Envestnet Asset Management Inc. Has $6.76 Million Holdings in Oxford Industries, Inc. (NYSE:OXM)

Envestnet Asset Management Inc. raised its holdings in Oxford Industries, Inc. (NYSE:OXM - Free Report) by 27.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 85,772 shares of the textile maker's stock after acquiring an additional 18,653 shares during the quarter. Envestnet Asset Management Inc. owned about 0.55% of Oxford Industries worth $6,757,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of OXM. Charles Schwab Investment Management Inc. raised its stake in Oxford Industries by 8.9% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 618,654 shares of the textile maker's stock worth $48,738,000 after buying an additional 50,420 shares during the period. Wellington Management Group LLP raised its holdings in Oxford Industries by 4.9% during the 4th quarter. Wellington Management Group LLP now owns 580,580 shares of the textile maker's stock worth $45,738,000 after buying an additional 27,198 shares during the period. American Century Companies Inc. lifted its stake in Oxford Industries by 11.9% in the fourth quarter. American Century Companies Inc. now owns 479,534 shares of the textile maker's stock valued at $37,778,000 after buying an additional 51,155 shares in the last quarter. Arrowstreet Capital Limited Partnership boosted its holdings in shares of Oxford Industries by 13.3% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 459,328 shares of the textile maker's stock valued at $36,186,000 after buying an additional 54,045 shares during the period. Finally, William Blair Investment Management LLC boosted its holdings in shares of Oxford Industries by 2.3% in the fourth quarter. William Blair Investment Management LLC now owns 367,623 shares of the textile maker's stock valued at $28,961,000 after buying an additional 8,399 shares during the period. Institutional investors and hedge funds own 91.16% of the company's stock.

Insider Transactions at Oxford Industries

In other Oxford Industries news, Director Milford W. Mcguirt purchased 1,000 shares of the business's stock in a transaction on Wednesday, April 2nd. The stock was acquired at an average price of $58.70 per share, with a total value of $58,700.00. Following the acquisition, the director now directly owns 7,180 shares of the company's stock, valued at $421,466. This trade represents a 16.18 % increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. 5.70% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

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

Oxford Industries Stock Down 2.4 %

OXM traded down $1.23 on Friday, hitting $50.12. 83,691 shares of the company were exchanged, compared to its average volume of 359,292. The stock's fifty day moving average is $57.72 and its 200-day moving average is $71.96. Oxford Industries, Inc. has a 12 month low of $42.12 and a 12 month high of $111.46. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.71 and a current ratio of 1.42. The company has a market cap of $744.96 million, a PE ratio of 56.31 and a beta of 1.40.

Oxford Industries (NYSE:OXM - Get Free Report) last posted its quarterly 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 firm 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 firm posted $1.90 earnings per share. The company's quarterly revenue was down 3.4% compared to the same quarter last year. Equities research analysts predict that Oxford Industries, Inc. will post 6.62 EPS for the current fiscal year.

Oxford Industries Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 2nd. Stockholders of record on Thursday, April 17th will be given a $0.69 dividend. This represents a $2.76 dividend on an annualized basis and a dividend yield of 5.51%. This is a boost from Oxford Industries's previous quarterly dividend of $0.67. The ex-dividend date is Thursday, April 17th. Oxford Industries's dividend payout ratio (DPR) is presently 47.02%.

About Oxford Industries

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.