Mettler Toledo International (MTD) Market Value Declined While Arrowstreet Capital Limited Partnership Decreased by $20.03 Million Its Holding; Thomaspartners Has Decreased Deere & Co (DE) Stake by $1.24 Million as Valuation Declined

June 15, 2018 - By Winifred Garcia

Mettler-Toledo International Inc. (NYSE:MTD) Logo

Thomaspartners Inc decreased its stake in Deere & Co (DE) by 0.8% based on its latest 2018Q1 regulatory filing with the SEC. Thomaspartners Inc sold 7,970 shares as the company’s stock declined 5.05% with the market. The institutional investor held 983,560 shares of the industrial machinery and components company at the end of 2018Q1, valued at $152.77M, down from 991,530 at the end of the previous reported quarter. Thomaspartners Inc who had been investing in Deere & Co for a number of months, seems to be less bullish one the $48.70 billion market cap company. The stock decreased 2.06% or $3.16 during the last trading session, reaching $150.18. About 3.07 million shares traded or 10.05% up from the average. Deere & Company (NYSE:DE) has risen 29.87% since June 15, 2017 and is uptrending. It has outperformed by 17.30% the S&P500. Some Historical DE News: 21/03/2018 – Tractor maker Deere & Co fears a hit from Trump tariffs and retaliation on US exports; 18/05/2018 – DEERE & CO SAYS COMPANY EQUIPMENT SALES ARE PROJECTED TO INCREASE BY ABOUT 30 PERCENT FOR FISCAL 2018 – SEC FILING; 18/05/2018 – Deere’s ‘Messy Quarter’ Is Out of the Way Says Blair Analyst (Video); 30/05/2018 – MOODY’S AFFIRMS AGCO’S BAA3 DEBT RATING; OUTLOOK IS STABLE; 08/05/2018 – TTM Technologies, Inc. earns recognition as a John Deere “Partner-level Supplier” and Supplier of the Year; 06/04/2018 – KEY INDUSTRIALS FALL AFTER PRESIDENT TRUMP’S LATEST TARIFF PROPOSALS ON CHINA; 09/03/2018 – Deere Closes Above 50-Day Moving Average: Technicals; 18/05/2018 – DEERE SEES FY NET INCOME $2.3B, SAW $2.1B; 18/05/2018 – DEERE CFO CONFIDENT COST REDUCTION ACTIONS TO OFFSET INFLATION; 18/05/2018 – DEERE SAYS RETAIL ORDER BOOK FOR AG `VERY FULL, REALLY STRONG’

Arrowstreet Capital Limited Partnership decreased its stake in Mettler Toledo International (MTD) by 15.38% based on its latest 2018Q1 regulatory filing with the SEC. Arrowstreet Capital Limited Partnership sold 34,830 shares as the company’s stock declined 12.85% with the market. The institutional investor held 191,602 shares of the capital goods company at the end of 2018Q1, valued at $110.18M, down from 226,432 at the end of the previous reported quarter. Arrowstreet Capital Limited Partnership who had been investing in Mettler Toledo International for a number of months, seems to be less bullish one the $15.05B market cap company. The stock decreased 0.05% or $0.3 during the last trading session, reaching $592.7. About 191,138 shares traded. Mettler-Toledo International Inc. (NYSE:MTD) has declined 3.86% since June 15, 2017 and is downtrending. It has underperformed by 16.43% the S&P500. Some Historical MTD News: 08/05/2018 – Mettler-Toledo at Deutsche Bank Health Care Conference Tomorrow; 03/05/2018 – Mettler-Toledo Sees 2018 Adj EPS $20.10-Adj EPS $20.25; 09/05/2018 – Mettler-Toledo Presenting at Bank of America Conference May 15; 19/04/2018 – DJ Mettler-Toledo International Inc, Inst Holders, 1Q 2018 (MTD); 03/05/2018 – Mettler-Toledo 1Q EPS $3.58; 03/05/2018 – METTLER-TOLEDO INTERNATIONAL INC MTD.N – MANAGEMENT ANTICIPATES LOCAL CURRENCY SALES GROWTH IN 2018 WILL BE APPROXIMATELY 6%; 18/03/2018 – Hometown Source: Guthrie, Mettler hope for return trip to state track; 15/03/2018 Orangetheory Fitness Announces Mike Mettler As Senior Vice President Of Domestic Franchise Development; 14/05/2018 – Mettler-Toledo at Bank of America Conference Tomorrow; 10/04/2018 – Mettler-Toledo at Deutsche Bank Health Care Conference May 9

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. Barclays Capital initiated the stock with “Hold” rating in Thursday, January 4 report. Morgan Stanley maintained Mettler-Toledo International Inc. (NYSE:MTD) on Friday, February 9 with “Equal-Weight” rating. The company was upgraded on Friday, February 9 by Citigroup. The company was maintained on Friday, February 9 by Robert W. Baird. On Thursday, June 23 the stock rating was downgraded by Citigroup to “Neutral”. The firm has “Neutral” rating by UBS given on Friday, August 5. Morgan Stanley maintained the stock with “Equal-Weight” rating in Friday, October 6 report. Morgan Stanley maintained the shares of MTD in report on Friday, November 3 with “Equal-Weight” rating. The firm earned “Hold” rating on Thursday, August 31 by Jefferies. The rating was downgraded by Bank of America to “Neutral” on Thursday, September 10.

Arrowstreet Capital Limited Partnership, which manages about $55.30B and $43.60 billion US Long portfolio, upped its stake in Bottomline Tech Del Inc (NASDAQ:EPAY) by 102,217 shares to 501,463 shares, valued at $19.43 million in 2018Q1, according to the filing. It also increased its holding in Berkshire Hathaway Inc Del (BRKB) by 538,154 shares in the quarter, for a total of 2.15 million shares, and has risen its stake in Twenty First Centy Fox Inc (NASDAQ:FOX).

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 $116.55M for 32.28 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.

Another recent and important Mettler-Toledo International Inc. (NYSE:MTD) news was published by Globenewswire.com which published an article titled: “Market Trends Toward New Normal in WisdomTree Investments, ePlus inc, Mettler-Toledo International, Lakeland, EP …” on May 30, 2018.

Since February 12, 2018, it had 0 insider purchases, and 19 sales for $34.73 million activity. Vadala Shawn sold $181,560 worth of stock or 300 shares. On Thursday, February 22 the insider CONTINO FRANCIS A sold $386,698. Chu Wah-Hui also sold $676,000 worth of Mettler-Toledo International Inc. (NYSE:MTD) shares. $1.90M worth of Mettler-Toledo International Inc. (NYSE:MTD) was sold by DONNELLY WILLIAM P on Thursday, May 17. $2.20 million worth of stock was sold by Rauch Waldemar on Friday, March 9. Shares for $1.26M were sold by de la Guerroniere Marc on Thursday, February 15.

Investors sentiment decreased to 0.8 in Q1 2018. Its down 0.18, from 0.98 in 2017Q4. It is negative, as 34 investors sold MTD shares while 181 reduced holdings. 48 funds opened positions while 123 raised stakes. 22.29 million shares or 0.35% more from 22.21 million shares in 2017Q4 were reported. State Treasurer State Of Michigan invested in 7,540 shares. Virginia-based Burney Communications has invested 0.29% in Mettler-Toledo International Inc. (NYSE:MTD). Dorsey Wright & accumulated 0.53% or 6,008 shares. Eqis Capital Mngmt Incorporated reported 359 shares. Amalgamated National Bank & Trust reported 0.06% of its portfolio in Mettler-Toledo International Inc. (NYSE:MTD). 20,796 were reported by Dekabank Deutsche Girozentrale. Headinvest holds 1,165 shares or 0.21% of its portfolio. Brown Brothers Harriman And Communication has invested 0% in Mettler-Toledo International Inc. (NYSE:MTD). Genesee Valley Tru reported 693 shares stake. Michigan-based Ww Asset Mgmt has invested 0.05% in Mettler-Toledo International Inc. (NYSE:MTD). Goldman Sachs owns 363,002 shares or 0.05% of their US portfolio. Lombard Odier Asset Management (Switzerland) Sa accumulated 3,000 shares or 0.18% of the stock. Private Trust Na owns 1,020 shares. Commonwealth Of Pennsylvania Pub School Empls Retrmt System stated it has 2,279 shares. Farmers & Merchants Invs has invested 0% of its portfolio in Mettler-Toledo International Inc. (NYSE:MTD).

Investors sentiment decreased to 0.87 in 2018 Q1. Its down 0.16, from 1.03 in 2017Q4. It dived, as 62 investors sold DE shares while 364 reduced holdings. 89 funds opened positions while 283 raised stakes. 210.24 million shares or 0.17% more from 209.89 million shares in 2017Q4 were reported. Tru Com Of Virginia Va invested 0.1% in Deere & Company (NYSE:DE). North Carolina-based Glob Endowment Management Ltd Partnership has invested 0.05% in Deere & Company (NYSE:DE). Baystate Wealth Limited Liability Corporation holds 243 shares. Davenport And Limited Co reported 9,229 shares. Manchester Cap Mgmt Llc holds 0.04% of its portfolio in Deere & Company (NYSE:DE) for 1,708 shares. Cohen & Steers has 29,637 shares. Hartford Financial Mngmt has invested 0.1% in Deere & Company (NYSE:DE). Nj State Employees Deferred Compensation Plan stated it has 10,000 shares. Hodges Capital Mngmt Incorporated invested in 5,230 shares. Tru Of Toledo Na Oh owns 8,300 shares or 0.34% of their US portfolio. Lloyds Banking Public Ltd Com invested in 0.22% or 182 shares. First Manhattan, a New York-based fund reported 1,631 shares. J Goldman And Limited Partnership owns 9,566 shares for 0.06% of their portfolio. State Street Corp reported 0.16% stake. Ameritas Investment Prns Incorporated accumulated 19,474 shares or 0.15% of the stock.

More important recent Deere & Company (NYSE:DE) news were published by: Benzinga.com which released: “Three Industries Already Using Self-Driving Vehicles” on June 06, 2018, also Seekingalpha.com published article titled: “What To Do With Deere Here”, Investorplace.com published: “Deere & Company Stock Is Ready to Run!” on May 21, 2018. More interesting news about Deere & Company (NYSE:DE) was released by: Seekingalpha.com and their article: “Yes, Deere” with publication date: May 22, 2018.

Thomaspartners Inc, which manages about $4.24B and $13.65 billion US Long portfolio, upped its stake in Tjx Cos Inc New (NYSE:TJX) by 36,669 shares to 1.28M shares, valued at $104.40 million in 2018Q1, according to the filing. It also increased its holding in Parker Hannifin Corp (NYSE:PH) by 15,072 shares in the quarter, for a total of 1.35 million shares, and has risen its stake in At&T Inc (NYSE:T).

Among 30 analysts covering Deere & Company (NYSE:DE), 17 have Buy rating, 2 Sell and 11 Hold. Therefore 57% are positive. Deere & Company had 130 analyst reports since July 27, 2015 according to SRatingsIntel. Stifel Nicolaus maintained the stock with “Buy” rating in Tuesday, April 11 report. The firm earned “Strong Sell” rating on Friday, September 25 by S&P Research. The stock has “Underweight” rating by Barclays Capital on Monday, August 22. On Wednesday, November 18 the stock rating was maintained by Deutsche Bank with “Buy”. The stock has “Neutral” rating by Goldman Sachs on Monday, July 27. The company was upgraded on Tuesday, May 31 by UBS. The firm has “Buy” rating given on Thursday, November 23 by Deutsche Bank. The firm has “Hold” rating given on Monday, August 21 by Deutsche Bank. The rating was maintained by Jefferies with “Hold” on Friday, October 20. Citigroup maintained the shares of DE in report on Wednesday, June 7 with “Buy” rating.

Analysts await Deere & Company (NYSE:DE) to report earnings on August, 17. They expect $2.76 EPS, up 40.10% or $0.79 from last year’s $1.97 per share. DE’s profit will be $895.02M for 13.60 P/E if the $2.76 EPS becomes a reality. After $3.14 actual EPS reported by Deere & Company for the previous quarter, Wall Street now forecasts -12.10% negative EPS growth.

Since January 9, 2018, it had 0 buys, and 7 insider sales for $62.79 million activity. $3.76 million worth of Deere & Company (NYSE:DE) was sold by Field James M.. ALLEN SAMUEL R also sold $44.13 million worth of Deere & Company (NYSE:DE) on Wednesday, February 28. Another trade for 11,235 shares valued at $1.90 million was sold by Guinn Max A. $5.34 million worth of Deere & Company (NYSE:DE) was sold by Gilles Jean H.

Deere & Company (NYSE:DE) Institutional Positions Chart

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