Xylem Inc. (NYSE:XYL) Shares Acquired by Compagnie Lombard Odier SCmA

Compagnie Lombard Odier SCmA grew its position in Xylem Inc. (NYSE:XYL) by 50.9% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 780 shares of the industrial products company’s stock after acquiring an additional 263 shares during the quarter. Compagnie Lombard Odier SCmA’s holdings in Xylem were worth $89,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of the stock. BlackRock Inc. lifted its holdings in shares of Xylem by 21.3% during the second quarter. BlackRock Inc. now owns 25,741,159 shares of the industrial products company’s stock worth $2,898,969,000 after purchasing an additional 4,521,913 shares during the period. Vanguard Group Inc. raised its position in Xylem by 7.6% in the first quarter. Vanguard Group Inc. now owns 20,390,911 shares of the industrial products company’s stock worth $1,738,529,000 after acquiring an additional 1,435,798 shares in the last quarter. State Street Corp raised its position in Xylem by 28.3% in the second quarter. State Street Corp now owns 9,868,835 shares of the industrial products company’s stock worth $1,111,428,000 after acquiring an additional 2,176,790 shares in the last quarter. Morgan Stanley raised its position in Xylem by 11.5% in the third quarter. Morgan Stanley now owns 4,528,905 shares of the industrial products company’s stock worth $412,267,000 after acquiring an additional 466,911 shares in the last quarter. Finally, Invesco Ltd. raised its position in Xylem by 35.1% in the third quarter. Invesco Ltd. now owns 4,182,821 shares of the industrial products company’s stock worth $380,762,000 after acquiring an additional 1,086,102 shares in the last quarter. 87.96% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research analysts have issued reports on the company. Wolfe Research assumed coverage on Xylem in a research report on Wednesday, December 13th. They issued an “outperform” rating and a $127.00 price objective for the company. Raymond James upgraded Xylem from an “underperform” rating to a “market perform” rating in a research report on Thursday, January 4th. Citigroup increased their price objective on Xylem from $122.00 to $126.00 and gave the stock a “neutral” rating in a research report on Wednesday, February 7th. BNP Paribas began coverage on Xylem in a research report on Tuesday, March 12th. They issued an “outperform” rating and a $150.00 price target for the company. Finally, Stifel Nicolaus raised their price target on Xylem from $136.00 to $150.00 and gave the company a “buy” rating in a research report on Wednesday, February 7th. Four equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $134.00.

Insiders Place Their Bets

In other Xylem news, SVP Franz Cerwinka sold 2,408 shares of the firm’s stock in a transaction dated Thursday, February 8th. The stock was sold at an average price of $121.79, for a total value of $293,270.32. Following the sale, the senior vice president now directly owns 11,750 shares of the company’s stock, valued at approximately $1,431,032.50. The sale was disclosed in a filing with the SEC, which can be accessed through this link. In other Xylem news, CAO Geri-Michelle Mcshane sold 1,000 shares of the firm’s stock in a transaction dated Tuesday, February 20th. The stock was sold at an average price of $122.89, for a total value of $122,890.00. Following the sale, the chief accounting officer now directly owns 2,935 shares of the company’s stock, valued at approximately $360,682.15. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, SVP Franz Cerwinka sold 2,408 shares of the firm’s stock in a transaction dated Thursday, February 8th. The stock was sold at an average price of $121.79, for a total value of $293,270.32. Following the completion of the sale, the senior vice president now directly owns 11,750 shares in the company, valued at $1,431,032.50. The disclosure for this sale can be found here. 0.90% of the stock is owned by corporate insiders.

Xylem Trading Down 1.1 %

Xylem stock opened at $127.76 on Tuesday. The stock has a market cap of $30.89 billion, a PE ratio of 46.97, a P/E/G ratio of 2.62 and a beta of 1.11. The stock has a 50-day moving average price of $121.95 and a 200 day moving average price of $107.96. Xylem Inc. has a 52 week low of $87.59 and a 52 week high of $130.86. The company has a current ratio of 1.76, a quick ratio of 1.30 and a debt-to-equity ratio of 0.22.

Xylem (NYSE:XYL) last posted its quarterly earnings data on Tuesday, February 6th. The industrial products company reported $0.99 EPS for the quarter, topping analysts’ consensus estimates of $0.96 by $0.03. The firm had revenue of $2.12 billion during the quarter, compared to analysts’ expectations of $2.05 billion. Xylem had a return on equity of 9.65% and a net margin of 8.27%. The firm’s quarterly revenue was up 40.6% compared to the same quarter last year. During the same quarter last year, the business posted $0.92 EPS. Equities research analysts predict that Xylem Inc. will post 4.13 earnings per share for the current fiscal year.

Xylem Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 20th. Shareholders of record on Wednesday, February 21st were paid a $0.36 dividend. This represents a $1.44 dividend on an annualized basis and a yield of 1.13%. This is a positive change from Xylem’s previous quarterly dividend of $0.33. The ex-dividend date of this dividend was Tuesday, February 20th. Xylem’s dividend payout ratio (DPR) is presently 52.94%.

About Xylem

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.