Oxford Industries, Inc. (NYSE:OXM - Get Free Report) shares hit a new 52-week low on Monday . The company traded as low as $60.84 and last traded at $60.58, with a volume of 99841 shares. The stock had previously closed at $62.03.
Analyst Ratings Changes
OXM has been the subject of several analyst reports. Telsey Advisory Group restated a "market perform" rating and set a $86.00 target price on shares of Oxford Industries in a report on Wednesday, December 4th. UBS Group dropped their price target on shares of Oxford Industries from $81.00 to $80.00 and set a "neutral" rating for the company in a research report on Thursday, December 12th.
Check Out Our Latest Research Report on OXM
Oxford Industries Price Performance
The company has a market cap of $976.29 million, a PE ratio of 69.72 and a beta of 1.56. The business has a 50 day moving average of $77.36 and a 200 day moving average of $79.67. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.42 and a quick ratio of 0.71.
Oxford Industries (NYSE:OXM - Get Free Report) last posted 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 return on equity of 19.09% and a net margin of 0.98%. The company had revenue of $308.00 million during the quarter, compared to analysts' expectations of $316.84 million. During the same period in the prior year, the business posted $1.01 earnings per share. The company's revenue for the quarter was down 5.7% on a year-over-year basis. As a group, research analysts predict that Oxford Industries, Inc. will post 6.62 EPS for the current year.
Oxford Industries Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Friday, January 31st. Stockholders of record on Friday, January 17th were paid a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a dividend yield of 4.31%. The ex-dividend date was Friday, January 17th. Oxford Industries's payout ratio is presently 301.12%.
Insider Activity
In other Oxford Industries news, SVP Tracey Hernandez sold 1,250 shares of the firm'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 completion of the sale, the senior vice president now directly owns 1,681 shares in the company, valued at approximately $146,112.52. This trade represents a 42.65 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 5.70% of the company's stock.
Institutional Investors Weigh In On Oxford Industries
Institutional investors have recently made changes to their positions in the company. FMR LLC lifted its position in 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. Dimensional Fund Advisors LP lifted its holdings in shares of Oxford Industries by 13.8% during the fourth quarter. Dimensional Fund Advisors LP now owns 849,973 shares of the textile maker's stock valued at $66,958,000 after purchasing an additional 103,253 shares in the last quarter. Victory Capital Management Inc. lifted its holdings in shares of Oxford Industries by 31.6% during the third quarter. Victory Capital Management Inc. now owns 652,726 shares of the textile maker's stock valued at $56,631,000 after purchasing an additional 156,634 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its position in shares of Oxford Industries by 8.9% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 618,654 shares of the textile maker's stock valued at $48,738,000 after buying an additional 50,420 shares during the last quarter. Finally, Wellington Management Group LLP increased its holdings in Oxford Industries by 4.9% in the 4th quarter. Wellington Management Group LLP now owns 580,580 shares of the textile maker's stock worth $45,738,000 after buying an additional 27,198 shares in the last quarter. Hedge funds and other institutional investors own 91.16% of the company's stock.
About Oxford Industries
(
Get Free Report)
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.
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