Barclays PLC increased its holdings in Oxford Industries, Inc. (NYSE:OXM - Free Report) by 74.0% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 48,484 shares of the textile maker's stock after acquiring an additional 20,620 shares during the quarter. Barclays PLC owned about 0.31% of Oxford Industries worth $4,208,000 as of its most recent filing with the Securities & Exchange Commission.
Several other large investors have also added to or reduced their stakes in the stock. Quarry LP lifted its position in shares of Oxford Industries by 4,650.0% in the 2nd quarter. Quarry LP now owns 475 shares of the textile maker's stock worth $48,000 after purchasing an additional 465 shares during the period. Advisors Asset Management Inc. lifted its holdings in Oxford Industries by 223.3% in the third quarter. Advisors Asset Management Inc. now owns 1,568 shares of the textile maker's stock worth $136,000 after buying an additional 1,083 shares during the period. Verity Asset Management Inc. bought a new stake in Oxford Industries during the 3rd quarter valued at approximately $233,000. Zurcher Kantonalbank Zurich Cantonalbank raised its position in shares of Oxford Industries by 36.4% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,942 shares of the textile maker's stock worth $295,000 after acquiring an additional 785 shares in the last quarter. Finally, Mercer Global Advisors Inc. ADV lifted its stake in shares of Oxford Industries by 4.7% in the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 3,359 shares of the textile maker's stock valued at $336,000 after purchasing an additional 150 shares during the period. Institutional investors own 91.16% of the company's stock.
Oxford Industries Stock Down 0.6 %
Shares of Oxford Industries stock traded down $0.45 on Friday, reaching $81.03. The company's stock had a trading volume of 843,959 shares, compared to its average volume of 288,536. The company has a market capitalization of $1.27 billion, a price-to-earnings ratio of 91.05 and a beta of 1.56. The company has a quick ratio of 0.65, a current ratio of 1.42 and a debt-to-equity ratio of 0.09. Oxford Industries, Inc. has a 52 week low of $72.24 and a 52 week high of $113.88. The firm's fifty day simple moving average is $78.70 and its two-hundred day simple moving average is $87.65.
Oxford Industries (NYSE:OXM - Get Free Report) last issued its earnings results on Wednesday, December 11th. The textile maker reported ($0.11) earnings per share for the quarter, missing analysts' consensus estimates of $0.09 by ($0.20). The business had revenue of $308.00 million during the quarter, compared to analysts' expectations of $316.84 million. Oxford Industries had a return on equity of 19.09% and a net margin of 0.98%. Oxford Industries's quarterly revenue was down 5.7% compared to the same quarter last year. During the same period last year, the firm posted $1.01 EPS. Equities analysts anticipate that Oxford Industries, Inc. will post 6.62 earnings per share for the current year.
Oxford Industries Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Friday, January 31st. Investors of record on Friday, January 17th will be issued a $0.67 dividend. This represents a $2.68 annualized dividend and a yield of 3.31%. The ex-dividend date of this dividend is Friday, January 17th. Oxford Industries's dividend payout ratio is currently 301.12%.
Insiders Place Their Bets
In other Oxford Industries news, EVP Scott Grassmyer sold 1,495 shares of the business's stock in a transaction dated Tuesday, September 24th. The stock was sold at an average price of $86.77, for a total transaction of $129,721.15. Following the completion of the sale, the executive vice president now directly owns 31,428 shares in the company, valued at $2,727,007.56. The trade was a 4.54 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 5.70% of the stock is currently owned by insiders.
Wall Street Analyst Weigh In
A number of equities analysts have issued reports on OXM shares. UBS Group decreased 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 reissued a "market perform" rating and set a $86.00 price target on shares of Oxford Industries in a research report on Wednesday, December 4th. Finally, Citigroup cut their price objective on shares of Oxford Industries from $92.00 to $65.00 and set a "sell" rating on the stock in a report on Friday, September 13th.
Read Our Latest Report 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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