Thomas Caldecot Chubb III Purchases 318 Shares of Oxford Industries, Inc. (NYSE:OXM) Stock

Key Points

• CEO Thomas Caldecot Chubb III of Oxford Industries, Inc. acquired 318 shares at an average cost of $38.19 per share, increasing his ownership to a total of 94,031 shares.
• Oxford Industries reported $1.82 earnings per share for the last quarter, meeting analysts' expectations, with a net margin of 5.35% despite a year-over-year revenue decline of 1.3%.
• The company declared a quarterly dividend of $0.69 per share, reflecting an annualized yield of 7.2% and a payout ratio of 53.59%.

Oxford Industries, Inc. (NYSE:OXM - Get Free Report) CEO Thomas Caldecot Chubb III acquired 318 shares of the business's stock in a transaction on Friday, August 1st. The stock was acquired at an average cost of $38.19 per share, for a total transaction of $12,144.42. Following the transaction, the chief executive officer directly owned 94,031 shares in the company, valued at $3,591,043.89. The trade was a 0.34% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Thomas Caldecot Chubb III also recently made the following trade(s):

• On Monday, June 16th, Thomas Caldecot Chubb III bought 6,500 shares of Oxford Industries stock. The stock was bought at an average price of $40.12 per share, for a total transaction of $260,780.00.

Oxford Industries Price Performance

Shares of OXM stock traded down $0.08 during trading hours on Friday, reaching $38.66. The company had a trading volume of 67,128 shares, compared to its average volume of 439,705. Oxford Industries, Inc. has a 12-month low of $36.25 and a 12-month high of $93.75. The company has a market capitalization of $577.34 million, a price-to-earnings ratio of 7.50 and a beta of 1.38. The stock has a fifty day moving average of $44.00 and a 200-day moving average of $55.24. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.64 and a current ratio of 1.32.

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 for the quarter, hitting the consensus estimate of $1.82. Oxford Industries had a return on equity of 14.97% and a net margin of 5.35%. The company had revenue of $392.86 million during the quarter, compared to analyst estimates of $383.54 million. During the same period in the prior year, the business posted $2.66 earnings per share. The firm's revenue for the quarter was down 1.3% compared to the same quarter last year. On average, equities analysts anticipate that Oxford Industries, Inc. will post 6.62 earnings per share for the current year.

Oxford Industries Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, August 1st. Shareholders of record on Friday, July 18th were paid a $0.69 dividend. The ex-dividend date was Friday, July 18th. This represents a $2.76 dividend on an annualized basis and a yield of 7.1%. Oxford Industries's dividend payout ratio (DPR) is currently 53.59%.

Analysts Set New Price Targets

A number of equities research analysts have commented on OXM shares. Citigroup decreased their price target on Oxford Industries from $47.00 to $44.00 and set a "sell" rating for the company in a research note on Thursday, June 12th. Telsey Advisory Group reiterated a "market perform" rating and set a $52.00 price objective on shares of Oxford Industries in a research note on Thursday, June 12th. Truist Financial dropped their price target 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. Finally, UBS Group increased their target price on Oxford Industries from $54.00 to $56.00 and gave the company a "neutral" rating in a research report on Thursday, June 5th. One equities research analyst has rated the stock with a sell rating and four have issued a hold rating to the stock. According to data from MarketBeat, Oxford Industries presently has a consensus rating of "Hold" and a consensus price target of $55.80.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in OXM. Quadrant Capital Group LLC increased its stake in Oxford Industries by 981.6% in the 4th quarter. Quadrant Capital Group LLC now owns 411 shares of the textile maker's stock valued at $32,000 after buying an additional 373 shares during the period. Caitong International Asset Management Co. Ltd acquired a new stake in Oxford Industries in the second quarter valued at about $34,000. Blue Trust Inc. boosted its holdings in Oxford Industries by 124.8% in the 2nd quarter. Blue Trust Inc. now owns 1,448 shares of the textile maker's stock valued at $58,000 after purchasing an additional 804 shares in the last quarter. GAMMA Investing LLC increased its position in Oxford Industries by 406.0% during the 2nd quarter. GAMMA Investing LLC now owns 2,095 shares of the textile maker's stock worth $84,000 after purchasing an additional 1,681 shares during the period. Finally, PNC Financial Services Group Inc. raised its stake in shares of Oxford Industries by 9.0% during the 2nd quarter. PNC Financial Services Group Inc. now owns 3,628 shares of the textile maker's stock worth $146,000 after buying an additional 300 shares in the last quarter. 91.16% of the stock is owned by institutional investors and hedge funds.

Oxford Industries Company 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.