American Century Companies Inc. Has $7.14 Million Holdings in Oil-Dri Co. of America (NYSE:ODC)

American Century Companies Inc. increased its position in Oil-Dri Co. of America (NYSE:ODC) by 24.3% in the second quarter, according to its most recent 13F filing with the SEC. The firm owned 111,348 shares of the specialty chemicals company’s stock after purchasing an additional 21,740 shares during the period. American Century Companies Inc. owned about 1.53% of Oil-Dri Co. of America worth $7,136,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Victory Capital Management Inc. lifted its holdings in shares of Oil-Dri Co. of America by 1,617.3% in the second quarter. Victory Capital Management Inc. now owns 22,685 shares of the specialty chemicals company’s stock valued at $1,454,000 after purchasing an additional 21,364 shares in the last quarter. Rhumbline Advisers boosted its position in Oil-Dri Co. of America by 19.4% during the 2nd quarter. Rhumbline Advisers now owns 6,871 shares of the specialty chemicals company’s stock worth $440,000 after acquiring an additional 1,115 shares during the period. Ellsworth Advisors LLC boosted its position in Oil-Dri Co. of America by 6.6% during the 2nd quarter. Ellsworth Advisors LLC now owns 7,453 shares of the specialty chemicals company’s stock worth $478,000 after acquiring an additional 459 shares during the period. Cardinal Capital Management grew its stake in Oil-Dri Co. of America by 1.1% during the 2nd quarter. Cardinal Capital Management now owns 46,239 shares of the specialty chemicals company’s stock valued at $2,963,000 after acquiring an additional 495 shares in the last quarter. Finally, Janus Henderson Group PLC acquired a new position in shares of Oil-Dri Co. of America in the 1st quarter valued at about $245,000. 49.01% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Separately, StockNews.com downgraded shares of Oil-Dri Co. of America from a “buy” rating to a “hold” rating in a research report on Tuesday, July 2nd.

Oil-Dri Co. of America Trading Down 0.1 %

NYSE ODC opened at $68.94 on Tuesday. The company has a current ratio of 3.06, a quick ratio of 2.18 and a debt-to-equity ratio of 0.20. Oil-Dri Co. of America has a 1-year low of $54.80 and a 1-year high of $87.32. The firm’s fifty day simple moving average is $65.62 and its 200-day simple moving average is $69.66. The company has a market capitalization of $502.30 million, a PE ratio of 11.61 and a beta of 0.59.

About Oil-Dri Co. of America

Oil-Dri Corporation of America, together with its subsidiaries, develops, manufactures, and markets sorbent products in the United States and internationally. It operates in 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 that serve as carriers for biological and chemical active ingredients, drying agents, and growing media under the Agsorb, Verge, and Flo-Fre brand names.