Global Alpha Capital Management Ltd. Acquires New Stake in Oxford Industries, Inc. (NYSE:OXM)

Global Alpha Capital Management Ltd. purchased a new stake in shares of Oxford Industries, Inc. (NYSE:OXM - Free Report) during the 4th quarter, according to the company in its most recent filing with the SEC. The fund purchased 209,300 shares of the textile maker's stock, valued at approximately $16,489,000. Global Alpha Capital Management Ltd. owned about 1.33% of Oxford Industries as of its most recent filing with the SEC.

Other large investors have also recently made changes to their positions in the company. Venturi Wealth Management LLC acquired a new stake in shares of Oxford Industries during the 4th quarter worth about $63,000. Blue Trust Inc. raised its position in Oxford Industries by 27.6% in the fourth quarter. Blue Trust Inc. now owns 739 shares of the textile maker's stock valued at $64,000 after purchasing an additional 160 shares during the period. Advisors Asset Management Inc. lifted its position in shares of Oxford Industries by 223.3% during the third quarter. Advisors Asset Management Inc. now owns 1,568 shares of the textile maker's stock worth $136,000 after purchasing an additional 1,083 shares in the last quarter. M&T Bank Corp acquired a new stake in shares of Oxford Industries during the third quarter worth approximately $206,000. Finally, Verity Asset Management Inc. bought a new stake in shares of Oxford Industries in the 3rd quarter valued at approximately $233,000. 91.16% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several analysts have weighed in on OXM shares. Telsey Advisory Group reaffirmed a "market perform" rating and set a $86.00 target price on shares of Oxford Industries in a research note on Wednesday, December 4th. UBS Group lowered their target price on Oxford Industries from $81.00 to $80.00 and set a "neutral" rating on the stock in a report on Thursday, December 12th.

Remove Ads

Oxford Industries Stock Performance

NYSE:OXM traded down $0.01 during mid-day trading on Monday, hitting $62.39. 352,920 shares of the stock were exchanged, compared to its average volume of 316,464. The firm's 50-day simple moving average is $76.68 and its 200 day simple moving average is $79.26. Oxford Industries, Inc. has a fifty-two week low of $57.55 and a fifty-two week high of $113.88. The stock has a market capitalization of $979.59 million, a price-to-earnings ratio of 69.92 and a beta of 1.61. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.71 and a current ratio of 1.42.

Oxford Industries (NYSE:OXM - Get Free Report) 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 return on equity of 19.09% and a net margin of 0.98%. Oxford Industries'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 company earned $1.01 earnings per share. As a group, equities analysts anticipate that Oxford Industries, Inc. will post 6.62 EPS for the current fiscal year.

Oxford Industries Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, January 31st. Stockholders of record on Friday, January 17th were paid a $0.67 dividend. The ex-dividend date of this dividend was Friday, January 17th. This represents a $2.68 annualized dividend and a dividend yield of 4.30%. Oxford Industries's payout ratio is 301.12%.

Insiders Place Their Bets

In other Oxford Industries news, SVP Tracey Hernandez sold 1,250 shares of the business's stock in a transaction on Tuesday, January 14th. The shares were 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 $146,112.52. The trade was a 42.65 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. 5.70% of the stock is currently owned by insiders.

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.