Mettler-Toledo International Inc. (NYSE:MTD) Shares Sold by Walleye Capital LLC

Walleye Capital LLC decreased its position in Mettler-Toledo International Inc. (NYSE:MTDGet Rating) by 62.2% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 395 shares of the medical instruments supplier’s stock after selling 649 shares during the quarter. Walleye Capital LLC’s holdings in Mettler-Toledo International were worth $542,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the company. Eaton Vance Management increased its holdings in Mettler-Toledo International by 0.6% during the 4th quarter. Eaton Vance Management now owns 1,584 shares of the medical instruments supplier’s stock worth $1,965,000 after purchasing an additional 9 shares during the last quarter. Main Street Financial Solutions LLC boosted its stake in Mettler-Toledo International by 2.8% during the 1st quarter. Main Street Financial Solutions LLC now owns 365 shares of the medical instruments supplier’s stock valued at $501,000 after acquiring an additional 10 shares during the last quarter. Personal CFO Solutions LLC grew its holdings in Mettler-Toledo International by 1.4% during the 1st quarter. Personal CFO Solutions LLC now owns 747 shares of the medical instruments supplier’s stock worth $1,026,000 after acquiring an additional 10 shares in the last quarter. Glassman Wealth Services increased its position in shares of Mettler-Toledo International by 57.9% in the 4th quarter. Glassman Wealth Services now owns 30 shares of the medical instruments supplier’s stock worth $51,000 after purchasing an additional 11 shares during the last quarter. Finally, Bennett Selby Investments LP raised its stake in shares of Mettler-Toledo International by 8.6% in the 1st quarter. Bennett Selby Investments LP now owns 151 shares of the medical instruments supplier’s stock valued at $207,000 after purchasing an additional 12 shares in the last quarter. Hedge funds and other institutional investors own 93.00% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently commented on MTD shares. StockNews.com upgraded Mettler-Toledo International from a “buy” rating to a “strong-buy” rating in a research note on Friday, September 16th. TheStreet lowered Mettler-Toledo International from a “b” rating to a “c+” rating in a research report on Thursday, July 28th. UBS Group initiated coverage on Mettler-Toledo International in a research report on Wednesday, July 20th. They set a “neutral” rating and a $1,237.00 price target on the stock. Stifel Nicolaus raised shares of Mettler-Toledo International from a “hold” rating to a “buy” rating and set a $1,500.00 price objective for the company in a report on Tuesday, September 6th. Finally, Robert W. Baird boosted their target price on shares of Mettler-Toledo International from $1,369.00 to $1,406.00 and gave the company a “neutral” rating in a research note on Monday, August 1st. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, Mettler-Toledo International currently has a consensus rating of “Moderate Buy” and an average target price of $1,338.60.

Mettler-Toledo International Stock Down 0.6 %

Shares of Mettler-Toledo International stock opened at $1,160.06 on Thursday. Mettler-Toledo International Inc. has a twelve month low of $1,082.78 and a twelve month high of $1,714.75. The stock has a market capitalization of $26.11 billion, a price-to-earnings ratio of 32.69, a PEG ratio of 2.97 and a beta of 1.14. The company has a current ratio of 1.18, a quick ratio of 0.77 and a debt-to-equity ratio of 250.82. The business’s 50 day simple moving average is $1,268.78 and its 200-day simple moving average is $1,272.52.

Mettler-Toledo International (NYSE:MTDGet Rating) last issued its earnings results on Friday, July 29th. The medical instruments supplier reported $9.39 earnings per share for the quarter, topping the consensus estimate of $8.78 by $0.61. Mettler-Toledo International had a return on equity of 799.34% and a net margin of 21.23%. The firm had revenue of $978.39 million for the quarter, compared to analyst estimates of $951.81 million. During the same period last year, the company earned $8.10 earnings per share. The firm’s revenue for the quarter was up 5.8% on a year-over-year basis. Equities research analysts forecast that Mettler-Toledo International Inc. will post 38.99 earnings per share for the current year.

Insider Buying and Selling

In other Mettler-Toledo International news, Director Olivier A. Filliol sold 8,279 shares of the business’s stock in a transaction dated Wednesday, August 10th. The shares were sold at an average price of $1,341.34, for a total transaction of $11,104,953.86. Following the completion of the transaction, the director now directly owns 30 shares of the company’s stock, valued at approximately $40,240.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In related news, Director Olivier A. Filliol sold 8,279 shares of the firm’s stock in a transaction that occurred on Wednesday, August 10th. The stock was sold at an average price of $1,341.34, for a total value of $11,104,953.86. Following the sale, the director now directly owns 30 shares in the company, valued at approximately $40,240.20. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Olivier A. Filliol sold 8,000 shares of Mettler-Toledo International stock in a transaction on Tuesday, August 2nd. The shares were sold at an average price of $1,344.92, for a total value of $10,759,360.00. Following the sale, the director now directly owns 8,309 shares in the company, valued at approximately $11,174,940.28. The disclosure for this sale can be found here. Insiders have sold a total of 20,440 shares of company stock valued at $27,465,861 in the last quarter. Company insiders own 2.80% of the company’s stock.

Mettler-Toledo International Profile

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Mettler-Toledo International Inc engages in the manufacture and supply of precision instruments and services worldwide. It operates in five segments: U.S. Operations, Swiss Operations, Western European Operations, Chinese Operations, and Other. The company's laboratory instruments include laboratory balances, liquid pipetting solutions, automated laboratory reactors, titrators, pH meters, process analytics sensors and analyzer technologies, physical value analyzers, thermal analysis systems, and other analytical instruments; and LabX, a laboratory software platform to manage and analyze data generated from its instruments.

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Institutional Ownership by Quarter for Mettler-Toledo International (NYSE:MTD)

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