Oil-Dri Co. of America (NYSE:ODC) Stock Holdings Decreased by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP lessened its stake in Oil-Dri Co. of America (NYSE:ODC - Free Report) by 1.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 369,912 shares of the specialty chemicals company's stock after selling 6,923 shares during the period. Dimensional Fund Advisors LP owned 2.53% of Oil-Dri Co. of America worth $32,419,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently bought and sold shares of the company. Geode Capital Management LLC boosted its stake in Oil-Dri Co. of America by 0.3% in the fourth quarter. Geode Capital Management LLC now owns 112,183 shares of the specialty chemicals company's stock valued at $9,834,000 after acquiring an additional 352 shares in the last quarter. Victory Capital Management Inc. boosted its stake in Oil-Dri Co. of America by 17.8% in the fourth quarter. Victory Capital Management Inc. now owns 26,793 shares of the specialty chemicals company's stock valued at $2,348,000 after acquiring an additional 4,050 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. boosted its stake in Oil-Dri Co. of America by 18.2% in the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 6,500 shares of the specialty chemicals company's stock valued at $570,000 after acquiring an additional 1,000 shares in the last quarter. American Century Companies Inc. boosted its stake 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 valued at $12,816,000 after acquiring an additional 15,041 shares in the last quarter. Finally, Walleye Capital LLC acquired a new stake in shares of Oil-Dri Co. of America during the fourth quarter worth about $772,000. Institutional investors and hedge funds own 49.01% of the company's stock.

Insider Buying and Selling

In other Oil-Dri Co. of America news, Director Ellen-Blair Chube sold 3,500 shares of the stock in a transaction dated Monday, April 21st. The shares were sold at an average price of $42.51, for a total value of $148,785.00. Following the completion of the transaction, the director now directly owns 11,820 shares of the company's stock, valued at approximately $502,468.20. This trade represents a 22.85% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. 11.66% of the stock is currently owned by corporate insiders.

Oil-Dri Co. of America Stock Performance

Shares of ODC traded up $0.24 during mid-day trading on Friday, hitting $45.73. 20,670 shares of the company's stock were exchanged, compared to its average volume of 41,607. Oil-Dri Co. of America has a fifty-two week low of $29.47 and a fifty-two week high of $49.72. The firm has a market capitalization of $667.43 million, a P/E ratio of 14.78 and a beta of 0.54. The business's 50 day moving average is $44.68 and its two-hundred day moving average is $36.51. The company has a current ratio of 2.63, a quick ratio of 1.61 and a debt-to-equity ratio of 0.20.

Oil-Dri Co. of America (NYSE:ODC - Get Free Report) last posted its quarterly earnings results on Tuesday, March 11th. The specialty chemicals company reported $0.89 earnings per share (EPS) for the quarter. The firm had revenue of $116.91 million during 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 company 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 dividend of $0.155 per share. The ex-dividend date of this dividend is Friday, May 9th. This represents a $0.62 annualized dividend and a yield of 1.36%. Oil-Dri Co. of America's dividend payout ratio is currently 19.81%.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded shares of Oil-Dri Co. of America from a "hold" rating to a "buy" rating in a research note on Monday, April 28th.

Oil-Dri Co. of America Company Profile

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.