Entropy Technologies LP Takes Position in Oxford Industries, Inc. (NYSE:OXM)

Entropy Technologies LP bought a new position in shares of Oxford Industries, Inc. (NYSE:OXM - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 4,773 shares of the textile maker's stock, valued at approximately $376,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. FMR LLC boosted its stake in Oxford Industries by 36.8% during the third quarter. FMR LLC now owns 906,324 shares of the textile maker's stock worth $78,633,000 after buying an additional 244,022 shares in the last quarter. Victory Capital Management Inc. boosted its stake in Oxford Industries by 31.6% during the third quarter. Victory Capital Management Inc. now owns 652,726 shares of the textile maker's stock worth $56,631,000 after buying an additional 156,634 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its stake in Oxford Industries by 4.7% during the third quarter. Charles Schwab Investment Management Inc. now owns 568,234 shares of the textile maker's stock worth $49,300,000 after buying an additional 25,619 shares in the last quarter. State Street Corp boosted its stake in Oxford Industries by 1.3% during the third quarter. State Street Corp now owns 559,581 shares of the textile maker's stock worth $48,549,000 after buying an additional 7,336 shares in the last quarter. Finally, Wellington Management Group LLP boosted its stake in Oxford Industries by 22.7% during the third quarter. Wellington Management Group LLP now owns 553,382 shares of the textile maker's stock worth $48,011,000 after buying an additional 102,525 shares in the last quarter. Institutional investors own 91.16% of the company's stock.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on OXM. Telsey Advisory Group reiterated a "market perform" rating and set a $86.00 price target on shares of Oxford Industries in a research note on Wednesday, December 4th. UBS Group decreased their price target on shares of Oxford Industries from $81.00 to $80.00 and set a "neutral" rating on the stock in a research note on Thursday, December 12th.

Oxford Industries Price Performance

Shares of NYSE:OXM traded down $1.34 on Friday, hitting $73.68. The stock had a trading volume of 218,014 shares, compared to its average volume of 286,658. Oxford Industries, Inc. has a twelve month low of $71.05 and a twelve month high of $113.88. 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's 50 day moving average price is $81.26 and its 200-day moving average price is $81.95. The company has a market capitalization of $1.16 billion, a price-to-earnings ratio of 82.79 and a beta of 1.56.

Oxford Industries (NYSE:OXM - Get Free Report) last issued its earnings results on Wednesday, December 11th. The textile maker reported ($0.11) EPS for the quarter, missing the consensus estimate of $0.09 by ($0.20). Oxford Industries had a net margin of 0.98% and a return on equity of 19.09%. The firm had revenue of $308.00 million during the quarter, compared to analyst estimates of $316.84 million. During the same quarter in the prior year, the firm posted $1.01 EPS. The firm's revenue for the quarter was down 5.7% on a year-over-year basis. On average, equities research analysts predict that Oxford Industries, Inc. will post 6.62 earnings per share for the current year.

Oxford Industries Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, January 31st. Investors of record on Friday, January 17th were given a dividend of $0.67 per share. The ex-dividend date was Friday, January 17th. This represents a $2.68 annualized dividend and a yield of 3.64%. Oxford Industries's dividend payout ratio (DPR) is 301.13%.

Insider Buying and Selling

In related news, SVP Tracey Hernandez sold 1,250 shares of the company's stock in a transaction dated Tuesday, January 14th. The shares were sold at an average price of $86.92, for a total transaction of $108,650.00. Following the transaction, the senior vice president now owns 1,681 shares in the company, valued at $146,112.52. This represents a 42.65 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 5.70% of the stock is owned by corporate insiders.

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.