Oxford Industries, Inc. (NYSE:OXM) EVP Thomas E. Campbell Sells 17,540 Shares

Oxford Industries, Inc. (NYSE:OXM) EVP Thomas E. Campbell sold 17,540 shares of the business’s stock in a transaction on Friday, June 14th. The stock was sold at an average price of $99.91, for a total value of $1,752,421.40. Following the sale, the executive vice president now owns 24,865 shares in the company, valued at $2,484,262.15. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Oxford Industries Stock Performance

NYSE OXM opened at $100.70 on Wednesday. Oxford Industries, Inc. has a fifty-two week low of $82.33 and a fifty-two week high of $113.88. The stock has a market cap of $1.58 billion, a price-to-earnings ratio of 40.77 and a beta of 1.55. The business has a fifty day moving average of $106.12 and a 200-day moving average of $102.48. The company has a quick ratio of 0.68, a current ratio of 1.32 and a debt-to-equity ratio of 0.03.

Oxford Industries (NYSE:OXM) last released its quarterly earnings results on Wednesday, June 12th. The textile maker reported $2.66 earnings per share for the quarter, missing analysts’ consensus estimates of $2.70 by ($0.04). Oxford Industries had a return on equity of 23.78% and a net margin of 2.62%. The company had revenue of $398.18 million during the quarter, compared to analyst estimates of $404.81 million. During the same period last year, the firm earned $3.78 earnings per share. The business’s revenue was down 5.2% compared to the same quarter last year. As a group, analysts predict that Oxford Industries, Inc. will post 8.8 earnings per share for the current fiscal year.

Oxford Industries Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, August 2nd. Stockholders of record on Friday, July 19th will be issued a $0.67 dividend. The ex-dividend date is Friday, July 19th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 2.66%. Oxford Industries’s dividend payout ratio (DPR) is 108.50%.

Wall Street Analysts Forecast Growth

A number of research firms have commented on OXM. UBS Group decreased their target price on Oxford Industries from $106.00 to $104.00 and set a “neutral” rating on the stock in a research report on Monday, April 1st. Telsey Advisory Group reiterated a “market perform” rating and set a $110.00 target price on shares of Oxford Industries in a research report on Thursday, June 13th. Finally, Citigroup decreased their target price on Oxford Industries from $94.00 to $92.00 and set a “sell” rating on the stock in a research report on Thursday, June 13th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat, Oxford Industries has a consensus rating of “Hold” and a consensus price target of $103.20.

Hedge Funds Weigh In On Oxford Industries

A number of institutional investors have recently made changes to their positions in the stock. SummerHaven Investment Management LLC increased its stake in Oxford Industries by 1.6% in the fourth quarter. SummerHaven Investment Management LLC now owns 7,016 shares of the textile maker’s stock valued at $702,000 after purchasing an additional 109 shares during the last quarter. Texas Permanent School Fund Corp increased its stake in Oxford Industries by 1.3% in the first quarter. Texas Permanent School Fund Corp now owns 12,854 shares of the textile maker’s stock valued at $1,445,000 after purchasing an additional 170 shares during the last quarter. Swiss National Bank increased its stake in Oxford Industries by 0.6% in the third quarter. Swiss National Bank now owns 34,600 shares of the textile maker’s stock valued at $3,326,000 after purchasing an additional 200 shares during the last quarter. Janney Montgomery Scott LLC increased its stake in Oxford Industries by 5.5% in the third quarter. Janney Montgomery Scott LLC now owns 3,986 shares of the textile maker’s stock valued at $383,000 after purchasing an additional 207 shares during the last quarter. Finally, ProShare Advisors LLC increased its stake in Oxford Industries by 7.4% in the first quarter. ProShare Advisors LLC now owns 3,012 shares of the textile maker’s stock valued at $339,000 after purchasing an additional 207 shares during the last quarter. 91.16% of the stock is owned by institutional investors and hedge funds.

Oxford Industries Company 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.