Sei Investments Co. Grows Position in Balchem Corporation (BCPC)

Sei Investments Co. increased its position in Balchem Corporation (NASDAQ:BCPC) by 6,294.8% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 157,633 shares of the basic materials company’s stock after acquiring an additional 155,168 shares during the period. Sei Investments Co. owned approximately 0.49% of Balchem worth $1,922,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in BCPC. Municipal Employees Retirement System of Michigan grew its holdings in shares of Balchem by 4.0% in the 2nd quarter. Municipal Employees Retirement System of Michigan now owns 7,500 shares of the basic materials company’s stock worth $583,000 after acquiring an additional 290 shares during the period. Great West Life Assurance Co. Can grew its holdings in shares of Balchem by 3.8% in the 2nd quarter. Great West Life Assurance Co. Can now owns 45,991 shares of the basic materials company’s stock worth $3,570,000 after acquiring an additional 1,678 shares during the period. Tokio Marine Asset Management Co. Ltd. acquired a new stake in shares of Balchem in the 2nd quarter worth approximately $233,000. Bessemer Group Inc. grew its holdings in shares of Balchem by 0.6% in the 2nd quarter. Bessemer Group Inc. now owns 17,300 shares of the basic materials company’s stock worth $1,344,000 after acquiring an additional 100 shares during the period. Finally, Texas Permanent School Fund grew its holdings in shares of Balchem by 1.1% in the 2nd quarter. Texas Permanent School Fund now owns 23,266 shares of the basic materials company’s stock worth $1,808,000 after acquiring an additional 263 shares during the period. Institutional investors and hedge funds own 87.11% of the company’s stock.

Shares of Balchem Corporation (NASDAQ:BCPC) opened at $86.82 on Monday. The firm has a market capitalization of $2,778.59, a P/E ratio of 34.32 and a beta of 1.10. The company has a quick ratio of 1.49, a current ratio of 2.16 and a debt-to-equity ratio of 0.35. Balchem Corporation has a fifty-two week low of $71.95 and a fifty-two week high of $89.50.

Balchem (NASDAQ:BCPC) last released its quarterly earnings results on Tuesday, November 7th. The basic materials company reported $0.63 earnings per share for the quarter, topping analysts’ consensus estimates of $0.62 by $0.01. The business had revenue of $150.72 million for the quarter. Balchem had a return on equity of 14.68% and a net margin of 11.11%.

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About Balchem

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 (NASDAQ:BCPC)

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