Universal Beteiligungs und Servicegesellschaft mbH Invests $1.26 Million in Oxford Industries, Inc. (NYSE:OXM)

Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in Oxford Industries, Inc. (NYSE:OXM - Free Report) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 21,500 shares of the textile maker's stock, valued at approximately $1,261,000. Universal Beteiligungs und Servicegesellschaft mbH owned 0.14% of Oxford Industries at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Quadrant Capital Group LLC raised its position in Oxford Industries by 981.6% in the fourth quarter. Quadrant Capital Group LLC now owns 411 shares of the textile maker's stock worth $32,000 after acquiring an additional 373 shares during the period. Brevan Howard Capital Management LP bought a new position in Oxford Industries in the fourth quarter worth approximately $213,000. ProShare Advisors LLC raised its position in shares of Oxford Industries by 44.5% during the 4th quarter. ProShare Advisors LLC now owns 4,467 shares of the textile maker's stock valued at $352,000 after purchasing an additional 1,376 shares during the period. Bayesian Capital Management LP bought a new stake in shares of Oxford Industries during the 4th quarter valued at $409,000. Finally, KLP Kapitalforvaltning AS bought a new stake in shares of Oxford Industries during the 4th quarter valued at $473,000. 91.16% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Oxford Industries news, CEO Robert S. Trauber bought 10,000 shares of Oxford Industries stock in a transaction dated Wednesday, June 18th. The shares were purchased at an average cost of $41.38 per share, for a total transaction of $413,800.00. Following the acquisition, the chief executive officer directly owned 13,364 shares in the company, valued at approximately $553,002.32. This represents a 297.27% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through this link. Also, CEO Thomas Caldecot Chubb III bought 6,500 shares of Oxford Industries stock in a transaction dated Monday, June 16th. The stock was acquired at an average price of $40.12 per share, for a total transaction of $260,780.00. Following the completion of the acquisition, the chief executive officer owned 59,063 shares in the company, valued at approximately $2,369,607.56. The trade was a 12.37% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders own 6.00% of the company's stock.

Oxford Industries Price Performance

NYSE OXM traded down $1.21 on Friday, reaching $36.97. The company had a trading volume of 369,460 shares, compared to its average volume of 373,294. The company has a quick ratio of 0.64, a current ratio of 1.32 and a debt-to-equity ratio of 0.20. The stock has a market capitalization of $552.33 million, a PE ratio of 7.18 and a beta of 1.38. The firm's 50 day moving average price is $45.25 and its 200 day moving average price is $56.55. Oxford Industries, Inc. has a 12 month low of $36.25 and a 12 month high of $98.64.

Oxford Industries (NYSE:OXM - Get Free Report) last announced its quarterly earnings results on Wednesday, June 11th. The textile maker reported $1.82 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $1.82. The company had revenue of $392.86 million for the quarter, compared to the consensus estimate of $383.54 million. Oxford Industries had a net margin of 5.35% and a return on equity of 14.97%. Oxford Industries's revenue for the quarter was down 1.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.66 EPS. As a group, equities analysts predict that Oxford Industries, Inc. will post 6.62 earnings per share for the current year.

Oxford Industries Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, August 1st. Shareholders of record on Friday, July 18th will be issued a $0.69 dividend. This represents a $2.76 dividend on an annualized basis and a yield of 7.5%. The ex-dividend date is Friday, July 18th. Oxford Industries's payout ratio is currently 53.59%.

Wall Street Analyst Weigh In

Several brokerages have recently commented on OXM. UBS Group raised their price objective on shares of Oxford Industries from $54.00 to $56.00 and gave the company a "neutral" rating in a research report on Thursday, June 5th. Telsey Advisory Group restated a "market perform" rating and set a $52.00 price objective on shares of Oxford Industries in a research report on Thursday, June 12th. Citigroup decreased their price objective on shares of Oxford Industries from $47.00 to $44.00 and set a "sell" rating on the stock in a research report on Thursday, June 12th. Finally, Truist Financial decreased their price objective on shares of Oxford Industries from $56.00 to $47.00 and set a "hold" rating on the stock in a research report on Thursday, June 12th. One research analyst has rated the stock with a sell rating and four have issued a hold rating to the company's stock. According to MarketBeat.com, Oxford Industries currently has an average rating of "Hold" and a consensus target price of $55.80.

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.