SG Americas Securities LLC Has $280,000 Stock Holdings in Oxford Industries, Inc. (NYSE:OXM)

SG Americas Securities LLC lowered its stake in Oxford Industries, Inc. (NYSE:OXM) by 18.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,555 shares of the textile maker’s stock after selling 806 shares during the period. SG Americas Securities LLC’s holdings in Oxford Industries were worth $280,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Advisors Asset Management Inc. lifted its stake in shares of Oxford Industries by 223.3% in the 3rd quarter. Advisors Asset Management Inc. now owns 1,568 shares of the textile maker’s stock valued at $136,000 after acquiring an additional 1,083 shares during the last quarter. M&T Bank Corp bought a new position in Oxford Industries in the third quarter valued at about $206,000. Verity Asset Management Inc. bought a new position in Oxford Industries in the third quarter valued at about $233,000. FORA Capital LLC acquired a new stake in shares of Oxford Industries during the third quarter valued at about $300,000. Finally, Paloma Partners Management Co bought a new stake in shares of Oxford Industries during the third quarter worth about $315,000. Institutional investors own 91.16% of the company’s stock.

Oxford Industries Price Performance

Oxford Industries stock opened at $74.90 on Thursday. The stock’s 50 day moving average is $82.33 and its 200 day moving average is $83.47. Oxford Industries, Inc. has a one year low of $72.24 and a one year high of $113.88. The firm has a market cap of $1.18 billion, a P/E ratio of 84.16 and a beta of 1.56. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.42 and a quick ratio of 0.71.

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

Oxford Industries Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, January 31st. Shareholders of record on Friday, January 17th were issued a dividend of $0.67 per share. The ex-dividend date of this dividend was Friday, January 17th. This represents a $2.68 dividend on an annualized basis and a yield of 3.58%. Oxford Industries’s payout ratio is currently 301.12%.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the stock. Telsey Advisory Group reiterated a “market perform” rating and issued a $86.00 price objective on shares of Oxford Industries in a report on Wednesday, December 4th. UBS Group decreased their price objective on Oxford Industries from $81.00 to $80.00 and set a “neutral” rating for the company in a report on Thursday, December 12th.

Insider Transactions at Oxford Industries

In other news, 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. The trade was a 42.65 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Corporate insiders own 5.70% of the company’s stock.

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.