Oxford Industries, Inc. (NYSE:OXM) SVP Sells $19,682.50 in Stock

Oxford Industries, Inc. (NYSE:OXM) SVP Tracey Hernandez sold 250 shares of Oxford Industries stock in a transaction on Wednesday, October 16th. The shares were sold at an average price of $78.73, for a total transaction of $19,682.50. Following the transaction, the senior vice president now owns 2,931 shares in the company, valued at approximately $230,757.63. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

Oxford Industries Stock Up 1.8 %

OXM stock traded up $1.45 during mid-day trading on Friday, hitting $80.45. The company had a trading volume of 450,533 shares, compared to its average volume of 271,154. The company has a market capitalization of $1.26 billion, a price-to-earnings ratio of 32.57 and a beta of 1.53. Oxford Industries, Inc. has a 12-month low of $73.44 and a 12-month high of $113.88. The company has a 50-day moving average price of $83.79 and a 200 day moving average price of $96.56.

Oxford Industries (NYSE:OXM) last announced its quarterly earnings results on Wednesday, September 11th. The textile maker reported $2.77 EPS for the quarter, missing the consensus estimate of $3.00 by ($0.23). The company had revenue of $419.89 million during the quarter, compared to analysts’ expectations of $438.16 million. Oxford Industries had a return on equity of 21.93% and a net margin of 1.92%. The firm’s revenue for the quarter was down .1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $3.45 EPS. As a group, analysts expect that Oxford Industries, Inc. will post 7.16 EPS for the current year.

Oxford Industries Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, November 1st. Shareholders of record on Friday, October 18th will be paid a $0.67 dividend. This represents a $2.68 annualized dividend and a yield of 3.33%. The ex-dividend date of this dividend is Friday, October 18th. Oxford Industries’s payout ratio is currently 108.50%.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the company. Telsey Advisory Group lowered their price objective on Oxford Industries from $110.00 to $86.00 and set a “market perform” rating on the stock in a research report on Thursday, September 12th. UBS Group lowered their price target on Oxford Industries from $101.00 to $91.00 and set a “neutral” rating on the stock in a report on Thursday, September 5th. Finally, Citigroup cut their price objective on shares of Oxford Industries from $92.00 to $65.00 and set a “sell” rating for the company in a report on Friday, September 13th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $90.40.

Institutional Trading of Oxford Industries

Hedge funds have recently bought and sold shares of the stock. Creative Planning raised its position in shares of Oxford Industries by 6.0% during the 3rd quarter. Creative Planning now owns 3,885 shares of the textile maker’s stock valued at $337,000 after buying an additional 219 shares in the last quarter. Inspire Investing LLC raised its position in shares of Oxford Industries by 34.8% during the 3rd quarter. Inspire Investing LLC now owns 4,746 shares of the textile maker’s stock valued at $412,000 after buying an additional 1,226 shares in the last quarter. Handelsbanken Fonder AB raised its position in shares of Oxford Industries by 54.1% during the 3rd quarter. Handelsbanken Fonder AB now owns 5,126 shares of the textile maker’s stock valued at $445,000 after buying an additional 1,800 shares in the last quarter. SG Americas Securities LLC raised its position in shares of Oxford Industries by 5.8% during the 3rd quarter. SG Americas Securities LLC now owns 4,361 shares of the textile maker’s stock valued at $378,000 after buying an additional 240 shares in the last quarter. Finally, Sanctuary Advisors LLC purchased a new stake in shares of Oxford Industries during the 2nd quarter valued at about $386,000. Hedge funds and other institutional investors own 91.16% of the company’s stock.

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.