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Citigroup Inc. Purchases 21,354 Shares of Xylem Inc. $XYL
Citigroup Inc. increased its stake in Xylem Inc. by 7.6% in the third quarter, acquiring an additional 21,354 shares, bringing its total ownership to 300,671 shares valued at $44.35 million. Other institutional investors also adjusted their holdings in Xylem. The company recently reported strong quarterly earnings, hitting analyst consensus, and announced an increased quarterly dividend of $0.43 per share.