American International Group Inc. lifted its holdings in shares of Balchem Corporation (NASDAQ:BCPC) by 5.8% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,126 shares of the basic materials company’s stock after purchasing an additional 1,374 shares during the period. American International Group Inc. owned 0.08% of Balchem worth $2,042,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Capital Analysts LLC bought a new position in Balchem in the second quarter worth approximately $197,000. Macquarie Group Ltd. boosted its holdings in Balchem by 47.1% in the second quarter. Macquarie Group Ltd. now owns 351,899 shares of the basic materials company’s stock worth $27,346,000 after acquiring an additional 112,703 shares in the last quarter. Schroder Investment Management Group boosted its holdings in Balchem by 2.7% in the second quarter. Schroder Investment Management Group now owns 88,691 shares of the basic materials company’s stock worth $6,871,000 after acquiring an additional 2,298 shares in the last quarter. California Public Employees Retirement System boosted its holdings in Balchem by 4.1% in 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 acquiring an additional 2,900 shares in the last quarter. Finally, Bessemer Group Inc. boosted its holdings in Balchem by 83.2% in the third quarter. Bessemer Group Inc. now owns 31,700 shares of the basic materials company’s stock worth $2,577,000 after acquiring an additional 14,400 shares in the last quarter. Institutional investors own 87.20% of the company’s stock.

Balchem Corporation (BCPC) opened at $82.61 on Monday. The stock has a market capitalization of $2,643.85, a P/E ratio of 32.65 and a beta of 1.09. 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 announced its quarterly earnings results on Tuesday, November 7th. The basic materials company reported $0.63 earnings per share (EPS) for the quarter, topping the 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%.

Separately, BidaskClub lowered Balchem from a “hold” rating to a “sell” rating in a report on Thursday.

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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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