2,947 Shares in Oxford Industries, Inc. (NYSE:OXM) Bought by AlphaQuest LLC

AlphaQuest LLC purchased a new stake in Oxford Industries, Inc. (NYSE:OXM) during the fourth quarter, HoldingsChannel.com reports. The fund purchased 2,947 shares of the textile maker’s stock, valued at approximately $232,000.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Sanctuary Advisors LLC raised its holdings in Oxford Industries by 3.7% during the fourth quarter. Sanctuary Advisors LLC now owns 3,799 shares of the textile maker’s stock worth $328,000 after purchasing an additional 137 shares in the last quarter. Blue Trust Inc. boosted its stake in Oxford Industries by 27.6% in the fourth quarter. Blue Trust Inc. now owns 739 shares of the textile maker’s stock valued at $64,000 after acquiring an additional 160 shares in the last quarter. Inspire Investing LLC grew its holdings in shares of Oxford Industries by 7.2% during the fourth quarter. Inspire Investing LLC now owns 5,089 shares of the textile maker’s stock worth $401,000 after purchasing an additional 343 shares during the last quarter. Franklin Resources Inc. increased its position in shares of Oxford Industries by 7.4% during the third quarter. Franklin Resources Inc. now owns 7,688 shares of the textile maker’s stock worth $667,000 after purchasing an additional 527 shares in the last quarter. Finally, Harbor Capital Advisors Inc. lifted its holdings in shares of Oxford Industries by 14.0% in the 4th quarter. Harbor Capital Advisors Inc. now owns 5,853 shares of the textile maker’s stock valued at $461,000 after purchasing an additional 721 shares during the last quarter. 91.16% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Oxford Industries

In related news, SVP Tracey Hernandez sold 1,250 shares of Oxford Industries stock in a transaction that occurred on 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 transaction, the senior vice president now directly owns 1,681 shares in the company, valued at $146,112.52. The trade was a 42.65 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 5.70% of the company’s stock.

Analysts Set New Price Targets

OXM has been the subject of several research analyst reports. UBS Group decreased their price objective on Oxford Industries from $81.00 to $80.00 and set a “neutral” rating for the company in a report on Thursday, December 12th. Telsey Advisory Group restated a “market perform” rating and issued a $86.00 target price on shares of Oxford Industries in a research note on Wednesday, December 4th.

Oxford Industries Trading Up 2.8 %

NYSE:OXM opened at $56.77 on Friday. 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 stock has a fifty day moving average price of $74.66 and a two-hundred day moving average price of $78.34. Oxford Industries, Inc. has a 1 year low of $54.02 and a 1 year high of $113.88. The stock has a market capitalization of $891.35 million, a price-to-earnings ratio of 63.79 and a beta of 1.61.

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

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.