Leeward Investments LLC MA Has $6.09 Million Stock Holdings in Oxford Industries, Inc. (NYSE:OXM)

Leeward Investments LLC MA trimmed its position in Oxford Industries, Inc. (NYSE:OXM) by 0.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 60,933 shares of the textile maker’s stock after selling 473 shares during the quarter. Leeward Investments LLC MA owned 0.39% of Oxford Industries worth $6,093,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in OXM. Wellington Management Group LLP grew its holdings in Oxford Industries by 717.9% in the 3rd quarter. Wellington Management Group LLP now owns 373,847 shares of the textile maker’s stock valued at $35,938,000 after buying an additional 328,140 shares in the last quarter. Clearbridge Investments LLC acquired a new position in Oxford Industries in the 3rd quarter valued at $13,512,000. William Blair Investment Management LLC grew its holdings in shares of Oxford Industries by 21.7% during the 3rd quarter. William Blair Investment Management LLC now owns 319,815 shares of the textile maker’s stock worth $30,744,000 after purchasing an additional 57,091 shares in the last quarter. Victory Capital Management Inc. grew its holdings in shares of Oxford Industries by 517.2% during the 3rd quarter. Victory Capital Management Inc. now owns 67,128 shares of the textile maker’s stock worth $6,453,000 after purchasing an additional 56,251 shares in the last quarter. Finally, Fort Washington Investment Advisors Inc. OH grew its holdings in shares of Oxford Industries by 19.0% during the 4th quarter. Fort Washington Investment Advisors Inc. OH now owns 188,933 shares of the textile maker’s stock worth $18,893,000 after purchasing an additional 30,130 shares in the last quarter. 91.16% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on OXM. Citigroup lowered Oxford Industries from a “neutral” rating to a “sell” rating and reduced their target price for the stock from $98.00 to $94.00 in a report on Monday, April 1st. UBS Group reduced their price objective on Oxford Industries from $106.00 to $104.00 and set a “neutral” rating on the stock in a research note on Monday, April 1st. Finally, Telsey Advisory Group reaffirmed a “market perform” rating and issued a $110.00 price objective on shares of Oxford Industries in a research note on Wednesday. One research analyst has rated the stock with a sell rating, five have issued a hold rating and one has assigned a buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $103.60.

Oxford Industries Trading Up 0.9 %

Oxford Industries stock traded up $0.97 during trading hours on Friday, hitting $106.72. The stock had a trading volume of 165,107 shares, compared to its average volume of 200,001. The company has a quick ratio of 0.55, a current ratio of 1.22 and a debt-to-equity ratio of 0.05. The stock has a market cap of $1.67 billion, a price-to-earnings ratio of 28.92 and a beta of 1.60. Oxford Industries, Inc. has a one year low of $82.33 and a one year high of $113.88. The business’s 50 day simple moving average is $105.17 and its 200-day simple moving average is $98.26.

Oxford Industries (NYSE:OXM) last issued its quarterly earnings data on Thursday, March 28th. The textile maker reported $1.90 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.92 by ($0.02). Oxford Industries had a return on equity of 26.71% and a net margin of 3.86%. The company had revenue of $404.43 million for the quarter, compared to the consensus estimate of $408.28 million. During the same quarter last year, the business earned $2.28 earnings per share. Oxford Industries’s revenue was up 5.7% compared to the same quarter last year. On average, equities analysts predict that Oxford Industries, Inc. will post 9.47 EPS for the current fiscal year.

Oxford Industries Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 3rd. Stockholders of record on Friday, April 19th 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 2.51%. This is an increase from Oxford Industries’s previous quarterly dividend of $0.65. The ex-dividend date of this dividend is Thursday, April 18th. Oxford Industries’s dividend payout ratio (DPR) is 72.63%.

Insider Transactions at Oxford Industries

In other Oxford Industries news, CEO Douglas B. Wood sold 33,587 shares of Oxford Industries stock in a transaction that occurred on Friday, April 5th. The stock was sold at an average price of $104.95, for a total value of $3,524,955.65. Following the completion of the sale, the chief executive officer now directly owns 12,394 shares in the company, valued at $1,300,750.30. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 6.00% 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; 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; and men, women, and kids products under the Southern Tide brand.