Oxford Industries, Inc. (NYSE:OXM) Shares Acquired by Royce & Associates LP

Royce & Associates LP increased its stake in shares of Oxford Industries, Inc. (NYSE:OXM - Free Report) by 26.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 37,130 shares of the textile maker's stock after acquiring an additional 7,689 shares during the period. Royce & Associates LP owned about 0.24% of Oxford Industries worth $3,221,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently bought and sold shares of the company. Vanguard Group Inc. increased its stake in shares of Oxford Industries by 0.3% in the 1st quarter. Vanguard Group Inc. now owns 1,767,543 shares of the textile maker's stock valued at $198,672,000 after purchasing an additional 4,869 shares in the last quarter. Victory Capital Management Inc. increased its position in shares of Oxford Industries by 31.6% in the third quarter. Victory Capital Management Inc. now owns 652,726 shares of the textile maker's stock valued at $56,631,000 after buying an additional 156,634 shares in the last quarter. Pacer Advisors Inc. acquired a new position in shares of Oxford Industries during the 2nd quarter worth approximately $54,882,000. American Century Companies Inc. grew its stake in Oxford Industries by 25.1% in the 2nd quarter. American Century Companies Inc. now owns 361,940 shares of the textile maker's stock valued at $36,248,000 after acquiring an additional 72,605 shares during the period. Finally, Millennium Management LLC increased its holdings in 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 acquiring an additional 191,185 shares in the last quarter. 91.16% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms have issued reports on OXM. Telsey Advisory Group decreased their price objective on shares of Oxford Industries from $110.00 to $86.00 and set a "market perform" rating on the stock in a report on Thursday, September 12th. UBS Group lowered their price objective on Oxford Industries from $101.00 to $91.00 and set a "neutral" rating on the stock in a report on Thursday, September 5th. Finally, Citigroup reduced 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.

Insider Activity

In other Oxford Industries news, EVP Scott Grassmyer sold 1,495 shares of the company's stock in a transaction dated Tuesday, September 24th. The shares were 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 of the company's stock, valued at $2,727,007.56. This represents a 4.54 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Corporate insiders own 5.70% of the company's stock.

Oxford Industries Price Performance

Shares of NYSE:OXM traded down $0.31 during midday trading on Tuesday, hitting $75.57. The company had a trading volume of 294,478 shares, compared to its average volume of 272,207. Oxford Industries, Inc. has a twelve month low of $72.24 and a twelve month high of $113.88. The stock has a market cap of $1.19 billion, a price-to-earnings ratio of 41.52 and a beta of 1.55. The business's 50-day simple moving average is $79.23 and its 200-day simple moving average is $91.75.

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 (EPS) 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 company had revenue of $419.89 million during the quarter, compared to analysts' expectations of $438.16 million. During the same quarter in the previous year, the company earned $3.45 earnings per share. The firm's quarterly revenue was down .1% compared to the same quarter last year. As a group, sell-side analysts forecast that Oxford Industries, Inc. will post 7.16 EPS for the current year.

Oxford Industries Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, November 1st. Stockholders of record on Friday, October 18th were issued a dividend of $0.67 per share. The ex-dividend date was Friday, October 18th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 3.55%. Oxford Industries's dividend payout ratio is currently 147.25%.

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.