Oxford Industries, Inc. (OXM) Shares Sold by Nationwide Fund Advisors
Nationwide Fund Advisors lowered its position in Oxford Industries, Inc. (NYSE:OXM) by 3.3% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 61,532 shares of the company’s stock after selling 2,107 shares during the period. Nationwide Fund Advisors owned about 0.37% of Oxford Industries worth $4,166,000 as of its most recent SEC filing.
Several other large investors have also modified their holdings of OXM. PineBridge Investments L.P. raised its stake in shares of Oxford Industries by 4.9% in the second quarter. PineBridge Investments L.P. now owns 1,870 shares of the company’s stock worth $106,000 after buying an additional 88 shares during the last quarter. Teacher Retirement System of Texas raised its stake in shares of Oxford Industries by 13.8% in the second quarter. Teacher Retirement System of Texas now owns 2,091 shares of the company’s stock worth $118,000 after buying an additional 253 shares during the last quarter. Mason Street Advisors LLC acquired a new stake in shares of Oxford Industries during the second quarter worth $163,000. Clinton Group Inc. acquired a new stake in shares of Oxford Industries during the second quarter worth $203,000. Finally, Pacad Investment Ltd. acquired a new stake in shares of Oxford Industries during the second quarter worth $255,000. Institutional investors and hedge funds own 86.70% of the company’s stock.
Oxford Industries, Inc. (NYSE:OXM) opened at 54.48 on Friday. The firm has a 50-day moving average price of $63.21 and a 200-day moving average price of $63.65. The firm has a market capitalization of $913.63 million, a P/E ratio of 15.12 and a beta of 0.50. Oxford Industries, Inc. has a one year low of $52.54 and a one year high of $77.99.
Oxford Industries (NYSE:OXM) last released its quarterly earnings data on Tuesday, December 6th. The company reported ($0.07) EPS for the quarter, beating analysts’ consensus estimates of ($0.09) by $0.02. Oxford Industries had a return on equity of 17.54% and a net margin of 5.87%. The business had revenue of $222.30 million for the quarter, compared to the consensus estimate of $218.54 million. During the same quarter in the prior year, the business posted ($0.08) EPS. The business’s revenue for the quarter was up 11.9% on a year-over-year basis. Equities analysts anticipate that Oxford Industries, Inc. will post $3.59 earnings per share for the current year.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 27th. Stockholders of record on Friday, January 13th will be issued a $0.27 dividend. The ex-dividend date of this dividend is Wednesday, January 11th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.98%. Oxford Industries’s payout ratio is currently 30.00%.
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A number of brokerages have recently weighed in on OXM. B. Riley restated a “buy” rating and set a $75.00 price target on shares of Oxford Industries in a research note on Monday, December 5th. DA Davidson set a $81.00 price target on Oxford Industries and gave the stock a “buy” rating in a research note on Wednesday, November 30th. Zacks Investment Research lowered Oxford Industries from a “hold” rating to a “sell” rating in a research note on Wednesday, December 14th. Wunderlich reaffirmed a “buy” rating and set a $80.00 target price on shares of Oxford Industries in a report on Friday. Finally, Telsey Advisory Group downgraded Oxford Industries from an “outperform” rating to a “market perform” rating and decreased their target price for the stock from $77.00 to $67.00 in a report on Wednesday, December 7th. Two analysts have rated the stock with a hold rating and seven have given a buy rating to the company. Oxford Industries has an average rating of “Buy” and a consensus target price of $77.63.
Oxford Industries Company Profile
Oxford Industries, Inc is an apparel company. The Company designs, sources, markets and distributes products bearing the trademarks of its owned Tommy Bahama and Lilly Pulitzer lifestyle brands, as well as certain licensed and private label apparel products. The Company’s business is primarily operated through its Tommy Bahama, Lilly Pulitzer and Lanier Apparel operating groups.
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