Barclays PLC Decreases Stock Holdings in Oxford Industries, Inc. (NYSE:OXM)

Barclays PLC trimmed its position in shares of Oxford Industries, Inc. (NYSE:OXM) by 40.0% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,418 shares of the textile maker’s stock after selling 7,624 shares during the period. Barclays PLC owned approximately 0.07% of Oxford Industries worth $1,124,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also modified their holdings of OXM. Steward Partners Investment Advisory LLC purchased a new stake in Oxford Industries during the 4th quarter valued at $25,000. Coppell Advisory Solutions Corp. purchased a new stake in Oxford Industries during the 4th quarter valued at $35,000. First Horizon Advisors Inc. raised its holdings in Oxford Industries by 120.8% during the 2nd quarter. First Horizon Advisors Inc. now owns 446 shares of the textile maker’s stock valued at $44,000 after buying an additional 244 shares during the period. UBS Group AG raised its holdings in Oxford Industries by 51.4% during the 3rd quarter. UBS Group AG now owns 501 shares of the textile maker’s stock valued at $45,000 after buying an additional 170 shares during the period. Finally, Ameritas Advisory Services LLC purchased a new stake in Oxford Industries during the 1st quarter valued at $53,000. 87.89% of the stock is owned by hedge funds and other institutional investors.

Oxford Industries Trading Up 2.6 %

Oxford Industries stock opened at $94.53 on Monday. The stock has a 50-day moving average of $91.60 and a two-hundred day moving average of $98.83. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.52 and a current ratio of 1.21. Oxford Industries, Inc. has a one year low of $82.33 and a one year high of $123.37. The stock has a market cap of $1.48 billion, a PE ratio of 9.38 and a beta of 1.57.

Oxford Industries (NYSE:OXM) last released its quarterly earnings results on Thursday, August 31st. The textile maker reported $3.45 EPS for the quarter, missing analysts’ consensus estimates of $3.46 by ($0.01). Oxford Industries had a net margin of 10.53% and a return on equity of 30.33%. The business had revenue of $420.32 million during the quarter, compared to analysts’ expectations of $424.27 million. During the same quarter last year, the business posted $3.61 earnings per share. The company’s quarterly revenue was up 15.7% compared to the same quarter last year. On average, research analysts anticipate that Oxford Industries, Inc. will post 10.38 EPS for the current fiscal year.

Oxford Industries Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, October 27th. Shareholders of record on Friday, October 13th were paid a $0.65 dividend. This represents a $2.60 dividend on an annualized basis and a yield of 2.75%. The ex-dividend date was Thursday, October 12th. Oxford Industries’s dividend payout ratio (DPR) is presently 25.79%.

Analysts Set New Price Targets

Several research firms recently weighed in on OXM. StockNews.com lowered Oxford Industries from a “buy” rating to a “hold” rating in a report on Monday, November 6th. Telsey Advisory Group reduced their target price on Oxford Industries from $115.00 to $107.00 and set a “market perform” rating on the stock in a research note on Friday, September 1st. UBS Group reduced their target price on Oxford Industries from $110.00 to $108.00 and set a “neutral” rating on the stock in a research note on Wednesday, August 23rd. KeyCorp reduced their target price on Oxford Industries from $130.00 to $120.00 and set an “overweight” rating on the stock in a research note on Wednesday, October 25th. Finally, B. Riley reiterated a “neutral” rating and issued a $90.00 target price on shares of Oxford Industries in a research note on Monday, November 6th. Four research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $110.50.

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; women's and girl's dresses and sportswear, scarves, bags, jewelry, and belts, as well as footwear and children's apparel and swimwear under the Lilly Pulitzer brand; and men's shirts, pants, shorts, outerwear, ties, swimwear, footwear, and accessories, as well as women and youth products under the Southern Tide brand.