Semanteon Capital Management LP Invests $788,000 in Oxford Industries, Inc. (NYSE:OXM)

Semanteon Capital Management LP purchased a new stake in shares of Oxford Industries, Inc. (NYSE:OXM - Free Report) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 9,088 shares of the textile maker's stock, valued at approximately $788,000. Semanteon Capital Management LP owned approximately 0.06% of Oxford Industries at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in OXM. Pacer Advisors Inc. purchased a new position in shares of Oxford Industries in the 2nd quarter worth approximately $54,882,000. Millennium Management LLC boosted its holdings in shares of 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 period. Ceredex Value Advisors LLC purchased a new position in shares of Oxford Industries in the 2nd quarter worth approximately $10,040,000. Victory Capital Management Inc. boosted its holdings in shares of Oxford Industries by 21.7% in the 2nd quarter. Victory Capital Management Inc. now owns 496,092 shares of the textile maker's stock worth $49,684,000 after purchasing an additional 88,345 shares during the period. Finally, American Century Companies Inc. boosted its holdings in shares of Oxford Industries by 25.1% in the 2nd quarter. American Century Companies Inc. now owns 361,940 shares of the textile maker's stock worth $36,248,000 after purchasing an additional 72,605 shares during the period. Hedge funds and other institutional investors own 91.16% of the company's stock.

Oxford Industries Stock Up 2.0 %

OXM traded up $1.49 during trading hours on Monday, reaching $76.38. 252,029 shares of the company's stock traded hands, compared to its average volume of 272,801. The firm has a 50-day moving average price of $82.22 and a 200 day moving average price of $95.11. Oxford Industries, Inc. has a 52-week low of $73.44 and a 52-week high of $113.88. The firm has a market capitalization of $1.20 billion, a PE ratio of 41.97 and a beta of 1.53.

Oxford Industries (NYSE:OXM - Get Free Report) last posted its quarterly earnings data on Wednesday, September 11th. The textile maker reported $2.77 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $3.00 by ($0.23). Oxford Industries had a net margin of 1.92% and a return on equity of 21.93%. The business had revenue of $419.89 million for the quarter, compared to analysts' expectations of $438.16 million. During the same quarter in the previous year, the firm earned $3.45 EPS. Oxford Industries's revenue was down .1% compared to the same quarter last year. Equities analysts predict that Oxford Industries, Inc. will post 7.16 EPS for the current fiscal year.

Oxford Industries Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, November 1st. Shareholders of record on Friday, October 18th will be given a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a yield of 3.51%. The ex-dividend date is Friday, October 18th. Oxford Industries's dividend payout ratio (DPR) is presently 147.25%.

Analyst Ratings Changes

OXM has been the subject of a number of recent research reports. Telsey Advisory Group dropped their target price on Oxford Industries from $110.00 to $86.00 and set a "market perform" rating for the company in a report on Thursday, September 12th. Citigroup dropped their target price on Oxford Industries from $92.00 to $65.00 and set a "sell" rating for the company in a report on Friday, September 13th. Finally, UBS Group dropped their target price on Oxford Industries from $101.00 to $91.00 and set a "neutral" rating for the company in a report on Thursday, September 5th. One analyst has rated the stock with a sell rating and five have given a hold rating to the stock. According to data from MarketBeat.com, Oxford Industries has a consensus rating of "Hold" and a consensus target price of $83.00.

Insider Buying and Selling at Oxford Industries

In other Oxford Industries news, EVP Scott Grassmyer sold 1,495 shares of Oxford Industries stock in a transaction on Tuesday, September 24th. The stock was sold at an average price of $86.77, for a total transaction of $129,721.15. Following the completion of the sale, the executive vice president now directly owns 31,428 shares of the company's stock, valued at $2,727,007.56. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 5.70% of the stock is currently owned by corporate 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.