Beddow Capital Management Inc. Raises Stock Holdings in Mettler-Toledo International Inc. (NYSE:MTD)

Beddow Capital Management Inc. raised its holdings in Mettler-Toledo International Inc. (NYSE:MTD - Free Report) by 37.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,125 shares of the medical instruments supplier's stock after purchasing an additional 307 shares during the quarter. Beddow Capital Management Inc.'s holdings in Mettler-Toledo International were worth $1,377,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently made changes to their positions in the company. SBI Securities Co. Ltd. purchased a new position in Mettler-Toledo International in the fourth quarter valued at approximately $33,000. Blue Trust Inc. boosted its stake in Mettler-Toledo International by 70.8% in the 4th quarter. Blue Trust Inc. now owns 41 shares of the medical instruments supplier's stock worth $50,000 after purchasing an additional 17 shares during the period. Whipplewood Advisors LLC purchased a new position in Mettler-Toledo International during the 4th quarter valued at about $54,000. Sound Income Strategies LLC grew its holdings in Mettler-Toledo International by 4,500.0% during the 4th quarter. Sound Income Strategies LLC now owns 46 shares of the medical instruments supplier's stock valued at $56,000 after buying an additional 45 shares in the last quarter. Finally, Farther Finance Advisors LLC lifted its holdings in shares of Mettler-Toledo International by 14.3% in the fourth quarter. Farther Finance Advisors LLC now owns 64 shares of the medical instruments supplier's stock worth $78,000 after buying an additional 8 shares in the last quarter. 95.07% of the stock is owned by hedge funds and other institutional investors.

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Mettler-Toledo International Stock Down 0.8 %

Shares of Mettler-Toledo International stock traded down $9.27 during trading on Tuesday, reaching $1,202.79. The company's stock had a trading volume of 21,813 shares, compared to its average volume of 136,970. The company has a market cap of $25.07 billion, a price-to-earnings ratio of 29.68, a PEG ratio of 3.30 and a beta of 1.15. The firm's 50-day moving average is $1,291.57 and its two-hundred day moving average is $1,308.45. Mettler-Toledo International Inc. has a 52-week low of $1,142.91 and a 52-week high of $1,546.93.

Mettler-Toledo International (NYSE:MTD - Get Free Report) last announced its quarterly earnings results on Thursday, February 13th. The medical instruments supplier reported $12.41 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $11.76 by $0.65. Mettler-Toledo International had a net margin of 22.29% and a negative return on equity of 591.54%. On average, equities research analysts anticipate that Mettler-Toledo International Inc. will post 42.71 EPS for the current year.

Analyst Ratings Changes

Several equities analysts recently commented on the stock. Citigroup reduced their price objective on shares of Mettler-Toledo International from $1,450.00 to $1,400.00 and set a "neutral" rating for the company in a research note on Tuesday, March 4th. Wolfe Research began coverage on Mettler-Toledo International in a research note on Friday, December 13th. They set a "peer perform" rating for the company. Evercore ISI upped their target price on Mettler-Toledo International from $1,450.00 to $1,475.00 and gave the stock an "outperform" rating in a research note on Monday, February 10th. Wells Fargo & Company raised their price target on Mettler-Toledo International from $1,350.00 to $1,400.00 and gave the company an "equal weight" rating in a report on Monday, February 10th. Finally, Robert W. Baird boosted their price objective on Mettler-Toledo International from $1,362.00 to $1,369.00 and gave the stock a "neutral" rating in a report on Monday, February 10th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and three have given a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $1,380.50.

Insider Buying and Selling at Mettler-Toledo International

In other news, insider Gerry Keller sold 600 shares of the firm's stock in a transaction dated Monday, February 10th. The shares were sold at an average price of $1,351.34, for a total value of $810,804.00. Following the completion of the sale, the insider now directly owns 6 shares of the company's stock, valued at approximately $8,108.04. This trade represents a 99.01 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Christian Magloth sold 790 shares of Mettler-Toledo International stock in a transaction dated Monday, February 24th. The shares were sold at an average price of $1,313.69, for a total transaction of $1,037,815.10. Following the sale, the insider now directly owns 734 shares in the company, valued at $964,248.46. The trade was a 51.84 % decrease in their position. The disclosure for this sale can be found here. 1.94% of the stock is currently 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.