Xylem Inc. (NYSE:XYL) Shares Sold by Clarius Group LLC

Clarius Group LLC lessened its position in Xylem Inc. (NYSE:XYL) by 7.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 2,356 shares of the industrial products company’s stock after selling 184 shares during the quarter. Clarius Group LLC’s holdings in Xylem were worth $269,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of XYL. ING Groep NV purchased a new stake in Xylem during the third quarter worth about $2,752,000. Meiji Yasuda Asset Management Co Ltd. lifted its holdings in Xylem by 6.6% during the 3rd quarter. Meiji Yasuda Asset Management Co Ltd. now owns 39,266 shares of the industrial products company’s stock worth $3,574,000 after buying an additional 2,438 shares in the last quarter. SG Americas Securities LLC boosted its position in Xylem by 351.2% in the 4th quarter. SG Americas Securities LLC now owns 101,408 shares of the industrial products company’s stock valued at $11,597,000 after buying an additional 78,934 shares during the period. Mariner LLC grew its stake in shares of Xylem by 10.3% in the third quarter. Mariner LLC now owns 75,036 shares of the industrial products company’s stock worth $6,831,000 after acquiring an additional 7,006 shares in the last quarter. Finally, Cambridge Trust Co. increased its position in shares of Xylem by 3.0% during the third quarter. Cambridge Trust Co. now owns 156,815 shares of the industrial products company’s stock worth $14,275,000 after acquiring an additional 4,621 shares during the period. Hedge funds and other institutional investors own 87.96% of the company’s stock.

Insider Buying and Selling

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

Wall Street Analysts Forecast Growth

Several research analysts recently commented on XYL shares. Citigroup boosted their target price on Xylem from $126.00 to $139.00 and gave the stock a “neutral” rating in a research note on Monday, April 8th. Robert W. Baird upped their target price on shares of Xylem from $141.00 to $148.00 and gave the stock an “outperform” rating in a research note on Thursday, March 21st. Raymond James upgraded shares of Xylem from an “underperform” rating to a “market perform” rating in a research note on Thursday, January 4th. Royal Bank of Canada increased their price objective on shares of Xylem from $140.00 to $145.00 and gave the company an “outperform” rating in a research report on Wednesday, February 7th. Finally, Stifel Nicolaus lifted their price objective 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 equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat.com, Xylem presently has a consensus rating of “Moderate Buy” and a consensus price target of $135.44.

Xylem Price Performance

Shares of XYL opened at $128.11 on Monday. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.76 and a quick ratio of 1.30. Xylem Inc. has a 1-year low of $87.59 and a 1-year high of $130.86. The stock has a market cap of $31.05 billion, a PE ratio of 47.10, a price-to-earnings-growth ratio of 2.55 and a beta of 1.10. The firm has a fifty day moving average price of $126.36 and a 200 day moving average price of $111.39.

Xylem (NYSE:XYL) last released its quarterly earnings results on Tuesday, February 6th. The industrial products company reported $0.99 EPS for the quarter, beating the consensus estimate of $0.96 by $0.03. Xylem had a net margin of 8.27% and a return on equity of 9.65%. The firm had revenue of $2.12 billion during the quarter, compared to the consensus estimate of $2.05 billion. During the same quarter in the prior year, the firm earned $0.92 EPS. Xylem’s revenue for the quarter was up 40.6% on a year-over-year basis. As a group, sell-side analysts anticipate that Xylem Inc. will post 4.13 EPS for the current year.

Xylem Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, March 20th. Investors of record on Wednesday, February 21st were issued a dividend of $0.36 per share. The ex-dividend date of this dividend was Tuesday, February 20th. This is an increase from Xylem’s previous quarterly dividend of $0.33. This represents a $1.44 annualized dividend and a dividend yield of 1.12%. Xylem’s dividend payout ratio (DPR) is currently 52.94%.

About Xylem

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.