Ellen-Blair Chube Sells 2,500 Shares of Oil-Dri Corporation Of America (NYSE:ODC) Stock

Oil-Dri Corporation Of America (NYSE:ODC - Get Free Report) Director Ellen-Blair Chube sold 2,500 shares of the firm's stock in a transaction on Friday, June 20th. The shares were sold at an average price of $55.83, for a total transaction of $139,575.00. Following the transaction, the director now directly owns 9,320 shares of the company's stock, valued at $520,335.60. The trade was a 21.15% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link.

Ellen-Blair Chube also recently made the following trade(s):

• On Monday, April 21st, Ellen-Blair Chube sold 3,500 shares of Oil-Dri Corporation Of America stock. The stock was sold at an average price of $42.51, for a total value of $148,785.00.

Oil-Dri Corporation Of America Price Performance

ODC stock traded up $2.68 during trading on Monday, hitting $59.79. 86,366 shares of the company's stock traded hands, compared to its average volume of 41,782. Oil-Dri Corporation Of America has a 52 week low of $29.47 and a 52 week high of $60.32. The stock has a market capitalization of $875.33 million, a price-to-earnings ratio of 17.59 and a beta of 0.61. The business has a fifty day simple moving average of $48.24 and a 200 day simple moving average of $43.70. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.85 and a current ratio of 2.83.

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

Oil-Dri Corporation Of America Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, August 22nd. Shareholders of record on Friday, August 8th will be given a $0.18 dividend. This represents a $0.72 annualized dividend and a yield of 1.20%. The ex-dividend date of this dividend is Friday, August 8th. This is an increase from Oil-Dri Corporation Of America's previous quarterly dividend of $0.16. Oil-Dri Corporation Of America's dividend payout ratio is 18.24%.

Analysts Set New Price Targets

Separately, Wall Street Zen cut Oil-Dri Corporation Of America from a "strong-buy" rating to a "buy" rating in a report on Sunday.

Institutional Trading of Oil-Dri Corporation Of America

A number of hedge funds and other institutional investors have recently bought and sold shares of ODC. Trust Co. of Vermont grew its holdings in shares of Oil-Dri Corporation Of America by 100.0% in the first quarter. Trust Co. of Vermont now owns 600 shares of the specialty chemicals company's stock worth $28,000 after purchasing an additional 300 shares during the last quarter. MAI Capital Management raised its stake in shares of Oil-Dri Corporation Of America by 100.0% during the first quarter. MAI Capital Management now owns 600 shares of the specialty chemicals company's stock valued at $28,000 after acquiring an additional 300 shares in the last quarter. New York State Teachers Retirement System boosted its holdings in shares of Oil-Dri Corporation Of America by 98.0% in 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 during the period. Northwestern Mutual Wealth Management Co. grew its stake in Oil-Dri Corporation Of America by 100.0% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 1,160 shares of the specialty chemicals company's stock worth $53,000 after purchasing an additional 580 shares in the last quarter. Finally, Tower Research Capital LLC TRC grew its stake in Oil-Dri Corporation Of America by 973.1% in the fourth quarter. Tower Research Capital LLC TRC now owns 2,157 shares of the specialty chemicals company's stock worth $189,000 after purchasing an additional 1,956 shares in the last quarter. Hedge funds and other institutional investors own 49.01% of the company's stock.

Oil-Dri Corporation 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.