Oxford Industries, Inc. (NYSE:OXM) Shares Purchased by Inspire Investing LLC

Inspire Investing LLC raised its position in Oxford Industries, Inc. (NYSE:OXM) by 7.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,089 shares of the textile maker’s stock after acquiring an additional 343 shares during the quarter. Inspire Investing LLC’s holdings in Oxford Industries were worth $401,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the company. Barclays PLC grew its holdings in Oxford Industries by 74.0% during the 3rd quarter. Barclays PLC now owns 48,484 shares of the textile maker’s stock valued at $4,208,000 after purchasing an additional 20,620 shares in the last quarter. Cerity Partners LLC grew its stake in shares of Oxford Industries by 25.6% during the third quarter. Cerity Partners LLC now owns 10,644 shares of the textile maker’s stock valued at $923,000 after acquiring an additional 2,167 shares in the last quarter. Jane Street Group LLC increased its position in shares of Oxford Industries by 73.7% during the third quarter. Jane Street Group LLC now owns 36,812 shares of the textile maker’s stock worth $3,194,000 after acquiring an additional 15,617 shares during the last quarter. Victory Capital Management Inc. lifted its stake in shares of Oxford Industries by 31.6% in the third quarter. Victory Capital Management Inc. now owns 652,726 shares of the textile maker’s stock worth $56,631,000 after acquiring an additional 156,634 shares in the last quarter. Finally, Weiss Asset Management LP purchased a new position in Oxford Industries in the third quarter valued at about $2,742,000. Hedge funds and other institutional investors own 91.16% of the company’s stock.

Insider Activity

In other Oxford Industries news, SVP Tracey Hernandez sold 1,250 shares of Oxford Industries stock in a transaction on Tuesday, January 14th. The stock was sold at an average price of $86.92, for a total transaction of $108,650.00. Following the sale, the senior vice president now owns 1,681 shares of the company’s stock, valued at $146,112.52. The trade was a 42.65 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 5.70% of the company’s stock.

Oxford Industries Price Performance

Shares of NYSE OXM opened at $82.16 on Monday. The company has a current ratio of 1.42, a quick ratio of 0.71 and a debt-to-equity ratio of 0.09. The company has a market capitalization of $1.29 billion, a price-to-earnings ratio of 92.31 and a beta of 1.56. Oxford Industries, Inc. has a twelve month low of $72.24 and a twelve month high of $113.88. The business has a 50 day simple moving average of $81.75 and a 200-day simple moving average of $84.45.

Oxford Industries (NYSE:OXM) last released its quarterly earnings data on Wednesday, December 11th. The textile maker reported ($0.11) earnings per share for the quarter, missing the consensus estimate of $0.09 by ($0.20). The business had revenue of $308.00 million for the quarter, compared to analyst estimates of $316.84 million. Oxford Industries had a return on equity of 19.09% and a net margin of 0.98%. Oxford Industries’s revenue was down 5.7% compared to the same quarter last year. During the same quarter last year, the company earned $1.01 EPS. As a group, equities research analysts expect that Oxford Industries, Inc. will post 6.62 earnings per share for the current year.

Oxford Industries Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 31st. Investors of record on Friday, January 17th will be given a $0.67 dividend. The ex-dividend date of this dividend is Friday, January 17th. This represents a $2.68 annualized dividend and a yield of 3.26%. Oxford Industries’s dividend payout ratio is presently 301.13%.

Analyst Ratings Changes

Several research firms have recently commented on OXM. UBS Group reduced their target price on Oxford Industries from $81.00 to $80.00 and set a “neutral” rating for the company in a research note on Thursday, December 12th. Telsey Advisory Group reissued a “market perform” rating and set a $86.00 price objective on shares of Oxford Industries in a report on Wednesday, December 4th.

About Oxford Industries

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.