Bessemer Group Inc. lifted its holdings in shares of Balchem Corporation (NASDAQ:BCPC) by 83.2% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 31,700 shares of the basic materials company’s stock after purchasing an additional 14,400 shares during the period. Bessemer Group Inc. owned 0.10% of Balchem Corporation worth $2,577,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Capital Analysts LLC bought a new stake in shares of Balchem Corporation during the second quarter worth $197,000. Macquarie Group Ltd. grew its holdings in shares of Balchem Corporation by 47.1% during the second quarter. Macquarie Group Ltd. now owns 351,899 shares of the basic materials company’s stock worth $27,346,000 after purchasing an additional 112,703 shares during the last quarter. Schroder Investment Management Group grew its holdings in shares of Balchem Corporation by 2.7% during the second quarter. Schroder Investment Management Group now owns 88,691 shares of the basic materials company’s stock worth $6,871,000 after purchasing an additional 2,298 shares during the last quarter. California Public Employees Retirement System grew its holdings in shares of Balchem Corporation by 4.1% during the second quarter. California Public Employees Retirement System now owns 74,300 shares of the basic materials company’s stock worth $5,774,000 after purchasing an additional 2,900 shares during the last quarter. Finally, Tudor Investment Corp ET AL bought a new stake in shares of Balchem Corporation during the second quarter worth $376,000. Institutional investors own 84.76% of the company’s stock.

Shares of Balchem Corporation (BCPC) traded down $0.40 during mid-day trading on Monday, hitting $82.82. The stock had a trading volume of 79,400 shares, compared to its average volume of 96,210. The company has a quick ratio of 1.49, a current ratio of 2.16 and a debt-to-equity ratio of 0.35. The company has a market capitalization of $2,650.59, a PE ratio of 32.74 and a beta of 1.09. Balchem Corporation has a 12 month low of $71.95 and a 12 month high of $89.50.

Balchem Corporation (NASDAQ:BCPC) last announced its earnings results on Tuesday, November 7th. The basic materials company reported $0.63 EPS for the quarter, topping the consensus estimate of $0.62 by $0.01. The company had revenue of $150.72 million for the quarter. Balchem Corporation had a return on equity of 14.68% and a net margin of 11.11%.

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Separately, BidaskClub cut Balchem Corporation from a “sell” rating to a “strong sell” rating in a report on Monday, July 31st.

Balchem Corporation Profile

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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