Yousif Capital Management LLC Sells 155 Shares of Mettler-Toledo International Inc. (NYSE:MTD)

Yousif Capital Management LLC cut its holdings in shares of Mettler-Toledo International Inc. (NYSE:MTD) by 4.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,086 shares of the medical instruments supplier’s stock after selling 155 shares during the quarter. Yousif Capital Management LLC’s holdings in Mettler-Toledo International were worth $3,776,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of MTD. Blue Trust Inc. raised its stake in Mettler-Toledo International by 242.9% during the 3rd quarter. Blue Trust Inc. now owns 24 shares of the medical instruments supplier’s stock valued at $34,000 after purchasing an additional 17 shares during the last quarter. Ashton Thomas Securities LLC bought a new position in shares of Mettler-Toledo International during the 3rd quarter worth about $37,000. Sound Income Strategies LLC raised its position in shares of Mettler-Toledo International by 4,500.0% during the fourth 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 last quarter. Raleigh Capital Management Inc. lifted its stake in shares of Mettler-Toledo International by 272.7% in the third quarter. Raleigh Capital Management Inc. now owns 41 shares of the medical instruments supplier’s stock valued at $61,000 after buying an additional 30 shares during the period. Finally, Whittier Trust Co. of Nevada Inc. grew its position in Mettler-Toledo International by 60.0% during the third quarter. Whittier Trust Co. of Nevada Inc. now owns 48 shares of the medical instruments supplier’s stock worth $72,000 after buying an additional 18 shares in the last quarter. 95.07% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on MTD shares. 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 report on Monday, November 11th. Wells Fargo & Company lowered their price target on shares of Mettler-Toledo International from $1,400.00 to $1,350.00 and set an “equal weight” rating on the stock in a report on Monday, November 11th. Robert W. Baird reduced their price objective on shares of Mettler-Toledo International from $1,375.00 to $1,310.00 and set a “neutral” rating for the company in a report on Monday, November 11th. Evercore ISI raised shares of Mettler-Toledo International from an “in-line” rating to an “outperform” rating and upped their target price for the company from $1,375.00 to $1,450.00 in a research note on Thursday, January 2nd. Finally, Citigroup upgraded shares of Mettler-Toledo International from a “sell” rating to a “neutral” rating and raised their price target for the stock from $1,200.00 to $1,300.00 in a research note on Wednesday, December 11th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $1,351.25.

Insider Activity

In other Mettler-Toledo International news, Director Elisha W. Finney sold 76 shares of the firm’s stock in a transaction dated 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 sale, the director now owns 240 shares in the company, valued at approximately $314,820. This trade represents a 24.05 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Gerry Keller sold 140 shares of the company’s stock in a transaction that occurred on Tuesday, December 3rd. The stock was sold at an average price of $1,254.09, for a total transaction of $175,572.60. Following the transaction, the insider now owns 6 shares in the company, valued at $7,524.54. The trade was a 95.89 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.94% of the stock is currently owned by corporate insiders.

Mettler-Toledo International Trading Up 2.4 %

Shares of Mettler-Toledo International stock opened at $1,390.00 on Friday. Mettler-Toledo International Inc. has a 1-year low of $1,133.46 and a 1-year high of $1,546.93. The firm’s 50-day moving average price is $1,276.13 and its two-hundred day moving average price is $1,343.24. The stock has a market capitalization of $29.33 billion, a price-to-earnings ratio of 37.48, a P/E/G ratio of 4.83 and a beta of 1.13.

Mettler-Toledo International (NYSE:MTD) last released its quarterly earnings results on Thursday, February 13th. The medical instruments supplier reported $12.41 earnings per share for the quarter, beating analysts’ consensus estimates of $11.76 by $0.65. Mettler-Toledo International had a negative return on equity of 531.78% and a net margin of 21.15%. As a group, equities research analysts predict that Mettler-Toledo International Inc. will post 40.42 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.