Cookson Peirce Co Inc adds Xylem Inc (XYL) to its portfolio

Xylem Inc (XYL) : Cookson Peirce Co Inc added new position in Xylem Inc during the most recent quarter end. The investment management firm now holds 229,685 shares of Xylem Inc which is valued at $10,618,338 , the company said in a statement filed on Aug 3, 2016 with the SEC.Xylem Inc makes up approximately 1.53% of Cookson Peirce Co Inc’s portfolio.

Other Hedge Funds, Including , State Treasurer State Of Michigan boosted its stake in XYL in the latest quarter, The investment management firm added 27,400 additional shares and now holds a total of 88,844 shares of Xylem Inc which is valued at $4,107,258. Xylem Inc makes up approx 0.03% of State Treasurer State Of Michigan’s portfolio.Trillium Asset Management boosted its stake in XYL in the latest quarter, The investment management firm added 7,322 additional shares and now holds a total of 389,072 shares of Xylem Inc which is valued at $18,601,532. Xylem Inc makes up approx 1.17% of Trillium Asset Management’s portfolio.John G Ullman Associates Inc reduced its stake in XYL by selling 200 shares or 0.46% in the most recent quarter. The Hedge Fund company now holds 43,300 shares of XYL which is valued at $2,033,368. Xylem Inc makes up approx 0.40% of John G Ullman Associates Inc’s portfolio.North Star Investment Management Corp. boosted its stake in XYL in the latest quarter, The investment management firm added 4 additional shares and now holds a total of 1,097 shares of Xylem Inc which is valued at $51,581. Xylem Inc makes up approx 0.01% of North Star Investment Management Corp.’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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