Curtis J. Crawford Sells 7,948 Shares of Xylem Inc (XYL) Stock
Xylem Inc (NYSE:XYL) Director Curtis J. Crawford sold 7,948 shares of the company’s stock in a transaction dated Thursday, February 8th. The shares were sold at an average price of $71.77, for a total transaction of $570,427.96. Following the completion of the transaction, the director now directly owns 55,245 shares of the company’s stock, valued at $3,964,933.65. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.
Shares of Xylem Inc (XYL) opened at $73.31 on Thursday. The stock has a market cap of $13,170.00, a PE ratio of 40.06, a PEG ratio of 1.37 and a beta of 1.20. The company has a debt-to-equity ratio of 0.87, a current ratio of 1.88 and a quick ratio of 1.41. Xylem Inc has a 12 month low of $46.95 and a 12 month high of $76.81.
Xylem (NYSE:XYL) last released its quarterly earnings data on Thursday, February 1st. The industrial products company reported $0.76 earnings per share for the quarter, hitting the consensus estimate of $0.76. The firm had revenue of $1.28 billion for the quarter, compared to analyst estimates of $1.27 billion. Xylem had a net margin of 7.03% and a return on equity of 17.95%. Xylem’s quarterly revenue was up 16.6% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.66 earnings per share. sell-side analysts forecast that Xylem Inc will post 2.91 earnings per share for the current year.
XYL has been the subject of a number of analyst reports. Oppenheimer reissued a “buy” rating on shares of Xylem in a research report on Tuesday, October 31st. Boenning Scattergood restated a “buy” rating on shares of Xylem in a research note on Friday, December 15th. Canaccord Genuity restated a “hold” rating and issued a $65.00 target price on shares of Xylem in a research note on Monday, December 11th. BMO Capital Markets restated a “buy” rating and issued a $86.00 target price on shares of Xylem in a research note on Friday, February 2nd. Finally, Zacks Investment Research lowered shares of Xylem from a “buy” rating to a “hold” rating in a research note on Wednesday, December 6th. Six research analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus target price of $70.08.
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Sentry Investment Management LLC raised its stake in Xylem by 1.2% during the second quarter. Sentry Investment Management LLC now owns 11,839 shares of the industrial products company’s stock worth $656,000 after acquiring an additional 137 shares during the period. Advisor Group Inc. raised its stake in Xylem by 18.3% during the second quarter. Advisor Group Inc. now owns 3,592 shares of the industrial products company’s stock worth $198,000 after acquiring an additional 555 shares during the period. Greenleaf Trust raised its stake in Xylem by 97.4% during the fourth quarter. Greenleaf Trust now owns 1,490 shares of the industrial products company’s stock worth $102,000 after acquiring an additional 735 shares during the period. Barings LLC raised its stake in Xylem by 16.5% during the fourth quarter. Barings LLC now owns 5,656 shares of the industrial products company’s stock worth $386,000 after acquiring an additional 800 shares during the period. Finally, Global X MANAGEMENT CO LLC raised its stake in Xylem by 13.4% during the third quarter. Global X MANAGEMENT CO LLC now owns 6,849 shares of the industrial products company’s stock worth $429,000 after acquiring an additional 808 shares during the period. Hedge funds and other institutional investors own 85.07% of the company’s stock.
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Xylem Company Profile
Xylem Inc is a water technology company. The Company designs, manufactures and services engineered solutions across a range of critical applications. It is an equipment and service provider for water and wastewater applications with a portfolio of products and services addressing the cycle of water, from collection, distribution and use to the return of water to the environment.
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