Oxford Industries, Inc. (NYSE:OXM) Shares Acquired by SG Americas Securities LLC

SG Americas Securities LLC boosted its holdings in Oxford Industries, Inc. (NYSE:OXM) by 5.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,361 shares of the textile maker’s stock after purchasing an additional 240 shares during the quarter. SG Americas Securities LLC’s holdings in Oxford Industries were worth $378,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Capstone Investment Advisors LLC grew its stake in shares of Oxford Industries by 161.5% in the 1st quarter. Capstone Investment Advisors LLC now owns 15,160 shares of the textile maker’s stock valued at $1,704,000 after purchasing an additional 9,363 shares during the last quarter. Boston Partners purchased a new position in Oxford Industries in the 1st quarter valued at $990,000. Vanguard Group Inc. increased its stake in Oxford Industries by 0.3% in the 1st quarter. Vanguard Group Inc. now owns 1,767,543 shares of the textile maker’s stock valued at $198,672,000 after buying an additional 4,869 shares during the period. Maverick Capital Ltd. raised its position in Oxford Industries by 673.5% during the 2nd quarter. Maverick Capital Ltd. now owns 62,642 shares of the textile maker’s stock worth $6,274,000 after buying an additional 54,544 shares during the last quarter. Finally, Susquehanna Fundamental Investments LLC acquired a new stake in shares of Oxford Industries in the 1st quarter worth $2,056,000. Institutional investors and hedge funds own 91.16% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on OXM. Telsey Advisory Group dropped their price target on shares of Oxford Industries from $110.00 to $86.00 and set a “market perform” rating on the stock in a research note on Thursday, September 12th. UBS Group dropped their target price on Oxford Industries from $101.00 to $91.00 and set a “neutral” rating on the stock in a research report on Thursday, September 5th. Finally, Citigroup reduced their price target on Oxford Industries from $92.00 to $65.00 and set a “sell” rating for the company in a report on Friday, September 13th. One analyst has rated the stock with a sell rating, five have issued a hold rating and one has issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $90.40.

Oxford Industries Trading Up 1.8 %

OXM stock opened at $80.45 on Friday. The company’s 50-day moving average price is $83.79 and its 200 day moving average price is $96.56. Oxford Industries, Inc. has a 52 week low of $73.44 and a 52 week high of $113.88. The company has a market cap of $1.26 billion, a P/E ratio of 44.20 and a beta of 1.53.

Oxford Industries (NYSE:OXM) last announced its quarterly earnings results on Wednesday, September 11th. The textile maker reported $2.77 EPS for the quarter, missing the consensus estimate of $3.00 by ($0.23). Oxford Industries had a return on equity of 21.93% and a net margin of 1.92%. The firm had revenue of $419.89 million for the quarter, compared to analysts’ expectations of $438.16 million. During the same period last year, the firm earned $3.45 EPS. Oxford Industries’s revenue was down .1% compared to the same quarter last year. On average, equities research analysts expect that Oxford Industries, Inc. will post 7.16 earnings per share for the current year.

Oxford Industries Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, November 1st. Stockholders of record on Friday, October 18th will be given a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a dividend yield of 3.33%. The ex-dividend date is Friday, October 18th. Oxford Industries’s dividend payout ratio is currently 147.25%.

Insider Transactions at Oxford Industries

In related news, EVP Scott Grassmyer sold 1,495 shares of the stock in a transaction dated Tuesday, September 24th. The shares were sold at an average price of $86.77, for a total value of $129,721.15. Following the sale, the executive vice president now directly owns 31,428 shares of the company’s stock, valued at approximately $2,727,007.56. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 5.70% of the company’s stock.

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.