Uniplan Investment Counsel Inc. Sells 47,391 Shares of Oil-Dri Corporation Of America (ODC)

Uniplan Investment Counsel Inc. reduced its stake in Oil-Dri Corporation Of America (NYSE:ODC) by 25.2% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 140,890 shares of the specialty chemicals company’s stock after selling 47,391 shares during the period. Uniplan Investment Counsel Inc. owned 1.93% of Oil-Dri Corporation Of America worth $6,893,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the company. Gamco Investors INC. ET AL lifted its holdings in 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 acquiring an additional 29,216 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in Oil-Dri Corporation Of America by 1.3% during the second quarter. Dimensional Fund Advisors LP now owns 387,833 shares of the specialty chemicals company’s stock worth $16,293,000 after acquiring an additional 5,072 shares in the last quarter. Vanguard Group Inc. lifted its holdings in Oil-Dri Corporation Of America by 0.3% during the second quarter. Vanguard Group Inc. now owns 183,724 shares of the specialty chemicals company’s stock worth $7,718,000 after acquiring an additional 467 shares in the last quarter. State Street Corp lifted its holdings in Oil-Dri Corporation Of America by 7.5% during the second quarter. State Street Corp now owns 99,402 shares of the specialty chemicals company’s stock worth $4,175,000 after acquiring an additional 6,941 shares in the last quarter. Finally, Wells Fargo & Company MN lifted its holdings in Oil-Dri Corporation Of America by 5.1% during the third quarter. Wells Fargo & Company MN now owns 81,778 shares of the specialty chemicals company’s stock worth $4,002,000 after acquiring an additional 3,976 shares in the last quarter. Institutional investors and hedge funds own 53.84% of the company’s stock.

Separately, BidaskClub lowered Oil-Dri Corporation Of America from a “sell” rating to a “strong sell” rating in a report on Monday, August 14th.

In other Oil-Dri Corporation Of America news, Director Allan H. Selig bought 1,500 shares of Oil-Dri Corporation Of America stock in a transaction on Monday, October 16th. The shares were purchased at an average cost of $42.16 per share, for a total transaction of $63,240.00. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, insider Daniel S. Jaffee sold 6,390 shares of Oil-Dri Corporation Of America stock in a transaction dated Friday, October 13th. The stock was sold at an average price of $41.10, for a total value of $262,629.00. The disclosure for this sale can be found here. Insiders own 13.86% of the company’s stock.

Oil-Dri Corporation Of America (NYSE ODC) traded down $1.46 during mid-day trading on Thursday, reaching $43.67. The company’s stock had a trading volume of 3,800 shares, compared to its average volume of 7,832. The company has a current ratio of 2.94, a quick ratio of 2.26 and a debt-to-equity ratio of 0.07. The company has a market capitalization of $329.22, a price-to-earnings ratio of 30.49 and a beta of 1.09. Oil-Dri Corporation Of America has a 52-week low of $31.35 and a 52-week high of $50.82.

The firm also recently announced a quarterly dividend, which was paid on Friday, December 1st. Shareholders of record on Friday, November 17th were issued a dividend of $0.23 per share. The ex-dividend date was Thursday, November 16th. This represents a $0.92 annualized dividend and a yield of 2.11%. Oil-Dri Corporation Of America’s dividend payout ratio is presently 62.16%.

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Oil-Dri Corporation Of America 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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