Xylem Inc (XYL) Shares Bought by Neuburgh Advisers LLC

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Neuburgh Advisers LLC raised its stake in shares of Xylem Inc (NYSE:XYL) by 22.1% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,962 shares of the industrial products company’s stock after buying an additional 1,078 shares during the quarter. Neuburgh Advisers LLC’s holdings in Xylem were worth $402,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently made changes to their positions in XYL. Fulcrum Capital LLC grew its holdings in shares of Xylem by 1.2% in the first quarter. Fulcrum Capital LLC now owns 62,842 shares of the industrial products company’s stock valued at $4,834,000 after purchasing an additional 720 shares in the last quarter. First Republic Investment Management Inc. grew its holdings in shares of Xylem by 1.8% in the first quarter. First Republic Investment Management Inc. now owns 40,838 shares of the industrial products company’s stock valued at $3,142,000 after purchasing an additional 724 shares in the last quarter. IFP Advisors Inc grew its holdings in shares of Xylem by 3.1% in the first quarter. IFP Advisors Inc now owns 23,970 shares of the industrial products company’s stock valued at $1,844,000 after purchasing an additional 729 shares in the last quarter. Stellar Capital Management LLC grew its holdings in shares of Xylem by 2.1% in the second quarter. Stellar Capital Management LLC now owns 39,820 shares of the industrial products company’s stock valued at $2,683,000 after purchasing an additional 805 shares in the last quarter. Finally, Nomura Asset Management Co. Ltd. grew its holdings in shares of Xylem by 3.2% in the first quarter. Nomura Asset Management Co. Ltd. now owns 27,174 shares of the industrial products company’s stock valued at $2,091,000 after purchasing an additional 831 shares in the last quarter. 85.88% of the stock is owned by institutional investors and hedge funds.

In other news, Director Curtis J. Crawford sold 1,323 shares of Xylem stock in a transaction on Friday, August 3rd. The stock was sold at an average price of $75.25, for a total transaction of $99,555.75. Following the completion of the sale, the director now directly owns 40,421 shares in the company, valued at $3,041,680.25. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Curtis J. Crawford sold 7,500 shares of Xylem stock in a transaction on Tuesday, August 7th. The stock was sold at an average price of $76.26, for a total value of $571,950.00. Following the sale, the director now owns 40,421 shares of the company’s stock, valued at $3,082,505.46. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 27,623 shares of company stock valued at $2,084,702. 0.81% of the stock is owned by corporate insiders.

A number of research analysts recently weighed in on the stock. Stifel Nicolaus raised their target price on shares of Xylem from $75.00 to $80.00 and gave the company a “hold” rating in a report on Wednesday, August 1st. Raymond James assumed coverage on shares of Xylem in a report on Wednesday. They issued an “outperform” rating and a $90.00 target price for the company. BMO Capital Markets raised their target price on shares of Xylem from $83.00 to $84.00 and gave the company an “outperform” rating in a report on Wednesday, August 1st. Zacks Investment Research raised shares of Xylem from a “sell” rating to a “hold” rating and set a $84.00 target price for the company in a report on Thursday, August 2nd. Finally, Canaccord Genuity reissued a “hold” rating and issued a $78.00 target price on shares of Xylem in a report on Wednesday, August 1st. Four investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. The stock has a consensus rating of “Buy” and an average price target of $82.82.

Shares of XYL opened at $77.71 on Thursday. The firm has a market capitalization of $13.63 billion, a P/E ratio of 28.65, a P/E/G ratio of 1.45 and a beta of 1.26. Xylem Inc has a 52-week low of $61.54 and a 52-week high of $79.83. The company has a quick ratio of 1.02, a current ratio of 1.43 and a debt-to-equity ratio of 0.86.

Xylem (NYSE:XYL) last issued its quarterly earnings results on Tuesday, July 31st. The industrial products company reported $0.73 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.71 by $0.02. The company had revenue of $1.32 billion during the quarter, compared to the consensus estimate of $1.28 billion. Xylem had a return on equity of 19.04% and a net margin of 7.39%. Xylem’s revenue was up 13.1% on a year-over-year basis. During the same period last year, the company earned $0.59 earnings per share. sell-side analysts anticipate that Xylem Inc will post 2.91 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 20th. Investors of record on Thursday, August 30th will be given a $0.21 dividend. The ex-dividend date of this dividend is Wednesday, August 29th. This represents a $0.84 dividend on an annualized basis and a yield of 1.08%. Xylem’s dividend payout ratio is presently 35.00%.

About Xylem

Xylem Inc engages in the design, manufacture, and service of engineered solutions for the water and wastewater applications. It operates through three segments: Water Infrastructure, Applied Water, and Measurement and Control Solutions. The Water Infrastructure segment offers various products, including water and wastewater pumps, and controls and systems, as well as filtration, disinfection, and biological treatment equipment under the Flygt, Godwin, Wedeco, Sanitaire, and Leopold names for the transportation, treatment, and testing of water and wastewater applications.

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Institutional Ownership by Quarter for Xylem (NYSE:XYL)

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