Dimensional Fund Advisors LP Purchases 103,253 Shares of Oxford Industries, Inc. (NYSE:OXM)

Dimensional Fund Advisors LP lifted its position in shares of Oxford Industries, Inc. (NYSE:OXM - Free Report) by 13.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 849,973 shares of the textile maker's stock after acquiring an additional 103,253 shares during the quarter. Dimensional Fund Advisors LP owned approximately 5.41% of Oxford Industries worth $66,958,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Barclays PLC raised its holdings in Oxford Industries by 74.0% in the 3rd quarter. Barclays PLC now owns 48,484 shares of the textile maker's stock valued at $4,208,000 after buying an additional 20,620 shares during the last quarter. Global Alpha Capital Management Ltd. acquired a new position in Oxford Industries in the 4th quarter valued at approximately $16,489,000. Charles Schwab Investment Management Inc. raised its stake in shares of Oxford Industries by 8.9% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 618,654 shares of the textile maker's stock valued at $48,738,000 after acquiring an additional 50,420 shares during the last quarter. Bank of New York Mellon Corp lifted its holdings in shares of Oxford Industries by 16.1% during the fourth quarter. Bank of New York Mellon Corp now owns 232,045 shares of the textile maker's stock worth $18,281,000 after purchasing an additional 32,224 shares during the period. Finally, Entropy Technologies LP bought a new stake in shares of Oxford Industries in the fourth quarter worth $376,000. Institutional investors own 91.16% of the company's stock.

Oxford Industries Stock Up 5.7 %

Shares of Oxford Industries stock traded up $2.85 during trading on Monday, reaching $52.83. 269,206 shares of the company traded hands, compared to its average volume of 365,220. The firm has a market capitalization of $785.24 million, a PE ratio of 59.36 and a beta of 1.40. Oxford Industries, Inc. has a 1-year low of $42.12 and a 1-year high of $111.46. The company has a 50 day moving average price of $55.14 and a 200-day moving average price of $70.77. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.42 and a quick ratio of 0.71.

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

Oxford Industries Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, May 2nd. Investors of record on Thursday, April 17th were issued a $0.69 dividend. This is a boost from Oxford Industries's previous quarterly dividend of $0.67. This represents a $2.76 dividend on an annualized basis and a dividend yield of 5.22%. The ex-dividend date was Thursday, April 17th. Oxford Industries's dividend payout ratio (DPR) is currently 47.02%.

Analysts Set New Price Targets

OXM has been the topic of a number of recent analyst reports. Telsey Advisory Group cut their price objective on Oxford Industries from $64.00 to $52.00 and set a "market perform" rating on the stock in a research note on Wednesday, April 23rd. Citigroup dropped their price target on shares of Oxford Industries from $52.00 to $47.00 and set a "sell" rating on the stock in a research report on Monday, April 7th. UBS Group cut their price target on shares of Oxford Industries from $66.00 to $57.00 and set a "neutral" rating on the stock in a research report on Friday, March 28th. Finally, KeyCorp reiterated a "sector weight" rating on shares of Oxford Industries in a report on Friday, March 28th.

Insider Activity at Oxford Industries

In related news, Director Milford W. Mcguirt bought 1,000 shares of the business's stock in a transaction that occurred on Wednesday, April 2nd. The shares were bought at an average price of $58.70 per share, with a total value of $58,700.00. Following the completion of the transaction, the director now directly owns 7,180 shares in the company, valued at approximately $421,466. This represents a 16.18 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 5.70% of the stock is currently owned by insiders.

Oxford Industries 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.