Ellen-Blair Chube Sells 3,500 Shares of Oil-Dri Co. of America (NYSE:ODC) Stock

Oil-Dri Co. of America (NYSE:ODC - Get Free Report) Director Ellen-Blair Chube sold 3,500 shares of the company's stock in a transaction dated Monday, April 21st. The stock was sold at an average price of $42.51, for a total transaction of $148,785.00. Following the completion of the sale, the director now directly owns 11,820 shares in the company, valued at approximately $502,468.20. The trade was a 22.85 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

Oil-Dri Co. of America Price Performance

Shares of ODC stock traded up $0.02 during trading hours on Friday, hitting $41.99. 16,997 shares of the company's stock were exchanged, compared to its average volume of 42,105. Oil-Dri Co. of America has a 52 week low of $29.47 and a 52 week high of $49.72. The stock has a market cap of $612.83 million, a price-to-earnings ratio of 13.57 and a beta of 0.55. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.63 and a quick ratio of 1.61. The stock's 50-day moving average is $44.69 and its 200-day moving average is $34.55.

Oil-Dri Co. of America (NYSE:ODC - Get Free Report) last issued its quarterly earnings results on Tuesday, March 11th. The specialty chemicals company reported $0.89 earnings per share (EPS) for the quarter. The business had revenue of $116.91 million for the quarter. Oil-Dri Co. of America had a net margin of 9.92% and a return on equity of 21.84%.

Oil-Dri Co. of America Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, May 23rd. Investors of record on Friday, May 9th will be issued a $0.155 dividend. This represents a $0.62 dividend on an annualized basis and a dividend yield of 1.48%. The ex-dividend date of this dividend is Friday, May 9th. Oil-Dri Co. of America's dividend payout ratio is currently 19.81%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com downgraded Oil-Dri Co. of America from a "buy" rating to a "hold" rating in a report on Friday, April 11th.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the stock. Cardinal Capital Management increased its stake in shares of Oil-Dri Co. of America by 99.9% in the 1st quarter. Cardinal Capital Management now owns 95,433 shares of the specialty chemicals company's stock valued at $4,382,000 after buying an additional 47,683 shares during the period. North Star Investment Management Corp. boosted its holdings in Oil-Dri Co. of America by 50.2% in the first quarter. North Star Investment Management Corp. now owns 73,900 shares of the specialty chemicals company's stock valued at $3,393,000 after acquiring an additional 24,700 shares during the last quarter. American Century Companies Inc. increased its position in Oil-Dri Co. of America by 11.5% in the fourth quarter. American Century Companies Inc. now owns 146,239 shares of the specialty chemicals company's stock worth $12,816,000 after purchasing an additional 15,041 shares during the period. Miracle Mile Advisors LLC raised its holdings in Oil-Dri Co. of America by 100.0% during the 1st quarter. Miracle Mile Advisors LLC now owns 28,000 shares of the specialty chemicals company's stock worth $1,286,000 after purchasing an additional 14,000 shares during the last quarter. Finally, Needham Investment Management LLC lifted its position in Oil-Dri Co. of America by 4.7% during the 4th quarter. Needham Investment Management LLC now owns 280,000 shares of the specialty chemicals company's stock valued at $24,539,000 after purchasing an additional 12,500 shares during the period. Institutional investors own 49.01% of the company's stock.

About Oil-Dri Co. of America

Oil-Dri Corporation of America is a manufacturer and supplier of specialty sorbent products for the pet care, animal health and nutrition, fluids purification, agricultural ingredients, sports field, industrial and automotive markets. It operates through the Business to Business Products Group and Retail and Wholesale Products Group segments.