Bard Associates Inc Lowers stake in Balchem Corporation (BCPC)

Balchem Corporation (BCPC) : Bard Associates Inc reduced its stake in Balchem Corporation by 1.74% during the most recent quarter end. The investment management company now holds a total of 53,505 shares of Balchem Corporation which is valued at $3.3 Million after selling 950 shares in Balchem Corporation , the firm said in a disclosure report filed with the SEC on May 12, 2016.Balchem Corporation makes up approximately 1.81% of Bard Associates Inc’s portfolio.

Other Hedge Funds, Including , Ubs Asset Management Americas Inc reduced its stake in BCPC by selling 4,157 shares or 18.86% in the most recent quarter. The Hedge Fund company now holds 17,882 shares of BCPC which is valued at $1.1 Million. National Penn Investors Trust Co Pa sold out all of its stake in BCPC during the most recent quarter. The investment firm sold 3,431 shares of BCPC which is valued $211,624.First Trust Advisors Lp reduced its stake in BCPC by selling 34,035 shares or 70.71% in the most recent quarter. The Hedge Fund company now holds 14,100 shares of BCPC which is valued at $869,688.Municipal Employees’ Retirement System Of Michigan boosted its stake in BCPC in the latest quarter, The investment management firm added 340 additional shares and now holds a total of 6,700 shares of Balchem Corporation which is valued at $427,527. Balchem Corporation makes up approx 0.03% of Municipal Employees’ Retirement System Of Michigan’s portfolio.

Balchem Corporation opened for trading at $57.73 and hit $58.12 on the upside on Friday, eventually ending the session at $57.48, with a gain of 0.19% or 0.11 points. The heightened volatility saw the trading volume jump to 1,57,748 shares. Company has a market cap of $1,814,931 M.

Many Wall Street Analysts have commented on Balchem Corporation. Balchem Corporation was Downgraded by Sidoti to ” Neutral” on Mar 8, 2016.

Balchem Corporation (Balchem) is engaged in the development manufacture distribution and marketing of specialty performance ingredients and products for the food nutritional feed pharmaceutical and medical sterilization industries. The Company operates in three segments: Specialty Products SensoryEffects and Animal Nutrition & Health (ANH). The Company sells its products through its own sales force independent distributors and sales agents. The Specialty Products segment offers Ethylene oxide canisters and propylene oxide. The SensoryEffects segment provides creamer systems dairy replacers powdered fats nutritional beverage bases beverages juice and dairy bases chocolate systems ice cream bases and variegates ready-to-eat cereals grain-based snacks and cereal-based ingredients. ANH segment provides basic choline chloride and microencapsulation and chelation technologies-based nutritional products.

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