Shares of Oxford Industries Inc (NYSE:OXM) have been given an average recommendation of “Hold” by the eight ratings firms that are currently covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and three have given a buy recommendation to the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is $82.75.

OXM has been the subject of several recent analyst reports. Zacks Investment Research cut Oxford Industries from a “hold” rating to a “sell” rating in a research report on Wednesday, January 8th. KeyCorp reduced their target price on Oxford Industries from $90.00 to $86.00 and set an “overweight” rating for the company in a research report on Thursday, December 12th. Needham & Company LLC restated a “hold” rating on shares of Oxford Industries in a research report on Monday, December 9th. DA Davidson restated a “neutral” rating on shares of Oxford Industries in a research report on Monday, November 4th. Finally, B. Riley restated a “buy” rating and set a $87.00 target price on shares of Oxford Industries in a research report on Thursday, December 12th.

In other news, EVP Thomas E. Campbell sold 5,000 shares of the company’s stock in a transaction dated Monday, December 16th. The stock was sold at an average price of $76.75, for a total value of $383,750.00. Following the completion of the transaction, the executive vice president now directly owns 37,669 shares in the company, valued at approximately $2,891,095.75. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 3.10% of the stock is currently owned by corporate insiders.

Several institutional investors and hedge funds have recently bought and sold shares of OXM. BlackRock Inc. boosted its holdings in shares of Oxford Industries by 13.6% in the 2nd quarter. BlackRock Inc. now owns 2,835,463 shares of the textile maker’s stock worth $214,926,000 after purchasing an additional 339,482 shares in the last quarter. Victory Capital Management Inc. boosted its holdings in shares of Oxford Industries by 38.2% in the 2nd quarter. Victory Capital Management Inc. now owns 686,983 shares of the textile maker’s stock worth $52,073,000 after purchasing an additional 189,885 shares in the last quarter. Maverick Capital Ltd. lifted its stake in shares of Oxford Industries by 345.7% in the 3rd quarter. Maverick Capital Ltd. now owns 162,314 shares of the textile maker’s stock valued at $11,638,000 after acquiring an additional 125,894 shares during the last quarter. Marshall Wace LLP bought a new stake in shares of Oxford Industries in the 2nd quarter valued at about $8,619,000. Finally, Nuveen Asset Management LLC bought a new stake in shares of Oxford Industries in the 2nd quarter valued at about $5,405,000. Hedge funds and other institutional investors own 97.11% of the company’s stock.

Shares of NYSE OXM traded down $0.93 during mid-day trading on Tuesday, hitting $71.96. The company had a trading volume of 2,310 shares, compared to its average volume of 90,312. The company has a market capitalization of $1.25 billion, a price-to-earnings ratio of 17.41 and a beta of 0.45. Oxford Industries has a 1 year low of $63.73 and a 1 year high of $85.36. The company has a current ratio of 1.64, a quick ratio of 0.70 and a debt-to-equity ratio of 0.57. The stock’s 50-day moving average price is $75.16 and its 200-day moving average price is $71.67.

Oxford Industries (NYSE:OXM) last posted its earnings results on Wednesday, December 11th. The textile maker reported $0.10 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.08 by $0.02. Oxford Industries had a return on equity of 14.55% and a net margin of 6.22%. The business had revenue of $241.22 million during the quarter, compared to analysts’ expectations of $240.34 million. During the same period in the previous year, the business earned $0.14 earnings per share. The firm’s revenue was up 3.2% on a year-over-year basis. As a group, equities research analysts forecast that Oxford Industries will post 4.35 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 31st. Stockholders of record on Friday, January 17th will be issued a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a dividend yield of 2.06%. The ex-dividend date is Thursday, January 16th. Oxford Industries’s payout ratio is currently 34.26%.

Oxford Industries Company Profile

Oxford Industries, Inc, an apparel company, designs, sources, markets, and distributes products of company owned and licensed brands, and private labels apparel products 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 footwear and children's apparel under the Lilly Pulitzer brand; and men's shirts, pants, shorts, outerwear, ties, swimwear, footwear, and accessories, as well as women's products under the Southern Tide brand.

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Analyst Recommendations for Oxford Industries (NYSE:OXM)

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