Oxford Industries, Inc. (NYSE:OXM) Stake Decreased by XTX Topco Ltd

XTX Topco Ltd trimmed its holdings in Oxford Industries, Inc. (NYSE:OXM) by 28.8% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 9,637 shares of the textile maker’s stock after selling 3,902 shares during the quarter. XTX Topco Ltd’s holdings in Oxford Industries were worth $759,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently added to or reduced their stakes in OXM. Barclays PLC boosted its position in Oxford Industries by 84.0% during the 4th quarter. Barclays PLC now owns 89,234 shares of the textile maker’s stock worth $7,029,000 after acquiring an additional 40,750 shares during the period. Capital Fund Management S.A. bought a new stake in shares of Oxford Industries during the fourth quarter valued at about $1,224,000. CenterBook Partners LP acquired a new stake in Oxford Industries in the fourth quarter worth about $2,269,000. Raymond James Financial Inc. acquired a new stake in Oxford Industries in the fourth quarter worth about $4,041,000. Finally, Invesco Ltd. grew its position in Oxford Industries by 21.9% in the 4th quarter. Invesco Ltd. now owns 409,653 shares of the textile maker’s stock valued at $32,272,000 after buying an additional 73,720 shares in the last quarter. 91.16% of the stock is currently owned by institutional investors and hedge funds.

Oxford Industries Trading Up 3.1 %

Shares of NYSE:OXM opened at $44.80 on Friday. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.71 and a current ratio of 1.42. The stock has a market capitalization of $665.94 million, a price-to-earnings ratio of 50.34 and a beta of 1.40. Oxford Industries, Inc. has a 1-year low of $42.12 and a 1-year high of $111.46. The company has a 50 day moving average price of $60.39 and a 200 day moving average price of $73.06.

Oxford Industries (NYSE:OXM) last released its quarterly earnings data on Thursday, March 27th. The textile maker reported $1.37 earnings per share for the quarter, topping the consensus estimate of $1.28 by $0.09. The business had revenue of $390.51 million during the quarter, compared to analyst estimates of $383.94 million. Oxford Industries had a return on equity of 19.09% and a net margin of 0.98%. The company’s revenue was down 3.4% compared to the same quarter last year. During the same period last year, the company posted $1.90 EPS. On average, research analysts anticipate that Oxford Industries, Inc. will post 6.62 EPS for the current fiscal year.

Oxford Industries Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 2nd. Shareholders of record on Thursday, April 17th will be issued a dividend of $0.69 per share. This represents a $2.76 annualized dividend and a yield of 6.16%. The ex-dividend date is Thursday, April 17th. This is an increase from Oxford Industries’s previous quarterly dividend of $0.67. Oxford Industries’s payout ratio is presently 47.02%.

Insider Buying and Selling at Oxford Industries

In other news, Director Milford W. Mcguirt purchased 1,000 shares of Oxford Industries stock in a transaction that occurred on Wednesday, April 2nd. The stock was acquired at an average price of $58.70 per share, for a total transaction of $58,700.00. Following the transaction, the director now owns 7,180 shares in the company, valued at $421,466. The trade was a 16.18 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 5.70% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on the stock. KeyCorp reaffirmed a “sector weight” rating on shares of Oxford Industries in a research note on Friday, March 28th. UBS Group cut their target price on Oxford Industries from $66.00 to $57.00 and set a “neutral” rating for the company in a research report on Friday, March 28th. Citigroup lowered their price target on Oxford Industries from $52.00 to $47.00 and set a “sell” rating on the stock in a research report on Monday, April 7th. Finally, Telsey Advisory Group cut their price objective on Oxford Industries from $86.00 to $68.00 and set a “market perform” rating for the company in a report on Monday, March 24th.

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.