Semanteon Capital Management LP Acquires Shares of 10,925 Oxford Industries, Inc. (NYSE:OXM)

Semanteon Capital Management LP acquired a new stake in Oxford Industries, Inc. (NYSE:OXM) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 10,925 shares of the textile maker’s stock, valued at approximately $1,092,000. Semanteon Capital Management LP owned about 0.07% of Oxford Industries at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Wellington Management Group LLP increased its position in shares of Oxford Industries by 717.9% in the 3rd quarter. Wellington Management Group LLP now owns 373,847 shares of the textile maker’s stock valued at $35,938,000 after purchasing an additional 328,140 shares during the last quarter. William Blair Investment Management LLC grew its position in shares of Oxford Industries by 21.7% in the 3rd quarter. William Blair Investment Management LLC now owns 319,815 shares of the textile maker’s stock valued at $30,744,000 after buying an additional 57,091 shares during the last quarter. American Century Companies Inc. grew its position in shares of Oxford Industries by 15.2% in the 3rd quarter. American Century Companies Inc. now owns 200,637 shares of the textile maker’s stock valued at $19,287,000 after buying an additional 26,532 shares during the last quarter. Fort Washington Investment Advisors Inc. OH grew its position in shares of Oxford Industries by 19.0% in the 4th quarter. Fort Washington Investment Advisors Inc. OH now owns 188,933 shares of the textile maker’s stock valued at $18,893,000 after buying an additional 30,130 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. grew its position in shares of Oxford Industries by 4.4% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 186,652 shares of the textile maker’s stock valued at $17,943,000 after buying an additional 7,837 shares during the last quarter. 91.16% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the stock. UBS Group dropped their target price on shares of Oxford Industries from $106.00 to $104.00 and set a “neutral” rating on the stock in a research report on Monday, April 1st. Telsey Advisory Group reaffirmed a “market perform” rating and issued a $110.00 target price on shares of Oxford Industries in a research report on Wednesday. Finally, Citigroup downgraded shares of Oxford Industries from a “neutral” rating to a “sell” rating and lowered their price objective for the stock from $98.00 to $94.00 in a research report on Monday, April 1st. One research analyst has rated the stock with a sell rating, five have issued a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $103.60.

Oxford Industries Trading Down 1.4 %

OXM stock traded down $1.50 during midday trading on Thursday, reaching $105.75. 179,068 shares of the company’s stock traded hands, compared to its average volume of 200,438. The company has a market capitalization of $1.65 billion, a P/E ratio of 28.66 and a beta of 1.60. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.22 and a quick ratio of 0.55. Oxford Industries, Inc. has a fifty-two week low of $82.33 and a fifty-two week high of $113.88. The business has a 50-day moving average price of $105.03 and a two-hundred day moving average price of $98.16.

Oxford Industries (NYSE:OXM) last announced its quarterly earnings results on Thursday, March 28th. The textile maker reported $1.90 earnings per share for the quarter, missing analysts’ consensus estimates of $1.92 by ($0.02). The business had revenue of $404.43 million for the quarter, compared to analyst estimates of $408.28 million. Oxford Industries had a net margin of 3.86% and a return on equity of 26.71%. The company’s quarterly revenue was up 5.7% on a year-over-year basis. During the same period last year, the firm earned $2.28 earnings per share. Equities research analysts forecast that Oxford Industries, Inc. will post 9.47 EPS for the current fiscal year.

Oxford Industries Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, May 3rd. Stockholders of record on Friday, April 19th will be given a dividend of $0.67 per share. This is a boost from Oxford Industries’s previous quarterly dividend of $0.65. This represents a $2.68 dividend on an annualized basis and a dividend yield of 2.53%. The ex-dividend date of this dividend is Thursday, April 18th. Oxford Industries’s payout ratio is presently 72.63%.

Insider Transactions at Oxford Industries

In related news, CEO Douglas B. Wood sold 33,587 shares of the company’s stock in a transaction on Friday, April 5th. The shares were sold at an average price of $104.95, for a total value of $3,524,955.65. Following the sale, the chief executive officer now directly owns 12,394 shares of the company’s stock, valued at $1,300,750.30. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 6.00% of the company’s stock.

Oxford Industries Company 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; 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; and men, women, and kids products under the Southern Tide brand.