Oil-Dri Corporation Of America (NYSE:ODC) hit a new 52-week high during trading on Monday . The company traded as high as $46.42 and last traded at $46.42, with a volume of 1,154 shares. The stock had previously closed at $46.31.

Separately, BidaskClub lowered Oil-Dri Corporation Of America from a “buy” rating to a “hold” rating in a research report on Monday, July 24th.

The company has a 50 day moving average price of $40.36 and a 200 day moving average price of $39.14. The firm has a market capitalization of $338.68 million, a PE ratio of 23.18 and a beta of 1.08.

In other Oil-Dri Corporation Of America news, Director Allan H. Selig purchased 1,000 shares of the stock in a transaction on Friday, July 21st. The stock was bought at an average cost of $43.51 per share, for a total transaction of $43,510.00. Following the completion of the acquisition, the director now directly 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 can be accessed through this hyperlink. 13.86% of the stock is owned by corporate insiders.

Several hedge funds have recently bought and sold shares of ODC. Acrospire Investment Management LLC boosted its position in shares of Oil-Dri Corporation Of America by 728.1% during the second quarter. Acrospire Investment Management LLC now owns 2,890 shares of the specialty chemicals company’s stock worth $121,000 after buying an additional 2,541 shares during the period. Algert Global LLC acquired a new position in shares of Oil-Dri Corporation Of America during the second quarter worth about $217,000. New York State Common Retirement Fund boosted its position in shares of Oil-Dri Corporation Of America by 12.7% during the second quarter. New York State Common Retirement Fund now owns 5,300 shares of the specialty chemicals company’s stock worth $223,000 after buying an additional 599 shares during the period. Nationwide Fund Advisors boosted its position in shares of Oil-Dri Corporation Of America by 146.1% during the second quarter. Nationwide Fund Advisors now owns 7,889 shares of the specialty chemicals company’s stock worth $331,000 after buying an additional 4,684 shares during the period. Finally, Russell Investments Group Ltd. boosted 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 buying an additional 1,377 shares during the period. 53.97% of the stock is owned by institutional investors.

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About Oil-Dri Corporation Of America

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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