Silvia Mccoll Wealth Management LLC Takes $205,000 Position in Xylem Inc. (NYSE:XYL)

Silvia Mccoll Wealth Management LLC purchased a new stake in shares of Xylem Inc. (NYSE:XYL) during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 1,600 shares of the industrial products company’s stock, valued at approximately $205,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Cary Street Partners Investment Advisory LLC increased its position in Xylem by 117.0% during the third quarter. Cary Street Partners Investment Advisory LLC now owns 716 shares of the industrial products company’s stock valued at $65,000 after acquiring an additional 386 shares during the last quarter. Treasurer of the State of North Carolina increased its position in Xylem by 1.1% during the third quarter. Treasurer of the State of North Carolina now owns 107,242 shares of the industrial products company’s stock valued at $9,762,000 after acquiring an additional 1,190 shares during the last quarter. Tower Research Capital LLC TRC increased its position in Xylem by 303.8% during the third quarter. Tower Research Capital LLC TRC now owns 16,320 shares of the industrial products company’s stock valued at $1,486,000 after acquiring an additional 12,278 shares during the last quarter. Bank of Nova Scotia increased its position in Xylem by 15.2% during the third quarter. Bank of Nova Scotia now owns 22,256 shares of the industrial products company’s stock valued at $2,026,000 after acquiring an additional 2,944 shares during the last quarter. Finally, Teza Capital Management LLC increased its position in Xylem by 110.2% during the third quarter. Teza Capital Management LLC now owns 19,217 shares of the industrial products company’s stock valued at $1,749,000 after acquiring an additional 10,076 shares during the last quarter. 87.96% of the stock is owned by institutional investors.

Insider Activity at Xylem

In other news, SVP Rodney Aulick sold 21,800 shares of the firm’s stock in a transaction that occurred on Wednesday, June 5th. The stock was sold at an average price of $139.01, for a total value of $3,030,418.00. Following the completion of the sale, the senior vice president now directly owns 76,287 shares of the company’s stock, valued at approximately $10,604,655.87. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In other news, SVP Rodney Aulick sold 21,800 shares of the firm’s stock in a transaction that occurred on Wednesday, June 5th. The stock was sold at an average price of $139.01, for a total value of $3,030,418.00. Following the completion of the sale, the senior vice president now directly owns 76,287 shares of the company’s stock, valued at approximately $10,604,655.87. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, 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 of the company’s stock, valued at $490,195.68. The disclosure for this sale can be found here. 0.27% of the stock is owned by corporate insiders.

Xylem Price Performance

Xylem stock traded down $4.10 during midday trading on Monday, reaching $131.53. 1,552,184 shares of the stock traded hands, compared to its average volume of 1,226,523. The stock’s fifty day moving average is $138.73 and its 200-day moving average is $127.13. Xylem Inc. has a 12 month low of $87.59 and a 12 month high of $146.08. The stock has a market cap of $31.89 billion, a P/E ratio of 46.85, a PEG ratio of 2.40 and a beta of 1.04. The company has a quick ratio of 1.22, a current ratio of 1.67 and a debt-to-equity ratio of 0.19.

Xylem (NYSE:XYL) last announced its quarterly earnings results on Thursday, May 2nd. The industrial products company reported $0.90 EPS for the quarter, beating analysts’ consensus estimates of $0.84 by $0.06. Xylem had a return on equity of 8.95% and a net margin of 8.34%. The company had revenue of $2.03 billion during the quarter, compared to analyst estimates of $2 billion. During the same period in the prior year, the company earned $0.72 earnings per share. The firm’s revenue was up 40.4% on a year-over-year basis. As a group, equities research analysts anticipate that Xylem Inc. will post 4.25 EPS for the current year.

Xylem Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, June 27th. Investors of record on Thursday, May 30th were paid a dividend of $0.36 per share. This represents a $1.44 dividend on an annualized basis and a yield of 1.09%. The ex-dividend date of this dividend was Thursday, May 30th. Xylem’s payout ratio is presently 51.25%.

Analysts Set New Price Targets

A number of analysts recently commented on XYL shares. Mizuho upped their price objective on Xylem from $110.00 to $135.00 and gave the company a “neutral” rating in a research report on Friday, May 3rd. Oppenheimer upped their price target on Xylem from $147.00 to $152.00 and gave the stock an “outperform” rating in a research report on Friday, May 31st. Robert W. Baird upped their price target on Xylem from $151.00 to $155.00 and gave the stock an “outperform” rating in a research report on Friday, May 3rd. Royal Bank of Canada upped their price target on Xylem from $157.00 to $162.00 and gave the stock an “outperform” rating in a research report on Friday, May 3rd. Finally, BNP Paribas assumed coverage on Xylem in a research report on Tuesday, March 12th. They issued an “outperform” rating and a $150.00 price target for the company. Five research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. According to data from MarketBeat, Xylem presently has an average rating of “Moderate Buy” and a consensus price target of $142.92.

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.