6,400 Shares in Oil-Dri Corporation Of America (NYSE:ODC) Bought by Universal Beteiligungs und Servicegesellschaft mbH

Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in shares of Oil-Dri Corporation Of America (NYSE:ODC - Free Report) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 6,400 shares of the specialty chemicals company's stock, valued at approximately $294,000.

A number of other large investors have also made changes to their positions in ODC. Trust Co. of Vermont grew its position in Oil-Dri Corporation Of America by 100.0% during the first quarter. Trust Co. of Vermont now owns 600 shares of the specialty chemicals company's stock valued at $28,000 after purchasing an additional 300 shares in the last quarter. New York State Teachers Retirement System grew its position in Oil-Dri Corporation Of America by 98.0% during the first quarter. New York State Teachers Retirement System now owns 891 shares of the specialty chemicals company's stock valued at $41,000 after purchasing an additional 441 shares in the last quarter. GAMMA Investing LLC grew its position in Oil-Dri Corporation Of America by 9,083.3% during the first quarter. GAMMA Investing LLC now owns 2,755 shares of the specialty chemicals company's stock valued at $127,000 after purchasing an additional 2,725 shares in the last quarter. Harbor Capital Advisors Inc. purchased a new position in Oil-Dri Corporation Of America during the first quarter valued at approximately $131,000. Finally, New York State Common Retirement Fund grew its position in Oil-Dri Corporation Of America by 100.0% during the first quarter. New York State Common Retirement Fund now owns 4,082 shares of the specialty chemicals company's stock valued at $187,000 after purchasing an additional 2,041 shares in the last quarter. Institutional investors and hedge funds own 49.01% of the company's stock.

Insider Buying and Selling at Oil-Dri Corporation Of America

In other news, Director Ellen-Blair Chube sold 2,500 shares of Oil-Dri Corporation Of America stock in a transaction that occurred on Friday, June 20th. The shares were sold at an average price of $55.83, for a total value of $139,575.00. Following the transaction, the director owned 9,320 shares of the company's stock, valued at $520,335.60. This trade represents a 21.15% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, VP Christopher B. Lamson sold 2,500 shares of Oil-Dri Corporation Of America stock in a transaction that occurred on Monday, July 21st. The shares were sold at an average price of $61.75, for a total transaction of $154,375.00. Following the completion of the transaction, the vice president directly owned 11,453 shares in the company, valued at approximately $707,222.75. This represents a 17.92% decrease in their position. The disclosure for this sale can be found here. Insiders sold 6,000 shares of company stock worth $354,570 over the last ninety days. 11.66% of the stock is currently owned by insiders.

Analyst Ratings Changes

Separately, Wall Street Zen downgraded shares of Oil-Dri Corporation Of America from a "strong-buy" rating to a "buy" rating in a research report on Sunday, June 22nd.

Oil-Dri Corporation Of America Stock Up 1.8%

NYSE ODC traded up $1.00 during trading on Friday, reaching $57.64. The company's stock had a trading volume of 28,231 shares, compared to its average volume of 46,709. The company has a current ratio of 2.83, a quick ratio of 1.85 and a debt-to-equity ratio of 0.16. The stock has a market capitalization of $843.85 million, a PE ratio of 16.92 and a beta of 0.67. The business has a 50-day moving average price of $57.56 and a 200-day moving average price of $49.09. Oil-Dri Corporation Of America has a 1-year low of $31.11 and a 1-year high of $63.82.

Oil-Dri Corporation Of America (NYSE:ODC - Get Free Report) last posted its earnings results on Thursday, June 5th. The specialty chemicals company reported $0.80 earnings per share (EPS) for the quarter. The firm had revenue of $115.50 million during the quarter. Oil-Dri Corporation Of America had a net margin of 10.44% and a return on equity of 21.57%.

Oil-Dri Corporation Of America Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, August 22nd. Shareholders of record on Friday, August 8th will be paid a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a yield of 1.2%. This is a boost from Oil-Dri Corporation Of America's previous quarterly dividend of $0.16. The ex-dividend date is Friday, August 8th. Oil-Dri Corporation Of America's dividend payout ratio is presently 18.24%.

About Oil-Dri Corporation 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.