198 Shares in Mettler-Toledo International Inc. (NYSE:MTD) Bought by Hantz Financial Services Inc.

Hantz Financial Services Inc. purchased a new position in Mettler-Toledo International Inc. (NYSE:MTD) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 198 shares of the medical instruments supplier’s stock, valued at approximately $277,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in MTD. International Assets Investment Management LLC purchased a new position in Mettler-Toledo International during the second quarter valued at $84,000. Sumitomo Mitsui DS Asset Management Company Ltd lifted its position in Mettler-Toledo International by 1.0% during the second quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 2,071 shares of the medical instruments supplier’s stock valued at $2,894,000 after buying an additional 21 shares during the period. iA Global Asset Management Inc. lifted its position in Mettler-Toledo International by 2.2% during the second quarter. iA Global Asset Management Inc. now owns 74,362 shares of the medical instruments supplier’s stock valued at $103,928,000 after buying an additional 1,566 shares during the period. Boston Financial Mangement LLC lifted its position in Mettler-Toledo International by 0.7% during the second quarter. Boston Financial Mangement LLC now owns 6,613 shares of the medical instruments supplier’s stock valued at $9,242,000 after buying an additional 46 shares during the period. Finally, Signaturefd LLC lifted its position in Mettler-Toledo International by 9.6% during the second quarter. Signaturefd LLC now owns 468 shares of the medical instruments supplier’s stock valued at $654,000 after buying an additional 41 shares during the period. Hedge funds and other institutional investors own 95.07% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have commented on the company. Jefferies Financial Group reissued an “underperform” rating and set a $1,250.00 price objective (up previously from $1,230.00) on shares of Mettler-Toledo International in a research report on Monday, June 3rd. JPMorgan Chase & Co. raised their price objective on Mettler-Toledo International from $1,300.00 to $1,400.00 and gave the company a “neutral” rating in a research report on Monday, August 5th. Robert W. Baird raised their price objective on Mettler-Toledo International from $1,212.00 to $1,360.00 and gave the company a “neutral” rating in a research report on Monday, May 13th. The Goldman Sachs Group lifted their price target on Mettler-Toledo International from $1,150.00 to $1,300.00 and gave the stock a “neutral” rating in a research report on Tuesday, July 9th. Finally, StockNews.com raised Mettler-Toledo International from a “hold” rating to a “buy” rating in a research report on Thursday, July 11th. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and two have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Mettler-Toledo International has a consensus rating of “Hold” and a consensus target price of $1,356.25.

Insider Buying and Selling

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

Mettler-Toledo International Price Performance

MTD opened at $1,439.08 on Monday. The stock has a 50-day moving average price of $1,401.17 and a 200-day moving average price of $1,358.36. The firm has a market cap of $30.73 billion, a PE ratio of 40.36, a P/E/G ratio of 3.84 and a beta of 1.17. Mettler-Toledo International Inc. has a 1 year low of $928.49 and a 1 year high of $1,546.93.

Mettler-Toledo International (NYSE:MTD) last released its quarterly earnings data on Thursday, August 1st. The medical instruments supplier reported $9.65 EPS for the quarter, topping the consensus estimate of $9.00 by $0.65. Mettler-Toledo International had a negative return on equity of 575.61% and a net margin of 20.95%. The company had revenue of $946.75 million during the quarter, compared to the consensus estimate of $929.13 million. During the same period last year, the company earned $10.19 EPS. Mettler-Toledo International’s revenue for the quarter was down 3.6% on a year-over-year basis. As a group, sell-side analysts anticipate that Mettler-Toledo International Inc. will post 40.35 EPS for the current year.

About Mettler-Toledo International

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.Its industrial instruments comprise industrial weighing instruments and related terminals, automatic dimensional measurement and data capture solutions, vehicle scale systems, industrial software, metal detection equipment, x-ray systems, check weighing equipment, camera-based imaging equipment, track-and-trace solutions, and product inspection systems.