1,897 Shares in Mettler-Toledo International Inc. (NYSE:MTD) Acquired by B. Metzler seel. Sohn & Co. Holding AG

B. Metzler seel. Sohn & Co. Holding AG acquired a new position in Mettler-Toledo International Inc. (NYSE:MTD - Free Report) during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 1,897 shares of the medical instruments supplier's stock, valued at approximately $2,845,000.

A number of other large investors have also added to or reduced their stakes in the company. Family Firm Inc. bought a new position in shares of Mettler-Toledo International during the 2nd quarter valued at about $25,000. Blue Trust Inc. boosted its stake in Mettler-Toledo International by 242.9% in the third quarter. Blue Trust Inc. now owns 24 shares of the medical instruments supplier's stock worth $34,000 after buying an additional 17 shares in the last quarter. Ashton Thomas Securities LLC bought a new position in Mettler-Toledo International during the third quarter valued at approximately $37,000. Rothschild Investment LLC purchased a new position in shares of Mettler-Toledo International during the second quarter worth approximately $42,000. Finally, Itau Unibanco Holding S.A. bought a new stake in shares of Mettler-Toledo International in the 2nd quarter worth approximately $42,000. Hedge funds and other institutional investors own 95.07% of the company's stock.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the company. Stifel Nicolaus dropped their target price on Mettler-Toledo International from $1,550.00 to $1,450.00 and set a "buy" rating for the company in a report on Monday, November 11th. Robert W. Baird dropped their target price on shares of Mettler-Toledo International from $1,375.00 to $1,310.00 and set a "neutral" rating for the company in a report on Monday, November 11th. Evercore ISI boosted their price target on Mettler-Toledo International from $1,375.00 to $1,450.00 and gave the company an "in-line" rating in a report on Tuesday, October 1st. JPMorgan Chase & Co. upped their price target on Mettler-Toledo International from $1,300.00 to $1,400.00 and gave the company a "neutral" rating in a research report on Monday, August 5th. Finally, Wells Fargo & Company cut their price objective on Mettler-Toledo International from $1,400.00 to $1,350.00 and set an "equal weight" rating on the stock in a research report on Monday, November 11th. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $1,338.75.

Insiders Place Their Bets

In related news, Director Elisha W. Finney sold 76 shares of the company's stock in a transaction that occurred on Monday, November 11th. The stock was sold at an average price of $1,311.75, for a total value of $99,693.00. Following the sale, the director now owns 240 shares in the company, valued at $314,820. This represents a 24.05 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Corporate insiders own 1.94% of the company's stock.

Mettler-Toledo International Stock Up 0.5 %

MTD opened at $1,166.90 on Thursday. Mettler-Toledo International Inc. has a 52 week low of $1,053.41 and a 52 week high of $1,546.93. The stock has a market cap of $24.62 billion, a PE ratio of 31.46, a PEG ratio of 3.83 and a beta of 1.16. The business has a 50 day moving average of $1,368.72 and a 200-day moving average of $1,399.55.

Mettler-Toledo International (NYSE:MTD - Get Free Report) last announced its quarterly earnings data on Thursday, November 7th. The medical instruments supplier reported $10.21 EPS for the quarter, beating the consensus estimate of $10.00 by $0.21. Mettler-Toledo International had a negative return on equity of 531.78% and a net margin of 21.15%. The business had revenue of $954.54 million during the quarter, compared to analyst estimates of $941.93 million. Equities analysts anticipate that Mettler-Toledo International Inc. will post 40.39 EPS for the current year.

Mettler-Toledo International Company Profile

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.