Jane Street Group LLC Has $3.19 Million Stock Position in Oxford Industries, Inc. (NYSE:OXM)

Jane Street Group LLC increased its holdings in Oxford Industries, Inc. (NYSE:OXM - Free Report) by 73.7% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 36,812 shares of the textile maker's stock after purchasing an additional 15,617 shares during the period. Jane Street Group LLC owned approximately 0.23% of Oxford Industries worth $3,194,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the business. Pacer Advisors Inc. bought a new stake in shares of Oxford Industries during the 2nd quarter worth about $54,882,000. FMR LLC raised its stake in shares of Oxford Industries by 36.8% in the 3rd quarter. FMR LLC now owns 906,324 shares of the textile maker's stock valued at $78,633,000 after acquiring an additional 244,022 shares in the last quarter. Millennium Management LLC lifted its holdings in Oxford Industries by 254.1% in the 2nd quarter. Millennium Management LLC now owns 266,412 shares of the textile maker's stock worth $26,681,000 after purchasing an additional 191,185 shares during the last quarter. Victory Capital Management Inc. boosted its position 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 purchasing an additional 156,634 shares during the period. Finally, Wellington Management Group LLP grew its holdings 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 valued at $48,011,000 after purchasing an additional 102,525 shares during the last quarter. 91.16% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, EVP Scott Grassmyer sold 1,495 shares of the stock in a transaction on Tuesday, September 24th. The shares were sold at an average price of $86.77, for a total value of $129,721.15. Following the completion of the transaction, the executive vice president now owns 31,428 shares in the company, valued at approximately $2,727,007.56. This represents a 4.54 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 5.70% of the company's stock.

Oxford Industries Stock Performance

Shares of OXM stock traded down $0.45 during trading hours on Friday, reaching $81.03. 843,959 shares of the company's stock were exchanged, compared to its average volume of 288,536. Oxford Industries, Inc. has a fifty-two week low of $72.24 and a fifty-two week high of $113.88. The company has a quick ratio of 0.65, a current ratio of 1.42 and a debt-to-equity ratio of 0.09. The stock has a market capitalization of $1.27 billion, a P/E ratio of 91.05 and a beta of 1.56. The business has a fifty day moving average price of $78.70 and a 200-day moving average price of $87.78.

Oxford Industries (NYSE:OXM - Get Free Report) last issued its quarterly 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). Oxford Industries had a net margin of 0.98% and a return on equity of 19.09%. The company had revenue of $308.00 million during the quarter, compared to the consensus estimate of $316.84 million. During the same period last year, the company earned $1.01 earnings per share. Oxford Industries's revenue for the quarter was down 5.7% on a year-over-year basis. Analysts predict that Oxford Industries, Inc. will post 6.62 EPS for the current fiscal year.

Oxford Industries Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, January 31st. Shareholders of record on Friday, January 17th will be issued a $0.67 dividend. The ex-dividend date is Friday, January 17th. This represents a $2.68 annualized dividend and a yield of 3.31%. Oxford Industries's dividend payout ratio (DPR) is 301.12%.

Analyst Upgrades and Downgrades

OXM has been the subject of a number of analyst reports. Telsey Advisory Group restated a "market perform" rating and issued a $86.00 price objective on shares of Oxford Industries in a research note on Wednesday, December 4th. Citigroup cut their target price on shares of Oxford Industries from $92.00 to $65.00 and set a "sell" rating for the company in a research report on Friday, September 13th. Finally, UBS Group decreased their price target on shares of Oxford Industries from $81.00 to $80.00 and set a "neutral" rating for the company in a report on Thursday, December 12th.

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.