Walleye Capital LLC Buys Shares of 6,630 Oxford Industries, Inc. (NYSE:OXM)

Walleye Capital LLC purchased a new stake in Oxford Industries, Inc. (NYSE:OXM - Free Report) during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 6,630 shares of the textile maker's stock, valued at approximately $575,000.

Other hedge funds have also modified their holdings of the company. 1620 Investment Advisors Inc. acquired a new stake in shares of Oxford Industries in the second quarter valued at $28,000. Quarry LP lifted its position in shares of Oxford Industries by 4,650.0% during the second quarter. Quarry LP now owns 475 shares of the textile maker's stock worth $48,000 after purchasing an additional 465 shares in the last quarter. Advisors Asset Management Inc. grew its holdings in shares of Oxford Industries by 223.3% in the third 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 in the last quarter. Verity Asset Management Inc. purchased a new stake in Oxford Industries during the 3rd quarter worth approximately $233,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in Oxford Industries by 36.4% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,942 shares of the textile maker's stock worth $295,000 after buying an additional 785 shares in the last quarter. 91.16% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on OXM shares. UBS Group cut their price objective on Oxford Industries from $101.00 to $91.00 and set a "neutral" rating on the stock in a research report on Thursday, September 5th. Telsey Advisory Group reaffirmed a "market perform" rating and issued a $86.00 price target on shares of Oxford Industries in a research report on Wednesday. Finally, Citigroup decreased their price objective on Oxford Industries from $92.00 to $65.00 and set a "sell" rating for the company in a research note on Friday, September 13th.

Insider Activity at Oxford Industries

In other Oxford Industries news, EVP Scott Grassmyer sold 1,495 shares of Oxford Industries stock in a transaction that occurred 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 transaction, the executive vice president now owns 31,428 shares of the company's stock, valued at $2,727,007.56. The trade was a 4.54 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 5.70% of the stock is owned by corporate insiders.

Oxford Industries Price Performance

Shares of Oxford Industries stock traded down $0.14 during trading on Friday, hitting $79.85. 199,797 shares of the stock were exchanged, compared to its average volume of 290,415. The stock has a market cap of $1.25 billion, a price-to-earnings ratio of 43.87 and a beta of 1.56. The firm's 50-day moving average price is $77.87 and its 200 day moving average price is $89.37. Oxford Industries, Inc. has a 12-month low of $72.24 and a 12-month high of $113.88.

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

Oxford Industries Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, November 1st. Investors of record on Friday, October 18th were given a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a dividend yield of 3.36%. The ex-dividend date of this dividend was Friday, October 18th. Oxford Industries's dividend payout ratio (DPR) is 147.25%.

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.