Oxford Industries, Inc. (NYSE:OXM) SVP Sells $108,650.00 in Stock

Oxford Industries, Inc. (NYSE:OXM) SVP Tracey Hernandez sold 1,250 shares of Oxford Industries stock in a transaction dated 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 owns 1,681 shares of the company’s stock, valued at $146,112.52. The trade was a 42.65 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

Oxford Industries Stock Down 1.8 %

OXM traded down $1.59 on Thursday, reaching $86.46. The company’s stock had a trading volume of 314,841 shares, compared to its average volume of 316,434. The company has a market capitalization of $1.36 billion, a price-to-earnings ratio of 97.15 and a beta of 1.56. The company has a quick ratio of 0.71, a current ratio of 1.42 and a debt-to-equity ratio of 0.09. Oxford Industries, Inc. has a fifty-two week low of $72.24 and a fifty-two week high of $113.88. The stock has a 50 day moving average of $80.81 and a two-hundred day moving average of $85.21.

Oxford Industries (NYSE:OXM) last posted its earnings results on Wednesday, December 11th. The textile maker reported ($0.11) earnings per share for the quarter, missing the consensus estimate of $0.09 by ($0.20). The firm had revenue of $308.00 million during the quarter, compared to analysts’ expectations of $316.84 million. Oxford Industries had a net margin of 0.98% and a return on equity of 19.09%. The firm’s revenue for the quarter was down 5.7% on a year-over-year basis. During the same period in the previous year, the firm posted $1.01 earnings per share. As a group, analysts forecast that Oxford Industries, Inc. will post 6.62 EPS for the current fiscal year.

Oxford Industries Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 31st. Stockholders of record on Friday, January 17th will be given a dividend of $0.67 per share. The ex-dividend date is Friday, January 17th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 3.10%. Oxford Industries’s dividend payout ratio (DPR) is presently 301.13%.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on OXM shares. UBS Group reduced their target price on shares of Oxford Industries from $81.00 to $80.00 and set a “neutral” rating on the stock in a report on Thursday, December 12th. Telsey Advisory Group reissued a “market perform” rating and issued a $86.00 price objective on shares of Oxford Industries in a research report on Wednesday, December 4th.

Hedge Funds Weigh In On Oxford Industries

A number of institutional investors have recently modified their holdings of OXM. Barclays PLC grew its position in Oxford Industries by 74.0% during the 3rd quarter. Barclays PLC now owns 48,484 shares of the textile maker’s stock worth $4,208,000 after purchasing an additional 20,620 shares during the last quarter. Cerity Partners LLC boosted its stake in shares of Oxford Industries by 25.6% during the third quarter. Cerity Partners LLC now owns 10,644 shares of the textile maker’s stock worth $923,000 after buying an additional 2,167 shares during the period. Jane Street Group LLC grew its holdings in shares of Oxford Industries by 73.7% during the third quarter. Jane Street Group LLC now owns 36,812 shares of the textile maker’s stock worth $3,194,000 after buying an additional 15,617 shares during the last quarter. Maverick Capital Ltd. increased its position in Oxford Industries by 673.5% in the 2nd quarter. Maverick Capital Ltd. now owns 62,642 shares of the textile maker’s stock valued at $6,274,000 after acquiring an additional 54,544 shares during the period. Finally, Victory Capital Management Inc. increased its position in Oxford Industries by 31.6% in the 3rd quarter. Victory Capital Management Inc. now owns 652,726 shares of the textile maker’s stock valued at $56,631,000 after acquiring an additional 156,634 shares during the period. 91.16% of the stock is owned by institutional investors and hedge funds.

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.