Oxford Industries, Inc. (NYSE:OXM) Shares Bought by Deutsche Bank AG

Deutsche Bank AG increased its holdings in Oxford Industries, Inc. (NYSE:OXM - Free Report) by 51.8% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 14,028 shares of the textile maker's stock after acquiring an additional 4,787 shares during the period. Deutsche Bank AG owned approximately 0.09% of Oxford Industries worth $1,105,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the business. Dimensional Fund Advisors LP boosted its stake in Oxford Industries by 13.8% during the fourth quarter. Dimensional Fund Advisors LP now owns 849,973 shares of the textile maker's stock worth $66,958,000 after buying an additional 103,253 shares during the period. Charles Schwab Investment Management Inc. raised its position in Oxford Industries by 8.9% in 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 purchasing an additional 50,420 shares during the period. Wellington Management Group LLP lifted its stake in Oxford Industries by 4.9% during the fourth quarter. Wellington Management Group LLP now owns 580,580 shares of the textile maker's stock worth $45,738,000 after purchasing an additional 27,198 shares in the last quarter. American Century Companies Inc. lifted its stake in Oxford Industries by 11.9% during the fourth quarter. American Century Companies Inc. now owns 479,534 shares of the textile maker's stock worth $37,778,000 after purchasing an additional 51,155 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership grew its stake 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 in the last quarter. Institutional investors and hedge funds own 91.16% of the company's stock.

Oxford Industries Stock Down 1.1%

NYSE OXM traded down $0.62 during trading on Friday, reaching $53.64. 37,456 shares of the company's stock were exchanged, compared to its average volume of 376,314. The company has a 50 day moving average price of $53.08 and a two-hundred day moving average price of $68.09. The stock has a market cap of $797.42 million, a P/E ratio of 60.23 and a beta of 1.43. Oxford Industries, Inc. has a 1 year low of $42.12 and a 1 year high of $111.44. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.71 and a current ratio of 1.42.

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 for the quarter, topping the consensus estimate of $1.28 by $0.09. The firm had revenue of $390.51 million during the quarter, compared to analysts' expectations of $383.94 million. Oxford Industries had a return on equity of 19.09% and a net margin of 0.98%. The firm's revenue was down 3.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.90 earnings per share. On average, equities research analysts anticipate that Oxford Industries, Inc. will post 6.62 EPS 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 given a $0.69 dividend. The ex-dividend date was Thursday, April 17th. 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 5.15%. Oxford Industries's dividend payout ratio is 47.02%.

Insider Buying and Selling

In other Oxford Industries news, Director Milford W. Mcguirt acquired 1,000 shares of the business's stock in a transaction on Wednesday, April 2nd. The stock was purchased at an average price of $58.70 per share, for a total transaction of $58,700.00. Following the completion of the transaction, the director now owns 7,180 shares of the company's stock, valued at $421,466. The trade was a 16.18% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 6.00% of the stock is currently owned by company insiders.

Analyst Ratings Changes

OXM has been the subject of several research reports. UBS Group dropped their target price 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. Citigroup decreased their target price on Oxford Industries from $52.00 to $47.00 and set a "sell" rating for the company in a report on Monday, April 7th. Telsey Advisory Group cut their price target on Oxford Industries from $64.00 to $52.00 and set a "market perform" rating on the stock in a report on Wednesday, April 23rd. Truist Financial began coverage on Oxford Industries in a research note on Wednesday. They issued a "hold" rating and a $56.00 price objective for the company. Finally, KeyCorp restated a "sector weight" rating on shares of Oxford Industries in a research note on Friday, March 28th. One investment analyst has rated the stock with a sell rating and four have assigned a hold rating to the company's stock. According to data from MarketBeat, Oxford Industries has an average rating of "Hold" and a consensus price target of $58.40.

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.