Keybank National Association OH purchased a new stake in Oxford Industries Inc (NYSE:OXM) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 6,083 shares of the textile maker’s stock, valued at approximately $432,000.
Several other large investors have also bought and sold shares of OXM. Heartland Advisors Inc. bought a new stake in shares of Oxford Industries in the 3rd quarter valued at about $4,906,000. Deutsche Bank AG raised its holdings in shares of Oxford Industries by 74.9% in the 3rd quarter. Deutsche Bank AG now owns 120,439 shares of the textile maker’s stock valued at $10,862,000 after purchasing an additional 51,576 shares in the last quarter. AQR Capital Management LLC raised its holdings in shares of Oxford Industries by 159.6% in the 3rd quarter. AQR Capital Management LLC now owns 73,828 shares of the textile maker’s stock valued at $6,659,000 after purchasing an additional 45,386 shares in the last quarter. Renaissance Technologies LLC raised its holdings in shares of Oxford Industries by 199.5% in the 2nd quarter. Renaissance Technologies LLC now owns 60,500 shares of the textile maker’s stock valued at $5,020,000 after purchasing an additional 40,300 shares in the last quarter. Finally, BlackRock Inc. raised its holdings in shares of Oxford Industries by 1.2% in the 3rd quarter. BlackRock Inc. now owns 2,386,107 shares of the textile maker’s stock valued at $215,227,000 after purchasing an additional 28,825 shares in the last quarter. Institutional investors and hedge funds own 93.48% of the company’s stock.
Several research analysts recently commented on OXM shares. DA Davidson lowered shares of Oxford Industries from a “buy” rating to a “neutral” rating and set a $71.00 price objective for the company. in a research note on Thursday, December 13th. Telsey Advisory Group boosted their price objective on shares of Oxford Industries from $88.00 to $93.00 and gave the stock a “market perform” rating in a research note on Friday, November 2nd. Zacks Investment Research lowered shares of Oxford Industries from a “hold” rating to a “sell” rating in a research note on Saturday, December 15th. KeyCorp reduced their price objective on shares of Oxford Industries from $104.00 to $90.00 and set an “overweight” rating for the company in a research note on Thursday, December 13th. Finally, CL King started coverage on shares of Oxford Industries in a research note on Friday, December 28th. They set a “buy” rating and a $80.00 price objective for the company. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and five have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of $90.00.
NYSE OXM opened at $76.74 on Monday. The company has a debt-to-equity ratio of 0.07, a current ratio of 2.02 and a quick ratio of 0.91. The company has a market cap of $1.30 billion, a P/E ratio of 20.97, a PEG ratio of 1.63 and a beta of 0.31. Oxford Industries Inc has a 52 week low of $63.50 and a 52 week high of $97.19.
Oxford Industries (NYSE:OXM) last posted its quarterly earnings data on Wednesday, December 12th. The textile maker reported $0.14 EPS for the quarter, missing the consensus estimate of $0.17 by ($0.03). The firm had revenue of $233.70 million for the quarter, compared to the consensus estimate of $242.45 million. Oxford Industries had a return on equity of 15.56% and a net margin of 6.69%. The company’s revenue was down 1.0% compared to the same quarter last year. During the same quarter last year, the firm earned $0.17 EPS. Research analysts forecast that Oxford Industries Inc will post 4.3 earnings per share for the current fiscal year.
The company also recently disclosed a quarterly dividend, which was paid on Friday, February 1st. Investors of record on Friday, January 18th were paid a dividend of $0.34 per share. The ex-dividend date was Thursday, January 17th. This represents a $1.36 annualized dividend and a dividend yield of 1.77%. Oxford Industries’s dividend payout ratio (DPR) is presently 37.16%.
About Oxford Industries
Oxford Industries, Inc, an apparel company, designs, sources, markets, and distributes products of company owned and licensed brands, and private labels apparel products 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 footwear and children's apparel under the Lilly Pulitzer brand; and men's shirts, pants, shorts, outerwear, ties, swimwear, footwear, and accessories, as well as women's products under the Southern Tide brand.
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