S.E.E.D. Planning Group LLC Reduces Position in Xylem Inc. (NYSE:XYL)

S.E.E.D. Planning Group LLC trimmed its holdings in shares of Xylem Inc. (NYSE:XYL) by 1.5% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 9,807 shares of the industrial products company’s stock after selling 152 shares during the quarter. S.E.E.D. Planning Group LLC’s holdings in Xylem were worth $1,267,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of the company. AtonRa Partners grew its stake in Xylem by 2.3% in the fourth quarter. AtonRa Partners now owns 4,001 shares of the industrial products company’s stock worth $458,000 after purchasing an additional 91 shares in the last quarter. Brown Advisory Inc. boosted its position in Xylem by 1.1% during the 4th quarter. Brown Advisory Inc. now owns 8,203 shares of the industrial products company’s stock worth $938,000 after acquiring an additional 92 shares during the period. FFT Wealth Management LLC boosted its stake in shares of Xylem by 4.1% during the 4th quarter. FFT Wealth Management LLC now owns 2,368 shares of the industrial products company’s stock valued at $271,000 after buying an additional 93 shares during the period. Patten Group Inc. raised its holdings in shares of Xylem by 0.3% during the 4th quarter. Patten Group Inc. now owns 31,112 shares of the industrial products company’s stock valued at $3,558,000 after purchasing an additional 99 shares in the last quarter. Finally, Whittier Trust Co. of Nevada Inc. raised its holdings in Xylem by 4.6% in the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 2,238 shares of the industrial products company’s stock worth $256,000 after acquiring an additional 99 shares during the period. 87.96% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Xylem

In other news, SVP Rodney Aulick sold 21,800 shares of the company’s stock in a transaction that occurred on Wednesday, June 5th. The shares were sold at an average price of $139.01, for a total transaction of $3,030,418.00. Following the completion of the sale, the senior vice president now owns 76,287 shares of the company’s stock, valued at approximately $10,604,655.87. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In related news, SVP Rodney Aulick sold 21,800 shares of the stock in a transaction on Wednesday, June 5th. The shares were sold at an average price of $139.01, for a total transaction of $3,030,418.00. Following the transaction, the senior vice president now directly owns 76,287 shares of the company’s stock, valued at $10,604,655.87. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CAO Geri-Michelle Mcshane sold 2,278 shares of the firm’s stock in a transaction dated Monday, June 10th. The shares were sold at an average price of $138.63, for a total transaction of $315,799.14. Following the transaction, the chief accounting officer now directly owns 3,536 shares in the company, valued at $490,195.68. The disclosure for this sale can be found here. 0.27% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on the stock. Argus boosted their price target on shares of Xylem from $146.00 to $165.00 and gave the company a “buy” rating in a research report on Wednesday, May 29th. Citigroup raised their price target on shares of Xylem from $126.00 to $139.00 and gave the stock a “neutral” rating in a research report on Monday, April 8th. Mizuho raised their price target on shares of Xylem from $110.00 to $135.00 and gave the stock a “neutral” rating in a report on Friday, May 3rd. Royal Bank of Canada boosted their price target on shares of Xylem from $157.00 to $162.00 and gave the stock an “outperform” rating in a report on Friday, May 3rd. Finally, Oppenheimer increased their price objective on Xylem from $147.00 to $152.00 and gave the company an “outperform” rating in a research note on Friday, May 31st. Five analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $142.92.

Xylem Stock Down 0.6 %

Shares of NYSE XYL traded down $0.76 during mid-day trading on Friday, reaching $135.63. The company had a trading volume of 2,197,606 shares, compared to its average volume of 1,161,525. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.22 and a current ratio of 1.67. Xylem Inc. has a twelve month low of $87.59 and a twelve month high of $146.08. The stock’s 50 day moving average is $138.73 and its 200-day moving average is $126.88. The stock has a market capitalization of $32.88 billion, a PE ratio of 48.27, a price-to-earnings-growth ratio of 2.41 and a beta of 1.07.

Xylem (NYSE:XYL) last issued its quarterly earnings results on Thursday, May 2nd. The industrial products company reported $0.90 earnings per share for the quarter, beating analysts’ consensus estimates of $0.84 by $0.06. The business had revenue of $2.03 billion during the quarter, compared to analyst estimates of $2 billion. Xylem had a net margin of 8.34% and a return on equity of 8.95%. Xylem’s revenue for the quarter was up 40.4% compared to the same quarter last year. During the same quarter last year, the business posted $0.72 earnings per share. As a group, equities analysts anticipate that Xylem Inc. will post 4.25 earnings per share for the current fiscal year.

Xylem Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, June 27th. Investors of record on Thursday, May 30th were paid a $0.36 dividend. The ex-dividend date was Thursday, May 30th. This represents a $1.44 dividend on an annualized basis and a yield of 1.06%. Xylem’s dividend payout ratio (DPR) is currently 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.