Aigen Investment Management LP Acquires Shares of 3,529 Oxford Industries, Inc. (NYSE:OXM)

Aigen Investment Management LP acquired a new stake in shares of Oxford Industries, Inc. (NYSE:OXM) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 3,529 shares of the textile maker’s stock, valued at approximately $278,000.

Other institutional investors have also modified their holdings of the company. Barclays PLC raised its stake in shares of Oxford Industries by 74.0% during the 3rd quarter. Barclays PLC now owns 48,484 shares of the textile maker’s stock valued at $4,208,000 after buying an additional 20,620 shares during the last quarter. Cerity Partners LLC raised its holdings in Oxford Industries by 25.6% in the 3rd quarter. Cerity Partners LLC now owns 10,644 shares of the textile maker’s stock worth $923,000 after purchasing an additional 2,167 shares during the period. Jane Street Group LLC raised its holdings in Oxford Industries by 73.7% in the 3rd quarter. Jane Street Group LLC now owns 36,812 shares of the textile maker’s stock worth $3,194,000 after purchasing an additional 15,617 shares during the period. Victory Capital Management Inc. raised its holdings 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 worth $56,631,000 after purchasing an additional 156,634 shares during the period. Finally, Weiss Asset Management LP acquired a new position in Oxford Industries in the 3rd quarter worth about $2,742,000. Hedge funds and other institutional investors own 91.16% of the company’s stock.

Wall Street Analysts Forecast Growth

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

Insider Activity

In related news, SVP Tracey Hernandez sold 1,250 shares of the stock in a transaction that occurred on Tuesday, January 14th. The stock was 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 in the company, valued at approximately $146,112.52. This represents a 42.65 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 5.70% of the company’s stock.

Oxford Industries Price Performance

OXM stock opened at $62.51 on Friday. 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 business has a 50 day simple moving average of $76.68 and a 200-day simple moving average of $79.32. The firm has a market capitalization of $981.42 million, a PE ratio of 70.23 and a beta of 1.61. Oxford Industries, Inc. has a 1 year low of $57.55 and a 1 year high of $113.88.

Oxford Industries (NYSE:OXM) last posted its quarterly earnings results on Wednesday, December 11th. The textile maker reported ($0.11) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.20). The company 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%. Oxford Industries’s revenue for the quarter was down 5.7% on a year-over-year basis. During the same quarter last year, the company earned $1.01 earnings per share. Equities research analysts anticipate that Oxford Industries, Inc. will post 6.62 earnings per share for the current fiscal year.

Oxford Industries Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, January 31st. Stockholders of record on Friday, January 17th were given a $0.67 dividend. The ex-dividend date was Friday, January 17th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 4.29%. Oxford Industries’s dividend payout ratio (DPR) is presently 301.12%.

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.