Oxford Industries, Inc. (NYSE:OXM) Shares Acquired by Rhumbline Advisers

Rhumbline Advisers raised its position in shares of Oxford Industries, Inc. (NYSE:OXM) by 6.8% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 48,590 shares of the textile maker’s stock after purchasing an additional 3,114 shares during the period. Rhumbline Advisers owned 0.31% of Oxford Industries worth $3,828,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of OXM. FMR LLC raised its stake in shares of Oxford Industries by 36.8% during the third quarter. FMR LLC now owns 906,324 shares of the textile maker’s stock valued at $78,633,000 after purchasing an additional 244,022 shares in the last quarter. Victory Capital Management Inc. raised its position in shares of Oxford Industries by 31.6% during the 3rd quarter. Victory Capital Management Inc. now owns 652,726 shares of the textile maker’s stock worth $56,631,000 after buying an additional 156,634 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its stake in shares of Oxford Industries by 4.7% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 568,234 shares of the textile maker’s stock worth $49,300,000 after acquiring an additional 25,619 shares during the period. State Street Corp boosted its holdings in shares of Oxford Industries by 1.3% in the third quarter. State Street Corp now owns 559,581 shares of the textile maker’s stock valued at $48,549,000 after acquiring an additional 7,336 shares in the last quarter. Finally, Wellington Management Group LLP increased its stake in shares of Oxford Industries by 22.7% during the third quarter. Wellington Management Group LLP now owns 553,382 shares of the textile maker’s stock valued at $48,011,000 after acquiring an additional 102,525 shares during the period. Institutional investors own 91.16% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently commented on OXM shares. Telsey Advisory Group reissued a “market perform” rating and issued a $86.00 price objective on shares of Oxford Industries in a research note on Wednesday, December 4th. UBS Group lowered their price objective on shares of Oxford Industries from $81.00 to $80.00 and set a “neutral” rating on the stock in a research report on Thursday, December 12th.

Insider Transactions at Oxford Industries

In other Oxford Industries news, SVP Tracey Hernandez sold 1,250 shares of the business’s stock in a transaction dated Tuesday, January 14th. The shares were sold at an average price of $86.92, for a total value of $108,650.00. Following the transaction, the senior vice president now directly owns 1,681 shares in the company, valued at $146,112.52. The trade was a 42.65 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 5.70% of the stock is currently owned by insiders.

Oxford Industries Price Performance

Shares of NYSE:OXM opened at $62.12 on Friday. Oxford Industries, Inc. has a twelve month low of $61.10 and a twelve month high of $113.88. The company has a market cap of $975.27 million, a price-to-earnings ratio of 69.79 and a beta of 1.56. The business has a 50 day moving average price of $78.62 and a 200 day moving average price of $80.37. The company has a quick ratio of 0.71, a current ratio of 1.42 and a debt-to-equity ratio of 0.09.

Oxford Industries (NYSE:OXM) last released its earnings results on Wednesday, December 11th. The textile maker reported ($0.11) earnings per share for the quarter, missing the consensus estimate 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 quarterly revenue was down 5.7% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.01 EPS. Research analysts predict that Oxford Industries, Inc. will post 6.62 earnings per share for the current year.

Oxford Industries Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, January 31st. Investors of record on Friday, January 17th were paid a $0.67 dividend. The ex-dividend date was Friday, January 17th. This represents a $2.68 dividend on an annualized basis and a yield of 4.31%. Oxford Industries’s payout ratio is currently 301.12%.

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.