Deutsche Bank AG Buys 4,787 Shares of Oxford Industries, Inc. (NYSE:OXM)

Deutsche Bank AG lifted its stake in shares of Oxford Industries, Inc. (NYSE:OXM) by 51.8% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 14,028 shares of the textile maker’s stock after acquiring an additional 4,787 shares during the quarter. Deutsche Bank AG owned about 0.09% of Oxford Industries worth $1,105,000 as of its most recent filing with the SEC.

Several other large investors also recently made changes to their positions in OXM. Brevan Howard Capital Management LP acquired a new stake in Oxford Industries in the 4th quarter worth approximately $213,000. Bayesian Capital Management LP bought a new position in shares of Oxford Industries in the fourth quarter valued at approximately $409,000. Ameriprise Financial Inc. lifted its stake in shares of Oxford Industries by 11.4% in the fourth quarter. Ameriprise Financial Inc. now owns 83,403 shares of the textile maker’s stock worth $6,570,000 after buying an additional 8,528 shares during the last quarter. Freestone Grove Partners LP bought a new stake in shares of Oxford Industries during the 4th quarter worth $1,223,000. Finally, RBO & Co. LLC boosted its holdings in shares of Oxford Industries by 45.7% during the 4th quarter. RBO & Co. LLC now owns 168,045 shares of the textile maker’s stock worth $13,239,000 after buying an additional 52,724 shares during the period. Institutional investors own 91.16% of the company’s stock.

Oxford Industries Stock Performance

NYSE OXM opened at $52.92 on Monday. The company’s fifty day moving average is $53.61 and its two-hundred day moving average is $68.62. Oxford Industries, Inc. has a 52-week low of $42.12 and a 52-week high of $111.44. 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 firm has a market capitalization of $786.67 million, a price-to-earnings ratio of 59.46 and a beta of 1.43.

Oxford Industries (NYSE:OXM) last released its earnings results on Thursday, March 27th. The textile maker reported $1.37 earnings per share for the quarter, topping analysts’ consensus estimates of $1.28 by $0.09. The business had revenue of $390.51 million for the quarter, compared to the consensus estimate of $383.94 million. Oxford Industries had a return on equity of 19.09% and a net margin of 0.98%. The firm’s revenue for the quarter was down 3.4% compared to the same quarter last year. During the same period last year, the business earned $1.90 earnings per share. Equities research analysts forecast that Oxford Industries, Inc. will post 6.62 EPS for the current year.

Oxford Industries Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, May 2nd. Investors of record on Thursday, April 17th were paid a $0.69 dividend. This represents a $2.76 dividend on an annualized basis and a dividend yield of 5.22%. This is a positive change from Oxford Industries’s previous quarterly dividend of $0.67. The ex-dividend date was Thursday, April 17th. Oxford Industries’s dividend payout ratio is presently 47.02%.

Analyst Ratings Changes

A number of research analysts have weighed in on the stock. KeyCorp reissued a “sector weight” rating on shares of Oxford Industries in a research report on Friday, March 28th. Citigroup dropped their price objective on Oxford Industries from $52.00 to $47.00 and set a “sell” rating on the stock in a research note on Monday, April 7th. UBS Group decreased their target price on Oxford Industries from $66.00 to $57.00 and set a “neutral” rating for the company in a research note on Friday, March 28th. Finally, Telsey Advisory Group lowered their target price on Oxford Industries from $64.00 to $52.00 and set a “market perform” rating on the stock in a report on Wednesday, April 23rd.

Insider Activity at Oxford Industries

In other Oxford Industries news, Director Milford W. Mcguirt bought 1,000 shares of the stock in a transaction that occurred on Wednesday, April 2nd. The shares were acquired at an average price of $58.70 per share, with a total value of $58,700.00. Following the completion of the purchase, the director now directly owns 7,180 shares in the company, valued at $421,466. The trade was a 16.18% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. 6.00% of the stock is currently owned by corporate insiders.

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.