Yousif Capital Management LLC Has $780,000 Position in Oxford Industries, Inc. (NYSE:OXM)

Yousif Capital Management LLC increased its position in shares of Oxford Industries, Inc. (NYSE:OXM) by 6.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 7,797 shares of the textile maker’s stock after purchasing an additional 451 shares during the period. Yousif Capital Management LLC’s holdings in Oxford Industries were worth $780,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Milestone Investment Advisors LLC acquired a new position in Oxford Industries in the 3rd quarter valued at $38,000. AXQ Capital LP bought a new stake in Oxford Industries during the 3rd quarter worth $221,000. Envestnet Portfolio Solutions Inc. bought a new stake in Oxford Industries during the 3rd quarter worth $233,000. Precedent Wealth Partners LLC bought a new stake in Oxford Industries during the 4th quarter worth $236,000. Finally, Pathstone Family Office LLC bought a new stake in Oxford Industries during the 3rd quarter worth $239,000. 91.16% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the company. 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 report on Monday, April 1st. Telsey Advisory Group reiterated a “market perform” rating and issued a $110.00 price target on shares of Oxford Industries in a research report on Wednesday, April 24th. Finally, Citigroup lowered Oxford Industries from a “neutral” rating to a “sell” rating and reduced their price target for the company from $98.00 to $94.00 in a research report on Monday, April 1st. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and one has given a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $103.60.

Oxford Industries Stock Down 0.0 %

Shares of NYSE:OXM opened at $108.82 on Monday. The company has a market capitalization of $1.70 billion, a price-to-earnings ratio of 29.49 and a beta of 1.58. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.22 and a quick ratio of 0.55. The business’s 50-day moving average is $106.07 and its 200-day moving average is $98.85. Oxford Industries, Inc. has a 1 year low of $82.33 and a 1 year high of $113.88.

Oxford Industries (NYSE:OXM) last announced 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 net margin of 3.86% and a return on equity of 26.71%. The business had revenue of $404.43 million during the quarter, compared to analyst estimates of $408.28 million. During the same period in the prior year, the firm earned $2.28 earnings per share. The firm’s revenue for the quarter was up 5.7% compared to the same quarter last year. Equities research analysts predict that Oxford Industries, Inc. will post 9.6 earnings per share for the current year.

Oxford Industries Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 3rd. Shareholders of record on Friday, April 19th were issued a dividend of $0.67 per share. This is a positive change from Oxford Industries’s previous quarterly dividend of $0.65. This represents a $2.68 dividend on an annualized basis and a yield of 2.46%. The ex-dividend date was Thursday, April 18th. Oxford Industries’s payout ratio is currently 72.63%.

Insiders Place Their Bets

In other Oxford Industries news, CEO Douglas B. Wood sold 33,587 shares of the business’s stock in a transaction that occurred on Friday, April 5th. The stock was sold at an average price of $104.95, for a total transaction of $3,524,955.65. Following the completion of the sale, the chief executive officer now directly owns 12,394 shares of the company’s stock, valued at approximately $1,300,750.30. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 6.00% of the company’s stock.

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.