Ellen-Blair Chube Sells 1,390 Shares of Oil-Dri Corporation Of America (NYSE:ODC) Stock

Oil-Dri Corporation Of America (NYSE:ODC) Director Ellen-Blair Chube sold 1,390 shares of Oil-Dri Corporation Of America stock in a transaction on Wednesday, April 22nd. The stock was sold at an average price of $73.06, for a total transaction of $101,553.40. Following the transaction, the director directly owned 8,930 shares of the company’s stock, valued at approximately $652,425.80. This trade represents a 13.47% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Oil-Dri Corporation Of America Price Performance

Shares of ODC opened at $71.54 on Friday. The company’s 50-day moving average is $66.35 and its 200-day moving average is $59.41. The company has a debt-to-equity ratio of 0.14, a current ratio of 3.45 and a quick ratio of 2.40. The firm has a market capitalization of $1.04 billion, a PE ratio of 19.39 and a beta of 0.79. Oil-Dri Corporation Of America has a fifty-two week low of $41.37 and a fifty-two week high of $74.28.

Oil-Dri Corporation Of America Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 22nd. Shareholders of record on Friday, May 8th will be given a dividend of $0.205 per share. The ex-dividend date is Friday, May 8th. This represents a $0.82 annualized dividend and a yield of 1.1%. Oil-Dri Corporation Of America’s dividend payout ratio (DPR) is 22.22%.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “buy (b-)” rating on shares of Oil-Dri Corporation Of America in a research note on Friday, March 27th. One analyst has rated the stock with a Buy rating, According to MarketBeat.com, Oil-Dri Corporation Of America currently has an average rating of “Buy”.

Institutional Trading of Oil-Dri Corporation Of America

A number of institutional investors have recently bought and sold shares of ODC. Royal Bank of Canada increased its holdings in shares of Oil-Dri Corporation Of America by 79.0% during the first quarter. Royal Bank of Canada now owns 31,787 shares of the specialty chemicals company’s stock worth $1,460,000 after purchasing an additional 14,030 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in Oil-Dri Corporation Of America by 108.2% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 5,792 shares of the specialty chemicals company’s stock worth $266,000 after buying an additional 3,010 shares in the last quarter. Goldman Sachs Group Inc. increased its stake in Oil-Dri Corporation Of America by 122.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 87,725 shares of the specialty chemicals company’s stock worth $4,028,000 after acquiring an additional 48,309 shares during the period. Jane Street Group LLC increased its stake in Oil-Dri Corporation Of America by 204.7% during the 1st quarter. Jane Street Group LLC now owns 19,498 shares of the specialty chemicals company’s stock worth $895,000 after acquiring an additional 13,099 shares during the period. Finally, JPMorgan Chase & Co. raised its holdings in Oil-Dri Corporation Of America by 44.1% in the 2nd quarter. JPMorgan Chase & Co. now owns 14,338 shares of the specialty chemicals company’s stock valued at $846,000 after acquiring an additional 4,386 shares in the last quarter. Institutional investors own 49.01% of the company’s stock.

Oil-Dri Corporation Of America Company Profile

Oil-Dri Corporation of America is a specialty materials company that develops, manufactures and markets sorbent and filtration products for industrial, environmental and consumer applications. Its flagship offerings include clay- and diatomaceous earth–based cat litters, calcium silicate absorbents for spill control and cleanup, and purification media designed to remove contaminants from petroleum, chemical and food-processing streams.

Founded in 1941 and headquartered in Chicago, Illinois, the company has evolved from a single-product operation into a diversified provider of mineral- and chemical-based solutions.