Oxford Industries, Inc. (NYSE:OXM) Holdings Lifted by American Century Companies Inc.

American Century Companies Inc. increased its stake in Oxford Industries, Inc. (NYSE:OXM - Free Report) by 11.9% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 479,534 shares of the textile maker's stock after buying an additional 51,155 shares during the quarter. American Century Companies Inc. owned about 3.05% of Oxford Industries worth $37,778,000 as of its most recent filing with the SEC.

Several other hedge funds have also modified their holdings of OXM. Sanctuary Advisors LLC raised its stake in shares of Oxford Industries by 3.7% in the 4th quarter. Sanctuary Advisors LLC now owns 3,799 shares of the textile maker's stock valued at $328,000 after purchasing an additional 137 shares in the last quarter. Blue Trust Inc. increased its holdings 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 buying an additional 160 shares during the last quarter. Truvestments Capital LLC raised its stake in Oxford Industries by 15.6% during the fourth quarter. Truvestments Capital LLC now owns 2,411 shares of the textile maker's stock valued at $190,000 after buying an additional 326 shares in the last quarter. Inspire Investing LLC raised its stake in Oxford Industries by 7.2% during the fourth quarter. Inspire Investing LLC now owns 5,089 shares of the textile maker's stock valued at $401,000 after buying an additional 343 shares in the last quarter. Finally, Franklin Resources Inc. lifted its holdings in Oxford Industries by 7.4% during the 3rd quarter. Franklin Resources Inc. now owns 7,688 shares of the textile maker's stock worth $667,000 after buying an additional 527 shares during the last quarter. 91.16% of the stock is currently owned by hedge funds and other institutional investors.

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Insider Buying and Selling

In other news, SVP Tracey Hernandez sold 1,250 shares of the company's stock in a transaction that occurred on Tuesday, January 14th. The shares were sold at an average price of $86.92, for a total value of $108,650.00. Following the completion of the sale, the senior vice president now directly owns 1,681 shares of the company's stock, valued at approximately $146,112.52. This represents a 42.65 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 5.70% of the company's stock.

Analyst Ratings Changes

Several equities research analysts recently issued reports on OXM shares. Telsey Advisory Group dropped their price target on Oxford Industries from $86.00 to $68.00 and set a "market perform" rating on the stock in a research report on Monday, March 24th. UBS Group dropped their target price on shares of Oxford Industries from $66.00 to $57.00 and set a "neutral" rating on the stock in a report on Friday. Finally, KeyCorp reaffirmed a "sector weight" rating on shares of Oxford Industries in a report on Friday.

Oxford Industries Stock Performance

Shares of NYSE OXM traded up $0.69 during mid-day trading on Tuesday, hitting $59.36. The company had a trading volume of 566,807 shares, compared to its average volume of 339,120. Oxford Industries, Inc. has a 12 month low of $53.23 and a 12 month high of $111.46. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.42 and a quick ratio of 0.71. The firm's 50 day simple moving average is $68.69 and its two-hundred day simple moving average is $76.27. The stock has a market cap of $931.93 million, a price-to-earnings ratio of 66.69 and a beta of 1.61.

Oxford Industries (NYSE:OXM - Get Free Report) last announced its quarterly earnings results on Thursday, March 27th. The textile maker reported $1.37 EPS for the quarter, beating the consensus estimate of $1.28 by $0.09. The company had revenue of $390.51 million for the quarter, compared to analyst estimates of $383.94 million. Oxford Industries had a net margin of 0.98% and a return on equity of 19.09%. Oxford Industries's revenue was down 3.4% compared to the same quarter last year. During the same quarter last year, the business earned $1.90 earnings per share. As a group, equities research analysts forecast that Oxford Industries, Inc. will post 6.62 earnings per share for the current year.

Oxford Industries Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 2nd. Investors of record on Thursday, April 17th will be issued a $0.69 dividend. The ex-dividend date of this dividend is Thursday, April 17th. This represents a $2.76 annualized dividend and a yield of 4.65%. This is an increase from Oxford Industries's previous quarterly dividend of $0.67. Oxford Industries's dividend payout ratio is presently 47.02%.

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.