Oil-Dri Co. of America (NYSE:ODC) Shares Purchased by American Century Companies Inc.

American Century Companies Inc. grew its stake in shares of Oil-Dri Co. of America ( NYSE:ODC – Free Report ) by 11.

5% in the fourth quarter, Holdings Channel.com reports. The fund owned 146,239 shares of the specialty chemicals company’s stock after buying an additional 15,041 shares during the quarter.



American Century Companies Inc.’s holdings in Oil-Dri Co. of America were worth $12,816,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the stock. Victory Capital Management Inc. lifted its holdings in shares of Oil-Dri Co.

of America by 17.8% during the fourth quarter. Victory Capital Management Inc.

now owns 26,793 shares of the specialty chemicals company’s stock valued at $2,348,000 after purchasing an additional 4,050 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. lifted its stake in Oil-Dri Co.

of America by 18.2% during the fourth quarter. Connor Clark & Lunn Investment Management Ltd.

now owns 6,500 shares of the specialty chemicals company’s stock valued at $570,000 after buying an additional 1,000 shares in the last quarter. Royce & Associates LP boosted its holdings in shares of Oil-Dri Co. of America by 2.

5% in the fourth quarter. Royce & Associates LP now owns 166,000 shares of the specialty chemicals company’s stock worth $14,548,000 after buying an additional 4,000 shares during the period. JPMorgan Chase & Co.

increased its position in shares of Oil-Dri Co. of America by 12.6% in the third quarter.

JPMorgan Chase & Co. now owns 2,401 shares of the specialty chemicals company’s stock worth $166,000 after acquiring an additional 268 shares in the last quarter. Finally, Barclays PLC raised its holdings in shares of Oil-Dri Co.

of America by 41.5% during the third quarter. Barclays PLC now owns 9,743 shares of the specialty chemicals company’s stock valued at $673,000 after acquiring an additional 2,859 shares during the period.

49.01% of the stock is owned by institutional investors. Oil-Dri Co.

of America Stock Performance Shares of ODC stock opened at $46.54 on Wednesday. The stock’s fifty day simple moving average is $44.

58 and its 200-day simple moving average is $31.11. The company has a market capitalization of $679.

18 million, a price-to-earnings ratio of 15.04 and a beta of 0.44.

The company has a current ratio of 2.63, a quick ratio of 1.61 and a debt-to-equity ratio of 0.

20. Oil-Dri Co. of America has a 1-year low of $29.

47 and a 1-year high of $49.72. Oil-Dri Co.

of America Announces Dividend The business also recently announced a quarterly dividend, which will be paid on Friday, May 23rd. Shareholders of record on Friday, May 9th will be paid a dividend of $0.155 per share.

This represents a $0.62 dividend on an annualized basis and a dividend yield of 1.33%.

The ex-dividend date is Friday, May 9th. Oil-Dri Co. of America’s dividend payout ratio (DPR) is currently 19.

81%. Insider Activity In related news, Director Amy Ryan sold 2,100 shares of the stock in a transaction that occurred on Thursday, January 23rd. The stock was sold at an average price of $41.

78, for a total value of $87,738.00. Following the transaction, the director now owns 3,900 shares in the company, valued at approximately $162,942.

This represents a 35.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link .

Also, VP Christopher B. Lamson sold 3,154 shares of Oil-Dri Co. of America stock in a transaction that occurred on Wednesday, January 22nd.

The shares were sold at an average price of $42.75, for a total transaction of $134,833.50.

Following the completion of the sale, the vice president now owns 70,796 shares of the company’s stock, valued at $3,026,529. This trade represents a 4.27 % decrease in their ownership of the stock.

The disclosure for this sale can be found here . 11.66% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth Separately, StockNews.com raised shares of Oil-Dri Co. of America from a “hold” rating to a “buy” rating in a research note on Wednesday, March 26th.

Get Our Latest Report on ODC About Oil-Dri Co. of America ( Free Report ) 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.

Featured Stories Want to see what other hedge funds are holding ODC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Oil-Dri Co. of America ( NYSE:ODC – Free Report ).

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 ..