Kampmann Melissa S. Has $629,000 Stock Position in Xylem Inc. (NYSE:XYL)

Kampmann Melissa S. lowered its stake in Xylem Inc. (NYSE:XYL) by 11.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 5,420 shares of the industrial products company’s stock after selling 690 shares during the quarter. Kampmann Melissa S.’s holdings in Xylem were worth $629,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of XYL. Impax Asset Management Group plc increased its position in shares of Xylem by 231.5% in the fourth quarter. Impax Asset Management Group plc now owns 5,561,661 shares of the industrial products company’s stock valued at $644,039,000 after acquiring an additional 3,883,845 shares during the last quarter. AMF Tjanstepension AB acquired a new position in Xylem during the fourth quarter worth approximately $96,658,000. Victory Capital Management Inc. increased its position in Xylem by 42.9% during the fourth quarter. Victory Capital Management Inc. now owns 2,326,024 shares of the industrial products company’s stock worth $269,865,000 after buying an additional 698,745 shares during the last quarter. Swedbank AB increased its position in Xylem by 23.1% during the fourth quarter. Swedbank AB now owns 3,683,201 shares of the industrial products company’s stock worth $427,325,000 after buying an additional 691,618 shares during the last quarter. Finally, Erste Asset Management GmbH acquired a new position in Xylem during the third quarter worth approximately $68,593,000. Institutional investors and hedge funds own 87.96% of the company’s stock.

Xylem Trading Up 0.4 %

Shares of NYSE:XYL opened at $121.35 on Thursday. Xylem Inc. has a 12-month low of $113.26 and a 12-month high of $146.08. The stock has a market cap of $29.49 billion, a PE ratio of 33.16, a P/E/G ratio of 2.33 and a beta of 1.08. The business has a 50 day moving average of $125.07 and a 200-day moving average of $126.33. The company has a quick ratio of 1.33, a current ratio of 1.76 and a debt-to-equity ratio of 0.19.

Xylem (NYSE:XYL) last issued its quarterly earnings results on Tuesday, February 4th. The industrial products company reported $1.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.12 by $0.06. The business had revenue of $2.30 billion during the quarter, compared to analysts’ expectations of $2.18 billion. Xylem had a return on equity of 9.96% and a net margin of 10.40%. The firm’s revenue for the quarter was up 8.6% compared to the same quarter last year. During the same period in the previous year, the company posted $0.99 earnings per share. As a group, equities research analysts forecast that Xylem Inc. will post 4.65 earnings per share for the current year.

Xylem Increases Dividend

The business 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 is a boost from Xylem’s previous quarterly dividend of $0.36. This represents a $1.60 annualized dividend and a dividend yield of 1.32%. The ex-dividend date was Tuesday, February 18th. Xylem’s payout ratio is 43.72%.

Analysts Set New Price Targets

A number of brokerages have weighed in on XYL. Robert W. Baird boosted their price target on Xylem from $139.00 to $148.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 5th. Citigroup downgraded Xylem from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, February 5th. Wolfe Research reissued a “peer perform” rating on shares of Xylem in a research report on Thursday, December 12th. Finally, Stifel Nicolaus lowered their price target on Xylem from $166.00 to $150.00 and set a “buy” rating on the stock in a research report on Friday, January 24th. Four investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $149.89.

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.