Asset Management One Co. Ltd. Has $27.81 Million Holdings in Mettler-Toledo International Inc. (NYSE:MTD)

Asset Management One Co. Ltd. raised its position in shares of Mettler-Toledo International Inc. (NYSE:MTD) by 4.6% in the third quarter, according to its most recent filing with the SEC. The firm owned 18,545 shares of the medical instruments supplier’s stock after purchasing an additional 813 shares during the quarter. Asset Management One Co. Ltd. owned approximately 0.09% of Mettler-Toledo International worth $27,812,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of MTD. Family Firm Inc. acquired a new stake in Mettler-Toledo International in the second quarter worth $25,000. Blue Trust Inc. lifted its holdings in Mettler-Toledo International by 242.9% during the third quarter. Blue Trust Inc. now owns 24 shares of the medical instruments supplier’s stock worth $34,000 after acquiring an additional 17 shares during the period. Rothschild Investment LLC purchased a new stake in Mettler-Toledo International during the second quarter worth about $42,000. Itau Unibanco Holding S.A. bought a new stake in shares of Mettler-Toledo International in the 2nd quarter worth approximately $42,000. Finally, Crewe Advisors LLC lifted its position in shares of Mettler-Toledo International by 244.4% during the 2nd quarter. Crewe Advisors LLC now owns 31 shares of the medical instruments supplier’s stock valued at $43,000 after buying an additional 22 shares during the last quarter. Institutional investors own 95.07% of the company’s stock.

Analyst Upgrades and Downgrades

MTD has been the topic of a number of analyst reports. Wells Fargo & Company started coverage on Mettler-Toledo International in a research note on Tuesday, August 27th. They set an “equal weight” rating and a $1,400.00 price objective on the stock. JPMorgan Chase & Co. raised their price target on Mettler-Toledo International from $1,300.00 to $1,400.00 and gave the stock a “neutral” rating in a research note on Monday, August 5th. StockNews.com raised Mettler-Toledo International from a “hold” rating to a “buy” rating in a research note on Thursday, July 11th. Stifel Nicolaus lifted their price objective on Mettler-Toledo International from $1,510.00 to $1,550.00 and gave the company a “buy” rating in a research note on Monday, August 5th. Finally, The Goldman Sachs Group boosted their price objective on shares of Mettler-Toledo International from $1,150.00 to $1,300.00 and gave the stock a “neutral” rating in a report on Tuesday, July 9th. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the stock. According to data from MarketBeat, Mettler-Toledo International currently has a consensus rating of “Hold” and a consensus target price of $1,363.75.

Insiders Place Their Bets

In related news, insider Christian Magloth sold 1,000 shares of Mettler-Toledo International stock in a transaction on Thursday, August 15th. The shares were sold at an average price of $1,422.97, for a total transaction of $1,422,970.00. Following the transaction, the insider now owns 734 shares in the company, valued at approximately $1,044,459.98. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In other Mettler-Toledo International news, CFO Shawn Vadala sold 250 shares of the business’s stock in a transaction on Wednesday, August 7th. The shares were sold at an average price of $1,401.00, for a total value of $350,250.00. Following the sale, the chief financial officer now owns 4,914 shares in the company, valued at $6,884,514. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Christian Magloth sold 1,000 shares of the firm’s stock in a transaction dated Thursday, August 15th. The shares were sold at an average price of $1,422.97, for a total value of $1,422,970.00. Following the transaction, the insider now owns 734 shares of the company’s stock, valued at approximately $1,044,459.98. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 1.94% of the company’s stock.

Mettler-Toledo International Stock Up 1.6 %

NYSE MTD opened at $1,364.02 on Tuesday. The stock’s 50-day moving average price is $1,402.22 and its 200-day moving average price is $1,398.02. The company has a market capitalization of $28.94 billion, a P/E ratio of 37.53, a price-to-earnings-growth ratio of 3.92 and a beta of 1.16. Mettler-Toledo International Inc. has a 52 week low of $953.28 and a 52 week high of $1,546.93.

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.