Old Mutual Global Investors Uk LTD Has Decreased Its Stake in Mettler Toledo International (MTD) as Market Value Rose

October 13, 2018 - By Michael Collier

Mettler-Toledo International Inc. (NYSE:MTD) LogoInvestors sentiment decreased to 0.79 in Q2 2018. Its down 0.01, from 0.8 in 2018Q1. It turned negative, as 56 investors sold MTD shares while 158 reduced holdings. 45 funds opened positions while 124 raised stakes. 22.68 million shares or 1.75% more from 22.29 million shares in 2018Q1 were reported. Lpl Limited Liability owns 2,984 shares for 0% of their portfolio. Washington Com invested in 0% or 2 shares. Colony Gru Ltd Liability Corp holds 396 shares. 21,459 are held by Nordea Invest Mgmt. Oakbrook Invests Limited Liability Company stated it has 2,150 shares or 0.08% of all its holdings. Shine Inv Advisory Services has invested 0.01% in Mettler-Toledo International Inc. (NYSE:MTD). Advisor Prns Lc has invested 0.04% in Mettler-Toledo International Inc. (NYSE:MTD). 10,109 were accumulated by Mitchell Capital Management Com. Brown Brothers Harriman And has invested 0% of its portfolio in Mettler-Toledo International Inc. (NYSE:MTD). Adage Cap Partners Grp Ltd Liability Company, a Massachusetts-based fund reported 33,396 shares. Tiemann Advsrs Ltd Liability Com accumulated 345 shares. Visionary Asset Management owns 0.07% invested in Mettler-Toledo International Inc. (NYSE:MTD) for 359 shares. Moreover, United Automobile Association has 0% invested in Mettler-Toledo International Inc. (NYSE:MTD) for 42,849 shares. Virginia Retirement Systems Et Al has invested 0.05% in Mettler-Toledo International Inc. (NYSE:MTD). 11,304 were accumulated by Bradley Foster And Sargent Ct.

Since May 10, 2018, it had 0 buys, and 18 insider sales for $27.27 million activity. DONNELLY WILLIAM P had sold 3,372 shares worth $1.90M on Thursday, May 17. 2,562 shares were sold by Heidingsfelder Michael, worth $1.51M. On Monday, September 10 SPOERRY ROBERT F sold $1.10M worth of Mettler-Toledo International Inc. (NYSE:MTD) or 1,836 shares. Chu Wah-Hui sold $676,000 worth of stock. Vadala Shawn sold $177,000 worth of stock or 300 shares.

Old Mutual Global Investors Uk Ltd decreased its stake in Mettler Toledo International (MTD) by 18.35% based on its latest 2018Q2 regulatory filing with the SEC. Old Mutual Global Investors Uk Ltd sold 32,192 shares as the company’s stock rose 1.73% with the market. The institutional investor held 143,248 shares of the capital goods company at the end of 2018Q2, valued at $82.89M, down from 175,440 at the end of the previous reported quarter. Old Mutual Global Investors Uk Ltd who had been investing in Mettler Toledo International for a number of months, seems to be less bullish one the $14.07B market cap company. The stock increased 0.67% or $3.7 during the last trading session, reaching $558.15. About 196,245 shares traded or 21.16% up from the average. Mettler-Toledo International Inc. (NYSE:MTD) has declined 4.15% since October 13, 2017 and is downtrending. It has underperformed by 19.77% the S&P500.

Old Mutual Global Investors Uk Ltd, which manages about $14.04B US Long portfolio, upped its stake in Nvr Inc (NYSE:NVR) by 7,842 shares to 53,042 shares, valued at $157.55 million in 2018Q2, according to the filing. It also increased its holding in First Amern Finl Corp (NYSE:FAF) by 75,520 shares in the quarter, for a total of 245,186 shares, and has risen its stake in Centerpoint Energy Inc (NYSE:CNP).

Analysts await Mettler-Toledo International Inc. (NYSE:MTD) to report earnings on November, 1. They expect $4.98 EPS, up 14.22 % or $0.62 from last year’s $4.36 per share. MTD’s profit will be $125.56M for 28.02 P/E if the $4.98 EPS becomes a reality. After $4.65 actual EPS reported by Mettler-Toledo International Inc. for the previous quarter, Wall Street now forecasts 7.10 % EPS growth.

Another recent and important Mettler-Toledo International Inc. (NYSE:MTD) news was published by Benzinga.com which published an article titled: “10 Biggest Price Target Changes For Wednesday” on October 10, 2018.

Mettler-Toledo International Inc. (NYSE:MTD) Ratings Coverage

Among 3 analysts covering Mettler-Toledo Int (NYSE:MTD), 0 have Buy rating, 0 Sell and 3 Hold. Therefore 0 are positive. Mettler-Toledo Int had 4 analyst reports since May 4, 2018 according to SRatingsIntel. The stock of Mettler-Toledo International Inc. (NYSE:MTD) has “Hold” rating given on Friday, May 4 by Deutsche Bank. Morgan Stanley maintained Mettler-Toledo International Inc. (NYSE:MTD) rating on Friday, July 13. Morgan Stanley has “Equal-Weight” rating and $540 target. The company was maintained on Wednesday, October 10 by Morgan Stanley. The firm has “Neutral” rating by JP Morgan given on Friday, July 27.

Mettler-Toledo International Inc. (NYSE:MTD) Institutional Positions Chart

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