Asset Management One Limited buys 3,339 shares of Balchem ​​(NASDAQ:BCPC)

Asset Management One Ltd. purchased a new stake in shares of Balchem ​​Co (NASDAQ: BCPC – Get Rating) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 3,339 shares of the basic materials company, valued at approximately $405,000.

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A number of other hedge funds have also added to or cut stocks. Crossmark Global Holdings Inc grew its holdings in Balchem ​​by 2.3% during the third quarter. Crossmark Global Holdings Inc. Now 3,239 shares of the staples company’s stock, valued at $393,000, after buying an additional 74 shares last quarter. Franklin Resources Inc. Its ownership in Balchem ​​shares increased by 4.6% during the second quarter. Franklin Resources Inc. Now 2,125 shares of the staples company worth $276,000 after purchasing an additional 93 shares last quarter. The Maryland Retirement and Pension System grew its holdings in Belchem ​​shares by 0.9% during the third quarter. Maryland Retirement and Pensions now owns 13,135 shares of the basic materials company’s stock valued at $1,597,000 after purchasing an additional 121 shares last quarter. Cardinal Capital Management increased its stake in Balchem ​​by 0.7% during the second quarter. Cardinal Capital Management now owns 18,485 shares of the staples company valued at $2,398,000 after purchasing an additional 127 shares last quarter. Finally, Great West Life Assurance Co was able to increase its stake in shares of Balchem ​​by 0.5% during the first quarter. Great West Life Assurance Co. can now own 28,110 shares of the basic materials company’s stock worth $3,943,000 after purchasing an additional 132 shares last quarter. Hedge funds and other institutional investors own 89.29% of the company’s shares.

Wall Street analyst forecasts for growth

Several research analysts have recently commented on BCPC stock. HC Wainwright lowered its price target on Balchem ​​from $164.00 to $152.00 and assigned a “buy” rating to the company in a report on Monday, November 7th. began covering Balchem ​​in a report on Wednesday, October 12th. They put a “hold” rating on the company.

Balshim shares increased by 3.9%.

BCPC shares opened at $135.72 on Thursday. The company has a market capitalization of $4.36 billion, a price-earnings ratio of 40.51 and a beta of 0.67. The stock has a 50-day simple moving average of $128.25 and a 200-day simple moving average of $130.56. The company has a debt-to-equity ratio of 0.54, a trading ratio of 2.59 and a quick ratio of 1.61. Balchem ​​has a one-year low of $110.15 and a one-year high of $147.80.

Balchem ​​(NASDAQ:BCPC — Get Rating) last released its earnings results on Friday, November 4th. The basic materials company reported earnings of $0.78 per share (EPS) for the quarter, beating the consensus estimate of $0.91 (0.13 USD). The company generated revenue of $244.27 million for the quarter, compared to analyst expectations of $241.00 million. Belchem’s return on equity was 12.28% with a net margin of 11.80%. On average, analysts expect Balchem ​​Co to report 3.49 earnings per share for the current fiscal year.

Belchem ​​increases dividends

The company also recently declared an annual dividend, which was paid on Friday, January 20th. Shareholders of record on Tuesday, December 27th received a dividend of $0.71. The ex-dividend date was Friday, December 23rd. This represents a yield of 0.53%. This is a positive change from Balchem’s previous annual dividend of $0.64. Belchem’s dividend payout ratio is currently 21.19%.

About Balshim Company

(Get Rating)

Balchem ​​Corp. offers to market specialized performance components and products. It operates through the following divisions: Nutrition and Human Health, Animal Nutrition and Health, Specialty Products and Industrial Products. The Human Nutrition and Health division supplies ingredients to the food and beverage industry, providing custom solutions in solid and liquid powder and flavor delivery systems, spray-dried emulsified powder systems, and grain systems.

See also

Want to know what other hedge funds own BCPC? Visit for the latest 13 Balchem ​​Co. internal filings and trades. (NASDAQ: BCPC – Get Rating).

Corporate ownership by quarter, Balchem ​​Corporation (NASDAQ: BCPC)

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