Oxford Industries, Inc. (NYSE:OXM) Shares Sold by Leeward Investments LLC MA

Leeward Investments LLC MA reduced its position in shares of Oxford Industries, Inc. (NYSE:OXM) by 0.3% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 61,501 shares of the textile maker’s stock after selling 205 shares during the period. Leeward Investments LLC MA owned approximately 0.39% of Oxford Industries worth $5,336,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. 1620 Investment Advisors Inc. acquired a new position in shares of Oxford Industries in the 2nd quarter worth approximately $28,000. Quarry LP grew its position in Oxford Industries by 4,650.0% in the second 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. Natixis acquired a new position in Oxford Industries in the first quarter worth approximately $109,000. SG Americas Securities LLC bought a new position in shares of Oxford Industries in the first quarter valued at $137,000. Finally, Truvestments Capital LLC acquired a new stake in shares of Oxford Industries during the 1st quarter valued at $209,000. 91.16% of the stock is currently owned by institutional investors.

Oxford Industries Trading Down 0.3 %

Shares of Oxford Industries stock opened at $77.84 on Friday. Oxford Industries, Inc. has a 1 year low of $72.24 and a 1 year high of $113.88. The company has a market cap of $1.22 billion, a P/E ratio of 42.77 and a beta of 1.55. The stock has a 50-day moving average price of $80.47 and a 200 day moving average price of $93.64.

Oxford Industries (NYSE:OXM) last posted its quarterly earnings results on Wednesday, September 11th. The textile maker reported $2.77 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.00 by ($0.23). Oxford Industries had a return on equity of 21.93% and a net margin of 1.92%. The company had revenue of $419.89 million during the quarter, compared to analysts’ expectations of $438.16 million. During the same period last year, the company earned $3.45 earnings per share. Oxford Industries’s revenue for the quarter was down .1% compared to the same quarter last year. On average, equities analysts forecast that Oxford Industries, Inc. will post 7.16 earnings per share for the current fiscal year.

Oxford Industries Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, November 1st. Stockholders of record on Friday, October 18th were paid a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a dividend yield of 3.44%. The ex-dividend date of this dividend was Friday, October 18th. Oxford Industries’s dividend payout ratio (DPR) is presently 147.25%.

Analysts Set New Price Targets

OXM has been the subject of a number of recent analyst reports. Telsey Advisory Group decreased their price target on Oxford Industries from $110.00 to $86.00 and set a “market perform” rating for the company in a research report on Thursday, September 12th. UBS Group dropped their target price on shares of Oxford Industries from $101.00 to $91.00 and set a “neutral” rating on the stock in a research report on Thursday, September 5th. Finally, Citigroup reduced their price target on shares of Oxford Industries from $92.00 to $65.00 and set a “sell” rating for the company in a research report on Friday, September 13th.

Insider Buying and Selling

In other news, EVP Scott Grassmyer sold 1,495 shares of the firm’s stock in a transaction dated Tuesday, September 24th. The stock was sold at an average price of $86.77, for a total transaction of $129,721.15. Following the completion of the sale, the executive vice president now directly owns 31,428 shares of the company’s stock, valued at $2,727,007.56. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 5.70% of the stock is 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.