Oxford Industries, Inc. (NYSE:OXM) Shares Acquired by Ceredex Value Advisors LLC

Ceredex Value Advisors LLC boosted its stake in Oxford Industries, Inc. (NYSE:OXM - Free Report) by 19.2% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 119,450 shares of the textile maker's stock after buying an additional 19,200 shares during the period. Ceredex Value Advisors LLC owned approximately 0.76% of Oxford Industries worth $10,363,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of OXM. 1620 Investment Advisors Inc. purchased a new stake in shares of Oxford Industries in the 2nd quarter valued at approximately $28,000. Quarry LP raised its position in Oxford Industries by 4,650.0% in the second quarter. Quarry LP now owns 475 shares of the textile maker's stock valued at $48,000 after purchasing an additional 465 shares during the period. Natixis acquired a new position in Oxford Industries during the first quarter worth $109,000. SG Americas Securities LLC purchased a new position in shares of Oxford Industries during the first quarter worth $137,000. Finally, Central Pacific Bank Trust Division acquired a new stake in shares of Oxford Industries in the first quarter valued at $140,000. Institutional investors and hedge funds own 91.16% of the company's stock.

Insiders Place Their Bets

In other news, EVP Scott Grassmyer sold 1,495 shares of the stock in a transaction dated Tuesday, September 24th. The stock was sold at an average price of $86.77, for a total value of $129,721.15. Following the transaction, the executive vice president now owns 31,428 shares in the company, valued at approximately $2,727,007.56. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 5.70% of the stock is owned by company insiders.

Oxford Industries Stock Performance

OXM stock traded up $0.26 during mid-day trading on Friday, reaching $72.88. The company had a trading volume of 287,263 shares, compared to its average volume of 315,558. Oxford Industries, Inc. has a fifty-two week low of $72.44 and a fifty-two week high of $113.88. The company has a market capitalization of $1.14 billion, a price-to-earnings ratio of 40.04 and a beta of 1.55. The firm has a fifty day simple moving average of $81.17 and a 200 day simple moving average of $94.34.

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

Oxford Industries Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, November 1st. Shareholders of record on Friday, October 18th were paid a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a yield of 3.68%. The ex-dividend date of this dividend was Friday, October 18th. Oxford Industries's dividend payout ratio is presently 147.25%.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on OXM shares. Citigroup decreased their target price on Oxford Industries from $92.00 to $65.00 and set a "sell" rating on the stock in a research note on Friday, September 13th. Telsey Advisory Group lowered their price objective on shares of Oxford Industries from $110.00 to $86.00 and set a "market perform" rating for the company in a research note on Thursday, September 12th. Finally, UBS Group dropped their price objective on shares of Oxford Industries from $101.00 to $91.00 and set a "neutral" rating for the company in a report on Thursday, September 5th. One equities research analyst has rated the stock with a sell rating and five have issued a hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $83.00.

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.