Jane Street Group LLC trimmed its position in Oxford Industries, Inc. (NYSE:OXM - Free Report) by 22.3% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 28,606 shares of the textile maker's stock after selling 8,206 shares during the period. Jane Street Group LLC owned 0.18% of Oxford Industries worth $2,254,000 as of its most recent filing with the SEC.
Other large investors also recently modified their holdings of the company. Quadrant Capital Group LLC lifted its stake in shares of 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 acquiring an additional 373 shares during the last quarter. Venturi Wealth Management LLC bought a new position in shares of Oxford Industries in the 4th quarter valued at $63,000. Blue Trust Inc. lifted its stake in shares of Oxford Industries by 27.6% in the 4th quarter. Blue Trust Inc. now owns 739 shares of the textile maker's stock valued at $64,000 after acquiring an additional 160 shares during the last quarter. Vestcor Inc bought a new position in shares of Oxford Industries in the 4th quarter valued at $100,000. Finally, Truvestments Capital LLC lifted its stake in shares of Oxford Industries by 15.6% in the 4th quarter. Truvestments Capital LLC now owns 2,411 shares of the textile maker's stock valued at $190,000 after acquiring an additional 326 shares during the last quarter. 91.16% of the stock is currently owned by institutional investors.
Insider Activity at Oxford Industries
In other news, Director Milford W. Mcguirt bought 1,000 shares of the company's stock in a transaction on Wednesday, April 2nd. The shares were purchased at an average price of $58.70 per share, with a total value of $58,700.00. Following the transaction, the director now directly owns 7,180 shares in the company, valued at $421,466. This represents a 16.18% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 5.70% of the stock is owned by insiders.
Oxford Industries Trading Down 2.2%
Oxford Industries stock traded down $1.25 during trading hours on Monday, reaching $55.85. 344,592 shares of the company's stock were exchanged, compared to its average volume of 376,811. The company has a quick ratio of 0.71, a current ratio of 1.42 and a debt-to-equity ratio of 0.09. The firm's 50 day simple moving average is $53.98 and its 200 day simple moving average is $69.35. Oxford Industries, Inc. has a twelve month low of $42.12 and a twelve month high of $111.44. The firm has a market capitalization of $830.21 million, a PE ratio of 62.75 and a beta of 1.43.
Oxford Industries (NYSE:OXM - Get Free Report) last issued its earnings results on Thursday, March 27th. The textile maker reported $1.37 EPS for the quarter, beating the consensus estimate of $1.28 by $0.09. The company had revenue of $390.51 million during the quarter, compared to the consensus estimate 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 for the quarter was down 3.4% compared to the same quarter last year. During the same period last year, the business posted $1.90 EPS. Research analysts predict that Oxford Industries, Inc. will post 6.62 earnings per share for the current year.
Oxford Industries Increases Dividend
The firm also recently declared a quarterly dividend, which was paid on Friday, May 2nd. Investors of record on Thursday, April 17th were given a $0.69 dividend. This is a boost from Oxford Industries's previous quarterly dividend of $0.67. The ex-dividend date was Thursday, April 17th. This represents a $2.76 annualized dividend and a yield of 4.94%. Oxford Industries's dividend payout ratio (DPR) is presently 47.02%.
Analysts Set New Price Targets
A number of analysts recently weighed in on the company. UBS Group decreased their price objective on Oxford Industries from $66.00 to $57.00 and set a "neutral" rating for the company in a report on Friday, March 28th. Telsey Advisory Group decreased their price objective on Oxford Industries from $64.00 to $52.00 and set a "market perform" rating for the company in a report on Wednesday, April 23rd. Citigroup decreased their price objective on Oxford Industries from $52.00 to $47.00 and set a "sell" rating for the company in a report on Monday, April 7th. Finally, KeyCorp restated a "sector weight" rating on shares of Oxford Industries in a report on Friday, March 28th.
Read Our Latest Analysis on Oxford Industries
Oxford Industries Profile
(
Free Report)
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.
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