Oxford Industries, Inc. (NYSE:OXM) Shares Sold by Foster & Motley Inc.

Foster & Motley Inc. decreased its holdings in Oxford Industries, Inc. (NYSE:OXM) by 12.8% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 7,803 shares of the textile maker’s stock after selling 1,148 shares during the quarter. Foster & Motley Inc.’s holdings in Oxford Industries were worth $615,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of OXM. FMR LLC raised its position in shares of Oxford Industries by 36.8% in the 3rd quarter. FMR LLC now owns 906,324 shares of the textile maker’s stock valued at $78,633,000 after purchasing an additional 244,022 shares in the last quarter. Millennium Management LLC raised its holdings in Oxford Industries by 254.1% in the second quarter. Millennium Management LLC now owns 266,412 shares of the textile maker’s stock valued at $26,681,000 after acquiring an additional 191,185 shares in the last quarter. Victory Capital Management Inc. grew its holdings in Oxford Industries by 31.6% during the 3rd quarter. Victory Capital Management Inc. now owns 652,726 shares of the textile maker’s stock worth $56,631,000 after acquiring an additional 156,634 shares in the last quarter. Wellington Management Group LLP increased its position in shares of Oxford Industries by 22.7% in the 3rd quarter. Wellington Management Group LLP now owns 553,382 shares of the textile maker’s stock worth $48,011,000 after purchasing an additional 102,525 shares during the last quarter. Finally, Verition Fund Management LLC raised its stake in shares of Oxford Industries by 148.3% in the 3rd quarter. Verition Fund Management LLC now owns 141,485 shares of the textile maker’s stock valued at $12,275,000 after purchasing an additional 84,505 shares in the last quarter. Hedge funds and other institutional investors own 91.16% of the company’s stock.

Oxford Industries Stock Performance

Shares of NYSE OXM opened at $83.87 on Friday. 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 firm’s 50-day moving average price is $82.71 and its two-hundred day moving average price is $84.14. Oxford Industries, Inc. has a 52-week low of $72.24 and a 52-week high of $113.88. The stock has a market capitalization of $1.32 billion, a P/E ratio of 94.24 and a beta of 1.56.

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 analysts’ consensus estimates of $0.09 by ($0.20). The company had revenue of $308.00 million for the quarter, compared to analyst estimates of $316.84 million. Oxford Industries had a net margin of 0.98% and a return on equity of 19.09%. The company’s revenue for the quarter was down 5.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.01 EPS. As a group, sell-side analysts forecast that Oxford Industries, Inc. will post 6.62 earnings per share for the current year.

Oxford Industries Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 31st. Investors of record on Friday, January 17th were issued a $0.67 dividend. The ex-dividend date of this dividend was Friday, January 17th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 3.20%. Oxford Industries’s dividend payout ratio (DPR) is presently 301.12%.

Analysts Set New Price Targets

Several analysts recently weighed in on the company. UBS Group lowered their price objective on Oxford Industries from $81.00 to $80.00 and set a “neutral” rating for the company in a report on Thursday, December 12th. Telsey Advisory Group restated a “market perform” rating and set a $86.00 price objective on shares of Oxford Industries in a research note on Wednesday, December 4th.

Insider Activity at Oxford Industries

In other news, SVP Tracey Hernandez sold 1,250 shares of Oxford Industries stock in a transaction that occurred on Tuesday, January 14th. The stock was sold at an average price of $86.92, for a total transaction of $108,650.00. Following the sale, the senior vice president now owns 1,681 shares of the company’s stock, valued at approximately $146,112.52. The trade was a 42.65 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 5.70% of the stock is currently owned by insiders.

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.