Mettler-Toledo International, Inc. (MTD) Position Held by Virginia Retirement Systems ET AL

Virginia Retirement Systems ET AL continued to hold its stake in Mettler-Toledo International, Inc. (NYSE:MTD) during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 42,500 shares of the medical instruments supplier’s stock at the end of the first quarter. Virginia Retirement Systems ET AL owned 0.16% of Mettler-Toledo International worth $20,354,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of MTD. Van ECK Associates Corp boosted its stake in Mettler-Toledo International by 0.9% in the fourth quarter. Van ECK Associates Corp now owns 471 shares of the medical instruments supplier’s stock valued at $197,000 after buying an additional 4 shares during the period. Ladenburg Thalmann Financial Services Inc. boosted its stake in Mettler-Toledo International by 2.0% in the fourth quarter. Ladenburg Thalmann Financial Services Inc. now owns 465 shares of the medical instruments supplier’s stock valued at $195,000 after buying an additional 9 shares during the period. Mn Services Vermogensbeheer B.V. boosted its position in shares of Mettler-Toledo International by 2.0% in the first quarter. Mn Services Vermogensbeheer B.V. now owns 700 shares of the medical instruments supplier’s stock worth $313,000 after buying an additional 14 shares during the last quarter. Wetherby Asset Management Inc. boosted its position in shares of Mettler-Toledo International by 1.8% in the first quarter. Wetherby Asset Management Inc. now owns 803 shares of the medical instruments supplier’s stock worth $385,000 after buying an additional 14 shares during the last quarter. Finally, YorkBridge Wealth Partners LLC boosted its position in shares of Mettler-Toledo International by 11.0% in the first quarter. YorkBridge Wealth Partners LLC now owns 222 shares of the medical instruments supplier’s stock worth $115,000 after buying an additional 22 shares during the last quarter. Institutional investors and hedge funds own 96.78% of the company’s stock.

Institutional Ownership by Quarter for Mettler-Toledo International (NYSE:MTD)

Mettler-Toledo International, Inc. (MTD) opened at 587.38 on Friday. The firm has a 50-day moving average price of $565.87 and a 200 day moving average price of $482.50. The stock has a market capitalization of $15.17 billion, a price-to-earnings ratio of 38.32 and a beta of 1.10. Mettler-Toledo International, Inc. has a 52-week low of $343.61 and a 52-week high of $604.99.

Mettler-Toledo International (NYSE:MTD) last issued its quarterly earnings data on Thursday, May 4th. The medical instruments supplier reported $3.34 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $3.08 by $0.26. The firm had revenue of $594.57 million during the quarter, compared to analysts’ expectations of $571.30 million. Mettler-Toledo International had a net margin of 16.04% and a return on equity of 90.28%. Mettler-Toledo International’s revenue for the quarter was up 10.2% on a year-over-year basis. During the same period in the prior year, the company posted $2.46 earnings per share. On average, equities research analysts predict that Mettler-Toledo International, Inc. will post $17.19 EPS for the current year.

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MTD has been the topic of a number of research analyst reports. Cleveland Research upgraded Mettler-Toledo International from a “neutral” rating to a “buy” rating in a report on Wednesday, April 19th. Zacks Investment Research upgraded Mettler-Toledo International from a “hold” rating to a “buy” rating and set a $538.00 target price on the stock in a report on Wednesday, April 12th. Bank of America Corporation lifted their target price on Mettler-Toledo International from $590.00 to $630.00 and gave the company a “buy” rating in a report on Wednesday, May 31st. Finally, BidaskClub cut Mettler-Toledo International from a “strong-buy” rating to a “buy” rating in a report on Tuesday. Three investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Mettler-Toledo International presently has an average rating of “Buy” and an average target price of $501.00.

In other Mettler-Toledo International news, Director Wah-Hui Chu sold 500 shares of the company’s stock in a transaction dated Monday, May 22nd. The shares were sold at an average price of $567.00, for a total transaction of $283,500.00. Following the completion of the sale, the director now directly owns 3,243 shares in the company, valued at $1,838,781. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Waldemar Rauch sold 1,100 shares of the company’s stock in a transaction dated Tuesday, June 6th. The shares were sold at an average price of $595.91, for a total transaction of $655,501.00. Following the sale, the insider now owns 3,065 shares of the company’s stock, valued at $1,826,464.15. The disclosure for this sale can be found here. Insiders sold 52,046 shares of company stock valued at $28,826,702 over the last quarter. 5.20% of the stock is currently owned by corporate insiders.

About Mettler-Toledo International

Mettler-Toledo International Inc is a supplier of precision instruments and services. The Company operates through five segments: U.S. Operations, Swiss Operations, Western European Operations, Chinese Operations and Other. The Company manufactures weighing instruments for use in laboratory, industrial, packaging, logistics and food retailing applications.

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