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Letko Brosseau & Associates Raised Holding in Toronto Dominion Bk Ont (TD); As Mettler (MTD) Valuation Declined, Shareholder Northeast Financial Consultants Has Cut Its Stake

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Northeast Financial Consultants Inc decreased its stake in Mettler (MTD) by 64.86% based on its latest 2017Q4 regulatory filing with the SEC. Northeast Financial Consultants Inc sold 600 shares as the company’s stock declined 6.76% with the market. The institutional investor held 325 shares of the capital goods company at the end of 2017Q4, valued at $201,000, down from 925 at the end of the previous reported quarter. Northeast Financial Consultants Inc who had been investing in Mettler for a number of months, seems to be less bullish one the $14.45 billion market cap company. The stock decreased 0.86% or $4.95 during the last trading session, reaching $569.15. About 114,546 shares traded. Mettler-Toledo International Inc. (NYSE:MTD) has risen 19.68% since May 23, 2017 and is uptrending. It has outperformed by 8.13% the S&P500.

Letko Brosseau & Associates Inc increased its stake in Toronto Dominion Bk Ont (TD) by 2.07% based on its latest 2017Q4 regulatory filing with the SEC. Letko Brosseau & Associates Inc bought 134,638 shares as the company’s stock declined 1.92% with the market. The institutional investor held 6.64 million shares of the commercial banks company at the end of 2017Q4, valued at $390.10 million, up from 6.50 million at the end of the previous reported quarter. Letko Brosseau & Associates Inc who had been investing in Toronto Dominion Bk Ont for a number of months, seems to be bullish on the $108.39 billion market cap company. The stock decreased 0.88% or $0.5193 during the last trading session, reaching $58.6707. About 573,313 shares traded. The Toronto-Dominion Bank (NYSE:TD) has risen 15.54% since May 23, 2017 and is uptrending. It has outperformed by 3.99% the S&P500.

Since February 12, 2018, it had 0 insider purchases, and 15 sales for $29.00 million activity. DONNELLY WILLIAM P also sold $6.19 million worth of Mettler-Toledo International Inc. (NYSE:MTD) shares. 3,568 Mettler-Toledo International Inc. (NYSE:MTD) shares with value of $2.20 million were sold by Rauch Waldemar. SPOERRY ROBERT F sold $1.28 million worth of stock. Another trade for 3,000 shares valued at $1.77M was sold by Heidingsfelder Michael. Vadala Shawn also sold $181,560 worth of Mettler-Toledo International Inc. (NYSE:MTD) shares. On Thursday, May 17 Chu Wah-Hui sold $1.62 million worth of Mettler-Toledo International Inc. (NYSE:MTD) or 2,850 shares.

Analysts await Mettler-Toledo International Inc. (NYSE:MTD) to report earnings on July, 26. They expect $4.59 earnings per share, up 17.09% or $0.67 from last year’s $3.92 per share. MTD’s profit will be $116.55 million for 31.00 P/E if the $4.59 EPS becomes a reality. After $3.74 actual earnings per share reported by Mettler-Toledo International Inc. for the previous quarter, Wall Street now forecasts 22.73% EPS growth.

Investors sentiment increased to 0.98 in 2017 Q4. Its up 0.14, from 0.84 in 2017Q3. It is positive, as 21 investors sold MTD shares while 179 reduced holdings. 58 funds opened positions while 137 raised stakes. 22.21 million shares or 0.20% less from 22.26 million shares in 2017Q3 were reported. Cwm Ltd Liability holds 0% of its portfolio in Mettler-Toledo International Inc. (NYSE:MTD) for 41 shares. 711 were accumulated by First Republic Investment Mngmt Inc. Aureus Asset Mgmt Lc has 720 shares. 20,785 were accumulated by Tirschwell Loewy. West Virginia-based Wesbanco Bankshares Incorporated has invested 0.03% in Mettler-Toledo International Inc. (NYSE:MTD). Parkside Comml Bank And Tru invested in 4 shares or 0% of the stock. Moreover, Eulav Asset Mgmt has 1.61% invested in Mettler-Toledo International Inc. (NYSE:MTD) for 54,900 shares. Columbia Asset holds 0.2% or 1,149 shares in its portfolio. Pub Employees Retirement Of Ohio invested in 56,728 shares or 0.17% of the stock. British Columbia Investment Mngmt has invested 0.11% in Mettler-Toledo International Inc. (NYSE:MTD). Rafferty Asset Management Lc invested in 0.01% or 1,298 shares. Shell Asset Mngmt stated it has 5,874 shares. Seaward Partnership holds 0.02% or 800 shares. Amundi Pioneer Asset Management has invested 0.05% in Mettler-Toledo International Inc. (NYSE:MTD). 1832 Asset L P, Ontario – Canada-based fund reported 2,312 shares.

More news for Mettler-Toledo International Inc. (NYSE:MTD) were recently published by: Seekingalpha.com, which released: “Mettler-Toledo International (MTD) Q1 2018 Results – Earnings Call Transcript” on May 04, 2018. Seekingalpha.com‘s article titled: “Mettler Toledo: Still Not Attractive Enough” and published on May 08, 2018 is yet another important article.

Northeast Financial Consultants Inc, which manages about $2.86 billion and $300.91M US Long portfolio, upped its stake in Pfizer Inc (NYSE:PFE) by 18,347 shares to 1.33M shares, valued at $48.21M in 2017Q4, according to the filing. It also increased its holding in Enterprise Product Partners Lp (NYSE:EPD) by 19,900 shares in the quarter, for a total of 142,500 shares, and has risen its stake in Apple Computer Inc (NASDAQ:AAPL).

Among 11 analysts covering Mettler-toledo International Inc. (NYSE:MTD), 4 have Buy rating, 0 Sell and 7 Hold. Therefore 36% are positive. Mettler-toledo International Inc. had 30 analyst reports since August 3, 2015 according to SRatingsIntel. The rating was maintained by Bank of America on Monday, October 9 with “Buy”. As per Thursday, March 1, the company rating was maintained by Deutsche Bank. The firm earned “Buy” rating on Friday, February 9 by Citigroup. Morgan Stanley maintained Mettler-Toledo International Inc. (NYSE:MTD) on Friday, October 6 with “Equal-Weight” rating. The rating was downgraded by Bank of America to “Neutral” on Thursday, September 10. The rating was upgraded by Wells Fargo on Thursday, July 13 to “Outperform”. On Thursday, January 4 the stock rating was initiated by Barclays Capital with “Hold”. Robert W. Baird maintained Mettler-Toledo International Inc. (NYSE:MTD) rating on Friday, November 3. Robert W. Baird has “Neutral” rating and $675 target. On Tuesday, September 26 the stock rating was initiated by Goldman Sachs with “Buy”. The firm has “Equal-Weight” rating by Morgan Stanley given on Friday, February 9.

More notable recent The Toronto-Dominion Bank (NYSE:TD) news were published by: Fool.ca which released: “Where Investors Can Find the Best Dividend-Paying Bank” on May 22, 2018, also Fool.ca with their article: “2 Top Canadian Dividend Stocks to Start Your TFSA Retirement Plan” published on May 14, 2018, Fool.ca published: “3 Top Dividend Stocks for Your Income Portfolio” on May 20, 2018. More interesting news about The Toronto-Dominion Bank (NYSE:TD) were released by: Fool.ca and their article: “TFSA Investors: Should Toronto-Dominion Bank Be a Top Pick?” published on May 21, 2018 as well as Fool.ca‘s news article titled: “TFSA Bargain Hunters: Why it’s Time to Load Up on Toronto-Dominion Bank Before the “Sale” Ends” with publication date: April 27, 2018.

Letko Brosseau & Associates Inc, which manages about $24.00B and $11.40 billion US Long portfolio, decreased its stake in Manulife Finl Corp (NYSE:MFC) by 361,221 shares to 17.85 million shares, valued at $373.60M in 2017Q4, according to the filing. It also reduced its holding in Biogen Inc (NASDAQ:BIIB) by 4,290 shares in the quarter, leaving it with 213,513 shares, and cut its stake in Adient Plc.

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

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