Bank of New York Mellon Corp Has $18.28 Million Position in Oxford Industries, Inc. (NYSE:OXM)

Bank of New York Mellon Corp boosted its holdings in Oxford Industries, Inc. (NYSE:OXM - Free Report) by 16.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 232,045 shares of the textile maker's stock after purchasing an additional 32,224 shares during the quarter. Bank of New York Mellon Corp owned about 1.48% of Oxford Industries worth $18,281,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of the business. Sanctuary Advisors LLC grew its position in 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 during the period. Blue Trust Inc. grew its position in Oxford Industries by 27.6% in the 4th 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. Meritage Portfolio Management grew its position in Oxford Industries by 9.0% in the 3rd quarter. Meritage Portfolio Management now owns 3,718 shares of the textile maker's stock valued at $323,000 after purchasing an additional 308 shares during the period. Inspire Investing LLC grew its position in Oxford Industries by 7.2% in the 4th quarter. Inspire Investing LLC now owns 5,089 shares of the textile maker's stock valued at $401,000 after purchasing an additional 343 shares during the period. Finally, Franklin Resources Inc. grew its position in Oxford Industries by 7.4% in the 3rd quarter. Franklin Resources Inc. now owns 7,688 shares of the textile maker's stock valued at $667,000 after purchasing an additional 527 shares during the period. Institutional investors and hedge funds own 91.16% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on OXM. Telsey Advisory Group reissued a "market perform" rating and issued a $86.00 price target on shares of Oxford Industries in a research report on Wednesday, December 4th. UBS Group dropped their price objective on Oxford Industries from $81.00 to $80.00 and set a "neutral" rating on the stock in a research note on Thursday, December 12th.

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Insider Transactions at Oxford Industries

In other news, SVP Tracey Hernandez sold 1,250 shares of Oxford Industries stock in a transaction 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 directly owns 1,681 shares in the company, valued at $146,112.52. The trade was a 42.65 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Company insiders own 5.70% of the company's stock.

Oxford Industries Price Performance

Shares of NYSE:OXM opened at $60.51 on Wednesday. The company has a current ratio of 1.42, a quick ratio of 0.71 and a debt-to-equity ratio of 0.09. The stock's fifty day simple moving average is $76.03 and its two-hundred day simple moving average is $78.90. Oxford Industries, Inc. has a 1-year low of $57.55 and a 1-year high of $113.88. The stock has a market cap of $950.10 million, a PE ratio of 67.99 and a beta of 1.61.

Oxford Industries (NYSE:OXM - Get Free Report) last issued its quarterly earnings data on Wednesday, December 11th. The textile maker reported ($0.11) earnings per share for the quarter, missing the consensus estimate of $0.09 by ($0.20). The company had revenue of $308.00 million for the quarter, compared to the consensus estimate of $316.84 million. Oxford Industries had a net margin of 0.98% and a return on equity of 19.09%. Oxford Industries's revenue was down 5.7% on a year-over-year basis. During the same quarter last year, the business posted $1.01 earnings per share. As a group, analysts forecast that Oxford Industries, Inc. will post 6.62 EPS for the current fiscal year.

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.

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