28,801 Shares in Oxford Industries, Inc. (NYSE:OXM) Purchased by CenterBook Partners LP

CenterBook Partners LP purchased a new position in Oxford Industries, Inc. (NYSE:OXM - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 28,801 shares of the textile maker's stock, valued at approximately $2,269,000. CenterBook Partners LP owned about 0.18% of Oxford Industries at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Raymond James Financial Inc. acquired a new stake in Oxford Industries in the fourth quarter worth $4,041,000. Invesco Ltd. grew its position in shares of Oxford Industries by 21.9% during the fourth quarter. Invesco Ltd. now owns 409,653 shares of the textile maker's stock worth $32,272,000 after acquiring an additional 73,720 shares during the last quarter. Quadrant Capital Group LLC increased its holdings in shares of Oxford Industries by 981.6% in the 4th quarter. Quadrant Capital Group LLC now owns 411 shares of the textile maker's stock worth $32,000 after acquiring an additional 373 shares during the period. Envestnet Asset Management Inc. lifted its position in Oxford Industries by 27.8% in the 4th quarter. Envestnet Asset Management Inc. now owns 85,772 shares of the textile maker's stock valued at $6,757,000 after purchasing an additional 18,653 shares during the last quarter. Finally, Landscape Capital Management L.L.C. acquired a new position in Oxford Industries during the 4th quarter valued at about $3,373,000. Institutional investors and hedge funds own 91.16% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the company. UBS Group cut their price target on Oxford Industries from $66.00 to $57.00 and set a "neutral" rating on the stock in a report on Friday, March 28th. Telsey Advisory Group cut their target price on Oxford Industries from $86.00 to $68.00 and set a "market perform" rating on the stock in a research note on Monday, March 24th. Citigroup decreased their price target on Oxford Industries from $52.00 to $47.00 and set a "sell" rating for the company in a research note on Monday, April 7th. Finally, KeyCorp reissued a "sector weight" rating on shares of Oxford Industries in a report on Friday, March 28th.

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Oxford Industries Stock Down 5.0 %

Shares of OXM traded down $2.48 during mid-day trading on Tuesday, reaching $46.93. The company's stock had a trading volume of 218,080 shares, compared to its average volume of 352,481. Oxford Industries, Inc. has a 1 year low of $44.40 and a 1 year high of $111.46. The company has a quick ratio of 0.71, a current ratio of 1.42 and a debt-to-equity ratio of 0.09. The company has a market cap of $697.61 million, a price-to-earnings ratio of 52.73 and a beta of 1.40. The business has a fifty day moving average of $62.14 and a 200 day moving average of $73.75.

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

Oxford Industries Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, May 2nd. Stockholders of record on Thursday, April 17th will be issued a dividend of $0.69 per share. This is a boost from Oxford Industries's previous quarterly dividend of $0.67. This represents a $2.76 annualized dividend and a dividend yield of 5.88%. The ex-dividend date of this dividend is Thursday, April 17th. Oxford Industries's payout ratio is currently 47.02%.

Insider Transactions at Oxford Industries

In other news, Director Milford W. Mcguirt bought 1,000 shares of the stock in a transaction on Wednesday, April 2nd. The shares were purchased at an average price of $58.70 per share, for a total transaction of $58,700.00. Following the completion of the purchase, the director now directly owns 7,180 shares of the company's stock, valued at $421,466. This trade represents a 16.18 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 5.70% of the stock is currently owned by company 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.