Commonwealth of Pennsylvania Public School Empls Retrmt SYS Purchases 6,694 Shares of Xylem Inc. (NYSE:XYL)

Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its position in Xylem Inc. (NYSE:XYLFree Report) by 16.0% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 48,423 shares of the industrial products company’s stock after acquiring an additional 6,694 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Xylem were worth $4,408,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently made changes to their positions in the company. Financial Gravity Asset Management Inc. acquired a new position in shares of Xylem in the 2nd quarter valued at $63,000. Your Advocates Ltd. LLP purchased a new stake in Xylem in the second quarter valued at $34,000. Massmutual Trust Co. FSB ADV boosted its holdings in Xylem by 49.3% in the second quarter. Massmutual Trust Co. FSB ADV now owns 318 shares of the industrial products company’s stock valued at $36,000 after purchasing an additional 105 shares during the last quarter. Coppell Advisory Solutions LLC purchased a new stake in shares of Xylem during the 2nd quarter worth about $45,000. Finally, KB Financial Partners LLC purchased a new stake in shares of Xylem during the 1st quarter worth about $42,000. 84.53% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Xylem

In other Xylem news, CEO Patrick Decker sold 99,648 shares of the firm’s stock in a transaction that occurred on Tuesday, November 14th. The shares were sold at an average price of $100.84, for a total value of $10,048,504.32. Following the completion of the transaction, the chief executive officer now owns 287,564 shares of the company’s stock, valued at approximately $28,997,953.76. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In other news, Director Victoria D. Harker sold 2,000 shares of Xylem stock in a transaction on Friday, December 8th. The shares were sold at an average price of $106.50, for a total transaction of $213,000.00. Following the completion of the sale, the director now directly owns 20,679 shares of the company’s stock, valued at approximately $2,202,313.50. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Patrick Decker sold 99,648 shares of Xylem stock in a transaction on Tuesday, November 14th. The stock was sold at an average price of $100.84, for a total transaction of $10,048,504.32. Following the sale, the chief executive officer now directly owns 287,564 shares of the company’s stock, valued at $28,997,953.76. The disclosure for this sale can be found here. 0.90% of the stock is currently owned by corporate insiders.

Xylem Stock Up 1.6 %

Shares of NYSE XYL opened at $124.30 on Monday. The company has a 50 day simple moving average of $112.43 and a 200-day simple moving average of $102.97. The company has a market capitalization of $29.97 billion, a P/E ratio of 45.70, a P/E/G ratio of 2.52 and a beta of 1.09. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.76 and a quick ratio of 1.30. Xylem Inc. has a 1 year low of $87.59 and a 1 year high of $124.56.

Xylem (NYSE:XYLGet Free Report) last posted its earnings results on Tuesday, February 6th. The industrial products company reported $0.99 earnings per share for the quarter, beating the consensus estimate of $0.96 by $0.03. Xylem had a net margin of 8.27% and a return on equity of 9.65%. The firm had revenue of $2.12 billion during the quarter, compared to the consensus estimate of $2.05 billion. During the same quarter last year, the firm earned $0.92 EPS. The firm’s revenue for the quarter was up 40.6% on a year-over-year basis. On average, equities research analysts predict that Xylem Inc. will post 4.13 earnings per share for the current year.

Xylem Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, March 20th. Investors of record on Wednesday, February 21st will be issued a $0.36 dividend. This represents a $1.44 annualized dividend and a yield of 1.16%. The ex-dividend date is Tuesday, February 20th. This is an increase from Xylem’s previous quarterly dividend of $0.33. Xylem’s dividend payout ratio (DPR) is 48.53%.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on XYL. Oppenheimer raised shares of Xylem from a “market perform” rating to an “outperform” rating and set a $118.00 target price on the stock in a research note on Thursday, October 19th. Deutsche Bank Aktiengesellschaft raised shares of Xylem from a “hold” rating to a “buy” rating and increased their target price for the stock from $104.00 to $120.00 in a research note on Tuesday, November 21st. Citigroup increased their target price on shares of Xylem from $122.00 to $126.00 and gave the stock a “neutral” rating in a research note on Wednesday, February 7th. Stifel Nicolaus raised their price target on shares of Xylem from $136.00 to $150.00 and gave the company a “buy” rating in a research note on Wednesday, February 7th. Finally, Wolfe Research assumed coverage on shares of Xylem in a research note on Wednesday, December 13th. They issued an “outperform” rating and a $127.00 price target on the stock. Four investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat.com, Xylem currently has a consensus rating of “Moderate Buy” and an average target price of $129.22.

Read Our Latest Research Report on XYL

Xylem Profile

(Free Report)

Xylem Inc, together with its subsidiaries, engages in the design, manufacture, and servicing of engineered products and solutions for the water and wastewater applications in the United States, Europe, the Asia Pacific, and internationally. It operates through three segments: Water Infrastructure, Applied Water, and Measurement & Control Solutions.

Further Reading

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Institutional Ownership by Quarter for Xylem (NYSE:XYL)

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