1,256 Shares in Xylem Inc. (NYSE:XYL) Purchased by GAMMA Investing LLC

GAMMA Investing LLC bought a new position in Xylem Inc. (NYSE:XYL) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 1,256 shares of the industrial products company’s stock, valued at approximately $141,000.

Several other large investors also recently modified their holdings of XYL. Invesco Ltd. boosted its position in Xylem by 35.1% during the 3rd quarter. Invesco Ltd. now owns 4,182,821 shares of the industrial products company’s stock valued at $380,762,000 after acquiring an additional 1,086,102 shares in the last quarter. American Century Companies Inc. boosted its position in Xylem by 66.8% during the 3rd quarter. American Century Companies Inc. now owns 2,159,710 shares of the industrial products company’s stock valued at $196,598,000 after acquiring an additional 864,711 shares in the last quarter. Ceredex Value Advisors LLC bought a new stake in Xylem during the 3rd quarter valued at approximately $68,283,000. AEGON ASSET MANAGEMENT UK Plc bought a new stake in Xylem during the 4th quarter valued at approximately $74,297,000. Finally, Morgan Stanley boosted its position in Xylem by 11.5% during the 3rd quarter. Morgan Stanley now owns 4,528,905 shares of the industrial products company’s stock valued at $412,267,000 after acquiring an additional 466,911 shares in the last quarter. 87.96% of the stock is owned by institutional investors.

Insider Buying and Selling at Xylem

In other Xylem news, SVP Franz Cerwinka sold 2,408 shares of the business’s stock in a transaction on Thursday, February 8th. The shares were sold at an average price of $121.79, for a total transaction of $293,270.32. Following the completion of the sale, the senior vice president now directly owns 11,750 shares in the company, valued at approximately $1,431,032.50. The sale was disclosed in a document filed with the SEC, which is available through this link. In other news, SVP Franz Cerwinka sold 2,408 shares of the business’s stock in a transaction on Thursday, February 8th. The shares were sold at an average price of $121.79, for a total transaction of $293,270.32. Following the completion of the sale, the senior vice president now owns 11,750 shares of the company’s stock, valued at approximately $1,431,032.50. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CAO Geri-Michelle Mcshane sold 1,000 shares of the business’s stock in a transaction on Tuesday, February 20th. The shares were sold at an average price of $122.89, for a total transaction of $122,890.00. Following the sale, the chief accounting officer now directly owns 2,935 shares of the company’s stock, valued at approximately $360,682.15. The disclosure for this sale can be found here. Company insiders own 0.27% of the company’s stock.

Xylem Price Performance

Shares of NYSE XYL opened at $132.40 on Friday. Xylem Inc. has a twelve month low of $87.59 and a twelve month high of $132.65. The firm has a market cap of $32.09 billion, a P/E ratio of 48.68, a PEG ratio of 2.64 and a beta of 1.10. The company has a 50 day moving average of $127.73 and a 200 day moving average of $113.90. 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 (NYSE:XYL) last announced its quarterly earnings data on Tuesday, February 6th. The industrial products company reported $0.99 earnings per share for the quarter, topping 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 company had revenue of $2.12 billion during the quarter, compared to analyst estimates of $2.05 billion. During the same period in the previous year, the business earned $0.92 EPS. The firm’s revenue for the quarter was up 40.6% on a year-over-year basis. As a group, research analysts expect that Xylem Inc. will post 4.13 EPS for the current fiscal year.

Xylem Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, March 20th. Shareholders of record on Wednesday, February 21st were paid a dividend of $0.36 per share. The ex-dividend date was Tuesday, February 20th. This is a positive change from Xylem’s previous quarterly dividend of $0.33. This represents a $1.44 dividend on an annualized basis and a yield of 1.09%. Xylem’s payout ratio is currently 52.94%.

Analyst Upgrades and Downgrades

Several analysts have weighed in on XYL shares. Robert W. Baird lifted their price objective on Xylem from $141.00 to $148.00 and gave the company an “outperform” rating in a research report on Thursday, March 21st. Stifel Nicolaus boosted their price target on Xylem from $136.00 to $150.00 and gave the stock a “buy” rating in a research report on Wednesday, February 7th. BNP Paribas initiated coverage on Xylem in a research report on Tuesday, March 12th. They issued an “outperform” rating and a $150.00 price target on the stock. Citigroup boosted their price target on Xylem from $126.00 to $139.00 and gave the stock a “neutral” rating in a research report on Monday, April 8th. Finally, Royal Bank of Canada boosted their price target on Xylem from $140.00 to $145.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 7th. Four analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $138.11.

Xylem Company Profile

Xylem Inc, together with its subsidiaries, engages in the design, manufacture, and servicing of engineered products and solutions worldwide. It operates through four segments: Water Infrastructure, Applied Water, Measurement & Control Solutions, and Integrated Solutions and Services. The Water Infrastructure segment offers products, including water, storm water, and wastewater pumps; controls and systems; filtration, disinfection, and biological treatment equipment; and mobile dewatering equipment and rental services under the ADI, Flygt, Godwin, Sanitaire, Magneto, Neptune Benson, Ionpure, Leopold, Wedeco, and Xylem Vue brands.