Landscape Capital Management L.L.C. Acquires Shares of 42,818 Oxford Industries, Inc. (NYSE:OXM)

Landscape Capital Management L.L.C. acquired a new position in Oxford Industries, Inc. (NYSE:OXM - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 42,818 shares of the textile maker's stock, valued at approximately $3,373,000. Landscape Capital Management L.L.C. owned about 0.27% of Oxford Industries as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in OXM. Blue Trust Inc. lifted its position in shares of Oxford Industries by 27.6% during the fourth quarter. Blue Trust Inc. now owns 739 shares of the textile maker's stock worth $64,000 after acquiring an additional 160 shares in the last quarter. Venturi Wealth Management LLC bought a new stake in shares of Oxford Industries during the 4th quarter valued at $63,000. Vestcor Inc purchased a new stake in Oxford Industries during the 4th quarter worth about $100,000. M&T Bank Corp bought a new position in Oxford Industries in the 3rd quarter worth about $206,000. Finally, Truvestments Capital LLC grew its holdings in Oxford Industries by 15.6% during the 4th quarter. Truvestments Capital LLC now owns 2,411 shares of the textile maker's stock valued at $190,000 after buying an additional 326 shares in the last quarter. 91.16% of the stock is currently owned by institutional investors.

Oxford Industries Price Performance

OXM stock traded up $1.40 during midday trading on Wednesday, reaching $47.45. The company had a trading volume of 218,502 shares, compared to its average volume of 346,396. The firm has a 50-day moving average price of $64.90 and a 200-day moving average price of $74.95. The company has a market capitalization of $705.30 million, a P/E ratio of 53.32 and a beta of 1.40. Oxford Industries, Inc. has a 1 year low of $44.76 and a 1 year high of $111.46. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.42 and a quick ratio of 0.71.

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

Oxford Industries Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, May 2nd. Shareholders of record on Thursday, April 17th will be paid a $0.69 dividend. The ex-dividend date is Thursday, April 17th. This represents a $2.76 annualized dividend and a yield of 5.82%. This is a positive change from Oxford Industries's previous quarterly dividend of $0.67. Oxford Industries's dividend payout ratio is currently 47.02%.

Insider Buying and Selling at Oxford Industries

In related news, Director Milford W. Mcguirt acquired 1,000 shares of Oxford Industries stock in a transaction dated Wednesday, April 2nd. The shares were purchased at an average cost of $58.70 per share, with a total value of $58,700.00. Following the completion of the purchase, the director now owns 7,180 shares of the company's stock, valued at $421,466. This represents a 16.18 % increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Tracey Hernandez sold 1,250 shares of the business's stock in a transaction dated Tuesday, January 14th. The shares were sold at an average price of $86.92, for a total value of $108,650.00. Following the completion of the sale, the senior vice president now directly owns 1,681 shares of the company's stock, valued at approximately $146,112.52. This trade represents a 42.65 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 5.70% of the company's stock.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on OXM. Telsey Advisory Group lowered 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 report on Monday, March 24th. UBS Group cut their price target on shares of Oxford Industries from $66.00 to $57.00 and set a "neutral" rating for the company in a report on Friday, March 28th. Citigroup reduced their price target on shares of Oxford Industries from $52.00 to $47.00 and set a "sell" rating for the company in a research report on Monday. Finally, KeyCorp reiterated a "sector weight" rating on shares of Oxford Industries in a research 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.