Vanguard Group Inc. Has $170.20 Million Holdings in Oxford Industries, Inc. (NYSE:OXM)

Vanguard Group Inc. trimmed its holdings in Oxford Industries, Inc. (NYSE:OXM - Free Report) by 1.0% in the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 1,770,485 shares of the textile maker's stock after selling 18,105 shares during the period. Vanguard Group Inc. owned approximately 11.33% of Oxford Industries worth $170,197,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of OXM. Steward Partners Investment Advisory LLC purchased a new position in Oxford Industries in the fourth quarter valued at $25,000. Quarry LP increased its position in shares of Oxford Industries by 602.0% during the second quarter. Quarry LP now owns 358 shares of the textile maker's stock worth $35,000 after purchasing an additional 307 shares in the last quarter. Coppell Advisory Solutions Corp. acquired a new stake in shares of Oxford Industries during the fourth quarter worth about $35,000. Milestone Investment Advisors LLC acquired a new stake in shares of Oxford Industries during the third quarter worth about $38,000. Finally, UBS Group AG increased its position in shares of Oxford Industries by 51.4% during the third quarter. UBS Group AG now owns 501 shares of the textile maker's stock worth $45,000 after purchasing an additional 170 shares in the last quarter. 91.16% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the company. Citigroup cut Oxford Industries from a "neutral" rating to a "sell" rating and cut their target price for the stock from $98.00 to $94.00 in a research report on Monday. Telsey Advisory Group raised their price target on Oxford Industries from $102.00 to $110.00 and gave the stock a "market perform" rating in a report on Monday. Finally, UBS Group lowered their price target on Oxford Industries from $106.00 to $104.00 and set a "neutral" rating on the stock in a report on Monday. One analyst has rated the stock with a sell rating, five have assigned a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat.com, Oxford Industries presently has an average rating of "Hold" and an average price target of $103.60.

Oxford Industries Stock Performance

OXM traded down $4.10 during trading on Monday, reaching $108.30. The company's stock had a trading volume of 835,101 shares, compared to its average volume of 184,924. Oxford Industries, Inc. has a 52-week low of $82.33 and a 52-week high of $113.88. The company's fifty day moving average price is $101.91 and its 200-day moving average price is $96.90. The company has a market capitalization of $1.69 billion, a price-to-earnings ratio of 29.35 and a beta of 1.60. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.63 and a current ratio of 1.37.

Oxford Industries (NYSE:OXM - Get Free Report) last announced its quarterly earnings data on Thursday, March 28th. The textile maker reported $1.90 earnings per share for the quarter, missing analysts' consensus estimates of $1.92 by ($0.02). Oxford Industries had a net margin of 3.86% and a return on equity of 26.08%. The business had revenue of $404.43 million during the quarter, compared to analysts' expectations of $408.28 million. During the same period in the prior year, the firm posted $2.28 EPS. Oxford Industries's revenue for the quarter was up 5.7% compared to the same quarter last year. On average, equities analysts forecast that Oxford Industries, Inc. will post 10.28 earnings per share for the current fiscal year.

Oxford Industries Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 3rd. Shareholders of record on Friday, April 19th will be issued a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a yield of 2.47%. The ex-dividend date is Thursday, April 18th. This is a positive change from Oxford Industries's previous quarterly dividend of $0.65. Oxford Industries's payout ratio is currently 70.46%.

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; 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; and men, women, and kids products under the Southern Tide brand.