First American Trust FSB Increases Stock Holdings in Xylem Inc. (NYSE:XYL)

First American Trust FSB lifted its position in shares of Xylem Inc. (NYSE:XYL) by 1.5% during the fourth quarter, Holdings Channel reports. The firm owned 42,841 shares of the industrial products company’s stock after acquiring an additional 628 shares during the quarter. First American Trust FSB’s holdings in Xylem were worth $4,970,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in XYL. Lee Danner & Bass Inc. purchased a new position in Xylem in the 4th quarter valued at $30,000. Rialto Wealth Management LLC acquired a new stake in shares of Xylem during the 4th quarter valued at approximately $31,000. Heck Capital Advisors LLC acquired a new stake in Xylem in the fourth quarter valued at $36,000. Pathway Financial Advisers LLC grew its stake in 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. Finally, SRS Capital Advisors Inc. increased its stake in shares of Xylem by 69.5% during the 4th quarter. SRS Capital Advisors Inc. now owns 317 shares of the industrial products company’s stock worth $37,000 after purchasing an additional 130 shares in the last quarter. Hedge funds and other institutional investors own 87.96% of the company’s stock.

Xylem Stock Performance

XYL stock opened at $120.96 on Tuesday. The stock has a market cap of $29.40 billion, a P/E ratio of 33.05, a P/E/G ratio of 2.33 and a beta of 1.08. Xylem Inc. has a 52 week low of $113.26 and a 52 week high of $146.08. 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 firm has a 50 day simple moving average of $125.34 and a 200 day simple moving average of $126.05.

Xylem (NYSE:XYL) last posted its earnings results on Tuesday, February 4th. The industrial products company reported $1.18 earnings per share for the quarter, topping the consensus estimate of $1.12 by $0.06. Xylem had a return on equity of 9.96% and a net margin of 10.40%. The firm had revenue of $2.30 billion during the quarter, compared to analyst estimates of $2.18 billion. During the same period in the previous year, the company earned $0.99 EPS. The company’s revenue for the quarter was up 8.6% on a year-over-year basis. Research analysts anticipate that Xylem Inc. will post 4.65 earnings per share for the current fiscal year.

Xylem Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 19th. Stockholders of record on Tuesday, February 18th were issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 1.32%. The ex-dividend date of this dividend was Tuesday, February 18th. This is a positive change from Xylem’s previous quarterly dividend of $0.36. Xylem’s dividend payout ratio (DPR) is presently 43.72%.

Analyst Upgrades and Downgrades

XYL has been the subject of a number of recent research reports. Wolfe Research reiterated a “peer perform” rating on shares of Xylem in a report on Thursday, December 12th. Citigroup cut Xylem from a “strong-buy” rating to a “hold” rating in a report on Wednesday, February 5th. Robert W. Baird increased their price target on Xylem from $139.00 to $148.00 and gave the company an “outperform” rating in a report on Wednesday, February 5th. Finally, Stifel Nicolaus dropped their price objective on shares of Xylem from $166.00 to $150.00 and set a “buy” rating on the stock in a research note on Friday, January 24th. Four equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $149.89.

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.