Oxford Industries, Inc. (NYSE:OXM) Shares Bought by Barclays PLC

Barclays PLC raised its holdings in shares of Oxford Industries, Inc. (NYSE:OXM - Free Report) by 84.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 89,234 shares of the textile maker's stock after purchasing an additional 40,750 shares during the period. Barclays PLC owned 0.57% of Oxford Industries worth $7,029,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Sanctuary Advisors LLC increased its position in shares of Oxford Industries by 3.7% in the 4th quarter. Sanctuary Advisors LLC now owns 3,799 shares of the textile maker's stock valued at $328,000 after acquiring an additional 137 shares during the period. Blue Trust Inc. increased its position in shares of Oxford Industries by 27.6% in the 4th quarter. Blue Trust Inc. now owns 739 shares of the textile maker's stock valued at $64,000 after acquiring an additional 160 shares during the period. Truvestments Capital LLC increased its position in shares of Oxford Industries by 15.6% in the 4th quarter. Truvestments Capital LLC now owns 2,411 shares of the textile maker's stock valued at $190,000 after acquiring an additional 326 shares during the period. Inspire Investing LLC boosted its holdings in Oxford Industries by 7.2% in the fourth quarter. Inspire Investing LLC now owns 5,089 shares of the textile maker's stock valued at $401,000 after purchasing an additional 343 shares during the last quarter. Finally, Quadrant Capital Group LLC boosted its holdings in Oxford Industries by 981.6% in the fourth quarter. Quadrant Capital Group LLC now owns 411 shares of the textile maker's stock valued at $32,000 after purchasing an additional 373 shares during the last quarter. 91.16% of the stock is owned by institutional investors and hedge funds.

Oxford Industries Price Performance

Shares of OXM stock traded down $0.45 during mid-day trading on Wednesday, hitting $48.63. 440,715 shares of the stock were exchanged, compared to its average volume of 363,649. The firm has a fifty day moving average of $55.96 and a 200 day moving average of $71.27. The company has a quick ratio of 0.71, a current ratio of 1.42 and a debt-to-equity ratio of 0.09. Oxford Industries, Inc. has a 52-week low of $42.12 and a 52-week high of $111.46. The company has a market cap of $722.88 million, a PE ratio of 54.64 and a beta of 1.40.

Oxford Industries (NYSE:OXM - Get Free Report) last posted its earnings results on Thursday, March 27th. The textile maker reported $1.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.28 by $0.09. Oxford Industries had a net margin of 0.98% and a return on equity of 19.09%. The business had revenue of $390.51 million for the quarter, compared to analyst estimates of $383.94 million. During the same period in the prior year, the company posted $1.90 EPS. The company's revenue for the quarter was down 3.4% on a year-over-year basis. Research analysts anticipate that Oxford Industries, Inc. will post 6.62 earnings per share for the current year.

Oxford Industries Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, May 2nd. Shareholders of record on Thursday, April 17th will be issued a $0.69 dividend. This is a boost from Oxford Industries's previous quarterly dividend of $0.67. This represents a $2.76 annualized dividend and a yield of 5.68%. The ex-dividend date is Thursday, April 17th. Oxford Industries's dividend payout ratio is presently 47.02%.

Analysts Set New Price Targets

Several equities research analysts have commented on OXM shares. UBS Group lowered their price target on shares of Oxford Industries from $66.00 to $57.00 and set a "neutral" rating on the stock in a report on Friday, March 28th. KeyCorp reaffirmed a "sector weight" rating on shares of Oxford Industries in a report on Friday, March 28th. Citigroup lowered their price target on shares of Oxford Industries from $52.00 to $47.00 and set a "sell" rating on the stock in a report on Monday, April 7th. Finally, Telsey Advisory Group lowered their price target on shares of Oxford Industries from $64.00 to $52.00 and set a "market perform" rating on the stock in a report on Wednesday, April 23rd.

Insider Activity

In other news, Director Milford W. Mcguirt bought 1,000 shares of the firm's stock in a transaction that occurred on Wednesday, April 2nd. The shares were purchased at an average price of $58.70 per share, with a total value of $58,700.00. Following the purchase, the director now owns 7,180 shares in the company, valued at approximately $421,466. The trade was a 16.18 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Corporate insiders own 5.70% 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; and 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.