Advisory Research Inc. acquired a new stake in shares of Oxford Industries Inc (NYSE:OXM) during the fourth quarter, Holdings Channel reports. The institutional investor acquired 17,592 shares of the textile maker’s stock, valued at approximately $1,323,000.
Other large investors also recently added to or reduced their stakes in the company. Stifel Financial Corp bought a new stake in shares of Oxford Industries during the 2nd quarter valued at $202,000. Piedmont Investment Advisors LLC bought a new stake in shares of Oxford Industries during the 2nd quarter valued at $203,000. Macquarie Group Ltd. bought a new stake in shares of Oxford Industries during the 3rd quarter valued at $205,000. Raymond James Financial Services Advisors Inc. bought a new stake in shares of Oxford Industries during the 3rd quarter valued at $222,000. Finally, QS Investors LLC raised its stake in shares of Oxford Industries by 0.4% during the 2nd quarter. QS Investors LLC now owns 3,629 shares of the textile maker’s stock valued at $227,000 after purchasing an additional 15 shares during the period. Institutional investors own 89.52% of the company’s stock.
Oxford Industries Inc (NYSE:OXM) opened at $79.37 on Friday. The firm has a market capitalization of $1,344.47, a PE ratio of 26.02, a price-to-earnings-growth ratio of 1.78 and a beta of 0.36. The company has a quick ratio of 0.91, a current ratio of 1.99 and a debt-to-equity ratio of 0.18. Oxford Industries Inc has a one year low of $49.50 and a one year high of $84.32.
Oxford Industries (NYSE:OXM) last announced its earnings results on Tuesday, December 5th. The textile maker reported $0.17 earnings per share for the quarter, topping analysts’ consensus estimates of $0.12 by $0.05. The business had revenue of $236.00 million for the quarter, compared to analyst estimates of $242.98 million. Oxford Industries had a return on equity of 14.26% and a net margin of 4.83%. The company’s quarterly revenue was up 6.2% compared to the same quarter last year. During the same period in the prior year, the company earned ($0.07) EPS. equities analysts predict that Oxford Industries Inc will post 3.65 earnings per share for the current fiscal year.
The firm also recently announced a quarterly dividend, which was paid on Friday, February 2nd. Shareholders of record on Friday, January 19th were paid a $0.27 dividend. The ex-dividend date of this dividend was Thursday, January 18th. This represents a $1.08 dividend on an annualized basis and a yield of 1.36%. Oxford Industries’s dividend payout ratio is currently 35.41%.
A number of analysts recently issued reports on the company. B. Riley reiterated a “buy” rating on shares of Oxford Industries in a research note on Wednesday, November 1st. SunTrust Banks boosted their price objective on Oxford Industries to $90.00 and gave the company a “buy” rating in a research note on Tuesday, January 9th. Needham & Company LLC lowered Oxford Industries from a “buy” rating to a “hold” rating and set a $68.00 price objective on the stock. in a research note on Friday, December 1st. They noted that the move was a valuation call. Zacks Investment Research lowered Oxford Industries from a “buy” rating to a “hold” rating in a research note on Wednesday, December 20th. Finally, Telsey Advisory Group boosted their price objective on Oxford Industries from $65.00 to $68.00 and gave the company a “market perform” rating in a research note on Wednesday, December 6th. Three research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus price target of $77.80.
In other Oxford Industries news, insider James Wesley Howard, Jr. sold 4,750 shares of the company’s stock in a transaction dated Wednesday, January 10th. The stock was sold at an average price of $80.25, for a total value of $381,187.50. Following the transaction, the insider now directly owns 6,204 shares in the company, valued at approximately $497,871. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Dennis M. Love sold 1,500 shares of the company’s stock in a transaction dated Friday, December 8th. The stock was sold at an average price of $72.09, for a total value of $108,135.00. Following the completion of the transaction, the director now owns 17,002 shares in the company, valued at $1,225,674.18. The disclosure for this sale can be found here. 3.29% of the stock is owned by corporate insiders.
Oxford Industries Profile
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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