Janus Henderson Group PLC Has $102.76 Million Holdings in Xylem Inc. (XYL)

Janus Henderson Group PLC raised its position in Xylem Inc. (NYSE:XYL) by 404.5% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,853,943 shares of the industrial products company’s stock after buying an additional 1,486,463 shares during the period. Janus Henderson Group PLC owned approximately 1.03% of Xylem worth $102,758,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Harfst & Associates Inc. boosted its position in Xylem by 26.1% in the 2nd quarter. Harfst & Associates Inc. now owns 2,433 shares of the industrial products company’s stock valued at $134,000 after buying an additional 503 shares during the last quarter. CENTRAL TRUST Co boosted its position in Xylem by 160.3% in the 2nd quarter. CENTRAL TRUST Co now owns 2,655 shares of the industrial products company’s stock valued at $146,000 after buying an additional 1,635 shares during the last quarter. FNY Partners Fund LP purchased a new position in Xylem in the 1st quarter valued at about $151,000. Federated Investors Inc. PA boosted its position in Xylem by 5.8% in the 2nd quarter. Federated Investors Inc. PA now owns 3,286 shares of the industrial products company’s stock valued at $182,000 after buying an additional 181 shares during the last quarter. Finally, Pacer Advisors Inc. boosted its position in Xylem by 3.4% in the 1st quarter. Pacer Advisors Inc. now owns 3,701 shares of the industrial products company’s stock valued at $186,000 after buying an additional 121 shares during the last quarter. 86.40% of the stock is owned by institutional investors.

In other Xylem news, insider Kenneth Napolitano sold 9,052 shares of Xylem stock in a transaction that occurred on Wednesday, August 9th. The stock was sold at an average price of $60.16, for a total transaction of $544,568.32. Following the sale, the insider now directly owns 35,303 shares of the company’s stock, valued at $2,123,828.48. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.75% of the stock is currently owned by insiders.

Xylem Inc. (NYSE:XYL) opened at 64.775 on Tuesday. The company has a market cap of $11.63 billion, a PE ratio of 41.817 and a beta of 1.17. The stock’s 50 day moving average is $62.68 and its 200 day moving average is $56.01. Xylem Inc. has a 12 month low of $45.60 and a 12 month high of $64.93.

Xylem (NYSE:XYL) last released its quarterly earnings data on Tuesday, August 1st. The industrial products company reported $0.59 earnings per share for the quarter, beating analysts’ consensus estimates of $0.57 by $0.02. The company had revenue of $1.16 billion for the quarter, compared to the consensus estimate of $1.17 billion. Xylem had a return on equity of 17.26% and a net margin of 6.58%. The company’s quarterly revenue was up 24.9% on a year-over-year basis. During the same period in the previous year, the business earned $0.48 earnings per share. Equities analysts predict that Xylem Inc. will post $2.37 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 20th. Shareholders of record on Thursday, August 31st were issued a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a yield of 1.11%. The ex-dividend date of this dividend was Tuesday, August 29th. Xylem’s payout ratio is 46.45%.

COPYRIGHT VIOLATION NOTICE: This piece of content was published by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are accessing this piece of content on another site, it was illegally copied and republished in violation of U.S. and international trademark & copyright laws. The original version of this piece of content can be accessed at https://ledgergazette.com/2017/10/10/janus-henderson-group-plc-has-102-76-million-holdings-in-xylem-inc-xyl.html.

A number of equities analysts have weighed in on the stock. Canaccord Genuity reissued a “hold” rating and issued a $56.00 price objective on shares of Xylem in a research report on Friday. Zacks Investment Research raised shares of Xylem from a “hold” rating to a “buy” rating and set a $71.00 price objective for the company in a research report on Thursday, October 5th. Royal Bank Of Canada reissued an “outperform” rating and issued a $71.00 price objective (up from $64.00) on shares of Xylem in a research report on Wednesday, October 4th. Robert W. Baird reissued a “hold” rating and issued a $67.00 price objective on shares of Xylem in a research report on Wednesday, October 4th. Finally, Cowen and Company reissued a “buy” rating and issued a $70.00 price objective on shares of Xylem in a research report on Thursday, September 21st. Six research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the compan

Other large investors have also recently bought and sold shares of the company. Harfst & Associates Inc. boosted its position in Xylem by 26.1% in the 2nd quarter. Harfst & Associates Inc. now owns 2,433 shares of the industrial products company’s stock valued at $134,000 after buying an additional 503 shares during the last quarter. CENTRAL TRUST Co boosted its position in Xylem by 160.3% in the 2nd quarter. CENTRAL TRUST Co now owns 2,655 shares of the industrial products company’s stock valued at $146,000 after buying an additional 1,635 shares during the last quarter. FNY Partners Fund LP purchased a new position in Xylem in the 1st quarter valued at about $151,000. Federated Investors Inc. PA boosted its position in Xylem by 5.8% in the 2nd quarter. Federated Investors Inc. PA now owns 3,286 shares of the industrial products company’s stock valued at $182,000 after buying an additional 181 shares during the last quarter. Finally, Pacer Advisors Inc. boosted its position in Xylem by 3.4% in the 1st quarter. Pacer Advisors Inc. now owns 3,701 shares of the industrial products company’s stock valued at $186,000 after buying an additional 121 shares during the last quarter. 86.40% of the stock is owned by institutional investors.

In other Xylem news, insider Kenneth Napolitano sold 9,052 shares of Xylem stock in a transaction that occurred on Wednesday, August 9th. The stock was sold at an average price of $60.16, for a total transaction of $544,568.32. Following the sale, the insider now directly owns 35,303 shares of the company’s stock, valued at $2,123,828.48. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.75% of the stock is currently owned by insiders.

Xylem Inc. (NYSE:XYL) opened at 64.775 on Tuesday. The company has a market cap of $11.63 billion, a PE ratio of 41.817 and a beta of 1.17. The stock’s 50 day moving average is $62.68 and its 200 day moving average is $56.01. Xylem Inc. has a 12 month low of $45.60 and a 12 month high of $64.93.

Xylem (NYSE:XYL) last released its quarterly earnings data on Tuesday, August 1st. The industrial products company reported $0.59 earnings per share for the quarter, beating analysts’ consensus estimates of $0.57 by $0.02. The company had revenue of $1.16 billion for the quarter, compared to the consensus estimate of $1.17 billion. Xylem had a return on equity of 17.26% and a net margin of 6.58%. The company’s quarterly revenue was up 24.9% on a year-over-year basis. During the same period in the previous year, the business earned $0.48 earnings per share. Equities analysts predict that Xylem Inc. will post $2.37 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 20th. Shareholders of record on Thursday, August 31st were issued a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a yield of 1.11%. The ex-dividend date of this dividend was Tuesday, August 29th. Xylem’s payout ratio is 46.45%.

COPYRIGHT VIOLATION NOTICE: This piece of content was published by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are accessing this piece of content on another site, it was illegally copied and republished in violation of U.S. and international trademark & copyright laws. The original version of this piece of content can be accessed at https://ledgergazette.com/2017/10/10/janus-henderson-group-plc-has-102-76-million-holdings-in-xylem-inc-xyl.html.

A number of equities analysts have weighed in on the stock. Canaccord Genuity reissued a “hold” rating and issued a $56.00 price objective on shares of Xylem in a research report on Friday. Zacks Investment Research raised shares of Xylem from a “hold” rating to a “buy” rating and set a $71.00 price objective for the company in a research report on Thursday, October 5th. Royal Bank Of Canada reissued an “outperform” rating and issued a $71.00 price objective (up from $64.00) on shares of Xylem in a research report on Wednesday, October 4th. Robert W. Baird reissued a “hold” rating and issued a $67.00 price objective on shares of Xylem in a research report on Wednesday, October 4th. Finally, Cowen and Company reissued a “buy” rating and issued a $70.00 price objective on shares of Xylem in a research report on Thursday, September 21st. Six research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus target price of $61.92.

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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Institutional Ownership by Quarter for Xylem (NYSE:XYL)

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