Xylem Inc. (NYSE:XYL) Shares Bought by Sequoia Financial Advisors LLC

Sequoia Financial Advisors LLC increased its stake in shares of Xylem Inc. (NYSE:XYLFree Report) by 13.7% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,370 shares of the industrial products company’s stock after purchasing an additional 285 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in Xylem were worth $216,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Your Advocates Ltd. LLP purchased a new stake in shares of Xylem during the second quarter worth about $34,000. Massmutual Trust Co. FSB ADV boosted its position in Xylem by 49.3% during the second quarter. Massmutual Trust Co. FSB ADV now owns 318 shares of the industrial products company’s stock worth $36,000 after acquiring an additional 105 shares during the last quarter. NBC Securities Inc. purchased a new stake in Xylem in the 3rd quarter worth approximately $38,000. KB Financial Partners LLC acquired a new position in Xylem in the 1st quarter valued at $42,000. Finally, Coppell Advisory Solutions LLC purchased a new position in shares of Xylem during the 2nd quarter worth $45,000. Institutional investors and hedge funds own 84.53% of the company’s stock.

Xylem Trading Up 1.6 %

Shares of XYL stock opened at $124.30 on Monday. The company has a quick ratio of 1.30, a current ratio of 1.76 and a debt-to-equity ratio of 0.22. Xylem Inc. has a fifty-two week low of $87.59 and a fifty-two week high of $124.56. The firm’s 50 day moving average price is $112.43 and its two-hundred day moving average price is $102.97. The stock has a market cap of $29.97 billion, a price-to-earnings ratio of 45.70, a price-to-earnings-growth ratio of 2.52 and a beta of 1.09.

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

Xylem Increases Dividend

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

Insider Transactions at Xylem

In related news, CEO Patrick Decker sold 99,648 shares of the firm’s stock in a transaction dated 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 in the company, valued at approximately $28,997,953.76. The sale was disclosed in a document filed with the SEC, which is accessible through this link. In other news, Director Victoria D. Harker sold 2,000 shares of the firm’s stock in a transaction dated Friday, December 8th. The stock was 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 in the company, valued at $2,202,313.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Patrick Decker sold 99,648 shares of the business’s stock in a transaction dated Tuesday, November 14th. The stock was 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 in the company, valued at approximately $28,997,953.76. The disclosure for this sale can be found here. Company insiders own 0.90% of the company’s stock.

Wall Street Analysts Forecast Growth

XYL has been the subject of a number of recent analyst reports. Wolfe Research started coverage on Xylem in a research report on Wednesday, December 13th. They issued an “outperform” rating and a $127.00 price objective for the company. Citigroup lifted their price target on Xylem from $122.00 to $126.00 and gave the company a “neutral” rating in a report on Wednesday, February 7th. Deutsche Bank Aktiengesellschaft raised shares of Xylem from a “hold” rating to a “buy” rating and upped their price objective for the company from $104.00 to $120.00 in a research note on Tuesday, November 21st. Royal Bank of Canada raised their target price on shares of Xylem from $140.00 to $145.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 7th. Finally, Stifel Nicolaus upped their price target on shares of Xylem from $136.00 to $150.00 and gave the stock a “buy” rating in a research report on Wednesday, February 7th. Four investment analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $129.22.

Get Our Latest Research Report on Xylem

Xylem Company 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.

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Institutional Ownership by Quarter for Xylem (NYSE:XYL)

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