Values First Advisors Inc. Buys 29 Shares of Mettler-Toledo International Inc. (NYSE:MTD)

Values First Advisors Inc. lifted its stake in Mettler-Toledo International Inc. (NYSE:MTD) by 2.6% in the fourth quarter, HoldingsChannel.com reports. The fund owned 1,139 shares of the medical instruments supplier’s stock after purchasing an additional 29 shares during the period. Values First Advisors Inc.’s holdings in Mettler-Toledo International were worth $1,382,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. CVA Family Office LLC bought a new stake in Mettler-Toledo International during the fourth quarter valued at approximately $27,000. Gladius Capital Management LP bought a new stake in Mettler-Toledo International during the third quarter valued at approximately $27,000. Ancora Advisors LLC grew its position in Mettler-Toledo International by 100.0% during the first quarter. Ancora Advisors LLC now owns 20 shares of the medical instruments supplier’s stock valued at $31,000 after buying an additional 10 shares during the period. VitalStone Financial LLC bought a new stake in Mettler-Toledo International during the first quarter valued at approximately $37,000. Finally, Operose Advisors LLC bought a new stake in Mettler-Toledo International during the third quarter valued at approximately $43,000. 95.07% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the stock. Citigroup restated a “sell” rating and set a $975.00 target price (down from $1,050.00) on shares of Mettler-Toledo International in a research report on Monday, December 11th. StockNews.com downgraded shares of Mettler-Toledo International from a “buy” rating to a “hold” rating in a report on Saturday, March 23rd. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $1,223.71.

Mettler-Toledo International Stock Down 0.3 %

NYSE:MTD traded down $4.55 during trading hours on Friday, hitting $1,331.29. 94,138 shares of the stock traded hands, compared to its average volume of 143,379. Mettler-Toledo International Inc. has a 1 year low of $928.49 and a 1 year high of $1,615.97. The company has a market cap of $28.47 billion, a price-to-earnings ratio of 37.09, a price-to-earnings-growth ratio of 3.65 and a beta of 1.15. The stock has a 50 day moving average price of $1,244.51 and a 200 day moving average price of $1,151.97.

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

Insider Transactions at Mettler-Toledo International

In other news, insider Christian Magloth sold 400 shares of the business’s stock in a transaction on Monday, March 4th. The shares were sold at an average price of $1,278.73, for a total value of $511,492.00. Following the transaction, the insider now owns 734 shares of the company’s stock, valued at $938,587.82. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. In other news, insider Christian Magloth sold 400 shares of the business’s stock in a transaction on Monday, March 4th. The shares were sold at an average price of $1,278.73, for a total value of $511,492.00. Following the transaction, the insider now owns 734 shares of the company’s stock, valued at $938,587.82. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director Elisha W. Finney sold 251 shares of the business’s stock in a transaction 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 completion of the transaction, the director now directly owns 316 shares in the company, valued at approximately $372,042.60. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 951 shares of company stock valued at $1,170,256. 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.