Moody Aldrich Partners LLC Acquires Shares of 22,798 Oxford Industries, Inc. (NYSE:OXM)

Moody Aldrich Partners LLC bought a new position in Oxford Industries, Inc. (NYSE:OXM - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 22,798 shares of the textile maker's stock, valued at approximately $2,280,000. Moody Aldrich Partners LLC owned about 0.15% of Oxford Industries at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in the company. Precedent Wealth Partners LLC bought a new stake in shares of Oxford Industries in the fourth quarter worth about $236,000. Fort Washington Investment Advisors Inc. OH increased its stake in Oxford Industries by 19.0% during the fourth quarter. Fort Washington Investment Advisors Inc. OH now owns 188,933 shares of the textile maker's stock worth $18,893,000 after acquiring an additional 30,130 shares during the last quarter. Harbor Capital Advisors Inc. increased its stake in Oxford Industries by 49.7% during the fourth quarter. Harbor Capital Advisors Inc. now owns 4,386 shares of the textile maker's stock worth $439,000 after acquiring an additional 1,457 shares during the last quarter. Wellington Management Group LLP increased its stake in Oxford Industries by 717.9% during the third quarter. Wellington Management Group LLP now owns 373,847 shares of the textile maker's stock worth $35,938,000 after acquiring an additional 328,140 shares during the last quarter. Finally, American Century Companies Inc. increased its stake in Oxford Industries by 15.2% during the third quarter. American Century Companies Inc. now owns 200,637 shares of the textile maker's stock worth $19,287,000 after acquiring an additional 26,532 shares during the last quarter. 91.16% of the stock is owned by institutional investors.

Oxford Industries Trading Down 2.4 %

Shares of NYSE OXM traded down $2.63 during trading hours on Wednesday, reaching $107.42. The stock had a trading volume of 223,390 shares, compared to its average volume of 196,426. The company has a current ratio of 1.22, a quick ratio of 0.55 and a debt-to-equity ratio of 0.05. The firm has a market cap of $1.68 billion, a price-to-earnings ratio of 29.11 and a beta of 1.60. The business's fifty day moving average price is $103.31 and its two-hundred day moving average price is $97.39. Oxford Industries, Inc. has a 52-week low of $82.33 and a 52-week high of $113.88.

Oxford Industries (NYSE:OXM - Get Free Report) last announced its quarterly earnings results on Thursday, March 28th. The textile maker reported $1.90 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.92 by ($0.02). The firm had revenue of $404.43 million during the quarter, compared to analysts' expectations of $408.28 million. Oxford Industries had a net margin of 3.86% and a return on equity of 26.71%. The firm's revenue for the quarter was up 5.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.28 EPS. Analysts expect that Oxford Industries, Inc. will post 9.47 EPS for the current fiscal year.

Oxford Industries Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, May 3rd. Shareholders of record on Friday, April 19th will be issued a dividend of $0.67 per share. The ex-dividend date is Thursday, April 18th. This represents a $2.68 dividend on an annualized basis and a yield of 2.49%. This is a positive change from Oxford Industries's previous quarterly dividend of $0.65. Oxford Industries's dividend payout ratio is currently 70.46%.

Analyst Ratings Changes

Several research analysts have issued reports on the company. Telsey Advisory Group boosted their target price on Oxford Industries from $102.00 to $110.00 and gave the company a "market perform" rating in a research report on Monday, April 1st. Citigroup lowered Oxford Industries from a "neutral" rating to a "sell" rating and dropped their target price for the company from $98.00 to $94.00 in a research report on Monday, April 1st. Finally, UBS Group dropped their target price on Oxford Industries from $106.00 to $104.00 and set a "neutral" rating for the company in a research report on Monday, April 1st. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and one has assigned a buy rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $103.60.

Insiders Place Their Bets

In other Oxford Industries news, CEO Douglas B. Wood sold 33,587 shares of the company's stock in a transaction on Friday, April 5th. The stock was sold at an average price of $104.95, for a total transaction of $3,524,955.65. Following the completion of the sale, the chief executive officer now owns 12,394 shares in the company, valued at $1,300,750.30. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. 6.00% of the stock is owned by company insiders.

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; 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.