Xylem Inc (XYL) Director Curtis J. Crawford Sells 7,948 Shares

Xylem Inc (NYSE:XYL) Director Curtis J. Crawford sold 7,948 shares of Xylem stock in a transaction dated Thursday, February 8th. The shares were sold at an average price of $71.77, for a total value of $570,427.96. Following the completion of the sale, the director now directly owns 55,245 shares in the company, valued at approximately $3,964,933.65. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

Xylem Inc (NYSE XYL) traded up $1.21 during trading hours on Monday, hitting $72.03. The company had a trading volume of 535,699 shares, compared to its average volume of 1,103,175. The company has a current ratio of 1.88, a quick ratio of 1.41 and a debt-to-equity ratio of 0.87. The firm has a market capitalization of $12,719.27, a P/E ratio of 39.28, a P/E/G ratio of 1.35 and a beta of 1.20. Xylem Inc has a twelve month low of $46.95 and a twelve month high of $76.81.

Xylem (NYSE:XYL) last released its earnings results on Thursday, February 1st. The industrial products company reported $0.76 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.76. The business had revenue of $1.28 billion for the quarter, compared to the consensus estimate of $1.27 billion. Xylem had a return on equity of 17.95% and a net margin of 7.03%. Xylem’s quarterly revenue was up 16.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.66 earnings per share. research analysts anticipate that Xylem Inc will post 2.91 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 15th. Investors of record on Thursday, February 15th will be given a $0.21 dividend. The ex-dividend date is Wednesday, February 14th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 1.17%. This is an increase from Xylem’s previous quarterly dividend of $0.18. Xylem’s payout ratio is currently 39.13%.

Several analysts have issued reports on the company. Canaccord Genuity reissued a “hold” rating and issued a $75.00 price target on shares of Xylem in a research note on Sunday, January 28th. Oppenheimer lifted their price target on Xylem from $66.00 to $75.00 and gave the company an “outperform” rating in a research note on Wednesday, November 1st. Zacks Investment Research downgraded Xylem from a “buy” rating to a “hold” rating in a research note on Monday, January 22nd. BMO Capital Markets reissued a “buy” rating and issued a $83.00 price target on shares of Xylem in a research note on Friday, January 26th. Finally, Royal Bank of Canada reissued a “buy” rating and issued a $80.00 price target on shares of Xylem in a research note on Thursday, January 4th. Five equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. Xylem presently has a consensus rating of “Buy” and a consensus target price of $70.08.

Several large investors have recently added to or reduced their stakes in the stock. Norinchukin Bank The increased its position in shares of Xylem by 7.4% in the fourth quarter. Norinchukin Bank The now owns 14,361 shares of the industrial products company’s stock valued at $979,000 after acquiring an additional 995 shares during the last quarter. American International Group Inc. increased its position in shares of Xylem by 12.8% in the fourth quarter. American International Group Inc. now owns 60,391 shares of the industrial products company’s stock valued at $4,119,000 after acquiring an additional 6,853 shares during the last quarter. Arrowstreet Capital Limited Partnership increased its position in shares of Xylem by 824.0% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 170,946 shares of the industrial products company’s stock valued at $11,659,000 after acquiring an additional 152,446 shares during the last quarter. Mariner Wealth Advisors LLC increased its position in shares of Xylem by 512.3% in the fourth quarter. Mariner Wealth Advisors LLC now owns 25,962 shares of the industrial products company’s stock valued at $1,771,000 after acquiring an additional 21,722 shares during the last quarter. Finally, UBS Asset Management Americas Inc. increased its position in shares of Xylem by 0.4% in the fourth quarter. UBS Asset Management Americas Inc. now owns 543,329 shares of the industrial products company’s stock valued at $37,055,000 after acquiring an additional 1,945 shares during the last quarter. 85.07% of the stock is currently owned by institutional investors and hedge funds.

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About Xylem

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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