Oxford Industries, Inc. (NYSE:OXM) Holdings Trimmed by Foster & Motley Inc.

Foster & Motley Inc. cut its holdings in Oxford Industries, Inc. (NYSE:OXM) by 12.8% during the 4th quarter, Holdings Channel.com reports. The fund owned 7,803 shares of the textile maker’s stock after selling 1,148 shares during the quarter. Foster & Motley Inc.’s holdings in Oxford Industries were worth $615,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Blue Trust Inc. grew its stake in shares of Oxford Industries by 27.6% in the 4th quarter. Blue Trust Inc. now owns 739 shares of the textile maker’s stock worth $64,000 after purchasing an additional 160 shares during the last quarter. Inspire Investing LLC grew its position in Oxford Industries by 7.2% in the fourth quarter. Inspire Investing LLC now owns 5,089 shares of the textile maker’s stock worth $401,000 after buying an additional 343 shares during the last quarter. Wedge Capital Management L L P NC increased its holdings in shares of Oxford Industries by 27.8% in the fourth quarter. Wedge Capital Management L L P NC now owns 27,146 shares of the textile maker’s stock valued at $2,139,000 after buying an additional 5,911 shares in the last quarter. Harbor Capital Advisors Inc. lifted its position in shares of Oxford Industries by 14.0% during the 4th quarter. Harbor Capital Advisors Inc. now owns 5,853 shares of the textile maker’s stock valued at $461,000 after acquiring an additional 721 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its stake in shares of Oxford Industries by 29.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 37,291 shares of the textile maker’s stock worth $3,235,000 after acquiring an additional 8,500 shares in the last quarter. 91.16% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, SVP Tracey Hernandez sold 1,250 shares of the firm’s stock in a transaction dated Tuesday, January 14th. The stock was 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 directly owns 1,681 shares of the company’s stock, valued at $146,112.52. This trade represents a 42.65 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 5.70% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on OXM shares. UBS Group cut their target price on Oxford Industries from $81.00 to $80.00 and set a “neutral” rating on the stock in a research report on Thursday, December 12th. Telsey Advisory Group restated a “market perform” rating and set a $86.00 price objective on shares of Oxford Industries in a report on Wednesday, December 4th.

Oxford Industries Price Performance

Shares of NYSE:OXM opened at $83.87 on Friday. The company’s fifty day moving average is $82.71 and its two-hundred day moving average is $84.14. The company has a market cap of $1.32 billion, a P/E ratio of 94.24 and a beta of 1.56. Oxford Industries, Inc. has a 12-month low of $72.24 and a 12-month high of $113.88. The company has a quick ratio of 0.71, a current ratio of 1.42 and a debt-to-equity ratio of 0.09.

Oxford Industries (NYSE:OXM) last posted its quarterly earnings results on Wednesday, December 11th. The textile maker reported ($0.11) earnings per share for the quarter, missing the consensus estimate of $0.09 by ($0.20). Oxford Industries had a net margin of 0.98% and a return on equity of 19.09%. The business had revenue of $308.00 million for the quarter, compared to analyst estimates of $316.84 million. During the same period in the previous year, the firm posted $1.01 earnings per share. The firm’s quarterly revenue was down 5.7% on a year-over-year basis. Equities analysts expect that Oxford Industries, Inc. will post 6.62 earnings per share for the current fiscal year.

Oxford Industries Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 31st. Investors of record on Friday, January 17th were given a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a yield of 3.20%. The ex-dividend date of this dividend was Friday, January 17th. Oxford Industries’s payout ratio is presently 301.12%.

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.