3 days Ago By ABMN Staff
TD Asset Management Inc cut its holdings in Oxford Industries, Inc. ( NYSE:OXM – Free Report ) by 30.0% in the 2nd quarter, according to its most recent 13F filing with the SEC.
The fund owned 4,900 shares of the textile maker’s stock after selling 2,100 shares during the period. TD Asset Management Inc’s holdings in Oxford Industries were worth $491,000 at the end of the most recent reporting period. Several other institutional investors also recently bought and sold shares of the business.
1620 Investment Advisors Inc. acquired a new stake in shares of Oxford Industries during the 2nd quarter worth $28,000. Quest Partners LLC acquired a new stake in shares of Oxford Industries during the 4th quarter worth $36,000.
Natixis acquired a new stake in shares of Oxford Industries during the 1st quarter worth $109,000. SG Americas Securities LLC acquired a new stake in shares of Oxford Industries during the 1st quarter worth $137,000. Finally, Central Pacific Bank Trust Division acquired a new stake in shares of Oxford Industries during the 1st quarter worth $140,000.
91.16% of the stock is currently owned by institutional investors and hedge funds. Analyst Ratings Changes A number of research firms have recently commented on OXM.
UBS Group dropped their price objective on Oxford Industries from $101.00 to $91.00 and set a “neutral” rating for the company in a report on Thursday, September 5th.
Telsey Advisory Group dropped their price objective on Oxford Industries from $110.00 to $86.00 and set a “market perform” rating for the company in a report on Thursday.
Finally, Citigroup decreased their price target on shares of Oxford Industries from $92.00 to $65.00 and set a “sell” rating for the company in a research report on Friday.
One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and one has issued a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $90.40.
Oxford Industries Stock Up 1.3 % Shares of Oxford Industries stock opened at $85.15 on Monday.
The company has a fifty day moving average price of $92.74 and a 200 day moving average price of $100.82.
The company has a current ratio of 1.32, a quick ratio of 0.68 and a debt-to-equity ratio of 0.
03. Oxford Industries, Inc. has a twelve month low of $74.
95 and a twelve month high of $113.88. The stock has a market cap of $1.
34 billion, a price-to-earnings ratio of 34.47 and a beta of 1.53.
Oxford Industries ( NYSE:OXM – Get Free Report ) last posted its quarterly earnings data on Wednesday, September 11th. The textile maker reported $2.77 earnings per share for the quarter, missing analysts’ consensus estimates of $3.
00 by ($0.23). The firm had revenue of $419.
89 million during the quarter, compared to analysts’ expectations of $438.16 million. Oxford Industries had a net margin of 1.
92% and a return on equity of 22.19%. The business’s quarterly revenue was down .
1% on a year-over-year basis. During the same period in the previous year, the company earned $3.45 earnings per share.
Equities research analysts forecast that Oxford Industries, Inc. will post 8.8 earnings per share for the current fiscal year.
Oxford Industries Dividend Announcement The business also recently announced a quarterly dividend, which will be paid on Friday, November 1st. Stockholders of record on Friday, October 18th will be paid a $0.67 dividend.
The ex-dividend date is Friday, October 18th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 3.
15%. Oxford Industries’s dividend payout ratio (DPR) is presently 108.50%.
About Oxford Industries ( 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. ( NYSE:OXM – Free Report ). Receive News & Ratings for Oxford Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Oxford Industries and related companies with MarketBeat.
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