Royce & Associates LP Cuts Holdings in Balchem Corporation (BCPC)

Royce & Associates LP reduced its position in shares of Balchem Corporation (NASDAQ:BCPC) by 8.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 558,312 shares of the basic materials company’s stock after selling 54,156 shares during the period. Royce & Associates LP owned 1.74% of Balchem worth $45,385,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of BCPC. Municipal Employees Retirement System of Michigan increased its stake in Balchem by 4.0% during 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 buying an additional 290 shares in the last quarter. Great West Life Assurance Co. Can boosted its holdings in shares of Balchem by 3.8% during 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 purchasing an additional 1,678 shares during the last quarter. Bessemer Group Inc. boosted its holdings in shares of Balchem by 0.6% during the 2nd quarter. Bessemer Group Inc. now owns 17,300 shares of the basic materials company’s stock worth $1,344,000 after purchasing an additional 100 shares during the last quarter. Texas Permanent School Fund boosted its holdings in shares of Balchem by 1.1% during the 2nd quarter. Texas Permanent School Fund now owns 23,266 shares of the basic materials company’s stock worth $1,808,000 after purchasing an additional 263 shares during the last quarter. Finally, Sei Investments Co. boosted its holdings in shares of Balchem by 117.9% during the 2nd quarter. Sei Investments Co. now owns 2,465 shares of the basic materials company’s stock worth $191,000 after purchasing an additional 1,334 shares during the last quarter. Institutional investors own 87.20% of the company’s stock.

Balchem Corporation (NASDAQ BCPC) opened at $84.73 on Thursday. The firm has a market capitalization of $2,710.00, a P/E ratio of 34.07 and a beta of 1.09. Balchem Corporation has a twelve month low of $71.95 and a twelve month high of $89.50. The company has a current ratio of 2.16, a quick ratio of 1.49 and a debt-to-equity ratio of 0.35.

Balchem (NASDAQ:BCPC) last issued its earnings results on Tuesday, November 7th. The basic materials company reported $0.63 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate 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%.

TRADEMARK VIOLATION WARNING: “Royce & Associates LP Cuts Holdings in Balchem Corporation (BCPC)” was originally published by Ticker Report and is owned by of Ticker Report. If you are accessing this article on another domain, it was stolen and republished in violation of US & international copyright law. The correct version of this article can be viewed at https://www.tickerreport.com/banking-finance/3078767/royce-associates-lp-cuts-holdings-in-balchem-corporation-bcpc.html.

Balchem Company 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 (NASDAQ:BCPC)

Receive News & Ratings for Balchem Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Balchem Corporation and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

How to Trade on Forex – 8 Steps for Beginners
How to Trade on Forex – 8 Steps for Beginners
Super Nintendo World Theme Park Officially Starts Construction
Super Nintendo World Theme Park Officially Starts Construction
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Camera Zooms In and Can Recognize Faces
Camera Zooms In and Can Recognize Faces
Netflix Could See 150 Million Worldwide Subscribers
Netflix Could See 150 Million Worldwide Subscribers
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back


Leave a Reply

© 2006-2017 Ticker Report. Google+.