Nisa Investment Advisors LLC Sells 505 Shares of Oxford Industries, Inc. (NYSE:OXM)

Nisa Investment Advisors LLC lessened its stake in Oxford Industries, Inc. (NYSE:OXM) by 4.9% in the fourth quarter, Holdings Channel reports. The firm owned 9,807 shares of the textile maker’s stock after selling 505 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Oxford Industries were worth $773,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of OXM. Quarry LP lifted its position in shares of Oxford Industries by 4,650.0% during the 2nd quarter. Quarry LP now owns 475 shares of the textile maker’s stock worth $48,000 after buying an additional 465 shares during the last quarter. Advisors Asset Management Inc. increased its holdings in Oxford Industries by 223.3% in the 3rd quarter. Advisors Asset Management Inc. now owns 1,568 shares of the textile maker’s stock worth $136,000 after purchasing an additional 1,083 shares in 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. acquired a new stake in shares of Oxford Industries during the third quarter valued at about $233,000. Finally, FORA Capital LLC acquired a new stake in Oxford Industries during the 3rd quarter worth approximately $300,000. 91.16% of the stock is owned by institutional investors.

Oxford Industries Price Performance

Shares of OXM opened at $85.81 on Wednesday. The firm has a market cap of $1.35 billion, a PE ratio of 96.42 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. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.71 and a current ratio of 1.42. The business’s 50 day moving average price is $82.17 and its two-hundred day moving average price is $84.24.

Oxford Industries (NYSE:OXM) last issued its 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 the consensus estimate of $316.84 million. During the same quarter in the prior year, the business earned $1.01 earnings per share. Oxford Industries’s revenue for the quarter was down 5.7% on a year-over-year basis. On average, equities analysts anticipate that Oxford Industries, Inc. will post 6.62 EPS for the current year.

Oxford Industries Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, January 31st. Investors of record on Friday, January 17th will be given a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a dividend yield of 3.12%. The ex-dividend date of this dividend is Friday, January 17th. Oxford Industries’s payout ratio is currently 301.13%.

Analyst Ratings Changes

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

Insider Buying and Selling

In other Oxford Industries news, SVP Tracey Hernandez sold 1,250 shares of the business’s stock in a transaction dated Tuesday, January 14th. The shares were sold at an average price of $86.92, for a total value of $108,650.00. Following the transaction, the senior vice president now directly owns 1,681 shares in the company, valued at $146,112.52. The trade was a 42.65 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 5.70% of the stock is 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.