Truvestments Capital LLC Has $190,000 Position in Oxford Industries, Inc. (NYSE:OXM)

Truvestments Capital LLC lifted its position in shares of Oxford Industries, Inc. (NYSE:OXM) by 15.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,411 shares of the textile maker’s stock after buying an additional 326 shares during the period. Truvestments Capital LLC’s holdings in Oxford Industries were worth $190,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of OXM. Victory Capital Management Inc. boosted its position in shares of Oxford Industries by 31.6% during the third quarter. Victory Capital Management Inc. now owns 652,726 shares of the textile maker’s stock worth $56,631,000 after buying an additional 156,634 shares during the period. Royce & Associates LP boosted its position in Oxford Industries by 26.1% during the third quarter. Royce & Associates LP now owns 37,130 shares of the textile maker’s stock valued at $3,221,000 after purchasing an additional 7,689 shares during the last quarter. Advisors Asset Management Inc. boosted its position in Oxford Industries by 223.3% during the third quarter. Advisors Asset Management Inc. now owns 1,568 shares of the textile maker’s stock valued at $136,000 after purchasing an additional 1,083 shares during the last quarter. Intech Investment Management LLC acquired a new position in Oxford Industries during the third quarter valued at approximately $502,000. Finally, Charles Schwab Investment Management Inc. boosted its position in Oxford Industries by 4.7% during the third quarter. Charles Schwab Investment Management Inc. now owns 568,234 shares of the textile maker’s stock valued at $49,300,000 after purchasing an additional 25,619 shares during the last quarter. 91.16% of the stock is owned by institutional investors and hedge funds.

Oxford Industries Price Performance

NYSE:OXM opened at $57.07 on Thursday. The company has a quick ratio of 0.71, a current ratio of 1.42 and a debt-to-equity ratio of 0.09. The stock’s 50 day moving average price is $75.59 and its two-hundred day moving average price is $78.74. The firm has a market capitalization of $896.04 million, a price-to-earnings ratio of 64.12 and a beta of 1.61. Oxford Industries, Inc. has a 12-month low of $56.99 and a 12-month high of $113.88.

Oxford Industries (NYSE:OXM) last released its quarterly earnings data on Wednesday, December 11th. The textile maker reported ($0.11) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.09 by ($0.20). The business had revenue of $308.00 million during the quarter, compared to the consensus estimate of $316.84 million. Oxford Industries had a net margin of 0.98% and a return on equity of 19.09%. Oxford Industries’s quarterly revenue was down 5.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.01 EPS. On average, analysts anticipate that Oxford Industries, Inc. will post 6.62 earnings per share for the current year.

Analyst Ratings Changes

Several research analysts recently commented on the company. 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 research report on Thursday, December 12th. Telsey Advisory Group reissued a “market perform” rating and set a $86.00 price target on shares of Oxford Industries in a research report on Wednesday, December 4th.

Insider Buying and Selling at Oxford Industries

In other Oxford Industries news, SVP Tracey Hernandez sold 1,250 shares of the company’s 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 sale, the senior vice president now owns 1,681 shares in the company, valued at $146,112.52. This represents a 42.65 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 5.70% of the company’s stock.

Oxford Industries 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.