Oxford Industries, Inc. (NYSE:OXM - Get Free Report) SVP Tracey Hernandez sold 250 shares of Oxford Industries stock in a transaction on Wednesday, October 16th. The shares were sold at an average price of $78.73, for a total transaction of $19,682.50. Following the completion of the sale, the senior vice president now owns 2,931 shares in the company, valued at approximately $230,757.63. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
Shares of OXM traded up $1.45 during trading hours on Friday, hitting $80.45. The company had a trading volume of 450,533 shares, compared to its average volume of 271,154. The firm has a fifty day moving average price of $83.79 and a 200-day moving average price of $96.56. The stock has a market capitalization of $1.26 billion, a price-to-earnings ratio of 32.57 and a beta of 1.53. Oxford Industries, Inc. has a 52-week low of $73.44 and a 52-week high of $113.88.
Oxford Industries (NYSE:OXM - Get Free Report) last issued its earnings results on Wednesday, September 11th. The textile maker reported $2.77 earnings per share 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 business had revenue of $419.89 million during the quarter, compared to analysts' expectations of $438.16 million. During the same period last year, the firm posted $3.45 EPS. Oxford Industries's quarterly revenue was down .1% compared to the same quarter last year. Research analysts anticipate that Oxford Industries, Inc. will post 7.16 earnings per share for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Friday, November 1st. Shareholders of record on Friday, October 18th will be given a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a yield of 3.33%. The ex-dividend date of this dividend is Friday, October 18th. Oxford Industries's dividend payout ratio (DPR) is 108.50%.
A number of analysts have recently commented on the stock. 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 report on Thursday, September 5th. Citigroup dropped their target price on shares of Oxford Industries from $92.00 to $65.00 and set a "sell" rating on the stock in a report on Friday, September 13th. Finally, Telsey Advisory Group dropped their target price on shares of Oxford Industries from $110.00 to $86.00 and set a "market perform" rating on the stock in a report on Thursday, September 12th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and one has given a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of "Hold" and an average price target of $90.40.
Check Out Our Latest Analysis on OXM
A number of hedge funds have recently bought and sold shares of the business. Capstone Investment Advisors LLC increased its position in shares of Oxford Industries by 161.5% during the 1st quarter. Capstone Investment Advisors LLC now owns 15,160 shares of the textile maker's stock valued at $1,704,000 after purchasing an additional 9,363 shares during the last quarter. Boston Partners purchased a new position in Oxford Industries during the first quarter valued at $990,000. Vanguard Group Inc. increased its position in Oxford Industries by 0.3% in the first quarter. Vanguard Group Inc. now owns 1,767,543 shares of the textile maker's stock worth $198,672,000 after buying an additional 4,869 shares in the last quarter. Maverick Capital Ltd. raised its stake in shares of Oxford Industries by 673.5% in the second quarter. Maverick Capital Ltd. now owns 62,642 shares of the textile maker's stock worth $6,274,000 after buying an additional 54,544 shares during the period. Finally, Susquehanna Fundamental Investments LLC purchased a new position in shares of Oxford Industries during the 1st quarter valued at about $2,056,000. Hedge funds and other institutional investors own 91.16% of the company's stock.
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.
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to [email protected].
Before you consider Oxford Industries, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Oxford Industries wasn't on the list.
While Oxford Industries currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.