Oxford Industries, Inc. (NYSE:OXM) Shares Sold by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC trimmed its stake in shares of Oxford Industries, Inc. (NYSE:OXM) by 15.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 20,188 shares of the textile maker’s stock after selling 3,683 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.13% of Oxford Industries worth $1,752,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. FORA Capital LLC acquired a new stake in shares of Oxford Industries during the third quarter worth approximately $300,000. RBO & Co. LLC lifted its position in Oxford Industries by 5.4% in the 3rd quarter. RBO & Co. LLC now owns 115,321 shares of the textile maker’s stock worth $10,005,000 after buying an additional 5,896 shares in the last quarter. Quantbot Technologies LP boosted its stake in shares of Oxford Industries by 229.3% during the 3rd quarter. Quantbot Technologies LP now owns 21,655 shares of the textile maker’s stock valued at $1,879,000 after buying an additional 15,078 shares during the period. FMR LLC grew its holdings in shares of Oxford Industries by 36.8% during the 3rd quarter. FMR LLC now owns 906,324 shares of the textile maker’s stock valued at $78,633,000 after acquiring an additional 244,022 shares in the last quarter. Finally, Cerity Partners LLC increased its stake in shares of Oxford Industries by 25.6% in the third quarter. Cerity Partners LLC now owns 10,644 shares of the textile maker’s stock worth $923,000 after acquiring an additional 2,167 shares during the last quarter. Institutional investors and hedge funds own 91.16% of the company’s stock.

Insider Activity at Oxford Industries

In other news, EVP Scott Grassmyer sold 1,495 shares of the business’s stock in a transaction dated Tuesday, September 24th. The shares were sold at an average price of $86.77, for a total transaction of $129,721.15. Following the transaction, the executive vice president now owns 31,428 shares in the company, valued at approximately $2,727,007.56. The trade was a 4.54 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 5.70% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

OXM has been the subject of a number of research reports. UBS Group reduced their price objective on Oxford Industries from $81.00 to $80.00 and set a “neutral” rating for the company in a research report on Thursday, December 12th. Telsey Advisory Group reaffirmed a “market perform” rating and set a $86.00 price target on shares of Oxford Industries in a research note on Wednesday, December 4th. Finally, Citigroup lowered their price target on Oxford Industries from $92.00 to $65.00 and set a “sell” rating for the company in a research note on Friday, September 13th.

Oxford Industries Price Performance

NYSE OXM opened at $86.47 on Tuesday. Oxford Industries, Inc. has a fifty-two week low of $72.24 and a fifty-two week high of $113.88. The stock’s 50-day moving average is $78.12 and its two-hundred day moving average is $88.24. The firm has a market cap of $1.36 billion, a P/E ratio of 97.16 and a beta of 1.56. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.42 and a quick ratio of 0.65.

Oxford Industries (NYSE:OXM) last issued its quarterly earnings data on Wednesday, December 11th. The textile maker reported ($0.11) earnings per share for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.20). The company had revenue of $308.00 million during the quarter, compared to the consensus estimate of $316.84 million. Oxford Industries had a net margin of 0.98% and a return on equity of 19.09%. The firm’s revenue was down 5.7% on a year-over-year basis. During the same period in the previous year, the business posted $1.01 earnings per share. On average, analysts anticipate that Oxford Industries, Inc. will post 6.62 earnings per share for the current fiscal year.

Oxford Industries Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 31st. Investors of record on Friday, January 17th will be given a dividend of $0.67 per share. The ex-dividend date is Friday, January 17th. This represents a $2.68 annualized dividend and a dividend yield of 3.10%. Oxford Industries’s dividend payout ratio is presently 301.13%.

Oxford Industries 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.