California State Teachers Retirement System Has $19.49 Million Position in Xylem Inc (XYL)

California State Teachers Retirement System lessened its position in shares of Xylem Inc (NYSE:XYL) by 8.2% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 311,204 shares of the industrial products company’s stock after selling 27,648 shares during the period. California State Teachers Retirement System owned 0.17% of Xylem worth $19,491,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Chilton Investment Co. LLC grew its holdings in Xylem by 83.8% in the second quarter. Chilton Investment Co. LLC now owns 983,214 shares of the industrial products company’s stock worth $54,500,000 after purchasing an additional 448,212 shares during the period. Clinton Group Inc. acquired a new stake in Xylem in the second quarter worth $3,292,000. Swiss National Bank grew its holdings in Xylem by 2.9% in the second quarter. Swiss National Bank now owns 653,822 shares of the industrial products company’s stock worth $36,241,000 after purchasing an additional 18,200 shares during the period. Ameriprise Financial Inc. grew its holdings in Xylem by 17.0% in the second quarter. Ameriprise Financial Inc. now owns 2,727,985 shares of the industrial products company’s stock worth $151,210,000 after purchasing an additional 396,854 shares during the period. Finally, Aviva PLC grew its holdings in Xylem by 1.2% in the second quarter. Aviva PLC now owns 112,110 shares of the industrial products company’s stock worth $6,214,000 after purchasing an additional 1,280 shares during the period. 85.09% of the stock is owned by institutional investors and hedge funds.

In related news, Director Steven R. Loranger sold 37,700 shares of the business’s stock in a transaction dated Monday, November 6th. The shares were sold at an average price of $66.25, for a total transaction of $2,497,625.00. Following the transaction, the director now directly owns 58,831 shares in the company, valued at $3,897,553.75. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Steven R. Loranger sold 47,712 shares of the business’s stock in a transaction dated Monday, December 18th. The stock was sold at an average price of $68.10, for a total transaction of $3,249,187.20. Following the transaction, the director now owns 68,843 shares in the company, valued at $4,688,208.30. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 131,378 shares of company stock worth $8,777,476. 0.75% of the stock is owned by corporate insiders.

A number of research firms have commented on XYL. Boenning Scattergood restated a “buy” rating on shares of Xylem in a report on Friday, December 15th. Canaccord Genuity restated a “hold” rating and issued a $65.00 price target on shares of Xylem in a report on Monday, December 11th. Zacks Investment Research cut shares of Xylem from a “buy” rating to a “hold” rating in a report on Wednesday, December 6th. Seaport Global Securities restated a “buy” rating on shares of Xylem in a report on Wednesday, November 1st. Finally, Oppenheimer lifted their price objective on shares of Xylem from $66.00 to $75.00 and gave the company an “outperform” rating in a report on Wednesday, November 1st. Seven analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. Xylem presently has an average rating of “Buy” and an average target price of $65.17.

Xylem Inc (XYL) opened at $67.86 on Wednesday. The stock has a market cap of $12,194.84, a PE ratio of 29.65, a PEG ratio of 1.89 and a beta of 1.17. Xylem Inc has a twelve month low of $46.67 and a twelve month high of $69.88. The company has a current ratio of 1.76, a quick ratio of 1.26 and a debt-to-equity ratio of 0.88.

Xylem (NYSE:XYL) last issued its quarterly earnings data on Tuesday, October 31st. The industrial products company reported $0.65 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.64 by $0.01. The firm had revenue of $1.20 billion during the quarter, compared to analysts’ expectations of $1.18 billion. Xylem had a net margin of 6.85% and a return on equity of 17.74%. The business’s revenue was up 33.2% on a year-over-year basis. During the same period last year, the company earned $0.54 earnings per share. sell-side analysts anticipate that Xylem Inc will post 2.39 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Wednesday, December 6th. Investors of record on Thursday, November 2nd were issued a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a yield of 1.06%. The ex-dividend date of this dividend was Wednesday, November 1st. Xylem’s dividend payout ratio (DPR) is presently 41.86%.

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Xylem 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.

Institutional Ownership by Quarter for Xylem (NYSE:XYL)

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