Thrivent Financial for Lutherans Sells 633 Shares of Oxford Industries, Inc. (NYSE:OXM)

Thrivent Financial for Lutherans decreased its position in shares of Oxford Industries, Inc. (NYSE:OXM) by 5.2% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 11,571 shares of the textile maker’s stock after selling 633 shares during the quarter. Thrivent Financial for Lutherans’ holdings in Oxford Industries were worth $1,004,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of OXM. Louisiana State Employees Retirement System raised its stake in shares of Oxford Industries by 1.4% during the second quarter. Louisiana State Employees Retirement System now owns 7,400 shares of the textile maker’s stock worth $741,000 after buying an additional 100 shares during the last quarter. SummerHaven Investment Management LLC grew its holdings in Oxford Industries by 2.0% during the 2nd quarter. SummerHaven Investment Management LLC now owns 7,253 shares of the textile maker’s stock worth $726,000 after acquiring an additional 141 shares during the period. Mercer Global Advisors Inc. ADV raised its position in shares of Oxford Industries by 4.7% during the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 3,359 shares of the textile maker’s stock valued at $336,000 after acquiring an additional 150 shares during the last quarter. Creative Planning raised its position in shares of Oxford Industries by 6.0% during the 3rd quarter. Creative Planning now owns 3,885 shares of the textile maker’s stock valued at $337,000 after acquiring an additional 219 shares during the last quarter. Finally, SG Americas Securities LLC lifted its stake in shares of Oxford Industries by 5.8% in the 3rd quarter. SG Americas Securities LLC now owns 4,361 shares of the textile maker’s stock valued at $378,000 after purchasing an additional 240 shares during the period. 91.16% of the stock is currently owned by institutional investors.

Oxford Industries Stock Up 0.0 %

OXM opened at $83.18 on Tuesday. The stock has a market cap of $1.31 billion, a P/E ratio of 45.75 and a beta of 1.55. Oxford Industries, Inc. has a 12 month low of $72.24 and a 12 month high of $113.88. The company has a fifty day simple moving average of $78.38 and a 200 day simple moving average of $90.16.

Oxford Industries (NYSE:OXM) last announced its quarterly earnings results on Wednesday, September 11th. The textile maker reported $2.77 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.00 by ($0.23). The business had revenue of $419.89 million during the quarter, compared to the consensus estimate of $438.16 million. Oxford Industries had a return on equity of 21.93% and a net margin of 1.92%. The firm’s revenue was down .1% compared to the same quarter last year. During the same quarter last year, the company earned $3.45 earnings per share. On average, equities research analysts expect that Oxford Industries, Inc. will post 7.16 earnings per share for the current fiscal year.

Oxford Industries Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, November 1st. Shareholders of record on Friday, October 18th were issued a dividend of $0.67 per share. The ex-dividend date of this dividend was Friday, October 18th. This represents a $2.68 annualized dividend and a yield of 3.22%. Oxford Industries’s dividend payout ratio (DPR) is currently 147.25%.

Insider Buying and Selling at Oxford Industries

In other Oxford Industries news, EVP Scott Grassmyer sold 1,495 shares of the business’s stock in a transaction that occurred on Tuesday, September 24th. The stock was sold at an average price of $86.77, for a total value of $129,721.15. Following the sale, the executive vice president now owns 31,428 shares in the company, valued at approximately $2,727,007.56. The trade was a 4.54 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 5.70% of the company’s stock.

Wall Street Analyst Weigh In

OXM has been the subject of a number of analyst reports. Telsey Advisory Group decreased their price objective on Oxford Industries from $110.00 to $86.00 and set a “market perform” rating for the company in a research note on Thursday, September 12th. Citigroup decreased their target price on Oxford Industries from $92.00 to $65.00 and set a “sell” rating for the company in a research report on Friday, September 13th. Finally, UBS Group cut their price target on shares of Oxford Industries from $101.00 to $91.00 and set a “neutral” rating on the stock in a research report on Thursday, September 5th.

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.