Schonfeld Strategic Advisors LLC Invests $996,000 in Oxford Industries, Inc. (NYSE:OXM)

Schonfeld Strategic Advisors LLC purchased a new position in Oxford Industries, Inc. (NYSE:OXM - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 12,643 shares of the textile maker's stock, valued at approximately $996,000. Schonfeld Strategic Advisors LLC owned approximately 0.08% of Oxford Industries at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Barclays PLC lifted its stake in shares of Oxford Industries by 74.0% in the 3rd quarter. Barclays PLC now owns 48,484 shares of the textile maker's stock valued at $4,208,000 after purchasing an additional 20,620 shares during the last quarter. Global Alpha Capital Management Ltd. bought a new stake in Oxford Industries in the fourth quarter worth $16,489,000. Charles Schwab Investment Management Inc. boosted its stake in Oxford Industries by 8.9% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 618,654 shares of the textile maker's stock worth $48,738,000 after buying an additional 50,420 shares during the period. Bank of New York Mellon Corp boosted its stake in Oxford Industries by 16.1% during the fourth quarter. Bank of New York Mellon Corp now owns 232,045 shares of the textile maker's stock worth $18,281,000 after buying an additional 32,224 shares during the period. Finally, Entropy Technologies LP bought a new position in Oxford Industries during the fourth quarter valued at $376,000. Hedge funds and other institutional investors own 91.16% of the company's stock.

Oxford Industries Trading Down 0.2%

Oxford Industries stock traded down $0.12 during trading hours on Tuesday, hitting $58.12. The company had a trading volume of 52,466 shares, compared to its average volume of 371,624. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.71 and a current ratio of 1.42. The firm has a market cap of $863.95 million, a P/E ratio of 65.30 and a beta of 1.43. The company has a 50-day moving average price of $54.27 and a two-hundred day moving average price of $69.83. Oxford Industries, Inc. has a 1 year low of $42.12 and a 1 year high of $111.46.

Oxford Industries (NYSE:OXM - Get Free Report) last announced its quarterly earnings data on Thursday, March 27th. The textile maker reported $1.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.28 by $0.09. The company had revenue of $390.51 million for the quarter, compared to analysts' expectations of $383.94 million. Oxford Industries had a return on equity of 19.09% and a net margin of 0.98%. Oxford Industries's revenue was down 3.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.90 earnings per share. On average, sell-side analysts anticipate that Oxford Industries, Inc. will post 6.62 earnings per share for the current year.

Oxford Industries Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, May 2nd. Shareholders of record on Thursday, April 17th were issued a dividend of $0.69 per share. This represents a $2.76 annualized dividend and a yield of 4.75%. This is a boost from Oxford Industries's previous quarterly dividend of $0.67. The ex-dividend date of this dividend was Thursday, April 17th. Oxford Industries's dividend payout ratio is presently 47.02%.

Insider Buying and Selling at Oxford Industries

In related news, Director Milford W. Mcguirt bought 1,000 shares of the business's stock in a transaction on Wednesday, April 2nd. The shares were bought at an average price of $58.70 per share, for a total transaction of $58,700.00. Following the completion of the purchase, the director now directly owns 7,180 shares of the company's stock, valued at approximately $421,466. This trade represents a 16.18% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 5.70% of the company's stock.

Analyst Ratings Changes

A number of equities analysts recently commented on the stock. Citigroup dropped their price target on shares of Oxford Industries from $52.00 to $47.00 and set a "sell" rating for the company in a research note on Monday, April 7th. Telsey Advisory Group cut their target price on Oxford Industries from $64.00 to $52.00 and set a "market perform" rating on the stock in a research note on Wednesday, April 23rd. UBS Group decreased their price target on Oxford Industries from $66.00 to $57.00 and set a "neutral" rating for the company in a research note on Friday, March 28th. Finally, KeyCorp restated a "sector weight" rating on shares of Oxford Industries in a report on Friday, March 28th.

About Oxford Industries

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.