Amg National Trust Bank Lowers stake in Xylem Inc (XYL)

Xylem Inc (XYL) : Amg National Trust Bank reduced its stake in Xylem Inc by 43.27% during the most recent quarter end. The investment management company now holds a total of 131,118 shares of Xylem Inc which is valued at $6,061,585 after selling 100,000 shares in Xylem Inc , the firm said in a disclosure report filed with the SEC on Aug 3, 2016.Xylem Inc makes up approximately 0.53% of Amg National Trust Bank’s portfolio.

Other Hedge Funds, Including , Cookson Peirce Co Inc added XYL to its portfolio by purchasing 229,685 company shares during the most recent quarter which is valued at $10,618,338. Xylem Inc makes up approx 1.53% of Cookson Peirce Co Inc’s portfolio. Herndon Capital Management added XYL to its portfolio by purchasing 16 company shares during the most recent quarter which is valued at $765.Strs Ohio boosted its stake in XYL in the latest quarter, The investment management firm added 150,676 additional shares and now holds a total of 154,344 shares of Xylem Inc which is valued at $7,374,556. Xylem Inc makes up approx 0.03% of Strs Ohio’s portfolio.Mountain Pacific Investment Advisers Incid boosted its stake in XYL in the latest quarter, The investment management firm added 17,350 additional shares and now holds a total of 265,196 shares of Xylem Inc which is valued at $12,453,604. Xylem Inc makes up approx 1.35% of Mountain Pacific Investment Advisers Incid’s portfolio.Catawba Capital Management Va reduced its stake in XYL by selling 37 shares or 0.12% in the most recent quarter. The Hedge Fund company now holds 30,528 shares of XYL which is valued at $1,440,922. Xylem Inc makes up approx 0.34% of Catawba Capital Management Va’s portfolio.

Xylem Inc opened for trading at $47.31 and hit $47.67 on the upside on Monday, eventually ending the session at $47.49, with a gain of 0.30% or 0.14 points. The heightened volatility saw the trading volume jump to 6,99,285 shares. Company has a market cap of $8,509 M.

On the company’s financial health, Xylem Inc reported $0.48 EPS for the quarter, beating the analyst consensus estimate by $ 0.01 according to the earnings call on Aug 2, 2016. Analyst had a consensus of $0.47. The company had revenue of $932.00 million for the quarter, compared to analysts expectations of $928.42 million. The company’s revenue was up 1.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.43 EPS.

Xylem Inc. is engaged in the design manufacturing and application of engineered technologies for the water industry. The Company 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. The Company is an equipment and service provider in various application areas of the water equipment industry: transport treatment test building services industrial processing and irrigation. The Company’s water market brands such as Bell & Gossett and Flygt. The Company sells its products in more than 150 countries through a distribution network consisting of direct sales force and independent channel partners. The Company has two business segments: Water Infrastructure (collection distribution and return) and Applied Water (usage).

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