Whittier Trust Co. of Nevada Inc. Has $37,000 Holdings in Mettler-Toledo International Inc. (NYSE:MTD)

Whittier Trust Co. of Nevada Inc. decreased its holdings in Mettler-Toledo International Inc. (NYSE:MTD) by 37.5% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 30 shares of the medical instruments supplier’s stock after selling 18 shares during the quarter. Whittier Trust Co. of Nevada Inc.’s holdings in Mettler-Toledo International were worth $37,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of MTD. SBI Securities Co. Ltd. bought a new stake in shares of Mettler-Toledo International during the 4th quarter valued at $33,000. Blue Trust Inc. lifted its position in Mettler-Toledo International by 70.8% during the fourth 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 acquired a new stake in Mettler-Toledo International during the fourth quarter worth about $54,000. Sound Income Strategies LLC increased its holdings in Mettler-Toledo International by 4,500.0% in 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 during the period. Finally, Itau Unibanco Holding S.A. raised its position in shares of Mettler-Toledo International by 80.0% in the 3rd quarter. Itau Unibanco Holding S.A. now owns 54 shares of the medical instruments supplier’s stock valued at $81,000 after buying an additional 24 shares in the last quarter. Institutional investors own 95.07% of the company’s stock.

Mettler-Toledo International Stock Performance

MTD stock opened at $1,211.71 on Tuesday. The company has a market capitalization of $25.25 billion, a P/E ratio of 29.90, a PEG ratio of 3.30 and a beta of 1.15. The company has a fifty day moving average price of $1,291.57 and a 200-day moving average price of $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) last announced its earnings results on Thursday, February 13th. The medical instruments supplier reported $12.41 EPS for the quarter, topping the consensus estimate of $11.76 by $0.65. Mettler-Toledo International had a negative return on equity of 591.54% and a net margin of 22.29%. As a group, sell-side analysts forecast that Mettler-Toledo International Inc. will post 42.71 earnings per share for the current fiscal year.

Insider Activity at Mettler-Toledo International

In related news, insider Christian Magloth sold 790 shares of the company’s stock in a transaction dated Monday, February 24th. The stock was sold at an average price of $1,313.69, for a total transaction of $1,037,815.10. Following the sale, the insider now owns 734 shares in the company, valued at $964,248.46. This represents a 51.84 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Gerry Keller sold 600 shares of the stock in a transaction that occurred on Monday, February 10th. The stock was sold at an average price of $1,351.34, for a total value of $810,804.00. Following the completion of the transaction, the insider now owns 6 shares in the company, valued at approximately $8,108.04. The trade was a 99.01 % decrease in their position. The disclosure for this sale can be found here. 1.94% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several analysts recently issued reports on MTD shares. Wolfe Research began coverage on shares of Mettler-Toledo International in a research note on Friday, December 13th. They issued a “peer perform” rating on the stock. Evercore ISI boosted their price target on Mettler-Toledo International from $1,450.00 to $1,475.00 and gave the stock an “outperform” rating in a report on Monday, February 10th. Wells Fargo & Company raised their price objective on 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. Robert W. Baird boosted 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 note on Monday, February 10th. Finally, Citigroup reduced their price target 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. 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 an average target price of $1,380.50.

Mettler-Toledo International Company 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.