Oil-Dri Co. of America (NYSE:ODC) was upgraded by equities research analysts at TheStreet from a “c+” rating to a “b-” rating in a research report issued on Tuesday, TheStreetRatingsTable reports.

Separately, ValuEngine raised shares of Vermillion from a “hold” rating to a “buy” rating in a report on Wednesday, May 15th.

Oil-Dri Co. of America stock traded down $0.06 during midday trading on Tuesday, hitting $32.35. The stock had a trading volume of 11,042 shares, compared to its average volume of 8,617. The stock has a fifty day moving average of $30.88. The stock has a market capitalization of $262.46 million, a P/E ratio of 22.72 and a beta of 1.07. Oil-Dri Co. of America has a 52-week low of $24.25 and a 52-week high of $46.55. The company has a quick ratio of 1.91, a current ratio of 2.76 and a debt-to-equity ratio of 0.02.

In other Oil-Dri Co. of America news, Director Paul Hindsley purchased 2,788 shares of the company’s stock in a transaction on Monday, June 24th. The stock was acquired at an average cost of $30.29 per share, for a total transaction of $84,448.52. Following the purchase, the director now directly owns 2,126 shares of the company’s stock, valued at approximately $64,396.54. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 9.04% of the company’s stock.

A number of hedge funds have recently bought and sold shares of the business. Dimensional Fund Advisors LP boosted its stake in Oil-Dri Co. of America by 2.1% in the 4th quarter. Dimensional Fund Advisors LP now owns 418,575 shares of the specialty chemicals company’s stock worth $11,093,000 after purchasing an additional 8,711 shares during the period. BlackRock Inc. boosted its stake in Oil-Dri Co. of America by 2.6% in the 4th quarter. BlackRock Inc. now owns 264,223 shares of the specialty chemicals company’s stock worth $7,002,000 after purchasing an additional 6,755 shares during the period. North Star Investment Management Corp. boosted its stake in Oil-Dri Co. of America by 7.0% in the 1st quarter. North Star Investment Management Corp. now owns 66,150 shares of the specialty chemicals company’s stock worth $2,060,000 after purchasing an additional 4,325 shares during the period. Bank of New York Mellon Corp boosted its stake in Oil-Dri Co. of America by 6.7% in the 4th quarter. Bank of New York Mellon Corp now owns 58,723 shares of the specialty chemicals company’s stock worth $1,556,000 after purchasing an additional 3,690 shares during the period. Finally, Geode Capital Management LLC boosted its stake in Oil-Dri Co. of America by 5.3% in the 4th quarter. Geode Capital Management LLC now owns 42,678 shares of the specialty chemicals company’s stock worth $1,130,000 after purchasing an additional 2,164 shares during the period. Institutional investors and hedge funds own 51.36% of the company’s stock.

About Oil-Dri Co. of America

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.

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