Vanguard Group Inc. Has $139.08 Million Position in Oxford Industries, Inc. (NYSE:OXM)

Vanguard Group Inc. grew its stake in shares of Oxford Industries, Inc. (NYSE:OXM) by 0.1% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,765,391 shares of the textile maker’s stock after acquiring an additional 2,476 shares during the period. Vanguard Group Inc. owned 11.24% of Oxford Industries worth $139,078,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Global Alpha Capital Management Ltd. purchased a new position in Oxford Industries in the fourth quarter valued at about $16,489,000. Wellington Management Group LLP lifted its holdings in shares of Oxford Industries by 22.7% during the 3rd quarter. Wellington Management Group LLP now owns 553,382 shares of the textile maker’s stock valued at $48,011,000 after buying an additional 102,525 shares during the last quarter. Raymond James Financial Inc. bought a new stake in shares of Oxford Industries in the 4th quarter valued at approximately $4,041,000. American Century Companies Inc. increased its holdings in Oxford Industries by 11.9% in the fourth quarter. American Century Companies Inc. now owns 479,534 shares of the textile maker’s stock worth $37,778,000 after buying an additional 51,155 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. raised its position in Oxford Industries by 8.9% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 618,654 shares of the textile maker’s stock valued at $48,738,000 after acquiring an additional 50,420 shares in the last quarter. 91.16% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, Director Milford W. Mcguirt purchased 1,000 shares of the stock in a transaction that occurred on Wednesday, April 2nd. The shares were purchased at an average cost of $58.70 per share, for a total transaction of $58,700.00. Following the completion of the purchase, the director now directly owns 7,180 shares of the company’s stock, valued at approximately $421,466. The trade was a 16.18 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Tracey Hernandez sold 1,250 shares of the company’s stock in a transaction that occurred on Tuesday, January 14th. The shares were sold at an average price of $86.92, for a total value of $108,650.00. Following the completion of the transaction, the senior vice president now directly owns 1,681 shares of the company’s stock, valued at approximately $146,112.52. This trade represents a 42.65 % decrease in their position. The disclosure for this sale can be found here. 5.70% of the stock is currently owned by insiders.

Oxford Industries Stock Performance

NYSE:OXM opened at $53.10 on Tuesday. The firm has a market capitalization of $789.35 million, a PE ratio of 59.66 and a beta of 1.40. Oxford Industries, Inc. has a 1 year low of $50.95 and a 1 year high of $111.46. The company has a current ratio of 1.42, a quick ratio of 0.71 and a debt-to-equity ratio of 0.09. The firm’s fifty day simple moving average is $66.48 and its 200 day simple moving average is $75.44.

Oxford Industries (NYSE:OXM) last issued its quarterly earnings results on Thursday, March 27th. The textile maker reported $1.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.28 by $0.09. Oxford Industries had a return on equity of 19.09% and a net margin of 0.98%. The company had revenue of $390.51 million for the quarter, compared to the consensus estimate of $383.94 million. During the same period last year, the business posted $1.90 earnings per share. The firm’s revenue was down 3.4% compared to the same quarter last year. On average, sell-side analysts anticipate that Oxford Industries, Inc. will post 6.62 EPS for the current year.

Oxford Industries Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 2nd. Stockholders of record on Thursday, April 17th will be paid a $0.69 dividend. This is an increase from Oxford Industries’s previous quarterly dividend of $0.67. The ex-dividend date is Thursday, April 17th. This represents a $2.76 annualized dividend and a dividend yield of 5.20%. Oxford Industries’s dividend payout ratio (DPR) is presently 47.02%.

Analyst Ratings Changes

Several research firms have commented on OXM. Telsey Advisory Group decreased their target price on shares of Oxford Industries from $86.00 to $68.00 and set a “market perform” rating for the company in a research report on Monday, March 24th. Citigroup decreased their price objective on shares of Oxford Industries from $52.00 to $47.00 and set a “sell” rating for the company in a report on Monday. UBS Group cut their target price on Oxford Industries from $66.00 to $57.00 and set a “neutral” rating on the stock in a report on Friday, March 28th. Finally, KeyCorp reiterated a “sector weight” rating on shares of Oxford Industries in a research note on Friday, March 28th.

Oxford Industries Company 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.