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William Blair Investment Management cut its shares of Mettler-Toledo by 3.6%, despite the company's strong earnings.
William Blair Investment Management LLC reduced its stake in Mettler-Toledo International Inc. (NYSE: MTD) by 3.6% in the fourth quarter, selling 62 shares and now holding 1,667 shares valued at $2,040,000.
Mettler-Toledo reported earnings of $12.41 per share for the last quarter, exceeding expectations.
The company, which manufactures precision instruments and services, has a market cap of $25.54 billion and is rated "Hold" with a $1,380.50 target price.
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William Blair Investment Management redujo sus acciones de Mettler-Toledo en un 3,6%, a pesar de las fuertes ganancias de la compañía.