Fuller & Thaler Asset Management Inc. Has $222,000 Holdings in Mettler-Toledo International, Inc. (MTD)

Fuller & Thaler Asset Management Inc. cut its holdings in shares of Mettler-Toledo International, Inc. (NYSE:MTD) by 36.0% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 355 shares of the medical instruments supplier’s stock after selling 200 shares during the quarter. Fuller & Thaler Asset Management Inc.’s holdings in Mettler-Toledo International were worth $222,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of the business. First Personal Financial Services grew its stake in Mettler-Toledo International by 2.8% during the 2nd quarter. First Personal Financial Services now owns 186 shares of the medical instruments supplier’s stock worth $109,000 after buying an additional 5 shares during the last quarter. Sun Life Financial INC grew its stake in Mettler-Toledo International by 2,585.7% during the 2nd quarter. Sun Life Financial INC now owns 188 shares of the medical instruments supplier’s stock worth $111,000 after buying an additional 181 shares during the last quarter. Acrospire Investment Management LLC bought a new position in Mettler-Toledo International during the 2nd quarter worth $118,000. Quantbot Technologies LP bought a new position in Mettler-Toledo International during the 3rd quarter worth $193,000. Finally, CAPROCK Group Inc. bought a new position in Mettler-Toledo International during the 2nd quarter worth $205,000. Institutional investors own 93.38% of the company’s stock.

In other news, CFO Shawn Vadala sold 226 shares of the company’s stock in a transaction on Monday, November 13th. The stock was sold at an average price of $629.36, for a total value of $142,235.36. Following the completion of the sale, the chief financial officer now owns 5,299 shares in the company, valued at $3,334,978.64. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Richard D. Francis acquired 160 shares of the business’s stock in a transaction dated Friday, November 17th. The stock was purchased at an average price of $627.91 per share, with a total value of $100,465.60. Following the acquisition, the director now owns 254 shares of the company’s stock, valued at $159,489.14. The disclosure for this purchase can be found here. In the last 90 days, insiders sold 40,638 shares of company stock valued at $25,510,914. Insiders own 5.20% of the company’s stock.

A number of research analysts recently commented on MTD shares. Morgan Stanley upped their price objective on Mettler-Toledo International from $535.00 to $545.00 and gave the stock an “equal weight” rating in a research note on Friday, November 3rd. Jefferies Group LLC restated a “hold” rating and set a $600.00 price objective on shares of Mettler-Toledo International in a research note on Friday, October 20th. Robert W. Baird boosted their price target on Mettler-Toledo International from $605.00 to $675.00 and gave the stock a “neutral” rating in a research report on Friday, November 3rd. Zacks Investment Research upgraded Mettler-Toledo International from a “hold” rating to a “buy” rating and set a $705.00 price target for the company in a research report on Thursday, September 14th. Finally, Bank of America Corporation boosted their price target on Mettler-Toledo International from $640.00 to $710.00 and gave the stock a “buy” rating in a research report on Monday, October 9th. Five equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. The company currently has an average rating of “Buy” and a consensus target price of $621.57.

Shares of Mettler-Toledo International, Inc. (MTD) traded up $8.67 during mid-day trading on Monday, reaching $635.02. The company’s stock had a trading volume of 48,800 shares, compared to its average volume of 157,101. The company has a quick ratio of 1.11, a current ratio of 1.51 and a debt-to-equity ratio of 2.05. The firm has a market cap of $16,240.00, a price-to-earnings ratio of 37.58, a PEG ratio of 2.90 and a beta of 1.13. Mettler-Toledo International, Inc. has a one year low of $407.87 and a one year high of $694.48.

Mettler-Toledo International (NYSE:MTD) last announced its quarterly earnings data on Thursday, November 2nd. The medical instruments supplier reported $4.36 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $4.32 by $0.04. The business had revenue of $698.80 million during the quarter, compared to analyst estimates of $685.56 million. Mettler-Toledo International had a return on equity of 96.81% and a net margin of 16.44%. The company’s revenue was up 7.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $3.89 earnings per share. analysts predict that Mettler-Toledo International, Inc. will post 17.52 EPS for the current year.

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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.

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

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