2 weeks Ago By ABMN Staff
Maverick Capital Ltd. raised its position in shares of Oxford Industries, Inc. ( NYSE:OXM – Free Report ) by 673.
5% in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 62,642 shares of the textile maker’s stock after purchasing an additional 54,544 shares during the quarter. Maverick Capital Ltd.
owned about 0.40% of Oxford Industries worth $6,274,000 as of its most recent SEC filing. Other hedge funds also recently modified their holdings of the company.
Vanguard Group Inc. lifted its holdings in shares of Oxford Industries by 0.3% in the first quarter.
Vanguard Group Inc. now owns 1,767,543 shares of the textile maker’s stock valued at $198,672,000 after buying an additional 4,869 shares during the period. Pacer Advisors Inc.
acquired a new stake in Oxford Industries in the 2nd quarter valued at about $54,882,000. Victory Capital Management Inc. boosted its position in shares of Oxford Industries by 21.
7% during the 2nd quarter. Victory Capital Management Inc. now owns 496,092 shares of the textile maker’s stock valued at $49,684,000 after purchasing an additional 88,345 shares in the last quarter.
Wellington Management Group LLP grew its stake in shares of Oxford Industries by 7.9% in the 4th quarter. Wellington Management Group LLP now owns 403,340 shares of the textile maker’s stock worth $40,334,000 after purchasing an additional 29,493 shares during the last quarter.
Finally, William Blair Investment Management LLC raised its holdings in shares of Oxford Industries by 18.2% in the 1st quarter. William Blair Investment Management LLC now owns 371,168 shares of the textile maker’s stock worth $41,719,000 after purchasing an additional 57,117 shares in the last quarter.
91.16% of the stock is currently owned by institutional investors and hedge funds. Oxford Industries Stock Up 1.
6 % Shares of NYSE:OXM opened at $86.02 on Friday. The company’s fifty day moving average is $90.
19 and its two-hundred day moving average is $99.85. The company has a market cap of $1.
35 billion, a P/E ratio of 34.83 and a beta of 1.53.
Oxford Industries, Inc. has a 12-month low of $74.95 and a 12-month high of $113.
88. Oxford Industries Dividend Announcement The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 1st. Investors of record on Friday, October 18th will be given a dividend of $0.
67 per share. This represents a $2.68 dividend on an annualized basis and a yield of 3.
12%. The ex-dividend date is Friday, October 18th. Oxford Industries’s payout ratio is presently 108.
50%. Insider Buying and Selling at Oxford Industries In other Oxford Industries news, EVP Scott Grassmyer sold 1,495 shares of Oxford Industries stock in a transaction on Tuesday, September 24th. The shares were sold at an average price of $86.
77, for a total transaction of $129,721.15. Following the completion of the sale, the executive vice president now owns 31,428 shares of the company’s stock, valued at approximately $2,727,007.
56. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link . Company insiders own 5.
70% of the company’s stock. Wall Street Analysts Forecast Growth A number of brokerages recently weighed in on OXM. Citigroup reduced their target price on shares of Oxford Industries from $92.
00 to $65.00 and set a “sell” rating for the company in a report on Friday, September 13th. UBS Group reduced their price objective on Oxford Industries from $101.
00 to $91.00 and set a “neutral” rating for the company in a research note on Thursday, September 5th. Finally, Telsey Advisory Group cut their target price on Oxford Industries from $110.
00 to $86.00 and set a “market perform” rating on the stock in a research report on Thursday, September 12th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and one has assigned a buy rating to the stock.
Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $90.40. Read Our Latest Analysis on Oxford Industries Oxford Industries Profile ( Free Report ) 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. Further Reading Want to see what other hedge funds are holding OXM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Oxford Industries, Inc.
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