8,400 Shares in Oxford Industries, Inc. (NYSE:OXM) Acquired by Hussman Strategic Advisors Inc.

Hussman Strategic Advisors Inc. bought a new stake in Oxford Industries, Inc. (NYSE:OXM - Free Report) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 8,400 shares of the textile maker's stock, valued at approximately $493,000. Hussman Strategic Advisors Inc. owned approximately 0.06% of Oxford Industries as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Illinois Municipal Retirement Fund raised its holdings in Oxford Industries by 3.4% during the first quarter. Illinois Municipal Retirement Fund now owns 8,036 shares of the textile maker's stock worth $471,000 after purchasing an additional 267 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of Oxford Industries by 3.4% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 8,430 shares of the textile maker's stock valued at $664,000 after buying an additional 280 shares during the period. 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 purchasing an additional 373 shares in the last quarter. MetLife Investment Management LLC increased its holdings in shares of Oxford Industries by 6.0% during the fourth quarter. MetLife Investment Management LLC now owns 9,028 shares of the textile maker's stock worth $711,000 after buying an additional 512 shares in the last quarter. Finally, Vident Advisory LLC grew its stake in shares of Oxford Industries by 9.0% during the fourth quarter. Vident Advisory LLC now owns 8,249 shares of the textile maker's stock valued at $650,000 after purchasing an additional 683 shares during the last quarter. Hedge funds and other institutional investors own 91.16% of the company's stock.

Oxford Industries Trading Down 3.1%

Shares of OXM traded down $1.34 during mid-day trading on Friday, reaching $41.81. The company's stock had a trading volume of 366,875 shares, compared to its average volume of 406,065. The stock has a market cap of $624.64 million, a PE ratio of 8.12 and a beta of 1.36. The company has a current ratio of 1.32, a quick ratio of 0.64 and a debt-to-equity ratio of 0.20. Oxford Industries, Inc. has a 52 week low of $36.99 and a 52 week high of $108.51. The company's fifty day moving average price is $48.14 and its two-hundred day moving average price is $59.30.

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

Oxford Industries Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 1st. Shareholders of record on Friday, July 18th will be issued a dividend of $0.69 per share. This represents a $2.76 dividend on an annualized basis and a yield of 6.60%. The ex-dividend date of this dividend is Friday, July 18th. Oxford Industries's dividend payout ratio (DPR) is currently 53.59%.

Insider Buying and Selling

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

Analyst Upgrades and Downgrades

OXM has been the topic of a number of recent analyst reports. Citigroup reduced their price target 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. Telsey Advisory Group reissued a "market perform" rating and issued a $52.00 price objective on shares of Oxford Industries in a research note on Thursday, June 12th. KeyCorp reissued a "sector weight" rating on shares of Oxford Industries in a research note on Friday, March 28th. Truist Financial dropped 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 note on Thursday, June 12th. Finally, UBS Group raised their price objective on shares of Oxford Industries from $54.00 to $56.00 and gave the stock a "neutral" rating in a report on Thursday, June 5th. One analyst has rated the stock with a sell rating and four have assigned a hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of $55.80.

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.