407 Shares in Mettler-Toledo International Inc. (NYSE:MTD) Acquired by LVM Capital Management Ltd. MI

LVM Capital Management Ltd. MI purchased a new position in shares of Mettler-Toledo International Inc. (NYSE:MTD) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 407 shares of the medical instruments supplier’s stock, valued at approximately $498,000.

Other large investors also recently modified their holdings of the company. Caprock Group LLC increased its stake in Mettler-Toledo International by 68.8% in the second quarter. Caprock Group LLC now owns 508 shares of the medical instruments supplier’s stock valued at $710,000 after purchasing an additional 207 shares in the last quarter. Quest Partners LLC boosted its holdings in Mettler-Toledo International by 1,650.0% in the second quarter. Quest Partners LLC now owns 105 shares of the medical instruments supplier’s stock worth $147,000 after acquiring an additional 99 shares in the last quarter. Choreo LLC acquired a new stake in Mettler-Toledo International in the second quarter valued at approximately $661,000. Daiwa Securities Group Inc. increased its holdings in shares of Mettler-Toledo International by 29.4% during the second quarter. Daiwa Securities Group Inc. now owns 3,470 shares of the medical instruments supplier’s stock valued at $4,849,000 after acquiring an additional 788 shares in the last quarter. Finally, Meeder Advisory Services Inc. raised its position in shares of Mettler-Toledo International by 42.6% during the second quarter. Meeder Advisory Services Inc. now owns 365 shares of the medical instruments supplier’s stock worth $510,000 after purchasing an additional 109 shares during the period. Institutional investors and hedge funds own 95.07% of the company’s stock.

Mettler-Toledo International Price Performance

Shares of Mettler-Toledo International stock traded down $28.67 during trading hours on Friday, hitting $1,217.84. 72,697 shares of the company’s stock traded hands, compared to its average volume of 104,558. The company has a fifty day simple moving average of $1,253.23 and a 200-day simple moving average of $1,350.06. The stock has a market capitalization of $25.70 billion, a price-to-earnings ratio of 32.83, a PEG ratio of 4.21 and a beta of 1.12. Mettler-Toledo International Inc. has a 12-month low of $1,133.46 and a 12-month high of $1,546.93.

Mettler-Toledo International (NYSE:MTD) last announced its quarterly earnings data on Thursday, November 7th. The medical instruments supplier reported $10.21 EPS for the quarter, topping the consensus estimate of $10.00 by $0.21. Mettler-Toledo International had a net margin of 21.15% and a negative return on equity of 531.78%. The business had revenue of $954.54 million for the quarter, compared to analyst estimates of $941.93 million. On average, analysts forecast that Mettler-Toledo International Inc. will post 40.42 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts have commented on the stock. Wolfe Research assumed coverage on shares of Mettler-Toledo International in a research note on Friday, December 13th. They set a “peer perform” rating for the company. Stifel Nicolaus cut their price target on Mettler-Toledo International from $1,550.00 to $1,450.00 and set a “buy” rating for the company in a research note on Monday, November 11th. Citigroup raised Mettler-Toledo International from a “sell” rating to a “neutral” rating and increased their price objective for the stock from $1,200.00 to $1,300.00 in a research note on Wednesday, December 11th. Evercore ISI raised Mettler-Toledo International from an “in-line” rating to an “outperform” rating and lifted their target price for the company from $1,375.00 to $1,450.00 in a research report on Thursday, January 2nd. Finally, Wells Fargo & Company lowered their price target on Mettler-Toledo International from $1,400.00 to $1,350.00 and set an “equal weight” rating for the company in a research report on Monday, November 11th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Mettler-Toledo International currently has an average rating of “Hold” and a consensus target price of $1,351.25.

Insider Buying and Selling

In related news, Director Elisha W. Finney sold 76 shares of Mettler-Toledo International stock in a transaction that occurred on Monday, November 11th. The shares were sold at an average price of $1,311.75, for a total value of $99,693.00. Following the completion of the transaction, the director now directly owns 240 shares in the company, valued at approximately $314,820. The trade was a 24.05 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Gerry Keller sold 140 shares of the business’s stock in a transaction on Tuesday, December 3rd. The shares were sold at an average price of $1,254.09, for a total transaction of $175,572.60. Following the sale, the insider now directly owns 6 shares in the company, valued at $7,524.54. The trade was a 95.89 % decrease in their position. The disclosure for this sale can be found here. 1.94% of the stock is currently owned by 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.