Insider Selling: Oxford Industries, Inc. (NYSE:OXM) SVP Sells 1,250 Shares of Stock

Oxford Industries, Inc. (NYSE:OXM) SVP Tracey Hernandez sold 1,250 shares of the company’s stock in a transaction on Tuesday, January 14th. The shares were sold at an average price of $86.92, for a total transaction of $108,650.00. Following the completion of the sale, the senior vice president now directly owns 1,681 shares in the company, valued at $146,112.52. This trade represents 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 accessible through the SEC website.

Oxford Industries Stock Performance

Shares of NYSE OXM opened at $85.30 on Friday. The company has a market capitalization of $1.34 billion, a PE ratio of 95.84 and a beta of 1.56. 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 company’s fifty day moving average price is $81.15 and its 200 day moving average price is $85.02. Oxford Industries, Inc. has a 1 year low of $72.24 and a 1 year high of $113.88.

Oxford Industries (NYSE:OXM) last posted its earnings results on Wednesday, December 11th. The textile maker reported ($0.11) earnings per share (EPS) for the quarter, missing the consensus estimate 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 for the quarter, compared to analysts’ expectations of $316.84 million. During the same period in the previous year, the company earned $1.01 earnings per share. The company’s revenue was down 5.7% compared to the same quarter last year. On average, research analysts predict that Oxford Industries, Inc. will post 6.62 earnings per share for the current year.

Oxford Industries Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 31st. Stockholders of record on Friday, January 17th will be given a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a dividend yield of 3.14%. The ex-dividend date is Friday, January 17th. Oxford Industries’s dividend payout ratio (DPR) is presently 301.13%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Mercer Global Advisors Inc. ADV lifted its holdings in Oxford Industries by 4.7% during the second quarter. Mercer Global Advisors Inc. ADV now owns 3,359 shares of the textile maker’s stock valued at $336,000 after purchasing an additional 150 shares in the last quarter. Creative Planning raised its position in shares of Oxford Industries by 6.0% during the 3rd quarter. Creative Planning now owns 3,885 shares of the textile maker’s stock worth $337,000 after purchasing an additional 219 shares during the last quarter. SG Americas Securities LLC lifted its stake in Oxford Industries by 5.8% in the 3rd quarter. SG Americas Securities LLC now owns 4,361 shares of the textile maker’s stock valued at $378,000 after buying an additional 240 shares in the last quarter. The Manufacturers Life Insurance Company boosted its holdings in Oxford Industries by 3.7% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 7,702 shares of the textile maker’s stock worth $771,000 after buying an additional 276 shares during the last quarter. Finally, Texas Permanent School Fund Corp increased its stake in Oxford Industries by 2.2% during the 2nd quarter. Texas Permanent School Fund Corp now owns 13,132 shares of the textile maker’s stock worth $1,315,000 after buying an additional 278 shares in the last quarter. Hedge funds and other institutional investors own 91.16% of the company’s stock.

Analyst Upgrades and Downgrades

OXM has been the subject of a number of research reports. Telsey Advisory Group restated a “market perform” rating and set a $86.00 target price on shares of Oxford Industries in a research report on Wednesday, December 4th. UBS Group decreased their price objective on Oxford Industries from $81.00 to $80.00 and set a “neutral” rating for the company in a report on Thursday, December 12th.

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.