Signaturefd LLC Has $474,000 Stock Holdings in Mettler-Toledo International Inc. (NYSE:MTD)

Signaturefd LLC grew its holdings in Mettler-Toledo International Inc. (NYSE:MTD) by 18.5% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 391 shares of the medical instruments supplier’s stock after buying an additional 61 shares during the quarter. Signaturefd LLC’s holdings in Mettler-Toledo International were worth $474,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Caprock Group LLC boosted its holdings 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 bought a new position in Mettler-Toledo International in the fourth quarter valued at about $1,419,000. TD Asset Management Inc boosted its holdings in Mettler-Toledo International by 2.9% in the third quarter. TD Asset Management Inc now owns 41,643 shares of the medical instruments supplier’s stock valued at $46,143,000 after acquiring an additional 1,180 shares during the last quarter. Atlantic Union Bankshares Corp boosted its holdings in Mettler-Toledo International by 7.1% in the fourth quarter. Atlantic Union Bankshares Corp now owns 1,247 shares of the medical instruments supplier’s stock valued at $1,513,000 after acquiring an additional 83 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. bought a new position in Mettler-Toledo International in the third quarter valued at about $3,743,000. Institutional investors own 95.07% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on MTD shares. StockNews.com cut Mettler-Toledo International from a “buy” rating to a “hold” rating in a report on Thursday, April 18th. Evercore ISI raised their target price on Mettler-Toledo International from $1,200.00 to $1,300.00 and gave the stock an “in-line” rating in a report on Thursday, April 4th. One research analyst has rated the stock with a sell rating, four have given a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $1,233.25.

Insider Activity at Mettler-Toledo International

In related news, Director Elisha W. Finney sold 251 shares of Mettler-Toledo International stock in a transaction that occurred on Monday, February 12th. The stock was sold at an average price of $1,177.35, for a total value of $295,514.85. Following the sale, the director now owns 316 shares of the company’s stock, valued at approximately $372,042.60. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. In other Mettler-Toledo International news, Director Elisha W. Finney sold 251 shares of the business’s stock in a transaction that occurred on Monday, February 12th. The stock was sold at an average price of $1,177.35, for a total transaction of $295,514.85. Following the transaction, the director now owns 316 shares of the company’s stock, valued at approximately $372,042.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, 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 transaction, the insider now directly owns 734 shares in the company, valued at approximately $938,587.82. The disclosure for this sale can be found here. In the last quarter, insiders have sold 951 shares of company stock valued at $1,170,256. 1.94% of the stock is owned by insiders.

Mettler-Toledo International Price Performance

NYSE MTD opened at $1,235.37 on Thursday. The stock’s 50-day moving average is $1,272.58 and its 200-day moving average is $1,174.53. Mettler-Toledo International Inc. has a one year low of $928.49 and a one year high of $1,565.00. The firm has a market cap of $26.42 billion, a P/E ratio of 34.42, a P/E/G ratio of 3.39 and a beta of 1.15.

Mettler-Toledo International (NYSE:MTD) last announced its earnings results on Friday, February 9th. The medical instruments supplier reported $9.40 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $10.32 by ($0.92). Mettler-Toledo International had a net margin of 20.82% and a negative return on equity of 904.59%. The firm had revenue of $934.90 million during the quarter, compared to analyst estimates of $959.45 million. During the same period in the prior year, the business posted $12.10 EPS. The firm’s quarterly revenue was down 11.6% compared to the same quarter last year. Equities analysts anticipate that Mettler-Toledo International Inc. will post 39.9 EPS for the current year.

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.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.