Gulf International Bank UK Ltd Buys 120 Shares of Xylem Inc. (NYSE:XYL)

Gulf International Bank UK Ltd increased its stake in Xylem Inc. (NYSE:XYL) by 0.6% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 20,648 shares of the industrial products company’s stock after purchasing an additional 120 shares during the quarter. Gulf International Bank UK Ltd’s holdings in Xylem were worth $2,668,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the company. AtonRa Partners lifted its position in shares of Xylem by 2.3% during the 4th quarter. AtonRa Partners now owns 4,001 shares of the industrial products company’s stock valued at $458,000 after buying an additional 91 shares during the last quarter. Brown Advisory Inc. boosted its position in Xylem by 1.1% during the fourth quarter. Brown Advisory Inc. now owns 8,203 shares of the industrial products company’s stock worth $938,000 after purchasing an additional 92 shares during the period. FFT Wealth Management LLC increased its stake in shares of Xylem by 4.1% in the fourth quarter. FFT Wealth Management LLC now owns 2,368 shares of the industrial products company’s stock worth $271,000 after purchasing an additional 93 shares in the last quarter. Patten Group Inc. raised its position in shares of Xylem by 0.3% in the fourth quarter. Patten Group Inc. now owns 31,112 shares of the industrial products company’s stock valued at $3,558,000 after purchasing an additional 99 shares during the period. Finally, Whittier Trust Co. of Nevada Inc. lifted its stake in shares of Xylem by 4.6% during the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 2,238 shares of the industrial products company’s stock valued at $256,000 after buying an additional 99 shares in the last quarter. Hedge funds and other institutional investors own 87.96% of the company’s stock.

Insider Activity at Xylem

In other Xylem news, SVP Rodney Aulick sold 21,800 shares of Xylem stock in a transaction dated Wednesday, June 5th. The shares were sold at an average price of $139.01, for a total value of $3,030,418.00. Following the completion of the transaction, the senior vice president now directly owns 76,287 shares of the company’s stock, valued at $10,604,655.87. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In related news, CAO Geri-Michelle Mcshane sold 2,278 shares of Xylem stock in a transaction on Monday, June 10th. The stock was sold at an average price of $138.63, for a total value of $315,799.14. Following the completion of the sale, the chief accounting officer now owns 3,536 shares of the company’s stock, valued at $490,195.68. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Rodney Aulick sold 21,800 shares of the business’s stock in a transaction dated Wednesday, June 5th. The shares were sold at an average price of $139.01, for a total value of $3,030,418.00. Following the sale, the senior vice president now owns 76,287 shares of the company’s stock, valued at $10,604,655.87. The disclosure for this sale can be found here. 0.27% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the stock. Mizuho boosted their target price on shares of Xylem from $110.00 to $135.00 and gave the company a “neutral” rating in a report on Friday, May 3rd. Robert W. Baird increased their price objective on Xylem from $151.00 to $155.00 and gave the stock an “outperform” rating in a report on Friday, May 3rd. Oppenheimer lifted their target price on Xylem from $147.00 to $152.00 and gave the company an “outperform” rating in a report on Friday, May 31st. TD Cowen increased their price target on shares of Xylem from $135.00 to $138.00 and gave the stock a “buy” rating in a report on Thursday, June 6th. Finally, BNP Paribas initiated coverage on shares of Xylem in a research report on Tuesday, March 12th. They issued an “outperform” rating and a $150.00 price objective for the company. Five equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $142.92.

Xylem Trading Down 0.4 %

Shares of XYL opened at $138.67 on Friday. The firm has a market cap of $33.62 billion, a price-to-earnings ratio of 49.35, a PEG ratio of 2.46 and a beta of 1.07. The firm has a 50 day moving average price of $137.79 and a 200-day moving average price of $125.96. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.22 and a current ratio of 1.67. Xylem Inc. has a fifty-two week low of $87.59 and a fifty-two week high of $146.08.

Xylem (NYSE:XYL) last released its quarterly earnings results on Thursday, May 2nd. The industrial products company reported $0.90 earnings per share for the quarter, beating the consensus estimate of $0.84 by $0.06. Xylem had a net margin of 8.34% and a return on equity of 8.95%. The business had revenue of $2.03 billion for the quarter, compared to analysts’ expectations of $2 billion. During the same quarter in the previous year, the business posted $0.72 earnings per share. The firm’s revenue for the quarter was up 40.4% compared to the same quarter last year. As a group, equities research analysts forecast that Xylem Inc. will post 4.25 earnings per share for the current year.

Xylem Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 27th. Shareholders of record on Thursday, May 30th will be issued a $0.36 dividend. This represents a $1.44 dividend on an annualized basis and a yield of 1.04%. The ex-dividend date of this dividend is Thursday, May 30th. Xylem’s dividend payout ratio (DPR) is presently 51.25%.

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.