Schroder Investment Management Group Buys 338 Shares of Oxford Industries, Inc. (NYSE:OXM)

Schroder Investment Management Group raised its stake in shares of Oxford Industries, Inc. (NYSE:OXM) by 0.2% in the 4th quarter, Holdings Channel reports. The firm owned 193,702 shares of the textile maker’s stock after acquiring an additional 338 shares during the period. Schroder Investment Management Group’s holdings in Oxford Industries were worth $14,739,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in OXM. Blue Trust Inc. boosted its stake in Oxford Industries by 27.6% during the fourth quarter. Blue Trust Inc. now owns 739 shares of the textile maker’s stock valued at $64,000 after buying an additional 160 shares during the last quarter. Venturi Wealth Management LLC bought a new position in shares of Oxford Industries during the 4th quarter valued at approximately $63,000. Vestcor Inc purchased a new position in shares of Oxford Industries in the fourth quarter valued at $100,000. M&T Bank Corp bought a new stake in Oxford Industries in the third quarter worth $206,000. Finally, Truvestments Capital LLC increased its position in Oxford Industries by 15.6% in the fourth quarter. Truvestments Capital LLC now owns 2,411 shares of the textile maker’s stock worth $190,000 after purchasing an additional 326 shares during the last quarter. Hedge funds and other institutional investors own 91.16% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently weighed in on the stock. UBS Group reduced their target price on shares of Oxford Industries from $66.00 to $57.00 and set a “neutral” rating on the stock in a report on Friday, March 28th. Telsey Advisory Group decreased their price objective on Oxford Industries from $86.00 to $68.00 and set a “market perform” rating on the stock in a research report on Monday, March 24th. Finally, KeyCorp reiterated a “sector weight” rating on shares of Oxford Industries in a report on Friday, March 28th.

Oxford Industries Stock Performance

Shares of NYSE:OXM opened at $54.84 on Friday. The company has a current ratio of 1.42, a quick ratio of 0.71 and a debt-to-equity ratio of 0.09. The company has a market capitalization of $860.96 million, a price-to-earnings ratio of 61.61 and a beta of 1.61. Oxford Industries, Inc. has a 12 month low of $53.23 and a 12 month high of $111.46. The firm’s 50-day moving average is $67.66 and its 200 day moving average is $76.01.

Oxford Industries (NYSE:OXM) last released its earnings results on Thursday, March 27th. The textile maker reported $1.37 EPS for the quarter, beating analysts’ consensus estimates of $1.28 by $0.09. Oxford Industries had a return on equity of 19.09% and a net margin of 0.98%. The firm had revenue of $390.51 million for the quarter, compared to analysts’ expectations of $383.94 million. During the same quarter in the prior year, the firm posted $1.90 earnings per share. The company’s quarterly revenue was down 3.4% on a year-over-year basis. Research analysts predict that Oxford Industries, Inc. will post 6.62 EPS for the current year.

Oxford Industries Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, May 2nd. Stockholders of record on Thursday, April 17th will be issued a $0.69 dividend. The ex-dividend date of this dividend is Thursday, April 17th. This is a boost from Oxford Industries’s previous quarterly dividend of $0.67. This represents a $2.76 dividend on an annualized basis and a dividend yield of 5.03%. Oxford Industries’s dividend payout ratio is presently 47.02%.

Insider Activity at Oxford Industries

In other Oxford Industries news, SVP Tracey Hernandez sold 1,250 shares of the firm’s stock in a transaction on Tuesday, January 14th. The stock was sold at an average price of $86.92, for a total transaction 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. This trade represents a 42.65 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Milford W. Mcguirt bought 1,000 shares of the stock in a transaction on Wednesday, April 2nd. The stock was purchased at an average price of $58.70 per share, with a total value of $58,700.00. Following the completion of the acquisition, the director now directly owns 7,180 shares in the company, valued at approximately $421,466. This trade represents a 16.18 % increase in their position. The disclosure for this purchase can be found here. 5.70% of the stock is currently owned by company insiders.

Oxford Industries 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.