1 week Ago By Defense World Staff
Sei Investments Co. grew its holdings in Oxford Industries, Inc. ( NYSE:OXM – Free Report ) by 15.
9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 14,368 shares of the textile maker’s stock after purchasing an additional 1,969 shares during the period. Sei Investments Co.
owned about 0.09% of Oxford Industries worth $1,132,000 as of its most recent filing with the Securities & Exchange Commission. Several other institutional investors and hedge funds have also made changes to their positions in the business.
Venturi Wealth Management LLC purchased a new position in Oxford Industries during the 4th quarter worth $63,000. Blue Trust Inc. boosted its holdings in Oxford Industries by 27.
6% in the fourth quarter. Blue Trust Inc. now owns 739 shares of the textile maker’s stock worth $64,000 after acquiring an additional 160 shares in the last quarter.
Vestcor Inc purchased a new stake in Oxford Industries during the 4th quarter worth approximately $100,000. Truvestments Capital LLC grew its holdings in shares of Oxford Industries by 15.6% during the fourth quarter.
Truvestments Capital LLC now owns 2,411 shares of the textile maker’s stock valued at $190,000 after buying an additional 326 shares during the last quarter. Finally, M&T Bank Corp acquired a new position in shares of Oxford Industries in the third quarter valued at about $206,000. 91.
16% of the stock is currently owned by institutional investors. Analysts Set New Price Targets OXM has been the topic of several recent research reports. Telsey Advisory Group lowered their price target on shares of Oxford Industries from $86.
00 to $68.00 and set a “market perform” rating on the stock in a report on Monday, March 24th. UBS Group cut their price objective on shares of Oxford Industries from $66.
00 to $57.00 and set a “neutral” rating for the company in a report on Friday, March 28th. KeyCorp restated a “sector weight” rating on shares of Oxford Industries in a research report on Friday, March 28th.
Finally, Citigroup lowered their price target on Oxford Industries from $52.00 to $47.00 and set a “sell” rating on the stock in a research report on Monday.
Insiders Place Their Bets In other Oxford Industries news, Director Milford W. Mcguirt acquired 1,000 shares of the stock in a transaction that occurred on Wednesday, April 2nd. The stock was bought at an average cost of $58.
70 per share, for a total transaction of $58,700.00. Following the completion of the transaction, the director now owns 7,180 shares of the company’s stock, valued at approximately $421,466.
The trade was a 16.18 % increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link .
Also, SVP Tracey Hernandez sold 1,250 shares of Oxford Industries stock in a transaction on Tuesday, January 14th. The shares were sold at an average price of $86.92, for a total value of $108,650.
00. Following the completion of the sale, the senior vice president now owns 1,681 shares in the company, valued at $146,112.52.
This represents a 42.65 % decrease in their position. The disclosure for this sale can be found here .
5.70% of the stock is currently owned by corporate insiders. Oxford Industries Stock Performance Shares of NYSE:OXM opened at $53.
10 on Tuesday. The business’s 50 day moving average price is $66.48 and its 200-day moving average price is $75.
44. Oxford Industries, Inc. has a 1 year low of $50.
95 and a 1 year high of $111.46. The company has a debt-to-equity ratio of 0.
09, a current ratio of 1.42 and a quick ratio of 0.71.
The firm has a market capitalization of $789.35 million, a PE ratio of 59.66 and a beta of 1.
40. Oxford Industries ( NYSE:OXM – Get Free Report ) last posted its quarterly earnings results on Thursday, March 27th. The textile maker reported $1.
37 earnings per share for the quarter, topping the consensus estimate of $1.28 by $0.09.
The firm had revenue of $390.51 million for the quarter, compared to the consensus estimate of $383.94 million.
Oxford Industries had a net margin of 0.98% and a return on equity of 19.09%.
The company’s revenue for the quarter was down 3.4% on a year-over-year basis. During the same period last year, the firm posted $1.
90 earnings per share. As a group, equities research analysts expect that Oxford Industries, Inc. will post 6.
62 earnings per share for the current fiscal year. Oxford Industries Increases Dividend The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 2nd. Investors of record on Thursday, April 17th will be given a dividend of $0.
69 per share. This is an increase from Oxford Industries’s previous quarterly dividend of $0.67.
The ex-dividend date is Thursday, April 17th. This represents a $2.76 dividend on an annualized basis and a yield of 5.
20%. Oxford Industries’s dividend payout ratio (DPR) is presently 47.02%.
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. Read More Five stocks we like better than Oxford Industries What Does a Stock Split Mean? Options Activity Points to More Volatility for Palantir Stock ESG Stocks, What Investors Should Know NVIDIA Stock: Oversold, Undervalued — How Low Can It Go? The Most Important Warren Buffett Stock for Investors: His Own MicroStrategy Sees Insider Buy-Sell Action in Q1 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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