Oxford Industries, Inc. (NYSE:OXM) Shares Bought by Captrust Financial Advisors

Captrust Financial Advisors grew its position in Oxford Industries, Inc. (NYSE:OXM) by 56.0% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 4,380 shares of the textile maker’s stock after acquiring an additional 1,573 shares during the quarter. Captrust Financial Advisors’ holdings in Oxford Industries were worth $380,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. SG Americas Securities LLC increased its stake in Oxford Industries by 238.9% during the second quarter. SG Americas Securities LLC now owns 4,121 shares of the textile maker’s stock valued at $413,000 after purchasing an additional 2,905 shares during the last quarter. Blue Trust Inc. grew its position in shares of Oxford Industries by 4,633.0% during the 2nd quarter. Blue Trust Inc. now owns 4,591 shares of the textile maker’s stock valued at $460,000 after buying an additional 4,494 shares during the last quarter. Leeward Investments LLC MA grew its position in shares of Oxford Industries by 5.6% during the 2nd quarter. Leeward Investments LLC MA now owns 61,706 shares of the textile maker’s stock valued at $6,180,000 after buying an additional 3,277 shares during the last quarter. 1620 Investment Advisors Inc. acquired a new stake in Oxford Industries during the second quarter worth about $28,000. Finally, Precedent Wealth Partners LLC lifted its holdings in Oxford Industries by 33.0% in the second quarter. Precedent Wealth Partners LLC now owns 4,445 shares of the textile maker’s stock worth $445,000 after acquiring an additional 1,103 shares during the last quarter. 91.16% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, EVP Scott Grassmyer sold 1,495 shares of the business’s stock in a transaction on Tuesday, September 24th. The stock was sold at an average price of $86.77, for a total value of $129,721.15. Following the sale, the executive vice president now owns 31,428 shares of the company’s stock, valued at approximately $2,727,007.56. The trade was a 4.54 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 5.70% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the company. Citigroup lowered their target price on Oxford Industries from $92.00 to $65.00 and set a “sell” rating for the company in a report on Friday, September 13th. UBS Group lowered their price objective on Oxford Industries from $81.00 to $80.00 and set a “neutral” rating for the company in a research note on Thursday. Finally, Telsey Advisory Group reiterated a “market perform” rating and issued a $86.00 target price on shares of Oxford Industries in a research note on Wednesday, December 4th.

Oxford Industries Trading Up 6.0 %

Shares of NYSE:OXM opened at $81.49 on Friday. The firm’s 50 day moving average is $77.89 and its two-hundred day moving average is $88.65. The firm has a market capitalization of $1.28 billion, a P/E ratio of 91.56 and a beta of 1.56. Oxford Industries, Inc. has a 52 week low of $72.24 and a 52 week high of $113.88.

Oxford Industries (NYSE:OXM) last announced its earnings results 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). Oxford Industries had a net margin of 0.98% and a return on equity of 19.26%. The business had revenue of $308.00 million for the quarter, compared to the consensus estimate of $316.84 million. During the same period in the previous year, the firm earned $1.01 EPS. The firm’s revenue was down 5.7% on a year-over-year basis. Analysts predict that Oxford Industries, Inc. will post 7.16 EPS for the current year.

Oxford Industries Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, January 31st. Stockholders of record on Friday, January 17th will be paid a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a dividend yield of 3.29%. The ex-dividend date of this dividend is Friday, January 17th. Oxford Industries’s dividend payout ratio is currently 301.13%.

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.