First National Bank of Omaha grew its holdings in Balchem Co. (NASDAQ:BCPC) by 1.6% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 18,021 shares of the basic materials company’s stock after purchasing an additional 289 shares during the quarter. First National Bank of Omaha’s holdings in Balchem were worth $1,788,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of the company. Ladenburg Thalmann Financial Services Inc. lifted its stake in Balchem by 3.2% during the second quarter. Ladenburg Thalmann Financial Services Inc. now owns 3,882 shares of the basic materials company’s stock worth $388,000 after purchasing an additional 119 shares during the period. State of Alaska Department of Revenue increased its holdings in shares of Balchem by 1.3% during the second quarter. State of Alaska Department of Revenue now owns 11,007 shares of the basic materials company’s stock worth $1,100,000 after buying an additional 143 shares in the last quarter. Cambridge Investment Research Advisors Inc. increased its holdings in shares of Balchem by 3.2% during the second quarter. Cambridge Investment Research Advisors Inc. now owns 4,863 shares of the basic materials company’s stock worth $486,000 after buying an additional 149 shares in the last quarter. First Trust Advisors LP increased its holdings in shares of Balchem by 3.2% during the second quarter. First Trust Advisors LP now owns 5,088 shares of the basic materials company’s stock worth $509,000 after buying an additional 156 shares in the last quarter. Finally, Municipal Employees Retirement System of Michigan increased its holdings in shares of Balchem by 1.7% in the second quarter. Municipal Employees Retirement System of Michigan now owns 9,650 shares of the basic materials company’s stock valued at $965,000 after purchasing an additional 160 shares in the last quarter. 86.33% of the stock is currently owned by institutional investors.

Shares of NASDAQ BCPC traded up $0.36 during midday trading on Friday, reaching $103.41. 6,476 shares of the stock were exchanged, compared to its average volume of 97,771. The business has a 50-day simple moving average of $99.81 and a two-hundred day simple moving average of $96.90. The company has a market capitalization of $3.25 billion, a price-to-earnings ratio of 34.41 and a beta of 1.20. Balchem Co. has a 12 month low of $73.16 and a 12 month high of $106.56. The company has a debt-to-equity ratio of 0.32, a current ratio of 3.33 and a quick ratio of 2.63.

Balchem (NASDAQ:BCPC) last announced its quarterly earnings results on Tuesday, November 5th. The basic materials company reported $0.81 earnings per share for the quarter, topping analysts’ consensus estimates of $0.74 by $0.07. The company had revenue of $158.60 million for the quarter, compared to analysts’ expectations of $166.42 million. Balchem had a net margin of 12.43% and a return on equity of 14.01%. The business’s quarterly revenue was up 2.3% compared to the same quarter last year. During the same period last year, the firm posted $0.73 earnings per share. Equities research analysts expect that Balchem Co. will post 3.06 earnings per share for the current fiscal year.

In related news, VP David F. Ludwig sold 12,750 shares of the business’s stock in a transaction on Friday, August 30th. The shares were sold at an average price of $90.00, for a total value of $1,147,500.00. Following the sale, the vice president now directly owns 21,038 shares of the company’s stock, valued at approximately $1,893,420. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 1.28% of the company’s stock.

A number of brokerages recently weighed in on BCPC. Zacks Investment Research lowered shares of Balchem from a “hold” rating to a “strong sell” rating in a report on Thursday. BidaskClub lowered shares of Balchem from a “buy” rating to a “hold” rating in a report on Thursday. Finally, HC Wainwright reaffirmed a “positive” rating and set a $110.00 target price (up previously from $95.00) on shares of Balchem in a report on Wednesday. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the company. Balchem presently has an average rating of “Hold” and an average price target of $107.67.

About Balchem

Balchem Corporation develops, manufactures, and markets specialty performance ingredients and products for the food, nutritional, feed, pharmaceutical, medical sterilization, and industrial markets in the United States and internationally. The company's Human Nutrition & Health segment supplies ingredients in the food and beverage industry.

See Also: Green Investing

Want to see what other hedge funds are holding BCPC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Balchem Co. (NASDAQ:BCPC).

Institutional Ownership by Quarter for Balchem (NASDAQ:BCPC)

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