Dimensional Fund Advisors LP lifted its position in shares of Balchem Corporation (NASDAQ:BCPC) by 1.2% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 723,504 shares of the basic materials company’s stock after buying an additional 8,869 shares during the period. Dimensional Fund Advisors LP owned approximately 2.27% of Balchem Corporation worth $56,223,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently made changes to their positions in the company. Virtu KCG Holdings LLC increased its holdings in shares of Balchem Corporation by 21.9% during the 2nd quarter. Virtu KCG Holdings LLC now owns 3,079 shares of the basic materials company’s stock worth $239,000 after buying an additional 553 shares during the last quarter. Parametric Portfolio Associates LLC increased its holdings in shares of Balchem Corporation by 23.0% during the 2nd quarter. Parametric Portfolio Associates LLC now owns 42,172 shares of the basic materials company’s stock worth $3,277,000 after buying an additional 7,872 shares during the last quarter. Suntrust Banks Inc. increased its holdings in shares of Balchem Corporation by 3.2% during the 2nd quarter. Suntrust Banks Inc. now owns 5,223 shares of the basic materials company’s stock worth $405,000 after buying an additional 161 shares during the last quarter. California Public Employees Retirement System increased its holdings in shares of Balchem Corporation by 4.1% during the 2nd quarter. California Public Employees Retirement System now owns 74,300 shares of the basic materials company’s stock worth $5,774,000 after buying an additional 2,900 shares during the last quarter. Finally, Vanguard Group Inc. increased its holdings in shares of Balchem Corporation by 1.4% during the 2nd quarter. Vanguard Group Inc. now owns 2,885,217 shares of the basic materials company’s stock worth $224,210,000 after buying an additional 40,016 shares during the last quarter. Institutional investors and hedge funds own 84.22% of the company’s stock.

Separately, BidaskClub downgraded shares of Balchem Corporation from a “hold” rating to a “sell” rating in a report on Wednesday, June 21st.

Shares of Balchem Corporation (NASDAQ BCPC) opened at 81.95 on Wednesday. The firm has a market cap of $2.62 billion, a P/E ratio of 42.46 and a beta of 1.12. The stock’s 50 day moving average is $78.71 and its 200-day moving average is $78.60. Balchem Corporation has a one year low of $67.71 and a one year high of $89.50.

Balchem Corporation (NASDAQ:BCPC) last issued its quarterly earnings results on Friday, August 4th. The basic materials company reported $0.64 EPS for the quarter, topping the consensus estimate of $0.63 by $0.01. Balchem Corporation had a net margin of 10.99% and a return on equity of 14.99%. The firm had revenue of $147.08 million during the quarter. Analysts anticipate that Balchem Corporation will post $2.47 EPS for the current fiscal year.

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About Balchem Corporation

Balchem Corporation is engaged in the development, manufacture and marketing of specialty performance ingredients and products for the food, nutritional, feed, pharmaceutical, medical sterilization and industrial markets. The Company operates in four segments: Human Nutrition & Health, Animal Nutrition & Health, Specialty Products and Industrial Products.

Institutional Ownership by Quarter for Balchem Corporation (NASDAQ:BCPC)

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