Vanguard Group Inc. Has $139.08 Million Stock Holdings in Oxford Industries, Inc. (NYSE:OXM)

Vanguard Group Inc. boosted its holdings in shares of Oxford Industries, Inc. (NYSE:OXM) by 0.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,765,391 shares of the textile maker’s stock after purchasing an additional 2,476 shares during the period. Vanguard Group Inc. owned about 0.11% of Oxford Industries worth $139,078,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Charles Schwab Investment Management Inc. raised its holdings in shares of Oxford Industries by 8.9% in the 4th 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 in the last quarter. State Street Corp grew its position in Oxford Industries by 1.3% in the third quarter. State Street Corp now owns 559,581 shares of the textile maker’s stock valued at $48,549,000 after acquiring an additional 7,336 shares during the period. Wellington Management Group LLP raised its stake in Oxford Industries by 22.7% during the third quarter. Wellington Management Group LLP now owns 553,382 shares of the textile maker’s stock worth $48,011,000 after acquiring an additional 102,525 shares in the last quarter. American Century Companies Inc. lifted its holdings in shares of Oxford Industries by 11.9% during the fourth quarter. American Century Companies Inc. now owns 479,534 shares of the textile maker’s stock valued at $37,778,000 after acquiring an additional 51,155 shares during the period. Finally, William Blair Investment Management LLC lifted its holdings in shares of Oxford Industries by 2.3% during the fourth quarter. William Blair Investment Management LLC now owns 367,623 shares of the textile maker’s stock valued at $28,961,000 after acquiring an additional 8,399 shares during the period. 91.16% of the stock is owned by institutional investors and hedge funds.

Oxford Industries Trading Down 7.1 %

Shares of NYSE OXM opened at $53.10 on Tuesday. Oxford Industries, Inc. has a 1-year low of $50.95 and a 1-year high of $111.46. The company has a 50-day moving average of $66.48 and a two-hundred day moving average of $75.44. The company has a market cap of $789.35 million, a PE ratio of 59.66 and a beta of 1.40. The company has a current ratio of 1.42, a quick ratio of 0.71 and a debt-to-equity ratio of 0.09.

Oxford Industries (NYSE:OXM) last posted its quarterly earnings data on Thursday, March 27th. The textile maker reported $1.37 earnings per share for the quarter, topping the consensus estimate of $1.28 by $0.09. The firm had revenue of $390.51 million during the quarter, compared to analysts’ expectations of $383.94 million. Oxford Industries had a net margin of 0.98% and a return on equity of 19.09%. Oxford Industries’s revenue was down 3.4% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.90 EPS. As a group, equities analysts expect that Oxford Industries, Inc. will post 6.62 earnings per share for the current fiscal year.

Oxford Industries Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 2nd. Investors of record on Thursday, April 17th will be given a $0.69 dividend. This represents a $2.76 dividend on an annualized basis and a yield of 5.20%. This is a positive change from Oxford Industries’s previous quarterly dividend of $0.67. The ex-dividend date is Thursday, April 17th. Oxford Industries’s dividend payout ratio (DPR) is presently 47.02%.

Insiders Place Their Bets

In other Oxford Industries news, SVP Tracey Hernandez sold 1,250 shares of Oxford Industries stock in a transaction on Tuesday, January 14th. The shares were sold at an average price of $86.92, for a total transaction of $108,650.00. Following the completion of the sale, the senior vice president now owns 1,681 shares of the company’s stock, valued at approximately $146,112.52. The trade was a 42.65 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Milford W. Mcguirt bought 1,000 shares of the company’s stock in a transaction on Wednesday, April 2nd. The shares were acquired at an average price of $58.70 per share, with a total value of $58,700.00. Following the transaction, the director now directly owns 7,180 shares in the company, valued at approximately $421,466. The trade was a 16.18 % increase in their position. The disclosure for this purchase can be found here. Company insiders own 5.70% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on the stock. KeyCorp reiterated a “sector weight” rating on shares of Oxford Industries in a research report on Friday, March 28th. Telsey Advisory Group dropped their price objective on shares of Oxford Industries from $86.00 to $68.00 and set a “market perform” rating for the company in a report on Monday, March 24th. Citigroup reduced their target price on Oxford Industries from $52.00 to $47.00 and set a “sell” rating on the stock in a report on Monday. Finally, UBS Group dropped their price target on Oxford Industries from $66.00 to $57.00 and set a “neutral” rating for the company in a report on Friday, March 28th.

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; 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.