Cambridge Trust Co. Sells 11,358 Shares of Xylem Inc. (NYSE:XYL)

Cambridge Trust Co. lessened its position in Xylem Inc. (NYSE:XYL - Free Report) by 7.2% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 145,457 shares of the industrial products company's stock after selling 11,358 shares during the period. Cambridge Trust Co. owned approximately 0.06% of Xylem worth $16,634,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the company. BlackRock Inc. increased its position in shares of Xylem by 5.0% during the first quarter. BlackRock Inc. now owns 21,219,246 shares of the industrial products company's stock worth $2,221,655,000 after acquiring an additional 1,011,317 shares in the last quarter. Vanguard Group Inc. increased its position in shares of Xylem by 7.6% during the first quarter. Vanguard Group Inc. now owns 20,390,911 shares of the industrial products company's stock worth $1,738,529,000 after acquiring an additional 1,435,798 shares in the last quarter. State Street Corp increased its position in shares of Xylem by 1.6% during the first quarter. State Street Corp now owns 7,692,045 shares of the industrial products company's stock worth $805,357,000 after acquiring an additional 121,367 shares in the last quarter. Morgan Stanley increased its position in shares of Xylem by 11.5% during the third quarter. Morgan Stanley now owns 4,528,905 shares of the industrial products company's stock worth $412,267,000 after acquiring an additional 466,911 shares in the last quarter. Finally, Invesco Ltd. increased its position in shares of Xylem by 35.1% during the third quarter. Invesco Ltd. now owns 4,182,821 shares of the industrial products company's stock worth $380,762,000 after acquiring an additional 1,086,102 shares in the last quarter. Institutional investors own 87.96% of the company's stock.

Insider Transactions at Xylem

In other news, CAO Geri-Michelle Mcshane sold 1,000 shares of the firm's stock in a transaction dated Tuesday, February 20th. The shares were sold at an average price of $122.89, for a total transaction of $122,890.00. Following the completion of the sale, the chief accounting officer now owns 2,935 shares in the company, valued at approximately $360,682.15. The transaction was disclosed in a filing with the SEC, which is accessible through this link. In related news, CAO Geri-Michelle Mcshane sold 1,000 shares of the firm's stock in a transaction dated Tuesday, February 20th. The shares were sold at an average price of $122.89, for a total transaction of $122,890.00. Following the transaction, the chief accounting officer now directly owns 2,935 shares of the company's stock, valued at $360,682.15. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, SVP Franz Cerwinka sold 2,408 shares of the firm's stock in a transaction dated Thursday, February 8th. The stock was sold at an average price of $121.79, for a total transaction of $293,270.32. Following the transaction, the senior vice president now directly owns 11,750 shares in the company, valued at $1,431,032.50. The disclosure for this sale can be found here. 0.27% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of research firms recently weighed in on XYL. Oppenheimer raised their target price on shares of Xylem from $133.00 to $142.00 and gave the company an "outperform" rating in a research report on Thursday. Robert W. Baird raised their target price on shares of Xylem from $141.00 to $148.00 and gave the company an "outperform" rating in a research report on Thursday, March 21st. BNP Paribas began coverage on shares of Xylem in a research report on Tuesday, March 12th. They issued an "outperform" rating and a $150.00 target price for the company. Stifel Nicolaus raised their target price on shares of Xylem from $136.00 to $150.00 and gave the company a "buy" rating in a research report on Wednesday, February 7th. Finally, Citigroup raised their target price on shares of Xylem from $126.00 to $139.00 and gave the company a "neutral" rating in a research report on Monday, April 8th. Four investment analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $138.11.

Xylem Stock Performance

XYL stock traded up $0.94 during trading hours on Thursday, reaching $127.16. The stock had a trading volume of 1,130,755 shares, compared to its average volume of 1,147,633. The stock has a 50-day simple moving average of $126.94 and a 200 day simple moving average of $112.11. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.76 and a quick ratio of 1.30. The stock has a market capitalization of $30.82 billion, a PE ratio of 46.75, a price-to-earnings-growth ratio of 2.55 and a beta of 1.10. Xylem Inc. has a fifty-two week low of $87.59 and a fifty-two week high of $130.86.

Xylem (NYSE:XYL - Get Free Report) last posted its earnings results on Tuesday, February 6th. The industrial products company reported $0.99 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.96 by $0.03. The company had revenue of $2.12 billion during the quarter, compared to analysts' expectations of $2.05 billion. Xylem had a net margin of 8.27% and a return on equity of 9.65%. Xylem's quarterly revenue was up 40.6% compared to the same quarter last year. During the same quarter last year, the company posted $0.92 EPS. Analysts predict that Xylem Inc. will post 4.13 EPS for the current fiscal year.

Xylem Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, March 20th. Stockholders of record on Wednesday, February 21st were paid a dividend of $0.36 per share. This represents a $1.44 dividend on an annualized basis and a dividend yield of 1.13%. The ex-dividend date of this dividend was Tuesday, February 20th. This is a boost from Xylem's previous quarterly dividend of $0.33. Xylem's dividend payout ratio (DPR) is currently 52.94%.

About Xylem

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.