Mettler (MTD) Holder Davis R M Has Trimmed Its Position by $3.74 Million as Stock Value Rose; New Mountain Finance Cor (NMFC) Shareholder Muzinich & Company Lifted Its Position by $3.28 Million as Valuation Declined

February 20, 2018 - By Steve Bissell

Davis R M Inc decreased its stake in Mettler (MTD) by 6.96% based on its latest 2017Q3 regulatory filing with the SEC. Davis R M Inc sold 5,978 shares as the company’s stock rose 19.62% with the market. The institutional investor held 79,952 shares of the capital goods company at the end of 2017Q3, valued at $50.06M, down from 85,930 at the end of the previous reported quarter. Davis R M Inc who had been investing in Mettler for a number of months, seems to be less bullish one the $16.08B market cap company. The stock decreased 0.48% or $3.04 during the last trading session, reaching $631.33. About 10,989 shares traded. Mettler-Toledo International Inc. (NYSE:MTD) has risen 55.25% since February 20, 2017 and is uptrending. It has outperformed by 38.55% the S&P500.

Muzinich & Company increased its stake in New Mountain Finance Cor (NMFC) by 6.41% based on its latest 2017Q3 regulatory filing with the SEC. Muzinich & Company bought 234,533 shares as the company’s stock declined 2.69% while stock markets rallied. The institutional investor held 3.89M shares of the company at the end of 2017Q3, valued at $55.44M, up from 3.66 million at the end of the previous reported quarter. Muzinich & Company who had been investing in New Mountain Finance Cor for a number of months, seems to be bullish on the $975.99 million market cap company. The stock decreased 0.19% or $0.025 during the last trading session, reaching $12.875. About 77,088 shares traded. New Mountain Finance Corporation (NYSE:NMFC) has risen 17.77% since February 20, 2017 and is uptrending. It has outperformed by 1.07% the S&P500.

Among 5 analysts covering New Mountain Finance (NYSE:NMFC), 1 have Buy rating, 0 Sell and 4 Hold. Therefore 20% are positive. New Mountain Finance had 8 analyst reports since January 20, 2016 according to SRatingsIntel. Janney Capital reinitiated New Mountain Finance Corporation (NYSE:NMFC) on Wednesday, April 27 with “Neutral” rating. The firm earned “Buy” rating on Wednesday, August 9 by Oppenheimer. Wood maintained it with “Market Perform” rating and $13.50 target in Monday, March 7 report. Keefe Bruyette & Woods maintained it with “Hold” rating and $1500 target in Wednesday, May 31 report. The stock has “Outperform” rating by Robert W. Baird on Wednesday, January 20. Robert W. Baird downgraded New Mountain Finance Corporation (NYSE:NMFC) on Thursday, July 14 to “Neutral” rating. Keefe Bruyette & Woods maintained New Mountain Finance Corporation (NYSE:NMFC) rating on Sunday, July 23. Keefe Bruyette & Woods has “Hold” rating and $1500 target. The firm has “Hold” rating given on Thursday, October 5 by Keefe Bruyette & Woods.

Since December 15, 2017, it had 1 buy, and 0 selling transactions for $41,790 activity.

Muzinich & Company, which manages about $22.20B and $1.01 billion US Long portfolio, decreased its stake in Fs Investment Corp (NYSE:FSIC) by 1.93M shares to 7.74M shares, valued at $65.44M in 2017Q3, according to the filing. It also reduced its holding in Capitala Finance Corp (NASDAQ:CPTA) by 343,454 shares in the quarter, leaving it with 80,397 shares, and cut its stake in Powershares Senior Loan Portfo (BKLN).

Investors sentiment decreased to 1.07 in 2017 Q3. Its down 0.35, from 1.42 in 2017Q2. It dived, as 7 investors sold NMFC shares while 36 reduced holdings. 9 funds opened positions while 37 raised stakes. 28.12 million shares or 2.72% less from 28.90 million shares in 2017Q2 were reported. Product Ptnrs Ltd Llc, New York-based fund reported 33,301 shares. Hightower Advsr Limited Co invested 0.01% in New Mountain Finance Corporation (NYSE:NMFC). Eagle Global Limited Liability Corporation reported 16,808 shares or 0.01% of all its holdings. West Family Invests Inc invested in 287,435 shares or 0.5% of the stock. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Investment Mgmt stated it has 75,310 shares. Bluecrest invested in 12,179 shares. Lpl Fincl Limited Liability Corp stated it has 0% in New Mountain Finance Corporation (NYSE:NMFC). Financial Professionals Inc stated it has 0% of its portfolio in New Mountain Finance Corporation (NYSE:NMFC). 45,294 are owned by Oppenheimer &. Commonwealth Equity Ser Inc, a Massachusetts-based fund reported 28,456 shares. Shelton Cap Mgmt holds 26,800 shares or 0.03% of its portfolio. Glenmede Trust Communication Na reported 16,262 shares. Stifel Financial owns 10,449 shares or 0% of their US portfolio. Manufacturers Life The has 0% invested in New Mountain Finance Corporation (NYSE:NMFC). 26,504 were accumulated by Pinebridge Invs L P.

Davis R M Inc, which manages about $2.84B and $2.42B US Long portfolio, upped its stake in Tjx Cos Inc (NYSE:TJX) by 11,736 shares to 394,346 shares, valued at $29.08 million in 2017Q3, according to the filing. It also increased its holding in Chubb Ltd by 2,654 shares in the quarter, for a total of 220,169 shares, and has risen its stake in Union Pacific Corp (NYSE:UNP).

Since August 22, 2017, it had 0 buys, and 8 sales for $16.09 million activity. 10,105 shares were sold by DONNELLY WILLIAM P, worth $6.19M on Monday, February 12. Magloth Christian had sold 750 shares worth $442,500. $507,535 worth of Mettler-Toledo International Inc. (NYSE:MTD) shares were sold by Kirk Simon. 4,500 shares were sold by Rauch Waldemar, worth $2.76 million on Tuesday, February 13. 300 shares were sold by Vadala Shawn, worth $181,560. Chu Wah-Hui sold $294,580 worth of Mettler-Toledo International Inc. (NYSE:MTD) on Tuesday, August 22.

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 27 analyst reports since August 3, 2015 according to SRatingsIntel. Jefferies maintained Mettler-Toledo International Inc. (NYSE:MTD) on Friday, October 20 with “Hold” rating. The firm earned “Equal-Weight” rating on Friday, October 6 by Morgan Stanley. The rating was downgraded by Bank of America to “Neutral” on Thursday, September 10. The rating was maintained by Robert W. Baird on Monday, February 12 with “Neutral”. The stock of Mettler-Toledo International Inc. (NYSE:MTD) earned “Outperform” rating by Wells Fargo on Thursday, July 13. Robert W. Baird maintained the stock with “Neutral” rating in Friday, November 3 report. The company was maintained on Thursday, August 31 by Jefferies. Citigroup upgraded the stock to “Buy” rating in Friday, February 9 report. The company was upgraded on Tuesday, September 8 by Citigroup. Citigroup downgraded the shares of MTD in report on Thursday, June 23 to “Neutral” rating.

Investors sentiment decreased to 0.84 in Q3 2017. Its down 0.07, from 0.91 in 2017Q2. It turned negative, as 31 investors sold MTD shares while 172 reduced holdings. 47 funds opened positions while 124 raised stakes. 22.26 million shares or 5.12% less from 23.46 million shares in 2017Q2 were reported. Tower Rech Capital Limited Co (Trc) has invested 0.03% of its portfolio in Mettler-Toledo International Inc. (NYSE:MTD). Jane Street Ltd Liability Corporation accumulated 723 shares. Apg Asset Mgmt Nv owns 0.06% invested in Mettler-Toledo International Inc. (NYSE:MTD) for 60,502 shares. Ibm Retirement Fund has invested 0.04% in Mettler-Toledo International Inc. (NYSE:MTD). Moreover, Voya Mgmt Limited Liability Corp has 0.02% invested in Mettler-Toledo International Inc. (NYSE:MTD) for 16,365 shares. The Massachusetts-based Ballentine Prtnrs Lc has invested 0.02% in Mettler-Toledo International Inc. (NYSE:MTD). Perigon Wealth Management Llc holds 619 shares. Gemmer Asset Mngmt Lc holds 82 shares. Meeder Asset Mgmt stated it has 0.14% of its portfolio in Mettler-Toledo International Inc. (NYSE:MTD). Cap Ww Investors invested in 0.05% or 373,780 shares. Southeast Asset holds 1,622 shares or 0.32% of its portfolio. Pub Sector Pension Inv Board reported 1,296 shares stake. First Manhattan Communication invested 0% in Mettler-Toledo International Inc. (NYSE:MTD). Acadian Asset Management Ltd Liability invested in 1.59% or 573,459 shares. Zeke Capital Advsr Lc reported 0.03% of its portfolio in Mettler-Toledo International Inc. (NYSE:MTD).

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By1 Steve Bissell

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