Advantage Trust Co Takes Position in Xylem Inc. (NYSE:XYL)

Advantage Trust Co purchased a new stake in Xylem Inc. (NYSE:XYL) in the 4th quarter, HoldingsChannel.com reports. The fund purchased 500 shares of the industrial products company’s stock, valued at approximately $57,000.

A number of other large investors have also recently bought and sold shares of XYL. Commonwealth Equity Services LLC raised its stake in shares of Xylem by 0.9% during the third quarter. Commonwealth Equity Services LLC now owns 69,566 shares of the industrial products company’s stock worth $6,333,000 after purchasing an additional 645 shares during the last quarter. Cambridge Investment Research Advisors Inc. boosted its holdings in shares of Xylem by 3.1% in the third quarter. Cambridge Investment Research Advisors Inc. now owns 18,603 shares of the industrial products company’s stock valued at $1,693,000 after acquiring an additional 553 shares in the last quarter. Raymond James Financial Services Advisors Inc. boosted its holdings in shares of Xylem by 21.2% in the third quarter. Raymond James Financial Services Advisors Inc. now owns 23,782 shares of the industrial products company’s stock valued at $2,165,000 after acquiring an additional 4,157 shares in the last quarter. Mackenzie Financial Corp increased its stake in shares of Xylem by 14.6% during the third quarter. Mackenzie Financial Corp now owns 48,640 shares of the industrial products company’s stock worth $4,384,000 after acquiring an additional 6,208 shares during the period. Finally, Strs Ohio raised its holdings in Xylem by 21.4% during the third quarter. Strs Ohio now owns 15,670 shares of the industrial products company’s stock worth $1,426,000 after purchasing an additional 2,760 shares in the last quarter. Institutional investors and hedge funds own 87.96% of the company’s stock.

Insiders Place Their Bets

In other Xylem news, CAO Geri-Michelle Mcshane sold 1,000 shares of the company’s stock in a transaction dated Tuesday, February 20th. The shares were sold at an average price of $122.89, for a total value of $122,890.00. Following the transaction, the chief accounting officer now directly owns 2,935 shares in the company, valued at approximately $360,682.15. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 0.27% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of brokerages have weighed in on XYL. Robert W. Baird lifted their price objective on Xylem from $151.00 to $155.00 and gave the company an “outperform” rating in a report on Friday, May 3rd. Citigroup upped their price objective on Xylem from $126.00 to $139.00 and gave the stock a “neutral” rating in a report on Monday, April 8th. Stifel Nicolaus raised their target price on Xylem from $136.00 to $150.00 and gave the company a “buy” rating in a report on Wednesday, February 7th. Oppenheimer upped their price target on shares of Xylem from $142.00 to $147.00 and gave the stock an “outperform” rating in a research note on Friday, May 3rd. Finally, Royal Bank of Canada increased their price target on shares of Xylem from $157.00 to $162.00 and gave the company an “outperform” rating in a report on Friday, May 3rd. Five investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $140.70.

Xylem Price Performance

NYSE:XYL traded up $1.41 during mid-day trading on Thursday, hitting $142.61. 934,174 shares of the company’s stock traded hands, compared to its average volume of 1,180,255. Xylem Inc. has a 1 year low of $87.59 and a 1 year high of $142.72. The company has a market cap of $34.58 billion, a PE ratio of 50.75, a price-to-earnings-growth ratio of 2.59 and a beta of 1.08. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.22 and a current ratio of 1.67. The firm’s 50 day simple moving average is $129.82 and its 200 day simple moving average is $116.56.

Xylem (NYSE:XYL) last issued its quarterly earnings data on Thursday, May 2nd. The industrial products company reported $0.90 earnings per share for the quarter, topping analysts’ consensus estimates of $0.84 by $0.06. Xylem had a net margin of 8.34% and a return on equity of 8.95%. The business had revenue of $2.03 billion during the quarter, compared to analysts’ expectations of $2 billion. During the same period last year, the company posted $0.72 EPS. The company’s revenue was up 40.4% on a year-over-year basis. Sell-side analysts expect that Xylem Inc. will post 4.24 EPS for the current year.

Xylem 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.