Mettler-Toledo International Inc. (NYSE:MTD) Director Wah-Hui Chu sold 300 shares of the company’s stock in a transaction dated Friday, May 17th. The stock was sold at an average price of $740.00, for a total value of $222,000.00. Following the completion of the transaction, the director now directly owns 3,154 shares of the company’s stock, valued at approximately $2,333,960. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

Wah-Hui Chu also recently made the following trade(s):

  • On Friday, March 1st, Wah-Hui Chu sold 1,000 shares of Mettler-Toledo International stock. The stock was sold at an average price of $692.50, for a total value of $692,500.00.

Shares of MTD opened at $724.08 on Thursday. Mettler-Toledo International Inc. has a 12-month low of $500.74 and a 12-month high of $762.90. The company has a quick ratio of 0.97, a current ratio of 1.37 and a debt-to-equity ratio of 1.80. The stock has a market capitalization of $17.77 billion, a price-to-earnings ratio of 35.63, a PEG ratio of 2.30 and a beta of 1.33.

Mettler-Toledo International (NYSE:MTD) last issued its earnings results on Thursday, May 9th. The medical instruments supplier reported $4.10 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.06 by $0.04. Mettler-Toledo International had a return on equity of 95.67% and a net margin of 17.98%. The business had revenue of $679.50 million during the quarter, compared to analysts’ expectations of $673.55 million. During the same quarter in the prior year, the firm earned $3.74 EPS. The business’s revenue for the quarter was up 2.8% compared to the same quarter last year. As a group, research analysts forecast that Mettler-Toledo International Inc. will post 22.7 earnings per share for the current fiscal year.

MTD has been the subject of a number of recent research reports. Zacks Investment Research cut Mettler-Toledo International from a “buy” rating to a “hold” rating in a report on Thursday, May 16th. ValuEngine raised Mettler-Toledo International from a “hold” rating to a “buy” rating in a report on Thursday, January 24th. Barclays reaffirmed a “hold” rating on shares of Mettler-Toledo International in a report on Wednesday, May 15th. Finally, Bank of America reaffirmed a “neutral” rating and issued a $755.00 target price (up previously from $725.00) on shares of Mettler-Toledo International in a report on Tuesday, April 16th. One research analyst has rated the stock with a sell rating and seven have issued a hold rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of $658.80.

Hedge funds have recently modified their holdings of the company. Nordea Investment Management AB increased its stake in shares of Mettler-Toledo International by 65.0% in the fourth quarter. Nordea Investment Management AB now owns 37,599 shares of the medical instruments supplier’s stock valued at $21,266,000 after buying an additional 14,805 shares during the period. Gulf International Bank UK Ltd increased its stake in shares of Mettler-Toledo International by 11.3% in the first quarter. Gulf International Bank UK Ltd now owns 6,337 shares of the medical instruments supplier’s stock valued at $4,581,000 after buying an additional 641 shares during the period. Legal & General Group Plc increased its stake in shares of Mettler-Toledo International by 2.2% in the third quarter. Legal & General Group Plc now owns 122,899 shares of the medical instruments supplier’s stock valued at $74,842,000 after buying an additional 2,701 shares during the period. Fiera Capital Corp increased its stake in shares of Mettler-Toledo International by 4.2% in the fourth quarter. Fiera Capital Corp now owns 704,726 shares of the medical instruments supplier’s stock valued at $398,579,000 after buying an additional 28,271 shares during the period. Finally, Wetherby Asset Management Inc. increased its stake in shares of Mettler-Toledo International by 2.8% in the fourth quarter. Wetherby Asset Management Inc. now owns 891 shares of the medical instruments supplier’s stock valued at $504,000 after buying an additional 24 shares during the period. 95.75% of the stock is owned by institutional investors.

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About Mettler-Toledo International

Mettler-Toledo International Inc manufactures and supplies precision instruments and services worldwide. The company operates in five segments: U.S. Operations, Swiss Operations, Western European Operations, Chinese Operations, and Other. It offers weighing instruments for laboratory, industrial, packaging, logistics, and food retailing applications; various related analytical instruments and provides automated chemistry solutions used in drug and chemical compound discovery and development; metal detection and other end-of-line product inspection systems used in production and packaging for food processing and packaging, pharmaceutical, packaged consumer goods, and other industries; and solutions that are used in various process analytics applications.

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