Capital Fund Management S.A. Invests $1.22 Million in Oxford Industries, Inc. (NYSE:OXM)

Capital Fund Management S.A. bought a new stake in shares of Oxford Industries, Inc. (NYSE:OXM - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 15,534 shares of the textile maker's stock, valued at approximately $1,224,000. Capital Fund Management S.A. owned 0.10% of Oxford Industries as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Global Alpha Capital Management Ltd. acquired a new stake in shares of Oxford Industries during the 4th quarter worth approximately $16,489,000. ExodusPoint Capital Management LP acquired a new stake in Oxford Industries in the fourth quarter worth $6,036,000. Invesco Ltd. increased its stake in Oxford Industries by 21.9% in the fourth quarter. Invesco Ltd. now owns 409,653 shares of the textile maker's stock valued at $32,272,000 after purchasing an additional 73,720 shares in the last quarter. Arrowstreet Capital Limited Partnership boosted its position in shares of Oxford Industries by 13.3% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 459,328 shares of the textile maker's stock worth $36,186,000 after purchasing an additional 54,045 shares in the last quarter. Finally, Raymond James Financial Inc. acquired a new stake in shares of Oxford Industries in the 4th quarter valued at about $4,041,000. 91.16% of the stock is owned by institutional investors.

Insider Activity at Oxford Industries

In other news, Director Milford W. Mcguirt bought 1,000 shares of the firm's stock in a transaction that occurred on Wednesday, April 2nd. The shares were acquired at an average price of $58.70 per share, with a total value of $58,700.00. Following the acquisition, the director now owns 7,180 shares of the company's stock, valued at approximately $421,466. The trade was a 16.18 % increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. 5.70% of the stock is owned by company insiders.

Oxford Industries Stock Performance

NYSE:OXM traded up $1.35 during trading on Friday, reaching $44.80. The company's stock had a trading volume of 430,977 shares, compared to its average volume of 356,668. The firm has a 50 day moving average of $59.81 and a 200-day moving average of $72.79. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.71 and a current ratio of 1.42. The firm has a market cap of $665.94 million, a price-to-earnings ratio of 50.34 and a beta of 1.40. Oxford Industries, Inc. has a 12 month low of $42.12 and a 12 month high of $111.46.

Oxford Industries (NYSE:OXM - Get Free Report) last released its earnings results on Thursday, March 27th. The textile maker reported $1.37 earnings per share for the quarter, beating analysts' consensus estimates of $1.28 by $0.09. Oxford Industries had a net margin of 0.98% and a return on equity of 19.09%. The firm had revenue of $390.51 million for the quarter, compared to analysts' expectations of $383.94 million. During the same period in the previous year, the company earned $1.90 earnings per share. The company's quarterly revenue was down 3.4% on a year-over-year basis. Research analysts expect that Oxford Industries, Inc. will post 6.62 EPS for the current fiscal year.

Oxford Industries Increases Dividend

The firm 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 is Thursday, April 17th. This is an increase from Oxford Industries's previous quarterly dividend of $0.67. This represents a $2.76 annualized dividend and a yield of 6.16%. Oxford Industries's dividend payout ratio (DPR) is 47.02%.

Analysts Set New Price Targets

A number of equities research analysts have commented on the company. UBS Group reduced their price objective on Oxford Industries from $66.00 to $57.00 and set a "neutral" rating for the company in a research note on Friday, March 28th. Citigroup reduced their price objective on shares of Oxford Industries from $52.00 to $47.00 and set a "sell" rating for the company in a report on Monday, April 7th. Telsey Advisory Group dropped their price target on shares of 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. Finally, KeyCorp reissued a "sector weight" rating on shares of Oxford Industries in a report on Friday, March 28th.

Oxford Industries 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.