Louisiana State Employees Retirement System Has $381,000 Position in Oxford Industries, Inc. (OXM)
Louisiana State Employees Retirement System maintained its stake in shares of Oxford Industries, Inc. (NYSE:OXM) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 6,100 shares of the textile maker’s stock at the end of the second quarter. Louisiana State Employees Retirement System’s holdings in Oxford Industries were worth $381,000 at the end of the most recent quarter.
A number of other hedge funds have also modified their holdings of OXM. Kernodle & Katon Asset Management Group LLC acquired a new stake in shares of Oxford Industries during the first quarter worth approximately $106,000. State of Alaska Department of Revenue raised its stake in shares of Oxford Industries by 79.8% in the second quarter. State of Alaska Department of Revenue now owns 2,966 shares of the textile maker’s stock worth $185,000 after buying an additional 1,316 shares during the period. Mason Street Advisors LLC raised its stake in shares of Oxford Industries by 7.0% in the first quarter. Mason Street Advisors LLC now owns 3,490 shares of the textile maker’s stock worth $200,000 after buying an additional 229 shares during the period. Teza Capital Management LLC acquired a new stake in shares of Oxford Industries during the first quarter worth approximately $228,000. Finally, UBS Asset Management Americas Inc. acquired a new stake in shares of Oxford Industries during the first quarter worth approximately $263,000. Institutional investors and hedge funds own 88.39% of the company’s stock.
Shares of Oxford Industries, Inc. (OXM) traded down 2.95% during mid-day trading on Tuesday, hitting $60.10. The company’s stock had a trading volume of 17,102 shares. The company has a market cap of $1.01 billion, a price-to-earnings ratio of 20.24 and a beta of 0.40. The stock’s 50 day moving average price is $61.83 and its 200 day moving average price is $57.74. Oxford Industries, Inc. has a 52-week low of $49.50 and a 52-week high of $76.19.
Oxford Industries (NYSE:OXM) last issued its earnings results on Tuesday, June 6th. The textile maker reported $1.12 EPS for the quarter, beating the consensus estimate of $1.04 by $0.08. Oxford Industries had a return on equity of 14.00% and a net margin of 4.76%. The business had revenue of $272.40 million for the quarter, compared to the consensus estimate of $273.40 million. During the same period last year, the business posted $1.26 EPS. The company’s revenue was up 6.3% compared to the same quarter last year. Equities analysts forecast that Oxford Industries, Inc. will post $3.59 EPS for the current year.
The company also recently declared a quarterly dividend, which was paid on Friday, July 28th. Stockholders of record on Friday, July 14th were paid a $0.27 dividend. The ex-dividend date was Wednesday, July 12th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.74%. Oxford Industries’s dividend payout ratio (DPR) is currently 36.36%.
ILLEGAL ACTIVITY WARNING: This piece was originally posted by Watch List News and is the property of of Watch List News. If you are viewing this piece on another domain, it was illegally stolen and republished in violation of United States & international trademark and copyright legislation. The correct version of this piece can be accessed at https://www.watchlistnews.com/louisiana-state-employees-retirement-system-has-381000-position-in-oxford-industries-inc-oxm/1492001.html.
OXM has been the topic of a number of recent analyst reports. TheStreet upgraded Oxford Industries from a “c+” rating to a “b-” rating in a report on Thursday, June 15th. BidaskClub upgraded Oxford Industries from a “hold” rating to a “buy” rating in a report on Tuesday, June 13th. B. Riley reiterated a “buy” rating and set a $66.00 price target on shares of Oxford Industries in a report on Saturday, June 10th. Needham & Company LLC initiated coverage on Oxford Industries in a report on Tuesday, July 18th. They set a “buy” rating and a $68.00 price target on the stock. Finally, Zacks Investment Research upgraded Oxford Industries from a “sell” rating to a “hold” rating in a report on Tuesday, May 30th. Three equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average target price of $71.33.
About Oxford Industries
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.
Want to see what other hedge funds are holding OXM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Oxford Industries, Inc. (NYSE:OXM).
Receive News & Ratings for Oxford Industries Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Oxford Industries Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.