Xylem Inc (NYSE:XYL) Director Steven R. Loranger sold 196 shares of the company’s stock in a transaction that occurred on Monday, December 11th. The shares were sold at an average price of $68.23, for a total value of $13,373.08. Following the completion of the sale, the director now directly owns 21,327 shares in the company, valued at approximately $1,455,141.21. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

Xylem Inc (XYL) traded down $0.05 during mid-day trading on Wednesday, hitting $67.49. The stock had a trading volume of 979,617 shares, compared to its average volume of 1,198,161. The firm has a market cap of $12,130.00, a P/E ratio of 29.38, a price-to-earnings-growth ratio of 1.88 and a beta of 1.17. The company has a current ratio of 1.76, a quick ratio of 1.26 and a debt-to-equity ratio of 0.88. Xylem Inc has a 1-year low of $46.67 and a 1-year high of $69.88.

Xylem (NYSE:XYL) last released its quarterly earnings data on Tuesday, October 31st. The industrial products company reported $0.65 EPS for the quarter, topping analysts’ consensus estimates of $0.64 by $0.01. The business had revenue of $1.20 billion during the quarter, compared to the consensus estimate of $1.18 billion. Xylem had a return on equity of 17.74% and a net margin of 6.85%. The business’s revenue for the quarter was up 33.2% on a year-over-year basis. During the same period in the prior year, the firm posted $0.54 EPS. equities analysts forecast that Xylem Inc will post 2.39 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 6th. Stockholders of record on Thursday, November 2nd were issued a dividend of $0.18 per share. The ex-dividend date of this dividend was Wednesday, November 1st. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.07%. Xylem’s payout ratio is 41.86%.

Hedge funds have recently added to or reduced their stakes in the company. Invictus RG acquired a new stake in shares of Xylem during the 3rd quarter worth $104,000. Harfst & Associates Inc. increased its holdings in Xylem by 26.1% in the 2nd quarter. Harfst & Associates Inc. now owns 2,433 shares of the industrial products company’s stock valued at $134,000 after purchasing an additional 503 shares in the last quarter. Tower Research Capital LLC TRC acquired a new stake in Xylem in the 2nd quarter valued at $168,000. FNY Partners Fund LP increased its holdings in Xylem by 2,700.0% in the 3rd quarter. FNY Partners Fund LP now owns 2,800 shares of the industrial products company’s stock valued at $175,000 after purchasing an additional 2,700 shares in the last quarter. Finally, Federated Investors Inc. PA increased its holdings in Xylem by 5.8% in the 2nd quarter. Federated Investors Inc. PA now owns 3,286 shares of the industrial products company’s stock valued at $182,000 after purchasing an additional 181 shares in the last quarter. Institutional investors and hedge funds own 85.57% of the company’s stock.

A number of equities research analysts recently issued reports on the company. Canaccord Genuity reaffirmed a “hold” rating and issued a $65.00 target price on shares of Xylem in a research note on Monday. Zacks Investment Research downgraded Xylem from a “buy” rating to a “hold” rating in a report on Wednesday, December 6th. Seaport Global Securities reiterated a “buy” rating on shares of Xylem in a report on Wednesday, November 1st. Oppenheimer boosted their price target on Xylem from $66.00 to $75.00 and gave the company an “outperform” rating in a report on Wednesday, November 1st. Finally, BMO Capital Markets boosted their price target on Xylem from $74.00 to $76.00 and gave the company an “outperform” rating in a report on Wednesday, November 1st. Seven investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus price target of $65.17.

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Xylem Company Profile

Xylem Inc is a water technology company. The Company designs, manufactures and services engineered solutions across a range of critical applications. It is an equipment and service provider for water and wastewater applications with a portfolio of products and services addressing the cycle of water, from collection, distribution and use to the return of water to the environment.

Insider Buying and Selling by Quarter for Xylem (NYSE:XYL)

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