Strategy Asset Managers LLC lowered its stake in shares of Mettler-Toledo International, Inc. (NYSE:MTD) by 2.3% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 5,882 shares of the medical instruments supplier’s stock after selling 136 shares during the period. Strategy Asset Managers LLC’s holdings in Mettler-Toledo International were worth $3,683,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. First Personal Financial Services boosted its stake in shares of Mettler-Toledo International by 2.8% during the 2nd quarter. First Personal Financial Services now owns 186 shares of the medical instruments supplier’s stock valued at $109,000 after buying an additional 5 shares during the period. Sun Life Financial INC lifted its stake in shares of Mettler-Toledo International by 2,585.7% in the 2nd quarter. Sun Life Financial INC now owns 188 shares of the medical instruments supplier’s stock valued at $111,000 after purchasing an additional 181 shares during the last quarter. Acrospire Investment Management LLC acquired a new stake in shares of Mettler-Toledo International in the 2nd quarter valued at $118,000. CAPROCK Group Inc. acquired a new stake in shares of Mettler-Toledo International in the 2nd quarter valued at $205,000. Finally, Personal Capital Advisors Corp acquired a new stake in shares of Mettler-Toledo International in the 2nd quarter valued at $206,000. 93.52% of the stock is owned by institutional investors.

Mettler-Toledo International, Inc. (MTD) traded down $4.16 during trading on Monday, reaching $622.66. 167,800 shares of the company’s stock were exchanged, compared to its average volume of 158,863. The firm has a market cap of $15,850.00, a price-to-earnings ratio of 36.84, a price-to-earnings-growth ratio of 2.84 and a beta of 1.13. The company has a debt-to-equity ratio of 2.05, a quick ratio of 1.11 and a current ratio of 1.51. Mettler-Toledo International, Inc. has a 52-week low of $407.87 and a 52-week high of $694.48.

Mettler-Toledo International (NYSE:MTD) last released its earnings results on Thursday, November 2nd. The medical instruments supplier reported $4.36 earnings per share for the quarter, topping the Zacks’ consensus estimate of $4.32 by $0.04. The firm had revenue of $698.80 million during the quarter, compared to analyst estimates of $685.56 million. Mettler-Toledo International had a net margin of 16.44% and a return on equity of 96.81%. The business’s revenue was up 7.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $3.89 EPS. analysts forecast that Mettler-Toledo International, Inc. will post 17.52 earnings per share for the current year.

Several equities research analysts recently issued reports on MTD shares. Zacks Investment Research raised shares of Mettler-Toledo International from a “hold” rating to a “buy” rating and set a $684.00 price objective for the company in a research note on Friday, July 21st. Morgan Stanley reaffirmed an “equal weight” rating and issued a $565.00 price objective (up previously from $533.00) on shares of Mettler-Toledo International in a research note on Saturday, July 22nd. Jefferies Group LLC reaffirmed a “hold” rating and issued a $550.00 price objective on shares of Mettler-Toledo International in a research note on Thursday, July 27th. BidaskClub lowered shares of Mettler-Toledo International from a “strong-buy” rating to a “buy” rating in a research report on Monday, July 31st. Finally, Goldman Sachs Group, Inc. (The) reissued a “buy” rating and set a $690.00 target price on shares of Mettler-Toledo International in a research report on Tuesday, September 26th. Five equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. The stock presently has an average rating of “Buy” and an average price target of $621.57.

In other news, insider Thomas Caratsch sold 1,500 shares of the business’s stock in a transaction dated Tuesday, August 22nd. The shares were sold at an average price of $588.00, for a total transaction of $882,000.00. Following the transaction, the insider now owns 2,270 shares in the company, valued at approximately $1,334,760. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, insider Christian Magloth sold 750 shares of the business’s stock in a transaction dated Thursday, August 24th. The stock was sold at an average price of $590.00, for a total transaction of $442,500.00. Following the transaction, the insider now owns 750 shares in the company, valued at approximately $442,500. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 20,065 shares of company stock worth $12,128,286. Insiders own 5.20% of the company’s stock.

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Mettler-Toledo International Profile

Mettler-Toledo International Inc is a supplier of precision instruments and services. The Company operates through five segments: U.S. Operations, Swiss Operations, Western European Operations, Chinese Operations and Other. The Company manufactures weighing instruments for use in laboratory, industrial, packaging, logistics and food retailing applications.

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

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