Jump Financial LLC Has $269,000 Stake in Mettler-Toledo International Inc. (NYSE:MTD)

Jump Financial LLC decreased its position in shares of Mettler-Toledo International Inc. (NYSE:MTD) by 45.6% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 222 shares of the medical instruments supplier’s stock after selling 186 shares during the period. Jump Financial LLC’s holdings in Mettler-Toledo International were worth $269,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Caprock Group LLC boosted its stake in Mettler-Toledo International by 450.2% in the fourth quarter. Caprock Group LLC now owns 1,733 shares of the medical instruments supplier’s stock valued at $2,102,000 after acquiring an additional 1,418 shares during the last quarter. Oak Thistle LLC acquired a new stake in Mettler-Toledo International in the 4th quarter valued at $1,419,000. Charles Schwab Investment Management Inc. increased its stake in Mettler-Toledo International by 9.3% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 144,015 shares of the medical instruments supplier’s stock valued at $174,684,000 after buying an additional 12,249 shares during the last quarter. Kovitz Investment Group Partners LLC acquired a new position in shares of Mettler-Toledo International during the 4th quarter worth about $1,654,000. Finally, International Assets Investment Management LLC increased its stake in shares of Mettler-Toledo International by 109,458.1% during the 4th quarter. International Assets Investment Management LLC now owns 67,926 shares of the medical instruments supplier’s stock worth $82,392,000 after purchasing an additional 67,864 shares during the last quarter. 95.07% of the stock is owned by institutional investors.

Mettler-Toledo International Trading Up 0.0 %

Shares of NYSE MTD opened at $1,479.53 on Monday. The firm has a market capitalization of $31.60 billion, a price-to-earnings ratio of 41.49, a PEG ratio of 3.97 and a beta of 1.16. The business has a 50-day moving average of $1,326.68 and a 200-day moving average of $1,230.63. Mettler-Toledo International Inc. has a 12 month low of $928.49 and a 12 month high of $1,535.86.

Mettler-Toledo International (NYSE:MTD) last issued its earnings results on Thursday, May 9th. The medical instruments supplier reported $8.89 earnings per share (EPS) for the quarter, topping the consensus estimate of $7.61 by $1.28. The business had revenue of $925.95 million during the quarter, compared to analyst estimates of $879.72 million. Mettler-Toledo International had a negative return on equity of 662.32% and a net margin of 20.55%. Mettler-Toledo International’s revenue for the quarter was down .3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $8.69 earnings per share. On average, analysts predict that Mettler-Toledo International Inc. will post 40.12 earnings per share for the current year.

Wall Street Analysts Forecast Growth

MTD has been the subject of several research analyst reports. Stifel Nicolaus lifted their target price on shares of Mettler-Toledo International from $1,270.00 to $1,510.00 and gave the stock a “buy” rating in a report on Monday, May 13th. StockNews.com upgraded shares of Mettler-Toledo International from a “hold” rating to a “buy” rating in a research report on Monday, April 29th. Citigroup upped their price target on shares of Mettler-Toledo International from $975.00 to $1,200.00 and gave the company a “sell” rating in a research report on Monday, May 13th. Robert W. Baird upped their price objective on shares of Mettler-Toledo International from $1,212.00 to $1,360.00 and gave the company a “neutral” rating in a research note on Monday, May 13th. Finally, Evercore ISI upped their price objective on shares of Mettler-Toledo International from $1,200.00 to $1,300.00 and gave the company an “in-line” rating in a research note on Thursday, April 4th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $1,257.14.

Insiders Place Their Bets

In other Mettler-Toledo International news, insider Christian Magloth sold 400 shares of the business’s stock in a transaction that occurred on Monday, March 4th. The stock was sold at an average price of $1,278.73, for a total value of $511,492.00. Following the completion of the sale, the insider now owns 734 shares in the company, valued at $938,587.82. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other Mettler-Toledo International news, insider Christian Magloth sold 400 shares of the business’s stock in a transaction that occurred on Monday, March 4th. The stock was sold at an average price of $1,278.73, for a total value of $511,492.00. Following the completion of the sale, the insider now owns 734 shares in the company, valued at $938,587.82. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Thomas P. Salice sold 1,268 shares of the company’s stock in a transaction that occurred on Monday, May 13th. The shares were sold at an average price of $1,490.18, for a total value of $1,889,548.24. Following the transaction, the director now owns 244 shares of the company’s stock, valued at approximately $363,603.92. The disclosure for this sale can be found here. Insiders sold a total of 3,678 shares of company stock valued at $5,383,341 over the last quarter. 1.94% of the stock is owned by corporate insiders.

About Mettler-Toledo International

Mettler-Toledo International Inc manufactures and supplies precision instruments and services in the Americas, Europe, Asia, and internationally. It operates through 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, real-time analytics, titrators, pH meters, process analytics sensors and analyzer technologies, physical value analyzers, density and refractometry, thermal analysis systems, and other analytical instruments; and LabX, a laboratory software platform to manage and analyze data generated from its instruments.Its industrial instruments comprise industrial weighing instruments and related terminals, automatic dimensional measurement and data capture solutions, vehicle scale systems, industrial software, metal detection equipment, x-ray systems, check weighing equipment, camera-based imaging equipment, track-and-trace solutions, and product inspection systems.