Leeward Investments LLC MA Acquires 3,277 Shares of Oxford Industries, Inc. (NYSE:OXM)

Leeward Investments LLC MA boosted its position in Oxford Industries, Inc. (NYSE:OXM) by 5.6% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 61,706 shares of the textile maker’s stock after acquiring an additional 3,277 shares during the period. Leeward Investments LLC MA owned 0.39% of Oxford Industries worth $6,180,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in OXM. Quest Partners LLC bought a new stake in shares of Oxford Industries during the 4th quarter valued at about $36,000. Natixis purchased a new position in Oxford Industries during the 1st quarter valued at about $109,000. SG Americas Securities LLC purchased a new position in Oxford Industries during the 1st quarter valued at about $137,000. Central Pacific Bank Trust Division purchased a new position in Oxford Industries during the 1st quarter valued at about $140,000. Finally, Truvestments Capital LLC purchased a new position in Oxford Industries in the first quarter worth about $209,000. Institutional investors own 91.16% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have issued reports on OXM shares. Telsey Advisory Group reaffirmed a “market perform” rating and issued a $110.00 target price on shares of Oxford Industries in a report on Thursday, June 13th. Citigroup reduced their price target on shares of Oxford Industries from $94.00 to $92.00 and set a “sell” rating for the company in a research note on Thursday, June 13th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and one has issued a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $103.20.

Oxford Industries Stock Performance

NYSE OXM traded down $1.08 during trading hours on Monday, hitting $88.58. 38,168 shares of the company’s stock traded hands, compared to its average volume of 235,707. The business’s fifty day moving average price is $98.73 and its two-hundred day moving average price is $102.70. The company has a current ratio of 1.32, a quick ratio of 0.68 and a debt-to-equity ratio of 0.03. The firm has a market capitalization of $1.39 billion, a P/E ratio of 36.30 and a beta of 1.54. Oxford Industries, Inc. has a 52 week low of $82.33 and a 52 week high of $113.88.

Oxford Industries (NYSE:OXM) last posted its quarterly earnings results on Wednesday, June 12th. The textile maker reported $2.66 earnings per share for the quarter, missing analysts’ consensus estimates of $2.70 by ($0.04). The firm had revenue of $398.18 million during the quarter, compared to the consensus estimate of $404.81 million. Oxford Industries had a return on equity of 23.78% and a net margin of 2.62%. The business’s revenue for the quarter was down 5.2% compared to the same quarter last year. During the same quarter in the previous year, the company earned $3.78 earnings per share. Equities research analysts predict that Oxford Industries, Inc. will post 8.8 EPS for the current year.

Oxford Industries Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, August 2nd. Stockholders of record on Friday, July 19th were issued a $0.67 dividend. This represents a $2.68 annualized dividend and a dividend yield of 3.03%. The ex-dividend date of this dividend was Friday, July 19th. Oxford Industries’s dividend payout ratio (DPR) is presently 108.50%.

Insider Activity at Oxford Industries

In other Oxford Industries news, EVP Thomas E. Campbell sold 17,540 shares of the stock in a transaction on Friday, June 14th. The shares were sold at an average price of $99.91, for a total transaction of $1,752,421.40. Following the completion of the transaction, the executive vice president now owns 24,865 shares in the company, valued at $2,484,262.15. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 5.70% of the stock is currently owned by corporate insiders.

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.