Oxford Industries, Inc. (NYSE:OXM) Shares Purchased by Victory Capital Management Inc.

Victory Capital Management Inc. increased its holdings in Oxford Industries, Inc. (NYSE:OXMFree Report) by 517.2% during the third quarter, HoldingsChannel.com reports. The fund owned 67,128 shares of the textile maker’s stock after buying an additional 56,251 shares during the period. Victory Capital Management Inc.’s holdings in Oxford Industries were worth $6,453,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of OXM. Steward Partners Investment Advisory LLC acquired a new position in Oxford Industries during the fourth quarter worth $25,000. Quarry LP lifted its holdings in shares of Oxford Industries by 602.0% during the 2nd quarter. Quarry LP now owns 358 shares of the textile maker’s stock worth $35,000 after acquiring an additional 307 shares during the period. Coppell Advisory Solutions Corp. acquired a new stake in shares of Oxford Industries in the fourth quarter worth approximately $35,000. First Horizon Advisors Inc. boosted its position in shares of Oxford Industries by 120.8% in the second quarter. First Horizon Advisors Inc. now owns 446 shares of the textile maker’s stock worth $44,000 after acquiring an additional 244 shares during the last quarter. Finally, UBS Group AG boosted its holdings in shares of Oxford Industries by 51.4% in the 3rd quarter. UBS Group AG now owns 501 shares of the textile maker’s stock valued at $45,000 after purchasing an additional 170 shares during the last quarter. 87.89% of the stock is currently owned by institutional investors and hedge funds.

Oxford Industries Trading Down 0.7 %

NYSE OXM opened at $94.53 on Thursday. Oxford Industries, Inc. has a 52 week low of $82.33 and a 52 week high of $121.11. The company has a current ratio of 1.37, a quick ratio of 0.63 and a debt-to-equity ratio of 0.11. The stock has a market cap of $1.48 billion, a P/E ratio of 9.91 and a beta of 1.59. The company’s fifty day simple moving average is $97.33 and its 200-day simple moving average is $96.56.

Oxford Industries (NYSE:OXMGet Free Report) last released its quarterly earnings results on Wednesday, December 6th. The textile maker reported $1.01 EPS for the quarter, topping the consensus estimate of $0.96 by $0.05. Oxford Industries had a return on equity of 27.89% and a net margin of 9.86%. The business had revenue of $326.60 million for the quarter, compared to analysts’ expectations of $325.54 million. During the same quarter in the previous year, the firm posted $1.46 earnings per share. The company’s revenue was up 4.3% compared to the same quarter last year. Equities research analysts predict that Oxford Industries, Inc. will post 10.18 EPS for the current fiscal year.

Oxford Industries Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, February 2nd. Investors of record on Friday, January 19th were issued a $0.65 dividend. The ex-dividend date was Thursday, January 18th. This represents a $2.60 annualized dividend and a yield of 2.75%. Oxford Industries’s dividend payout ratio is presently 27.25%.

Insider Activity at Oxford Industries

In related news, EVP Scott Grassmyer sold 1,500 shares of the stock in a transaction dated Tuesday, December 12th. The shares were sold at an average price of $95.79, for a total transaction of $143,685.00. Following the sale, the executive vice president now owns 32,132 shares in the company, valued at $3,077,924.28. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 6.00% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of brokerages have weighed in on OXM. B. Riley reiterated a “neutral” rating and issued a $90.00 price target on shares of Oxford Industries in a report on Monday, November 6th. StockNews.com lowered Oxford Industries from a “buy” rating to a “hold” rating in a research note on Monday, November 6th. BTIG Research started coverage on Oxford Industries in a research note on Tuesday, November 21st. They issued a “neutral” rating on the stock. KeyCorp reduced their price target on shares of Oxford Industries from $130.00 to $120.00 and set an “overweight” rating on the stock in a research report on Wednesday, October 25th. Finally, Telsey Advisory Group reduced their target price on shares of Oxford Industries from $107.00 to $102.00 and set a “market perform” rating on the stock in a report on Thursday, December 7th. Five analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average price target of $103.60.

Get Our Latest Stock Report on OXM

Oxford Industries Company 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; 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.

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Institutional Ownership by Quarter for Oxford Industries (NYSE:OXM)

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