Barclays PLC Buys 40,750 Shares of Oxford Industries, Inc. (NYSE:OXM)

Barclays PLC grew its stake in Oxford Industries, Inc. (NYSE:OXM) by 84.0% during the 4th quarter, HoldingsChannel reports. The fund owned 89,234 shares of the textile maker’s stock after purchasing an additional 40,750 shares during the quarter. Barclays PLC’s holdings in Oxford Industries were worth $7,029,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Capital Fund Management S.A. bought a new position in Oxford Industries in the 4th quarter worth about $1,224,000. CenterBook Partners LP bought a new position in shares of Oxford Industries in the fourth quarter worth approximately $2,269,000. Raymond James Financial Inc. purchased a new stake in shares of Oxford Industries during the fourth quarter valued at approximately $4,041,000. Invesco Ltd. increased its position in shares of Oxford Industries by 21.9% during the fourth quarter. Invesco Ltd. now owns 409,653 shares of the textile maker’s stock valued at $32,272,000 after acquiring an additional 73,720 shares in the last quarter. Finally, Quadrant Capital Group LLC raised its holdings in Oxford Industries by 981.6% in the 4th quarter. Quadrant Capital Group LLC now owns 411 shares of the textile maker’s stock worth $32,000 after acquiring an additional 373 shares during the last quarter. 91.16% of the stock is currently owned by institutional investors.

Oxford Industries Trading Up 8.7 %

Oxford Industries stock opened at $51.52 on Friday. Oxford Industries, Inc. has a 52-week low of $42.12 and a 52-week high of $111.46. The company has a market cap of $765.84 million, a P/E ratio of 57.89 and a beta of 1.40. 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 business has a 50-day simple moving average of $57.72 and a two-hundred day simple moving average of $71.96.

Oxford Industries (NYSE:OXM) last announced its earnings results on Thursday, March 27th. The textile maker reported $1.37 EPS for the quarter, beating analysts’ consensus estimates of $1.28 by $0.09. Oxford Industries had a net margin of 0.98% and a return on equity of 19.09%. The business had revenue of $390.51 million during the quarter, compared to analysts’ expectations of $383.94 million. During the same period in the prior year, the company earned $1.90 earnings per share. The firm’s revenue was down 3.4% on a year-over-year basis. Analysts predict that Oxford Industries, Inc. will post 6.62 EPS for the current year.

Oxford Industries Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, May 2nd. Shareholders of record on Thursday, April 17th will be given a $0.69 dividend. This is a boost from Oxford Industries’s previous quarterly dividend of $0.67. The ex-dividend date of this dividend is Thursday, April 17th. This represents a $2.76 dividend on an annualized basis and a yield of 5.36%. Oxford Industries’s dividend payout ratio is presently 47.02%.

Wall Street Analysts Forecast Growth

OXM has been the topic of several recent analyst reports. Citigroup cut their target price on Oxford Industries from $52.00 to $47.00 and set a “sell” rating on the stock in a research note on Monday, April 7th. UBS Group reduced their price objective on Oxford Industries from $66.00 to $57.00 and set a “neutral” rating for the company in a report on Friday, March 28th. Telsey Advisory Group lowered their target price on shares of Oxford Industries from $64.00 to $52.00 and set a “market perform” rating on the stock in a research note on Wednesday. Finally, KeyCorp reiterated a “sector weight” rating on shares of Oxford Industries in a research note on Friday, March 28th.

Insider Transactions at Oxford Industries

In other news, Director Milford W. Mcguirt bought 1,000 shares of Oxford Industries stock in a transaction that occurred on Wednesday, April 2nd. The stock was bought at an average cost of $58.70 per share, with a total value of $58,700.00. Following the acquisition, the director now owns 7,180 shares of the company’s stock, valued at $421,466. The trade was a 16.18 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 5.70% 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.