Xylem Inc (NYSE:XYL) Director Steven R. Loranger sold 200 shares of the stock in a transaction that occurred on Wednesday, December 13th. The stock was sold at an average price of $68.02, for a total value of $13,604.00. Following the completion of the transaction, the director now owns 21,331 shares in the company, valued at approximately $1,450,934.62. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Xylem Inc (XYL) traded up $0.87 during mid-day trading on Friday, hitting $67.57. The stock had a trading volume of 1,664,069 shares, compared to its average volume of 733,901. Xylem Inc has a 52 week low of $46.67 and a 52 week high of $69.88. The company has a quick ratio of 1.26, a current ratio of 1.76 and a debt-to-equity ratio of 0.88. The company has a market capitalization of $12,135.57, a price-to-earnings ratio of 29.51, a PEG ratio of 1.88 and a beta of 1.17.

Xylem (NYSE:XYL) last posted its earnings results on Tuesday, October 31st. The industrial products company reported $0.65 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.64 by $0.01. Xylem had a return on equity of 17.74% and a net margin of 6.85%. The company had revenue of $1.20 billion for the quarter, compared to analyst estimates of $1.18 billion. During the same quarter last year, the company earned $0.54 earnings per share. The company’s revenue for the quarter was up 33.2% on a year-over-year basis. research analysts expect that Xylem Inc will post 2.39 EPS for the current year.

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

Several brokerages have issued reports on XYL. Boenning Scattergood reiterated a “buy” rating on shares of Xylem in a report on Friday. Zacks Investment Research lowered Xylem from a “buy” rating to a “hold” rating in a report on Wednesday, December 6th. Canaccord Genuity reiterated a “hold” rating and issued a $65.00 price target on shares of Xylem in a report on Monday, December 11th. Seaport Global Securities reiterated a “buy” rating on shares of Xylem in a report on Wednesday, November 1st. Finally, Cowen reiterated a “buy” rating and issued a $70.00 price target on shares of Xylem in a report on Thursday, September 21st. Seven investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $65.17.

Hedge funds have recently bought and sold shares of the company. Chilton Investment Co. LLC lifted its holdings in shares of Xylem by 83.8% in the second quarter. Chilton Investment Co. LLC now owns 983,214 shares of the industrial products company’s stock valued at $54,500,000 after purchasing an additional 448,212 shares in the last quarter. Clinton Group Inc. bought a new stake in Xylem during the second quarter worth $3,292,000. Swiss National Bank lifted its holdings in Xylem by 2.9% during the second quarter. Swiss National Bank now owns 653,822 shares of the industrial products company’s stock worth $36,241,000 after acquiring an additional 18,200 shares during the period. Ameriprise Financial Inc. lifted its holdings in Xylem by 17.0% during the second quarter. Ameriprise Financial Inc. now owns 2,727,985 shares of the industrial products company’s stock worth $151,210,000 after acquiring an additional 396,854 shares during the period. Finally, Aviva PLC lifted its holdings in Xylem by 1.2% during the second quarter. Aviva PLC now owns 112,110 shares of the industrial products company’s stock worth $6,214,000 after acquiring an additional 1,280 shares during the period. Institutional investors own 85.57% of the company’s stock.

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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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