Oxford Industries, Inc. (NYSE:OXM) Shares Acquired by Quadrature Capital Ltd

Quadrature Capital Ltd boosted its position in shares of Oxford Industries, Inc. (NYSE:OXM) by 109.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,535 shares of the textile maker’s stock after purchasing an additional 5,509 shares during the period. Quadrature Capital Ltd owned approximately 0.07% of Oxford Industries worth $1,054,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in OXM. Quest Partners LLC bought a new position in Oxford Industries during the 4th quarter valued at $36,000. Virtu Financial LLC bought a new position in Oxford Industries during the 4th quarter valued at $206,000. Olympiad Research LP bought a new position in Oxford Industries during the 4th quarter valued at $227,000. AXQ Capital LP bought a new position in Oxford Industries during the 3rd quarter valued at $221,000. Finally, Precedent Wealth Partners LLC bought a new position in Oxford Industries during the 4th quarter valued at $236,000. 91.16% of the stock is owned by institutional investors and hedge funds.

Oxford Industries Stock Down 0.4 %

OXM stock opened at $100.32 on Friday. The company has a quick ratio of 0.68, a current ratio of 1.32 and a debt-to-equity ratio of 0.03. Oxford Industries, Inc. has a fifty-two week low of $82.33 and a fifty-two week high of $113.88. The firm’s 50-day simple moving average is $105.63 and its 200 day simple moving average is $102.50. The stock has a market cap of $1.57 billion, a PE ratio of 40.62 and a beta of 1.55.

Oxford Industries (NYSE:OXM) last announced its earnings results on Wednesday, June 12th. The textile maker reported $2.66 EPS for the quarter, missing the consensus estimate of $2.70 by ($0.04). Oxford Industries had a return on equity of 23.78% and a net margin of 2.62%. The firm had revenue of $398.18 million during the quarter, compared to analyst estimates of $404.81 million. During the same quarter in the previous year, the business earned $3.78 earnings per share. The business’s quarterly revenue was down 5.2% compared to the same quarter last year. As a group, sell-side analysts predict that Oxford Industries, Inc. will post 8.8 EPS for the current year.

Oxford Industries Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, August 2nd. Investors of record on Friday, July 19th will be issued a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a dividend yield of 2.67%. The ex-dividend date of this dividend is Friday, July 19th. Oxford Industries’s dividend payout ratio is currently 108.50%.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the stock. UBS Group reduced their price objective on shares of Oxford Industries from $106.00 to $104.00 and set a “neutral” rating on the stock in a research note on Monday, April 1st. Citigroup reduced their price target on shares of Oxford Industries from $94.00 to $92.00 and set a “sell” rating on the stock in a research report on Thursday, June 13th. Finally, Telsey Advisory Group restated a “market perform” rating and issued a $110.00 price target on shares of Oxford Industries in a research report on Thursday, June 13th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $103.20.

Insider Buying and Selling

In related news, EVP Thomas E. Campbell sold 17,540 shares of the firm’s stock in a transaction that occurred on Friday, June 14th. The shares were sold at an average price of $99.91, for a total transaction of $1,752,421.40. Following the completion of the sale, the executive vice president now directly owns 24,865 shares in the company, valued at $2,484,262.15. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. In other Oxford Industries news, CEO Douglas B. Wood sold 33,587 shares of Oxford Industries stock in a transaction that occurred on Friday, April 5th. The shares were sold at an average price of $104.95, for a total value of $3,524,955.65. Following the completion of the sale, the chief executive officer now directly owns 12,394 shares in the company, valued at $1,300,750.30. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Thomas E. Campbell sold 17,540 shares of Oxford Industries stock in a transaction that occurred on Friday, June 14th. The shares were sold at an average price of $99.91, for a total transaction of $1,752,421.40. Following the completion of the sale, the executive vice president now owns 24,865 shares of the company’s stock, valued at $2,484,262.15. The disclosure for this sale can be found here. 5.70% of the stock is currently owned by corporate insiders.

Oxford Industries Company Profile

Oxford Industries, Inc, an apparel company, designs, sources, markets, and distributes products of lifestyle and other brands worldwide. The company offers men's and women's sportswear and related products under the Tommy Bahama brand; and women's and girl's dresses and sportswear, scarves, bags, jewelry, and belts, as well as children's apparel, swim, footwear, and licensed products under the Lilly Pulitzer brand.