Gotham Asset Management LLC Takes Position in Oxford Industries, Inc. (OXM)

Gotham Asset Management LLC acquired a new stake in Oxford Industries, Inc. (NYSE:OXM) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 15,652 shares of the textile maker’s stock, valued at approximately $978,000. Gotham Asset Management LLC owned about 0.09% of Oxford Industries at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of OXM. Wells Fargo & Company MN boosted its position in Oxford Industries by 48.7% in the 1st quarter. Wells Fargo & Company MN now owns 35,529 shares of the textile maker’s stock valued at $2,035,000 after buying an additional 11,637 shares during the last quarter. UBS Asset Management Americas Inc. acquired a new stake in shares of Oxford Industries in the 1st quarter valued at about $263,000. Karp Capital Management Corp acquired a new stake in shares of Oxford Industries in the 1st quarter valued at about $309,000. Ameriprise Financial Inc. raised its stake in shares of Oxford Industries by 92.6% in the 1st quarter. Ameriprise Financial Inc. now owns 144,118 shares of the textile maker’s stock valued at $8,251,000 after purchasing an additional 69,279 shares in the last quarter. Finally, Parametric Portfolio Associates LLC raised its stake in shares of Oxford Industries by 6.2% in the 1st quarter. Parametric Portfolio Associates LLC now owns 55,760 shares of the textile maker’s stock valued at $3,193,000 after purchasing an additional 3,243 shares in the last quarter. 86.75% of the stock is owned by institutional investors.

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Shares of Oxford Industries, Inc. (NYSE OXM) traded down 0.69% during midday trading on Friday, hitting $64.98. 5,720 shares of the company’s stock traded hands. Oxford Industries, Inc. has a 1-year low of $49.50 and a 1-year high of $76.19. The firm has a market capitalization of $1.09 billion, a price-to-earnings ratio of 22.47 and a beta of 0.37. The company has a 50 day moving average price of $62.84 and a 200 day moving average price of $60.19.

Oxford Industries (NYSE:OXM) last posted its quarterly earnings results on Thursday, August 31st. The textile maker reported $1.44 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.43 by $0.01. Oxford Industries had a net margin of 4.64% and a return on equity of 13.56%. The business had revenue of $284.70 million during the quarter, compared to the consensus estimate of $291.34 million. During the same quarter last year, the firm posted $1.48 EPS. Oxford Industries’s revenue was up .6% compared to the same quarter last year. Equities analysts anticipate that Oxford Industries, Inc. will post $3.59 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 27th. Investors of record on Friday, October 13th will be given a $0.27 dividend. This represents a $1.08 annualized dividend and a yield of 1.65%. The ex-dividend date of this dividend is Thursday, October 12th. Oxford Industries’s payout ratio is currently 37.37%.

A number of equities research analysts have recently issued reports on OXM shares. FBR & Co restated a “buy” rating and issued a $75.00 target price on shares of Oxford Industries in a research note on Tuesday, September 12th. Zacks Investment Research upgraded shares of Oxford Industries from a “hold” rating to a “buy” rating and set a $68.00 target price on the stock in a research note on Friday, September 15th. Needham & Company LLC assumed coverage on shares of Oxford Industries in a research note on Tuesday, July 18th. They set a “buy” rating and a $68.00 price objective on the stock. Finally, SunTrust Banks, Inc. reiterated a “buy” rating and set a $66.00 price objective on shares of Oxford Industries in a research note on Tuesday. Four research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus price target of $66.78.

Oxford Industries Profile

Oxford Industries, Inc is an apparel company. The Company designs, sources, markets and distributes products bearing the trademarks of its owned Tommy Bahama, Lilly Pulitzer and Southern Tide lifestyle brands, other owned brands and licensed brands, as well as private label apparel products. It distributes its lifestyle branded products through its direct to consumer channels, consisting of its Tommy Bahama and Lilly Pulitzer full-price retail stores and its e-commerce sites for Tommy Bahama, Lilly Pulitzer and Southern Tide, and through its wholesale distribution channels.

Institutional Ownership by Quarter for Oxford Industries (NYSE:OXM)

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