird upped their price objective on shares of Xylem from $155.00 to $170.00 and gave the company an “outperform” rating in a research report on Wednesday, July 31st. Stifel Nicolaus increased their price target on Xylem from $170.00 to $172.00 and gave the stock a “buy” rating in a report on Wednesday, July 31st. UBS Group assumed coverage on Xylem in a report on Tuesday, August 13th. They set a “buy” rating and a $165.00 price objective on the stock. TD Cowen reissued a “hold” rating and set a $138.00 target price on shares of Xylem in a research note on Tuesday, September 3rd. Finally, Royal Bank of Canada lifted their price target on shares of Xylem from $160.00 to $163.00 and gave the company an “outperform” rating in a research note on Wednesday, July 31st. Four analysts have rated the stock with a hold rating and nine have given a buy rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $149.67.

Xylem Stock Up 0.1 %

Xylem stock opened at $134.20 on Wednesday. The company has a fifty day simple moving average of $132.59 and a 200 day simple moving average of $134.76. The company has a current ratio of 1.85, a quick ratio of 1.33 and a debt-to-equity ratio of 0.19. Xylem Inc. has a 1-year low of $87.59 and a 1-year high of $146.08. The company has a market cap of $32.54 billion, a P/E ratio of 47.76, a price-to-earnings-growth ratio of 2.35 and a beta of 1.04.

Xylem (NYSE:XYL) last released its earnings results on Tuesday, July 30th. The industrial products company reported $1.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.05 by $0.04. Xylem had a return on equity of 9.48% and a net margin of 9.11%. The business had revenue of $2.17 billion for the quarter, compared to the consensus estimate of $2.14 billion. During the same quarter in the previous year, the business earned $0.98 earnings per share. Xylem’s quarterly revenue was up 26.0% on a year-over-year basis. Research analysts anticipate that Xylem Inc. will post 4.26 earnings per share for the current fiscal year.

Xylem Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, September 26th. Investors of record on Thursday, August 29th were issued a dividend of $0.36 per share. The ex-dividend date of this dividend was Thursday, August 29th. This represents a $1.44 dividend on an annualized basis and a yield of 1.07%. Xylem’s payout ratio is 51.25%.

Xylem Company 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.