 Advisory Alpha LLC cut its holdings in shares of  Xylem Inc. (NYSE:XYL – Free Report) by 13.3% during the second quarter, HoldingsChannel.com reports. The firm owned 1,552 shares of the industrial products company’s stock after selling 239 shares during the quarter. Advisory Alpha LLC’s holdings in Xylem were worth $201,000 at the end of the most recent quarter.
Advisory Alpha LLC cut its holdings in shares of  Xylem Inc. (NYSE:XYL – Free Report) by 13.3% during the second quarter, HoldingsChannel.com reports. The firm owned 1,552 shares of the industrial products company’s stock after selling 239 shares during the quarter. Advisory Alpha LLC’s holdings in Xylem were worth $201,000 at the end of the most recent quarter. 
A number of other large investors also recently added to or reduced their stakes in XYL. Price T Rowe Associates Inc. MD lifted its position in Xylem by 689.5% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 3,708,963 shares of the industrial products company’s stock valued at $443,074,000 after purchasing an additional 3,239,203 shares during the period. Nuveen LLC acquired a new position in Xylem during the 1st quarter valued at about $99,726,000. OVERSEA CHINESE BANKING Corp Ltd lifted its position in Xylem by 390.5% during the 1st quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 1,021,337 shares of the industrial products company’s stock valued at $122,009,000 after purchasing an additional 813,100 shares during the period. Swedbank AB lifted its position in Xylem by 13.9% during the 2nd quarter. Swedbank AB now owns 4,366,932 shares of the industrial products company’s stock valued at $564,906,000 after purchasing an additional 531,890 shares during the period. Finally, JPMorgan Chase & Co. lifted its position in Xylem by 46.8% during the 1st quarter. JPMorgan Chase & Co. now owns 1,363,453 shares of the industrial products company’s stock valued at $162,878,000 after purchasing an additional 434,614 shares during the period. 87.96% of the stock is currently owned by institutional investors and hedge funds.
Xylem Stock Performance
Shares of XYL stock opened at $151.52 on Friday. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.43 and a current ratio of 1.96. The company has a market capitalization of $36.89 billion, a P/E ratio of 38.95, a price-to-earnings-growth ratio of 2.50 and a beta of 1.13. The company’s 50 day moving average price is $144.59 and its two-hundred day moving average price is $133.92. Xylem Inc. has a 52 week low of $100.47 and a 52 week high of $154.27.
Xylem Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Thursday, September 25th. Shareholders of record on Thursday, August 28th were issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 1.1%. The ex-dividend date was Thursday, August 28th. Xylem’s dividend payout ratio (DPR) is 41.13%.
Analyst Ratings Changes
Several equities analysts have recently issued reports on XYL shares. Barclays boosted their target price on Xylem from $165.00 to $172.00 and gave the stock an “overweight” rating in a research report on Wednesday. Weiss Ratings reiterated a “buy (b)” rating on shares of Xylem in a research report on Wednesday, October 8th. Stifel Nicolaus increased their price target on shares of Xylem from $175.00 to $178.00 and gave the company a “buy” rating in a research report on Wednesday. Zacks Research upgraded shares of Xylem from a “hold” rating to a “strong-buy” rating in a research report on Monday, September 22nd. Finally, Cowen reiterated a “hold” rating on shares of Xylem in a research report on Tuesday, August 26th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and five have given a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $166.20.
Read Our Latest Stock Analysis on Xylem
Insider Buying and Selling
In other Xylem news, CAO Geri-Michelle Mcshane sold 1,000 shares of the firm’s stock in a transaction that occurred on Friday, September 5th. The shares were sold at an average price of $139.96, for a total transaction of $139,960.00. Following the sale, the chief accounting officer directly owned 2,957 shares in the company, valued at approximately $413,861.72. This trade represents a 25.27% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 0.27% of the company’s stock.
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.
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