370 Shares in Mettler-Toledo International Inc. (NYSE:MTD) Purchased by Semanteon Capital Management LP

Semanteon Capital Management LP bought a new stake in Mettler-Toledo International Inc. (NYSE:MTD - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 370 shares of the medical instruments supplier's stock, valued at approximately $453,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in MTD. Farther Finance Advisors LLC raised its holdings in shares of Mettler-Toledo International by 14.3% during the 4th 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. Townsquare Capital LLC lifted its holdings in shares of Mettler-Toledo International by 2.0% in the third quarter. Townsquare Capital LLC now owns 462 shares of the medical instruments supplier's stock worth $693,000 after acquiring an additional 9 shares during the last quarter. M3 Advisory Group LLC boosted its stake in shares of Mettler-Toledo International by 5.8% in the 4th quarter. M3 Advisory Group LLC now owns 165 shares of the medical instruments supplier's stock valued at $202,000 after purchasing an additional 9 shares in the last quarter. Apollon Wealth Management LLC grew its holdings in shares of Mettler-Toledo International by 2.5% during the 4th quarter. Apollon Wealth Management LLC now owns 368 shares of the medical instruments supplier's stock valued at $451,000 after purchasing an additional 9 shares during the last quarter. Finally, Steward Partners Investment Advisory LLC increased its position in Mettler-Toledo International by 3.0% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 306 shares of the medical instruments supplier's stock worth $374,000 after purchasing an additional 9 shares in the last quarter. 95.07% of the stock is currently owned by institutional investors and hedge funds.

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Mettler-Toledo International Stock Down 0.8 %

Shares of Mettler-Toledo International stock traded down $9.56 during trading on Tuesday, hitting $1,202.50. 18,747 shares of the stock traded hands, compared to its average volume of 127,553. The stock has a market cap of $25.06 billion, a price-to-earnings ratio of 29.64, a PEG ratio of 3.30 and a beta of 1.15. Mettler-Toledo International Inc. has a 52 week low of $1,142.91 and a 52 week high of $1,546.93. The firm's fifty day moving average is $1,291.57 and its 200-day moving average is $1,308.45.

Mettler-Toledo International (NYSE:MTD - Get Free Report) last posted its quarterly earnings results on Thursday, February 13th. The medical instruments supplier reported $12.41 earnings per share (EPS) for the quarter, beating the consensus estimate 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, analysts forecast that Mettler-Toledo International Inc. will post 42.71 earnings per share for the current fiscal year.

Analyst Ratings Changes

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

Insider Buying and Selling

In other Mettler-Toledo International news, insider Christian Magloth sold 790 shares of the firm's stock in a transaction on Monday, February 24th. The shares were sold at an average price of $1,313.69, for a total value of $1,037,815.10. Following the sale, the insider now owns 734 shares of the company's stock, valued at $964,248.46. This trade represents a 51.84 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Gerry Keller sold 600 shares of the company's stock in a transaction dated Monday, February 10th. The shares were sold at an average price of $1,351.34, for a total transaction of $810,804.00. Following the transaction, 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 ownership of the stock. The disclosure for this sale can be found here. 1.94% of the stock is owned by corporate insiders.

Mettler-Toledo International 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.