Oxford Industries, Inc. (NYSE:OXM) CEO Buys $260,780.00 in Stock

Oxford Industries, Inc. (NYSE:OXM - Get Free Report) CEO Thomas Caldecot Chubb III purchased 6,500 shares of Oxford Industries stock in a transaction on 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 transaction, the chief executive officer now directly owns 59,063 shares in the company, valued at $2,369,607.56. This trade represents a 12.37% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Oxford Industries Stock Performance

Shares of NYSE OXM traded up $1.64 during midday trading on Monday, hitting $41.14. 670,084 shares of the company's stock were exchanged, compared to its average volume of 386,006. 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 company's 50 day moving average price is $51.72 and its 200 day moving average price is $65.89. Oxford Industries, Inc. has a 12 month low of $38.77 and a 12 month high of $108.51. The firm has a market capitalization of $611.61 million, a PE ratio of 46.21 and a beta of 1.45.

Oxford Industries (NYSE:OXM - Get Free Report) last released its earnings results 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 return on equity of 19.09% and a net margin of 0.98%. The firm had revenue of $392.86 million for the quarter, compared to analysts' expectations of $383.54 million. During the same quarter in the previous year, the business posted $2.66 earnings per share. The business's revenue for the quarter was down 1.3% on a year-over-year basis. As a group, 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. Stockholders of record on Friday, July 18th will be given a dividend of $0.69 per share. The ex-dividend date is Friday, July 18th. This represents a $2.76 dividend on an annualized basis and a dividend yield of 6.71%. Oxford Industries's dividend payout ratio (DPR) is presently 53.59%.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the stock. Telsey Advisory Group reaffirmed a "market perform" rating and issued a $52.00 price target on shares of Oxford Industries in a research note on Thursday. KeyCorp reiterated a "sector weight" rating on shares of Oxford Industries in a research note on Friday, March 28th. Truist Financial reduced their price objective on Oxford Industries from $56.00 to $47.00 and set a "hold" rating for the company in a research report on Thursday. UBS Group raised their target price on Oxford Industries from $54.00 to $56.00 and gave the stock a "neutral" rating in a research report on Thursday, June 5th. Finally, Citigroup reduced their price objective on shares of Oxford Industries from $47.00 to $44.00 and set a "sell" rating for the company in a report on Thursday. One analyst has rated the stock with a sell rating and four have given a hold rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus price target of $55.80.

Hedge Funds Weigh In On Oxford Industries

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Inspire Investing LLC lifted its holdings in shares of Oxford Industries by 16.1% in the first quarter. Inspire Investing LLC now owns 5,907 shares of the textile maker's stock worth $347,000 after buying an additional 818 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in Oxford Industries by 22.9% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 29,906 shares of the textile maker's stock worth $1,755,000 after purchasing an additional 5,577 shares in the last quarter. Petrus Trust Company LTA bought a new position in Oxford Industries in the 1st quarter valued at $226,000. Millennium Management LLC grew its position in shares of Oxford Industries by 311.9% during the 1st quarter. Millennium Management LLC now owns 293,384 shares of the textile maker's stock valued at $17,213,000 after purchasing an additional 222,150 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Oxford Industries by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 8,817 shares of the textile maker's stock worth $517,000 after buying an additional 387 shares in the last quarter. Hedge funds and other institutional investors own 91.16% of the company's stock.

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.

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