Oxford Industries, Inc. (NYSE:OXM) Holdings Raised by SG Americas Securities LLC

SG Americas Securities LLC lifted its position in shares of Oxford Industries, Inc. (NYSE:OXM) by 307.0% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 14,468 shares of the textile maker’s stock after acquiring an additional 10,913 shares during the period. SG Americas Securities LLC owned about 0.10% of Oxford Industries worth $849,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the business. Sanctuary Advisors LLC raised its position in shares of Oxford Industries by 3.7% during the 4th quarter. Sanctuary Advisors LLC now owns 3,799 shares of the textile maker’s stock worth $328,000 after purchasing an additional 137 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in Oxford Industries by 3.4% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 8,430 shares of the textile maker’s stock worth $664,000 after buying an additional 280 shares during the last quarter. Truvestments Capital LLC increased its position in Oxford Industries by 15.6% in the fourth quarter. Truvestments Capital LLC now owns 2,411 shares of the textile maker’s stock worth $190,000 after buying an additional 326 shares during the period. Quadrant Capital Group LLC lifted its stake in Oxford Industries by 981.6% in the fourth quarter. Quadrant Capital Group LLC now owns 411 shares of the textile maker’s stock valued at $32,000 after buying an additional 373 shares during the last quarter. Finally, MetLife Investment Management LLC boosted its holdings in shares of Oxford Industries by 6.0% during the fourth quarter. MetLife Investment Management LLC now owns 9,028 shares of the textile maker’s stock valued at $711,000 after acquiring an additional 512 shares during the period. Institutional investors own 91.16% of the company’s stock.

Insider Activity

In other Oxford Industries news, Director Milford W. Mcguirt purchased 1,000 shares of the firm’s stock in a transaction on Wednesday, April 2nd. The shares were purchased at an average price of $58.70 per share, for a total transaction of $58,700.00. Following the completion of the transaction, the director now owns 7,180 shares in the company, valued at $421,466. This represents a 16.18% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Thomas Caldecot Chubb III purchased 6,500 shares of the company’s stock in a transaction on Monday, June 16th. The stock was bought at an average cost of $40.12 per share, for a total transaction of $260,780.00. Following the acquisition, the chief executive officer now directly owns 59,063 shares of the company’s stock, valued at $2,369,607.56. This represents a 12.37% increase in their position. The disclosure for this purchase can be found here. Insiders own 6.00% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently weighed in on the stock. UBS Group increased their price objective on shares of Oxford Industries from $54.00 to $56.00 and gave the stock a “neutral” rating in a report on Thursday, June 5th. Truist Financial decreased their target price on shares of Oxford Industries from $56.00 to $47.00 and set a “hold” rating for the company in a research report on Thursday, June 12th. KeyCorp restated a “sector weight” rating on shares of Oxford Industries in a research note on Friday, March 28th. Citigroup cut their price target on Oxford Industries from $47.00 to $44.00 and set a “sell” rating on the stock in a report on Thursday, June 12th. Finally, Telsey Advisory Group reissued a “market perform” rating and issued a $52.00 price objective on shares of Oxford Industries in a report on Thursday, June 12th. One research analyst has rated the stock with a sell rating and four have issued a hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $55.80.

Oxford Industries Stock Performance

Shares of OXM opened at $40.78 on Friday. The firm has a market capitalization of $609.25 million, a PE ratio of 7.92 and a beta of 1.45. The company has a quick ratio of 0.64, a current ratio of 1.32 and a debt-to-equity ratio of 0.20. The firm has a 50-day moving average price of $50.94 and a 200 day moving average price of $64.97. Oxford Industries, Inc. has a 52-week low of $38.74 and a 52-week high of $108.51.

Oxford Industries (NYSE:OXM) last issued its quarterly earnings results on Wednesday, June 11th. The textile maker reported $1.82 earnings per share for the quarter, hitting analysts’ consensus estimates of $1.82. Oxford Industries had a net margin of 5.35% and a return on equity of 14.97%. The company had revenue of $392.86 million during the quarter, compared to analyst estimates of $383.54 million. During the same period in the prior year, the business posted $2.66 EPS. The business’s revenue for the quarter was down 1.3% compared to the same quarter last year. On average, sell-side analysts anticipate that Oxford Industries, Inc. will post 6.62 earnings per share for the current fiscal year.

Oxford Industries Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 1st. Stockholders of record on Friday, July 18th will be paid a $0.69 dividend. This represents a $2.76 dividend on an annualized basis and a dividend yield of 6.77%. The ex-dividend date is Friday, July 18th. Oxford Industries’s dividend payout ratio is presently 53.59%.

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.