XTX Topco Ltd purchased a new position in shares of Oxford Industries, Inc. (NYSE:OXM - Free Report) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 13,539 shares of the textile maker's stock, valued at approximately $1,175,000. XTX Topco Ltd owned approximately 0.09% of Oxford Industries as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds and other institutional investors 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. Victory Capital Management Inc. raised its position in shares of Oxford Industries by 31.6% in the 3rd quarter. Victory Capital Management Inc. now owns 652,726 shares of the textile maker's stock valued at $56,631,000 after purchasing an additional 156,634 shares in the last quarter. Charles Schwab Investment Management Inc. raised its position in shares of Oxford Industries by 4.7% in the 3rd 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 in the last quarter. State Street Corp increased its holdings in shares of Oxford Industries by 1.3% in the 3rd quarter. State Street Corp now owns 559,581 shares of the textile maker's stock valued at $48,549,000 after acquiring an additional 7,336 shares during the last quarter. Finally, Wellington Management Group LLP increased its holdings 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 valued at $48,011,000 after acquiring an additional 102,525 shares during the last quarter. 91.16% of the stock is owned by institutional investors and hedge funds.
Insider Buying and Selling
In other Oxford Industries news, EVP Scott Grassmyer sold 1,495 shares of Oxford Industries stock in a transaction that occurred on Tuesday, September 24th. The shares were sold at an average price of $86.77, for a total value of $129,721.15. Following the transaction, the executive vice president now owns 31,428 shares in the company, valued at approximately $2,727,007.56. The trade was a 4.54 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 5.70% of the stock is currently owned by insiders.
Oxford Industries Price Performance
Shares of NYSE OXM traded up $1.89 during mid-day trading on Tuesday, reaching $83.33. 496,499 shares of the company traded hands, compared to its average volume of 276,676. The firm has a market cap of $1.31 billion, a PE ratio of 45.79 and a beta of 1.56. Oxford Industries, Inc. has a fifty-two week low of $72.24 and a fifty-two week high of $113.88. The stock has a fifty day simple moving average of $77.76 and a 200-day simple moving average of $89.09.
Oxford Industries (NYSE:OXM - Get Free Report) last issued its quarterly earnings results on Wednesday, September 11th. The textile maker reported $2.77 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.00 by ($0.23). Oxford Industries had a net margin of 1.92% and a return on equity of 21.93%. The firm had revenue of $419.89 million for the quarter, compared to analyst estimates of $438.16 million. During the same quarter last year, the business posted $3.45 earnings per share. The firm's revenue for the quarter was down .1% compared to the same quarter last year. As a group, analysts predict that Oxford Industries, Inc. will post 7.16 EPS for the current fiscal year.
Oxford Industries Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Friday, November 1st. Investors of record on Friday, October 18th were paid a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a yield of 3.22%. The ex-dividend date was Friday, October 18th. Oxford Industries's dividend payout ratio is presently 147.25%.
Wall Street Analysts Forecast Growth
A number of equities research analysts have recently weighed in on OXM shares. Citigroup lowered their price target on Oxford Industries from $92.00 to $65.00 and set a "sell" rating for the company in a report on Friday, September 13th. UBS Group lowered their price target on Oxford Industries from $101.00 to $91.00 and set a "neutral" rating for the company in a report on Thursday, September 5th. Finally, Telsey Advisory Group reiterated a "market perform" rating and issued a $86.00 price target on shares of Oxford Industries in a report on Wednesday, December 4th.
Get Our Latest Stock Analysis on OXM
Oxford Industries Profile
(
Free Report)
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.
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