Epoch Investment Partners Inc. decreased its position in shares of Oxford Industries, Inc. (NYSE:OXM) by 27.9% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 194,921 shares of the textile maker’s stock after selling 75,489 shares during the quarter. Epoch Investment Partners Inc. owned approximately 1.16% of Oxford Industries worth $12,385,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in OXM. QS Investors LLC raised its position in Oxford Industries by 0.4% during the 2nd quarter. QS Investors LLC now owns 3,629 shares of the textile maker’s stock worth $227,000 after purchasing an additional 15 shares during the last quarter. Alps Advisors Inc. raised its position in Oxford Industries by 0.3% during the 2nd quarter. Alps Advisors Inc. now owns 9,005 shares of the textile maker’s stock worth $563,000 after purchasing an additional 23 shares during the last quarter. Pinebridge Investments L.P. raised its position in Oxford Industries by 1.5% during the 2nd quarter. Pinebridge Investments L.P. now owns 1,977 shares of the textile maker’s stock worth $124,000 after purchasing an additional 30 shares during the last quarter. Arizona State Retirement System raised its position in Oxford Industries by 1.3% during the 2nd quarter. Arizona State Retirement System now owns 7,855 shares of the textile maker’s stock worth $491,000 after purchasing an additional 100 shares during the last quarter. Finally, Texas Permanent School Fund raised its position in shares of Oxford Industries by 1.4% in the 2nd quarter. Texas Permanent School Fund now owns 10,956 shares of the textile maker’s stock worth $685,000 after acquiring an additional 150 shares in the last quarter. 89.14% of the stock is currently owned by institutional investors.
A number of analysts recently commented on the company. B. Riley reaffirmed a “buy” rating on shares of Oxford Industries in a research report on Wednesday, November 1st. Telsey Advisory Group boosted their target price on Oxford Industries from $65.00 to $68.00 and gave the company a “market perform” rating in a research report on Wednesday. SunTrust Banks reaffirmed a “buy” rating on shares of Oxford Industries in a research report on Thursday. Needham & Company LLC lowered Oxford Industries from a “buy” rating to a “hold” rating and set a $68.00 target price for the company. in a research report on Friday, December 1st. They noted that the move was a valuation call. Finally, DA Davidson set a $71.00 target price on Oxford Industries and gave the company a “hold” rating in a research report on Wednesday. Five research analysts have rated the stock with a hold rating and six have given a buy rating to the company. The company presently has a consensus rating of “Buy” and an average target price of $69.80.
Oxford Industries, Inc. (NYSE OXM) traded up $5.87 during trading on Thursday, reaching $72.05. The company had a trading volume of 515,300 shares, compared to its average volume of 162,424. Oxford Industries, Inc. has a fifty-two week low of $49.50 and a fifty-two week high of $73.62. The company has a current ratio of 1.68, a quick ratio of 0.70 and a debt-to-equity ratio of 0.09. The stock has a market capitalization of $1,210.00, a P/E ratio of 19.70, a price-to-earnings-growth ratio of 1.83 and a beta of 0.39.
Oxford Industries (NYSE:OXM) last issued its earnings results on Tuesday, December 5th. The textile maker reported $0.17 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.12 by $0.05. Oxford Industries had a net margin of 4.83% and a return on equity of 14.40%. The business had revenue of $236.00 million for the quarter, compared to analysts’ expectations of $242.98 million. During the same quarter in the previous year, the firm posted ($0.07) EPS. The business’s revenue for the quarter was up 6.2% compared to the same quarter last year. equities analysts anticipate that Oxford Industries, Inc. will post 3.62 earnings per share for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Friday, February 2nd. Shareholders of record on Friday, January 19th will be issued a dividend of $0.27 per share. The ex-dividend date is Thursday, January 18th. This represents a $1.08 dividend on an annualized basis and a yield of 1.50%. Oxford Industries’s payout ratio is 34.07%.
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About Oxford Industries
Oxford Industries, Inc is an apparel company. The Company designs, sources, markets and distributes products bearing the trademarks of its owned Tommy Bahama, Lilly Pulitzer and Southern Tide lifestyle brands, other owned brands and licensed brands, as well as private label apparel products. It distributes its lifestyle branded products through its direct to consumer channels, consisting of its Tommy Bahama and Lilly Pulitzer full-price retail stores and its e-commerce sites for Tommy Bahama, Lilly Pulitzer and Southern Tide, and through its wholesale distribution channels.
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