Insider Selling: Oxford Industries, Inc. (NYSE:OXM) SVP Sells 1,250 Shares of 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 in the company, valued at approximately $146,112.52. This represents a 42.65 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Oxford Industries Price Performance

Oxford Industries stock opened at $86.46 on Friday. The stock has a 50-day moving average price of $80.98 and a two-hundred day moving average price of $85.22. Oxford Industries, Inc. has a 12 month low of $72.24 and a 12 month high of $113.88. The company has a market capitalization of $1.36 billion, a PE ratio of 97.15 and a beta of 1.56. The company has a current ratio of 1.42, a quick ratio of 0.71 and a debt-to-equity ratio of 0.09.

Oxford Industries (NYSE:OXM) last issued its quarterly earnings data 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). Oxford Industries had a net margin of 0.98% and a return on equity of 19.09%. The business had revenue of $308.00 million during the quarter, compared to the consensus estimate of $316.84 million. During the same quarter last year, the business earned $1.01 EPS. The firm’s quarterly revenue was down 5.7% compared to the same quarter last year. Analysts expect that Oxford Industries, Inc. will post 6.62 EPS for the current year.

Oxford Industries Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 31st. Investors of record on Friday, January 17th will be paid a $0.67 dividend. The ex-dividend date is Friday, January 17th. This represents a $2.68 annualized dividend and a dividend yield of 3.10%. Oxford Industries’s dividend payout ratio is 301.13%.

Institutional Trading of Oxford Industries

Institutional investors and hedge funds have recently bought and sold shares of the stock. Quarry LP grew its position in shares of Oxford Industries by 4,650.0% in the 2nd quarter. Quarry LP now owns 475 shares of the textile maker’s stock valued at $48,000 after buying an additional 465 shares during the last quarter. Advisors Asset Management Inc. lifted its stake in shares of Oxford Industries by 223.3% in the third quarter. Advisors Asset Management Inc. now owns 1,568 shares of the textile maker’s stock worth $136,000 after acquiring an additional 1,083 shares during the period. M&T Bank Corp bought a new stake in Oxford Industries in the third quarter valued at approximately $206,000. Verity Asset Management Inc. acquired a new stake in Oxford Industries during the 3rd quarter valued at approximately $233,000. Finally, FORA Capital LLC acquired a new stake in Oxford Industries during the 3rd quarter valued at approximately $300,000. 91.16% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

OXM has been the topic of a number of research analyst reports. Telsey Advisory Group restated a “market perform” rating and issued a $86.00 price target on shares of Oxford Industries in a research note on Wednesday, December 4th. UBS Group cut their target price on shares of Oxford Industries from $81.00 to $80.00 and set a “neutral” rating on the stock in a research report on Thursday, December 12th.

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.