UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Sells 3,683 Shares of Oxford Industries, Inc. (NYSE:OXM)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lessened its holdings in Oxford Industries, Inc. (NYSE:OXM) by 15.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 20,188 shares of the textile maker’s stock after selling 3,683 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in Oxford Industries were worth $1,752,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in OXM. FMR LLC increased its stake in Oxford Industries by 36.8% in the third quarter. FMR LLC now owns 906,324 shares of the textile maker’s stock valued at $78,633,000 after acquiring an additional 244,022 shares during the period. Victory Capital Management Inc. grew its stake in shares of Oxford Industries by 31.6% in the 3rd quarter. Victory Capital Management Inc. now owns 652,726 shares of the textile maker’s stock valued at $56,631,000 after purchasing an additional 156,634 shares during the period. Charles Schwab Investment Management Inc. grew its stake in shares of Oxford Industries by 4.7% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 568,234 shares of the textile maker’s stock valued at $49,300,000 after purchasing an additional 25,619 shares during the period. Pacer Advisors Inc. acquired a new position in shares of Oxford Industries in the 2nd quarter worth approximately $54,882,000. Finally, American Century Companies Inc. lifted its position in shares of Oxford Industries by 25.1% during the 2nd quarter. American Century Companies Inc. now owns 361,940 shares of the textile maker’s stock worth $36,248,000 after buying an additional 72,605 shares during the period. Institutional investors and hedge funds own 91.16% of the company’s stock.

Oxford Industries Stock Performance

Shares of NYSE:OXM opened at $86.47 on Tuesday. The business has a fifty day moving average of $78.12 and a 200-day moving average of $88.24. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.65 and a current ratio of 1.42. Oxford Industries, Inc. has a twelve month low of $72.24 and a twelve month high of $113.88. The firm has a market cap of $1.36 billion, a PE ratio of 97.16 and a beta of 1.56.

Oxford Industries (NYSE:OXM) last posted 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). Oxford Industries had a net margin of 0.98% and a return on equity of 19.09%. The company had revenue of $308.00 million during the quarter, compared to analyst estimates of $316.84 million. During the same quarter in the previous year, the business posted $1.01 EPS. The company’s revenue was down 5.7% compared to the same quarter last year. On average, equities research analysts predict that Oxford Industries, Inc. will post 6.62 EPS for the current fiscal year.

Oxford Industries Announces Dividend

The company also recently announced 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. The ex-dividend date is Friday, January 17th. This represents a $2.68 annualized dividend and a dividend yield of 3.10%. Oxford Industries’s dividend payout ratio (DPR) is currently 301.13%.

Analyst Ratings Changes

OXM has been the topic of a number of analyst reports. UBS Group lowered their price target on Oxford Industries from $81.00 to $80.00 and set a “neutral” rating on the stock in a research report on Thursday, December 12th. Citigroup lowered their target price on shares of Oxford Industries from $92.00 to $65.00 and set a “sell” rating on the stock in a report on Friday, September 13th. Finally, Telsey Advisory Group reissued a “market perform” rating and set a $86.00 price target on shares of Oxford Industries in a report on Wednesday, December 4th.

Insider Transactions at Oxford Industries

In other news, EVP Scott Grassmyer sold 1,495 shares of the firm’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 transaction, the executive vice president now directly owns 31,428 shares in the company, valued at $2,727,007.56. This trade represents a 4.54 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 5.70% of the stock is currently owned by corporate insiders.

Oxford Industries Company Profile

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.