Achmea Investment Management B.V. increased its holdings in Xylem Inc (NYSE:XYL) by 2.1% during the 4th quarter, HoldingsChannel reports. The fund owned 60,305 shares of the industrial products company’s stock after acquiring an additional 1,222 shares during the quarter. Achmea Investment Management B.V.’s holdings in Xylem were worth $4,024,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in XYL. Baillie Gifford & Co. raised its stake in Xylem by 9.4% during the fourth quarter. Baillie Gifford & Co. now owns 140,336 shares of the industrial products company’s stock valued at $9,364,000 after buying an additional 12,016 shares in the last quarter. Geode Capital Management LLC raised its stake in Xylem by 6.3% during the fourth quarter. Geode Capital Management LLC now owns 2,270,489 shares of the industrial products company’s stock valued at $151,217,000 after buying an additional 134,307 shares in the last quarter. Kinneret Advisory LLC acquired a new stake in Xylem during the fourth quarter valued at approximately $485,000. Fort L.P. raised its stake in Xylem by 6.4% during the fourth quarter. Fort L.P. now owns 12,988 shares of the industrial products company’s stock valued at $867,000 after buying an additional 776 shares in the last quarter. Finally, Tortoise Index Solutions LLC raised its stake in Xylem by 13.8% during the fourth quarter. Tortoise Index Solutions LLC now owns 4,581 shares of the industrial products company’s stock valued at $306,000 after buying an additional 554 shares in the last quarter. Institutional investors and hedge funds own 85.09% of the company’s stock.

In related news, SVP Claudia S. Toussaint sold 8,215 shares of the stock in a transaction that occurred on Wednesday, March 6th. The stock was sold at an average price of $76.37, for a total value of $627,379.55. Following the completion of the transaction, the senior vice president now directly owns 59,008 shares of the company’s stock, valued at approximately $4,506,440.96. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Tomas Brannemo sold 559 shares of the stock in a transaction that occurred on Thursday, February 21st. The stock was sold at an average price of $74.44, for a total value of $41,611.96. Following the completion of the transaction, the insider now directly owns 10,568 shares of the company’s stock, valued at $786,681.92. The disclosure for this sale can be found here. Insiders sold a total of 46,921 shares of company stock valued at $3,358,557 over the last three months. Corporate insiders own 0.81% of the company’s stock.

Several brokerages have issued reports on XYL. Zacks Investment Research cut Xylem from a “buy” rating to a “hold” rating in a research note on Saturday, February 9th. Oppenheimer set a $80.00 price target on Xylem and gave the stock a “buy” rating in a research report on Monday, February 4th. Stifel Nicolaus upgraded Xylem from a “hold” rating to a “buy” rating and increased their price target for the stock from $72.00 to $75.00 in a research report on Wednesday, December 19th. ValuEngine cut Xylem from a “buy” rating to a “hold” rating in a research report on Monday, February 4th. Finally, BMO Capital Markets reiterated a “buy” rating and set a $85.00 price target on shares of Xylem in a research report on Monday, February 25th. One analyst has rated the stock with a sell rating, five have issued a hold rating and nine have assigned a buy rating to the company. Xylem presently has a consensus rating of “Buy” and a consensus price target of $78.36.

Shares of Xylem stock opened at $76.50 on Friday. The company has a debt-to-equity ratio of 0.74, a quick ratio of 1.08 and a current ratio of 1.51. The company has a market cap of $13.77 billion, a PE ratio of 26.56, a P/E/G ratio of 1.32 and a beta of 1.14. Xylem Inc has a twelve month low of $60.65 and a twelve month high of $82.44.

Xylem (NYSE:XYL) last announced its quarterly earnings results on Thursday, January 31st. The industrial products company reported $0.88 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.88. Xylem had a return on equity of 19.89% and a net margin of 10.54%. The business had revenue of $1.39 billion for the quarter, compared to analysts’ expectations of $1.36 billion. As a group, research analysts expect that Xylem Inc will post 3.32 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 14th. Investors of record on Thursday, February 14th were issued a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a yield of 1.25%. This is a positive change from Xylem’s previous quarterly dividend of $0.21. The ex-dividend date of this dividend was Wednesday, February 13th. Xylem’s dividend payout ratio is 33.33%.

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Xylem Profile

Xylem Inc engages in the design, manufacture, and servicing of engineered products and solutions for the water and wastewater applications. It operates in three segments: Water Infrastructure, Applied Water, and Measurement & Control Solutions. The Water Infrastructure segment offers various products, including water and wastewater pumps; controls and systems; filtration, disinfection, and biological treatment equipment; and mobile dewatering equipment under the Flygt, Godwin, Wedeco, Sanitaire, and Leopold names for the transportation and treatment of water.

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Institutional Ownership by Quarter for Xylem (NYSE:XYL)

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