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

Shares of Xylem Inc (NYSE:XYL) traded up $0.87 on Friday, hitting $67.57. The stock had a trading volume of 1,664,069 shares, compared to its average volume of 733,901. The firm has a market cap of $12,135.57, a P/E ratio of 29.51, a P/E/G ratio of 1.88 and a beta of 1.17. The company has a quick ratio of 1.26, a current ratio of 1.76 and a debt-to-equity ratio of 0.88. Xylem Inc has a fifty-two week low of $46.67 and a fifty-two week high of $69.88.

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

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 6th. Investors of record on Thursday, November 2nd were given a $0.18 dividend. This represents a $0.72 annualized dividend and a yield of 1.07%. The ex-dividend date of this dividend was Wednesday, November 1st. Xylem’s dividend payout ratio (DPR) is presently 41.86%.

XYL has been the topic of a number of recent research reports. Zacks Investment Research raised Xylem from a “hold” rating to a “buy” rating and set a $71.00 price objective on the stock in a report on Thursday, October 5th. Robert W. Baird reaffirmed a “hold” rating and set a $67.00 price objective on shares of Xylem in a report on Wednesday, October 4th. Cowen reaffirmed a “buy” rating and set a $70.00 price objective on shares of Xylem in a report on Thursday, September 21st. Oppenheimer reaffirmed a “buy” rating on shares of Xylem in a report on Tuesday, October 31st. Finally, Seaport Global Securities reaffirmed a “buy” rating on shares of Xylem in a report on Wednesday, November 1st. Seven equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus target price of $65.17.

A number of hedge funds have recently bought and sold shares of XYL. USS Investment Management Ltd bought a new position in Xylem in the 2nd quarter worth approximately $91,840,000. Janus Henderson Group PLC raised its position in shares of Xylem by 404.5% during the 2nd quarter. Janus Henderson Group PLC now owns 1,853,943 shares of the industrial products company’s stock valued at $102,758,000 after acquiring an additional 1,486,463 shares during the last quarter. Voya Investment Management LLC raised its position in shares of Xylem by 554.0% during the 2nd quarter. Voya Investment Management LLC now owns 1,242,748 shares of the industrial products company’s stock valued at $68,886,000 after acquiring an additional 1,052,719 shares during the last quarter. William Blair Investment Management LLC bought a new stake in shares of Xylem during the 2nd quarter valued at $48,151,000. Finally, State Street Corp raised its position in shares of Xylem by 11.5% during the 2nd quarter. State Street Corp now owns 8,360,506 shares of the industrial products company’s stock valued at $460,211,000 after acquiring an additional 861,484 shares during the last quarter. Hedge funds and other institutional investors own 85.57% of the company’s stock.

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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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