Town & Country Bank & Trust CO dba First Bankers Trust CO lowered its stake in shares of Xylem Inc (NYSE:XYL) by 49.6% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 16,928 shares of the industrial products company’s stock after selling 16,648 shares during the quarter. Town & Country Bank & Trust CO dba First Bankers Trust CO’s holdings in Xylem were worth $1,338,000 at the end of the most recent quarter.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Halsey Associates Inc. CT bought a new stake in shares of Xylem in the 4th quarter valued at about $626,000. Pathlight Investors LLC acquired a new stake in Xylem in the 4th quarter valued at $325,000. Rehmann Capital Advisory Group grew its stake in Xylem by 7,887.0% in the 3rd quarter. Rehmann Capital Advisory Group now owns 15,974 shares of the industrial products company’s stock valued at $200,000 after acquiring an additional 15,774 shares during the period. Hotaling Investment Management LLC acquired a new stake in Xylem during the 4th quarter worth $1,111,000. Finally, Mackay Shields LLC boosted its position in shares of Xylem by 9.8% during the 4th quarter. Mackay Shields LLC now owns 31,442 shares of the industrial products company’s stock valued at $2,097,000 after acquiring an additional 2,794 shares during the last quarter. 87.04% of the stock is currently owned by hedge funds and other institutional investors.
A number of equities analysts recently issued reports on XYL shares. Stifel Nicolaus lowered their price target on Xylem from $93.00 to $89.00 and set a “buy” rating for the company in a report on Friday. Janney Montgomery Scott upgraded Xylem from a “neutral” rating to a “buy” rating and set a $86.00 price target for the company in a research report on Friday. ValuEngine upgraded Xylem from a “hold” rating to a “buy” rating in a research report on Tuesday, April 23rd. Zacks Investment Research raised Xylem from a “sell” rating to a “hold” rating in a research note on Saturday, April 13th. Finally, Boenning Scattergood restated a “buy” rating on shares of Xylem in a report on Friday, March 22nd. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and eleven have given a buy rating to the company. The stock currently has an average rating of “Buy” and an average target price of $79.80.
Xylem stock opened at $82.29 on Friday. Xylem Inc has a twelve month low of $60.65 and a twelve month high of $84.41. The company has a market cap of $14.98 billion, a PE ratio of 28.57, a P/E/G ratio of 1.44 and a beta of 1.15. The company has a quick ratio of 1.08, a current ratio of 1.51 and a debt-to-equity ratio of 0.74.
Xylem (NYSE:XYL) last released its earnings results on Thursday, May 2nd. The industrial products company reported $0.52 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.58 by ($0.06). Xylem had a net margin of 10.54% and a return on equity of 19.89%. The company had revenue of $1.24 billion for the quarter, compared to the consensus estimate of $1.25 billion. During the same period in the prior year, the company earned $0.51 earnings per share. The firm’s revenue was up 1.6% on a year-over-year basis. On average, equities analysts expect that Xylem Inc will post 3.31 EPS for the current fiscal year.
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Xylem Inc engages in the design, manufacture, and servicing of engineered products and solutions for the water and wastewater applications. It operates in three segments: Water Infrastructure, Applied Water, and Measurement & Control Solutions. The Water Infrastructure segment offers various products, including water and wastewater pumps; controls and systems; filtration, disinfection, and biological treatment equipment; and mobile dewatering equipment under the Flygt, Godwin, Wedeco, Sanitaire, and Leopold names for the transportation and treatment of water.
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