Oil-Dri Co. of America (NYSE:ODC) Shares Pass Above 200 Day Moving Average of $0.00

Share on StockTwits

Oil-Dri Co. of America (NYSE:ODC)’s stock price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $0.00 and traded as high as $34.34. Oil-Dri Co. of America shares last traded at $34.10, with a volume of 4,960 shares changing hands.

Several analysts have recently issued reports on ODC shares. ValuEngine upgraded Zillow Group from a “hold” rating to a “buy” rating in a research report on Thursday, July 11th. TheStreet upgraded South Jersey Industries from a “c+” rating to a “b-” rating in a research note on Tuesday, July 9th.

The firm has a market cap of $261.63 million, a PE ratio of 22.65 and a beta of 1.07. The business’s 50 day simple moving average is $31.45. The company has a quick ratio of 1.91, a current ratio of 2.76 and a debt-to-equity ratio of 0.02.

The firm also recently announced a quarterly dividend, which will be paid on Friday, August 30th. Investors of record on Friday, August 16th will be paid a $0.25 dividend. This is a positive change from Oil-Dri Co. of America’s previous quarterly dividend of $0.24. This represents a $1.00 annualized dividend and a yield of 2.88%. The ex-dividend date of this dividend is Thursday, August 15th.

In other Oil-Dri Co. of America news, Director Paul Hindsley bought 2,788 shares of the company’s stock in a transaction that occurred on Monday, June 24th. The stock was purchased at an average cost of $30.29 per share, for a total transaction of $84,448.52. Following the completion of the purchase, the director now owns 2,126 shares of the company’s stock, valued at approximately $64,396.54. The purchase was disclosed in a filing with the SEC, which is available through the SEC website. Corporate insiders own 9.04% of the company’s stock.

A number of institutional investors have recently added to or reduced their stakes in the stock. BlackRock Inc. lifted its position in shares of Oil-Dri Co. of America by 2.6% during the 4th quarter. BlackRock Inc. now owns 264,223 shares of the specialty chemicals company’s stock valued at $7,002,000 after buying an additional 6,755 shares in the last quarter. Bank of New York Mellon Corp lifted its position in shares of Oil-Dri Co. of America by 6.7% during the 4th quarter. Bank of New York Mellon Corp now owns 58,723 shares of the specialty chemicals company’s stock valued at $1,556,000 after buying an additional 3,690 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in shares of Oil-Dri Co. of America by 2.1% during the 4th quarter. Dimensional Fund Advisors LP now owns 418,575 shares of the specialty chemicals company’s stock valued at $11,093,000 after buying an additional 8,711 shares in the last quarter. Geode Capital Management LLC lifted its position in shares of Oil-Dri Co. of America by 5.3% during the 4th quarter. Geode Capital Management LLC now owns 42,678 shares of the specialty chemicals company’s stock valued at $1,130,000 after buying an additional 2,164 shares in the last quarter. Finally, Bank of America Corp DE lifted its position in shares of Oil-Dri Co. of America by 29.4% during the 4th quarter. Bank of America Corp DE now owns 5,724 shares of the specialty chemicals company’s stock valued at $152,000 after buying an additional 1,302 shares in the last quarter. Hedge funds and other institutional investors own 51.37% of the company’s stock.

Oil-Dri Co. of America Company Profile (NYSE:ODC)

Oil-Dri Corporation of America develops, manufactures, and markets sorbent products in the United States and internationally. It operates through two segments, Retail and Wholesale Products Group, and Business to Business Products Group. The company provides agricultural and horticultural products, including mineral-based absorbent products, which serve as chemical carriers, drying agents, and growing media under the Agsorb, Verge, Flo-Fre, and Terra-Green brand names.

See Also: What is a Special Dividend?

Receive News & Ratings for Oil-Dri Co. of America Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Oil-Dri Co. of America and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

Analysts Expect Washington Federal Inc.  Will Post Earnings of $0.66 Per Share
Analysts Expect Washington Federal Inc. Will Post Earnings of $0.66 Per Share
Elevate Credit Inc  Receives Average Rating of “Hold” from Analysts
Elevate Credit Inc Receives Average Rating of “Hold” from Analysts
Potlatchdeltic  Raised to “Buy” at BidaskClub
Potlatchdeltic Raised to “Buy” at BidaskClub
Buckle  Announces  Earnings Results
Buckle Announces Earnings Results
Worleyparsons Limited  Announces Final Dividend of $0.15
Worleyparsons Limited Announces Final Dividend of $0.15
Black Stone Minerals LP  Expected to Post Earnings of $0.28 Per Share
Black Stone Minerals LP Expected to Post Earnings of $0.28 Per Share


 
© 2006-2019 Zolmax.