New York State Teachers Retirement System Sells 300 Shares of Oxford Industries, Inc. (NYSE:OXM)

New York State Teachers Retirement System lowered its position in Oxford Industries, Inc. (NYSE:OXM) by 1.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 24,593 shares of the textile maker’s stock after selling 300 shares during the period. New York State Teachers Retirement System owned 0.16% of Oxford Industries worth $1,937,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. FMR LLC increased its position 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 worth $78,633,000 after acquiring an additional 244,022 shares in the last quarter. Victory Capital Management Inc. grew 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 purchasing an additional 156,634 shares in the last quarter. Wellington Management Group LLP grew its stake in Oxford Industries by 22.7% during the third quarter. Wellington Management Group LLP now owns 553,382 shares of the textile maker’s stock worth $48,011,000 after buying an additional 102,525 shares in the last quarter. Verition Fund Management LLC boosted its holdings in shares of Oxford Industries by 148.3% in the 3rd quarter. Verition Fund Management LLC now owns 141,485 shares of the textile maker’s stock valued at $12,275,000 after purchasing an additional 84,505 shares in the last quarter. Finally, Hotchkis & Wiley Capital Management LLC boosted its stake in shares of Oxford Industries by 221.0% in the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 96,330 shares of the textile maker’s stock valued at $8,358,000 after purchasing an additional 66,320 shares in the last quarter. Institutional investors and hedge funds own 91.16% of the company’s stock.

Wall Street Analysts Forecast Growth

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

Oxford Industries Price Performance

OXM stock opened at $71.83 on Friday. The firm has a 50 day simple moving average of $80.34 and a two-hundred day simple moving average of $81.21. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.42 and a quick ratio of 0.71. The stock has a market cap of $1.13 billion, a PE ratio of 80.71 and a beta of 1.56. Oxford Industries, Inc. has a one year low of $70.27 and a one year high of $113.88.

Oxford Industries (NYSE:OXM) last released its earnings results on Wednesday, December 11th. The textile maker reported ($0.11) EPS for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.20). The firm 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% compared to the same quarter last year. During the same period in the prior year, the company earned $1.01 EPS. On average, analysts predict that Oxford Industries, Inc. will post 6.62 EPS for the current fiscal year.

Oxford Industries Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 31st. Shareholders of record on Friday, January 17th were given a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a yield of 3.73%. The ex-dividend date of this dividend was Friday, January 17th. Oxford Industries’s payout ratio is currently 301.12%.

Insiders Place Their Bets

In other Oxford Industries news, SVP Tracey Hernandez sold 1,250 shares of Oxford Industries stock in a transaction that occurred on Tuesday, January 14th. The stock was sold at an average price of $86.92, for a total transaction of $108,650.00. Following the sale, the senior vice president now directly owns 1,681 shares of the company’s stock, valued at approximately $146,112.52. The trade was a 42.65 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 5.70% of the company’s stock.

About Oxford Industries

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.