Uniplan Investment Counsel Inc. lifted its holdings in shares of Oil-Dri Corporation Of America (NYSE:ODC) by 7.5% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 188,281 shares of the specialty chemicals company’s stock after purchasing an additional 13,190 shares during the quarter. Uniplan Investment Counsel Inc. owned about 3.69% of Oil-Dri Corporation Of America worth $7,909,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also modified their holdings of the company. Algert Global LLC acquired a new stake in shares of Oil-Dri Corporation Of America during the second quarter worth about $217,000. Russell Investments Group Ltd. lifted its position in shares of Oil-Dri Corporation Of America by 16.1% during the second quarter. Russell Investments Group Ltd. now owns 9,911 shares of the specialty chemicals company’s stock worth $417,000 after purchasing an additional 1,377 shares in the last quarter. Cardinal Capital Management lifted its position in shares of Oil-Dri Corporation Of America by 15.3% during the second quarter. Cardinal Capital Management now owns 30,061 shares of the specialty chemicals company’s stock worth $1,263,000 after purchasing an additional 3,994 shares in the last quarter. Finally, Gamco Investors INC. ET AL lifted its position in shares of Oil-Dri Corporation Of America by 5.2% during the second quarter. Gamco Investors INC. ET AL now owns 590,250 shares of the specialty chemicals company’s stock worth $24,796,000 after purchasing an additional 29,216 shares in the last quarter. 53.97% of the stock is currently owned by institutional investors and hedge funds.

In other news, Director Allan H. Selig bought 1,000 shares of the firm’s stock in a transaction dated Friday, July 21st. The stock was acquired at an average price of $43.51 per share, for a total transaction of $43,510.00. Following the acquisition, the director now owns 30,500 shares of the company’s stock, valued at $1,327,055. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. 13.86% of the stock is currently owned by insiders.

Separately, BidaskClub raised shares of Oil-Dri Corporation Of America from a “hold” rating to a “buy” rating in a research report on Tuesday, July 11th.

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Shares of Oil-Dri Corporation Of America (ODC) traded down 1.40% during mid-day trading on Tuesday, hitting $41.54. 698 shares of the stock traded hands. The company has a market cap of $303.08 million, a P/E ratio of 20.74 and a beta of 1.08. The stock has a 50 day moving average price of $40.27 and a 200-day moving average price of $38.78. Oil-Dri Corporation Of America has a one year low of $31.35 and a one year high of $43.84.

The company also recently announced a quarterly dividend, which was paid on Friday, September 1st. Stockholders of record on Friday, August 18th were issued a dividend of $0.23 per share. The ex-dividend date of this dividend was Wednesday, August 16th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 2.18%. This is a boost from Oil-Dri Corporation Of America’s previous quarterly dividend of $0.22. Oil-Dri Corporation Of America’s payout ratio is presently 45.54%.

Oil-Dri Corporation Of America Company Profile

Oil-Dri Corporation of America is engaged in developing, manufacturing and/or marketing sorbent products. The Company operates through two segments: Retail and Wholesale Products Group, and Business to Business Products Group. The Retail and Wholesale Products Group’s customers include mass merchandisers, wholesale clubs, drugstore chains, dollar stores, distributors of industrial cleanup and automotive products, environmental service companies and sports field product users.

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Institutional Ownership by Quarter for Oil-Dri Corporation Of America (NYSE:ODC)

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