Public Employees Retirement Association of Colorado Sells 800 Shares of Xylem Inc. (NYSE:XYL)

Public Employees Retirement Association of Colorado decreased its position in shares of Xylem Inc. (NYSE:XYL) by 3.0% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 26,101 shares of the industrial products company’s stock after selling 800 shares during the period. Public Employees Retirement Association of Colorado’s holdings in Xylem were worth $3,373,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently bought and sold shares of XYL. FinTrust Capital Advisors LLC grew its stake in shares of Xylem by 170.9% during the first quarter. FinTrust Capital Advisors LLC now owns 317 shares of the industrial products company’s stock valued at $41,000 after purchasing an additional 200 shares during the last quarter. Hazlett Burt & Watson Inc. grew its stake in shares of Xylem by 184.9% during the first quarter. Hazlett Burt & Watson Inc. now owns 339 shares of the industrial products company’s stock worth $43,000 after purchasing an additional 220 shares during the period. Spire Wealth Management lifted its stake in Xylem by 370.9% in the fourth quarter. Spire Wealth Management now owns 485 shares of the industrial products company’s stock valued at $54,000 after buying an additional 382 shares during the period. Advantage Trust Co bought a new position in Xylem during the fourth quarter worth about $57,000. Finally, Gradient Investments LLC grew its position in shares of Xylem by 28.6% during the 4th quarter. Gradient Investments LLC now owns 576 shares of the industrial products company’s stock worth $66,000 after buying an additional 128 shares during the period. Institutional investors own 87.96% of the company’s stock.

Insider Transactions at Xylem

In other Xylem news, CAO Geri-Michelle Mcshane sold 2,278 shares of the firm’s stock in a transaction that occurred on Monday, June 10th. The shares were 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 directly owns 3,536 shares in the company, valued at $490,195.68. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. In other Xylem news, CAO Geri-Michelle Mcshane sold 2,278 shares of Xylem stock in a transaction on Monday, June 10th. The shares were sold at an average price of $138.63, for a total value of $315,799.14. Following the completion of the transaction, the chief accounting officer now owns 3,536 shares of the company’s stock, valued at $490,195.68. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Rodney Aulick sold 21,800 shares of the stock in a transaction dated Wednesday, June 5th. The shares were sold at an average price of $139.01, for a total transaction of $3,030,418.00. Following the completion of 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. Corporate insiders own 0.27% of the company’s stock.

Xylem Trading Up 0.9 %

Shares of Xylem stock opened at $142.87 on Tuesday. The company’s fifty day simple moving average is $138.47 and its 200-day simple moving average is $130.74. The stock has a market capitalization of $34.64 billion, a PE ratio of 50.37, a P/E/G ratio of 2.50 and a beta of 1.04. Xylem Inc. has a 1-year low of $87.59 and a 1-year high of $146.08. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.67 and a quick ratio of 1.22.

Xylem (NYSE:XYL) last released its quarterly earnings data on Thursday, May 2nd. The industrial products company reported $0.90 EPS for the quarter, beating the consensus estimate of $0.84 by $0.06. The business had revenue of $2.03 billion during the quarter, compared to the consensus estimate of $2 billion. Xylem had a net margin of 8.34% and a return on equity of 8.95%. The business’s revenue was up 40.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.72 EPS. As a group, equities analysts anticipate that Xylem Inc. will post 4.22 earnings per share for the current year.

Xylem Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, June 27th. Stockholders of record on Thursday, May 30th were given a dividend of $0.36 per share. This represents a $1.44 dividend on an annualized basis and a dividend yield of 1.01%. The ex-dividend date was Thursday, May 30th. Xylem’s dividend payout ratio (DPR) is presently 51.25%.

Wall Street Analysts Forecast Growth

XYL has been the topic of a number of research reports. Citigroup boosted their price target on Xylem from $126.00 to $139.00 and gave the company a “neutral” rating in a report on Monday, April 8th. Argus increased their target price on Xylem from $146.00 to $165.00 and gave the stock a “buy” rating in a research note on Wednesday, May 29th. Robert W. Baird upped their price target on shares of Xylem from $151.00 to $155.00 and gave the stock an “outperform” rating in a report on Friday, May 3rd. Oppenheimer boosted their target price on shares of Xylem from $147.00 to $152.00 and gave the stock an “outperform” rating in a research note on Friday, May 31st. Finally, TD Cowen upped their price objective on shares of Xylem from $135.00 to $138.00 and gave the company a “buy” rating in a research note on Thursday, June 6th. Five equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $144.58.

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.