Balchem (BCPC) Reaches $89.92 52-Week High; Nomura Holdings Trimmed Its Marriott International (MAR) Position

April 23, 2018 - By Michael Collier

Marriott International, Inc. (NASDAQ:MAR) Logo

The stock of Balchem Corporation (NASDAQ:BCPC) hit a new 52-week high and has $93.52 target or 4.00% above today’s $89.92 share price. The 9 months bullish chart indicates low risk for the $2.88 billion company. The 1-year high was reported on Apr, 23 by Barchart.com. If the $93.52 price target is reached, the company will be worth $115.24M more. The stock increased 0.03% or $0.03 during the last trading session, reaching $89.92. About 19,976 shares traded. Balchem Corporation (NASDAQ:BCPC) has declined 0.78% since April 23, 2017 and is downtrending. It has underperformed by 12.33% the S&P500.

Nomura Holdings Inc decreased Marriott International (MAR) stake by 15.23% reported in 2017Q4 SEC filing. Nomura Holdings Inc sold 1.02M shares as Marriott International (MAR)’s stock rose 1.21%. The Nomura Holdings Inc holds 5.68M shares with $769.81 million value, down from 6.70 million last quarter. Marriott International now has $49.33B valuation. The stock increased 0.55% or $0.75 during the last trading session, reaching $138.23. About 184,266 shares traded. Marriott International, Inc. (NASDAQ:MAR) has risen 45.53% since April 23, 2017 and is uptrending. It has outperformed by 33.98% the S&P500.

Investors sentiment decreased to 1.31 in Q4 2017. Its down 0.27, from 1.58 in 2017Q3. It dived, as 7 investors sold Balchem Corporation shares while 57 reduced holdings. 28 funds opened positions while 56 raised stakes. 27.05 million shares or 1.74% less from 27.53 million shares in 2017Q3 were reported. Envestnet Asset Mngmt Incorporated holds 0% in Balchem Corporation (NASDAQ:BCPC) or 14,791 shares. Clearbridge Invs Ltd Liability owns 528,278 shares for 0.04% of their portfolio. Van Eck has 52,046 shares for 0.02% of their portfolio. Invesco holds 0% of its portfolio in Balchem Corporation (NASDAQ:BCPC) for 165,286 shares. Ls Advsr Ltd Llc stated it has 927 shares. Fdx Advisors accumulated 2,827 shares or 0.01% of the stock. Moreover, Victory Cap Mgmt has 0% invested in Balchem Corporation (NASDAQ:BCPC) for 3,498 shares. Voya Invest Mgmt Limited Liability Corporation owns 14,495 shares or 0% of their US portfolio. Boothbay Fund Management Ltd Liability Company has 3,772 shares. Da Davidson And reported 0% of its portfolio in Balchem Corporation (NASDAQ:BCPC). Pub Employees Retirement Association Of Colorado holds 0% of its portfolio in Balchem Corporation (NASDAQ:BCPC) for 7,128 shares. Tiaa Cref Investment Ltd Company stated it has 78,556 shares or 0% of all its holdings. Citigroup holds 0% or 470 shares in its portfolio. Texas Permanent School Fund holds 21,634 shares. Price T Rowe Assoc Md holds 0% in Balchem Corporation (NASDAQ:BCPC) or 16,209 shares.

Balchem Corporation develops, manufactures, and markets specialty performance ingredients and products for the food, nutritional, feed, pharmaceutical, and medical sterilization industries in the United States and internationally. The company has market cap of $2.88 billion. The companyÂ’s Human Nutrition & Health segment offers creamer systems, dairy replacers, powdered fats, nutritional beverage bases, beverages, juice and dairy bases, chocolate systems, ice cream bases and variegates, cereals, grain based snacks, and cereal based ingredients; microencapsulation solutions; and human grade choline nutrients and mineral amino acid chelated products for wellness applications. It has a 32.23 P/E ratio. The Company’s Animal Nutrition & Health segment provides microencapsulated products that enhance health and milk production in ruminant animals; chelation technology, which provides enhanced nutrient absorption for species; and choline chloride, an essential nutrient for monogastric animal health.

Among 2 analysts covering Balchem (NASDAQ:BCPC), 0 have Buy rating, 1 Sell and 1 Hold. Therefore 0 are positive. Balchem has $60 highest and $6000 lowest target. $60’s average target is -33.27% below currents $89.92 stock price. Balchem had 3 analyst reports since March 8, 2016 according to SRatingsIntel. The firm earned “Neutral” rating on Tuesday, March 8 by Sidoti. Pivotal Research maintained the shares of BCPC in report on Friday, August 4 with “Sell” rating. The stock of Balchem Corporation (NASDAQ:BCPC) earned “Sell” rating by Pivotal Research on Friday, November 4.

Investors sentiment increased to 1.09 in 2017 Q4. Its up 0.17, from 0.92 in 2017Q3. It improved, as 25 investors sold MAR shares while 240 reduced holdings. 97 funds opened positions while 191 raised stakes. 224.71 million shares or 5.02% less from 236.59 million shares in 2017Q3 were reported. Captrust Finance Advsrs holds 588 shares or 0% of its portfolio. Markston Ltd Co has invested 0.57% in Marriott International, Inc. (NASDAQ:MAR). First Natl Tru Com owns 0.06% invested in Marriott International, Inc. (NASDAQ:MAR) for 3,921 shares. State Teachers Retirement System stated it has 488,629 shares or 0.16% of all its holdings. Northstar Invest Limited Company has 0.06% invested in Marriott International, Inc. (NASDAQ:MAR) for 2,320 shares. Aqr Capital Ltd Llc has 46,013 shares for 0.01% of their portfolio. Global X Mgmt Ltd Liability Com reported 13,412 shares. Dnb Asset Mgmt As reported 0.06% stake. Colony Group Incorporated Ltd Limited Liability Company holds 3,204 shares. State Treasurer State Of Michigan owns 0.1% invested in Marriott International, Inc. (NASDAQ:MAR) for 89,752 shares. Atria Invests Lc holds 1,969 shares. 1,569 are held by Cobblestone Ltd Com Ny. Moreover, Gam Holding Ag has 0.02% invested in Marriott International, Inc. (NASDAQ:MAR). Calamos Advsr Limited Company owns 10,070 shares. Soroban Capital Ltd Partnership holds 0.74% or 1.32 million shares.

Since December 8, 2017, it had 1 buy, and 9 insider sales for $30.61 million activity. Shares for $7.24 million were sold by McPherson Amy on Friday, February 23. DUNCAN BRUCE W also sold $1.12 million worth of Marriott International, Inc. (NASDAQ:MAR) shares. Another trade for 80,000 shares valued at $11.28 million was sold by Harrison Deborah Marriott. The insider SCHWAB SUSAN C bought $35,368. Rodriguez David A sold 7,600 shares worth $1.01 million. The insider Linnartz Stephanie sold 5,113 shares worth $659,348. $143,828 worth of Marriott International, Inc. (NASDAQ:MAR) was sold by Marriott Stephen Blake.

Nomura Holdings Inc increased Oneok Inc (NYSE:OKE) stake by 16,535 shares to 35,844 valued at $1.92M in 2017Q4. It also upped Cl V stake by 161,610 shares and now owns 191,610 shares. Twitter Inc (NYSE:TWTR) was raised too.

Among 20 analysts covering Marriott International (NASDAQ:MAR), 11 have Buy rating, 0 Sell and 9 Hold. Therefore 55% are positive. Marriott International had 64 analyst reports since August 5, 2015 according to SRatingsIntel. RBC Capital Markets maintained the shares of MAR in report on Wednesday, November 4 with “Outperform” rating. The stock of Marriott International, Inc. (NASDAQ:MAR) has “Buy” rating given on Monday, August 7 by RBC Capital Markets. Raymond James downgraded Marriott International, Inc. (NASDAQ:MAR) on Wednesday, April 20 to “Market Perform” rating. The stock of Marriott International, Inc. (NASDAQ:MAR) has “Hold” rating given on Thursday, February 1 by Stifel Nicolaus. The stock of Marriott International, Inc. (NASDAQ:MAR) has “Neutral” rating given on Friday, November 10 by Robert W. Baird. SunTrust upgraded Marriott International, Inc. (NASDAQ:MAR) rating on Thursday, September 24. SunTrust has “Buy” rating and $92 target. Stifel Nicolaus maintained Marriott International, Inc. (NASDAQ:MAR) on Wednesday, November 8 with “Hold” rating. As per Friday, December 4, the company rating was upgraded by Canaccord Genuity. SunTrust downgraded Marriott International, Inc. (NASDAQ:MAR) on Tuesday, February 21 to “Hold” rating. The rating was downgraded by Bernstein on Thursday, November 16 to “Market Perform”.

Balchem Corporation (NASDAQ:BCPC) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.





Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: