Oxford Industries (NYSE:OXM) Sets New 52-Week Low - Should You Sell?

Oxford Industries, Inc. (NYSE:OXM - Get Free Report) shares reached a new 52-week low during trading on Tuesday . The company traded as low as $70.54 and last traded at $71.04, with a volume of 59382 shares changing hands. The stock had previously closed at $73.60.

Analysts Set New Price Targets

OXM has been the topic of several research analyst reports. Telsey Advisory Group reissued a "market perform" rating and set a $86.00 target price on shares of Oxford Industries in a research report on Wednesday, December 4th. UBS Group reduced their price objective 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.

Oxford Industries Trading Down 0.3 %

The company has a current ratio of 1.42, a quick ratio of 0.71 and a debt-to-equity ratio of 0.09. The business has a 50 day moving average price of $80.34 and a 200-day moving average price of $81.31. The firm has a market capitalization of $1.13 billion, a PE ratio of 80.71 and a beta of 1.56.

Oxford Industries (NYSE:OXM - Get Free Report) last released its quarterly earnings data on Wednesday, December 11th. The textile maker reported ($0.11) EPS for the quarter, missing analysts' consensus estimates of $0.09 by ($0.20). The company had revenue of $308.00 million for the quarter, compared to analysts' expectations of $316.84 million. Oxford Industries had a return on equity of 19.09% and a net margin of 0.98%. The firm's quarterly revenue was down 5.7% on a year-over-year basis. During the same period in the prior year, the firm posted $1.01 EPS. Analysts expect that Oxford Industries, Inc. will post 6.62 earnings per share for the current year.

Oxford Industries Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 31st. Stockholders of record on Friday, January 17th were given a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a dividend yield of 3.73%. The ex-dividend date of this dividend was Friday, January 17th. Oxford Industries's dividend payout ratio is currently 301.13%.

Insider Buying and Selling

In other news, 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 owns 1,681 shares of the company's stock, valued at approximately $146,112.52. The trade was a 42.65 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 5.70% of the company's stock.

Institutional Investors Weigh In On Oxford Industries

Institutional investors and hedge funds have recently bought and sold shares of the business. Quadrant Capital Group LLC grew its stake in Oxford Industries by 981.6% during the 4th quarter. Quadrant Capital Group LLC now owns 411 shares of the textile maker's stock worth $32,000 after buying an additional 373 shares during the last quarter. Venturi Wealth Management LLC acquired a new position in shares of Oxford Industries during the fourth quarter valued at $63,000. Blue Trust Inc. grew 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 during the last quarter. Vestcor Inc acquired a new stake in shares of Oxford Industries in the 4th quarter worth about $100,000. Finally, Advisors Asset Management Inc. lifted its position in Oxford Industries by 223.3% in the 3rd quarter. Advisors Asset Management Inc. now owns 1,568 shares of the textile maker's stock valued at $136,000 after purchasing an additional 1,083 shares during the last quarter. Institutional investors and hedge funds own 91.16% of the company's stock.

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.