Bank of Montreal Can raised its position in Oxford Industries Inc (NYSE:OXM) by 4,338.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 21,038 shares of the textile maker’s stock after buying an additional 20,564 shares during the quarter. Bank of Montreal Can owned about 0.13% of Oxford Industries worth $1,582,000 at the end of the most recent quarter.
A number of other hedge funds have also recently added to or reduced their stakes in OXM. Teachers Advisors LLC increased its holdings in Oxford Industries by 12.8% in the 2nd quarter. Teachers Advisors LLC now owns 29,390 shares of the textile maker’s stock valued at $1,837,000 after buying an additional 3,346 shares during the period. TIAA CREF Investment Management LLC increased its holdings in Oxford Industries by 8.9% in the 2nd quarter. TIAA CREF Investment Management LLC now owns 44,118 shares of the textile maker’s stock valued at $2,757,000 after buying an additional 3,593 shares during the period. Northern Trust Corp increased its holdings in Oxford Industries by 5.1% in the 2nd quarter. Northern Trust Corp now owns 218,690 shares of the textile maker’s stock valued at $13,666,000 after buying an additional 10,587 shares during the period. Vanguard Group Inc. increased its holdings in Oxford Industries by 1.1% in the 2nd quarter. Vanguard Group Inc. now owns 1,330,589 shares of the textile maker’s stock valued at $83,148,000 after buying an additional 14,729 shares during the period. Finally, California Public Employees Retirement System increased its holdings in Oxford Industries by 3.4% in the 2nd quarter. California Public Employees Retirement System now owns 58,300 shares of the textile maker’s stock valued at $3,643,000 after buying an additional 1,900 shares during the period. 89.52% of the stock is currently owned by hedge funds and other institutional investors.
Shares of Oxford Industries Inc (NYSE:OXM) opened at $79.94 on Thursday. The stock has a market cap of $1,331.34, a P/E ratio of 26.21, a P/E/G ratio of 1.77 and a beta of 0.36. The company has a current ratio of 1.99, a quick ratio of 0.91 and a debt-to-equity ratio of 0.18. Oxford Industries Inc has a 1-year low of $49.50 and a 1-year high of $84.32.
Oxford Industries (NYSE:OXM) last announced its quarterly earnings results on Tuesday, December 5th. The textile maker reported $0.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.12 by $0.05. The company had revenue of $236.00 million for the quarter, compared to analyst estimates of $242.98 million. Oxford Industries had a net margin of 4.83% and a return on equity of 14.26%. The firm’s revenue was up 6.2% on a year-over-year basis. During the same period in the previous year, the firm posted ($0.07) EPS. research analysts anticipate that Oxford Industries Inc will post 3.65 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which was paid on Friday, February 2nd. Investors of record on Friday, January 19th were issued a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a dividend yield of 1.35%. The ex-dividend date of this dividend was Thursday, January 18th. Oxford Industries’s dividend payout ratio (DPR) is presently 35.41%.
In related news, Director Dennis M. Love sold 1,500 shares of Oxford Industries stock in a transaction that occurred on Friday, December 8th. The shares were sold at an average price of $72.09, for a total transaction of $108,135.00. Following the sale, the director now directly owns 17,002 shares of the company’s stock, valued at approximately $1,225,674.18. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider James Wesley Howard, Jr. sold 4,750 shares of Oxford Industries stock in a transaction that occurred on Wednesday, January 10th. The shares were sold at an average price of $80.25, for a total transaction of $381,187.50. Following the sale, the insider now directly owns 6,204 shares in the company, valued at $497,871. The disclosure for this sale can be found here. Insiders own 3.29% of the company’s stock.
Several equities analysts have commented on the stock. B. Riley reissued a “buy” rating on shares of Oxford Industries in a report on Wednesday, November 1st. KeyCorp reissued a “buy” rating and issued a $78.00 target price on shares of Oxford Industries in a report on Friday, November 24th. Zacks Investment Research lowered shares of Oxford Industries from a “buy” rating to a “hold” rating in a report on Thursday, November 2nd. SunTrust Banks reissued a “buy” rating on shares of Oxford Industries in a report on Thursday, December 7th. Finally, Telsey Advisory Group raised their target price on shares of Oxford Industries from $65.00 to $68.00 and gave the company a “market perform” rating in a report on Wednesday, December 6th. Three research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. Oxford Industries has an average rating of “Buy” and a consensus price target of $77.80.
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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.
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