Alps Advisors Inc. boosted its holdings in shares of Blue Buffalo Pet Products (NASDAQ:BUFF) by 51.7% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,293 shares of the company’s stock after buying an additional 6,231 shares during the period. Alps Advisors Inc.’s holdings in Blue Buffalo Pet Products were worth $600,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. JPMorgan Chase & Co. boosted its stake in shares of Blue Buffalo Pet Products by 1,130.8% in the 1st quarter. JPMorgan Chase & Co. now owns 1,384,834 shares of the company’s stock valued at $55,131,000 after purchasing an additional 1,272,315 shares in the last quarter. Glazer Capital LLC acquired a new stake in shares of Blue Buffalo Pet Products in the 1st quarter valued at $55,017,000. Gabelli Funds LLC boosted its stake in shares of Blue Buffalo Pet Products by 1,140.7% in the 1st quarter. Gabelli Funds LLC now owns 1,310,167 shares of the company’s stock valued at $52,158,000 after purchasing an additional 1,204,567 shares in the last quarter. Vivaldi Asset Management LLC acquired a new stake in shares of Blue Buffalo Pet Products in the 1st quarter valued at $51,099,000. Finally, Water Island Capital LLC acquired a new stake in shares of Blue Buffalo Pet Products in the 1st quarter valued at $46,901,000. Hedge funds and other institutional investors own 94.55% of the company’s stock.

Shares of NASDAQ:BUFF opened at $40.00 on Monday. Blue Buffalo Pet Products has a 52 week low of $21.51 and a 52 week high of $40.15. The company has a debt-to-equity ratio of 1.30, a quick ratio of 3.17 and a current ratio of 3.74. The firm has a market capitalization of $7.91 billion, a PE ratio of 42.11, a PEG ratio of 1.41 and a beta of 1.38.

Blue Buffalo Pet Products Profile

Blue Buffalo Pet Products, Inc, through its subsidiary, Blue Buffalo Company, Ltd., operates as a pet food company in the United States, Canada, Japan, and Mexico. It develops, produces, markets, and sells dog and cat food under the BLUE Life Protection Formula, BLUE Wilderness, BLUE Basics, BLUE Freedom, and BLUE Natural Veterinary Diet lines.

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Institutional Ownership by Quarter for Blue Buffalo Pet Products (NASDAQ:BUFF)

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