Tracey Hernandez Sells 1,250 Shares of Oxford Industries, Inc. (NYSE:OXM) Stock

Oxford Industries, Inc. (NYSE:OXM) SVP Tracey Hernandez sold 1,250 shares of the stock in a transaction that occurred on Tuesday, January 14th. The stock was sold at an average price of $86.92, for a total value of $108,650.00. Following the completion of the transaction, the senior vice president now directly owns 1,681 shares in the company, valued at approximately $146,112.52. This trade represents a 42.65 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Oxford Industries Stock Performance

Shares of OXM stock opened at $85.30 on Friday. The firm has a market cap of $1.34 billion, a price-to-earnings ratio of 95.84 and a beta of 1.56. Oxford Industries, Inc. has a 52-week low of $72.24 and a 52-week high of $113.88. The company has a quick ratio of 0.71, a current ratio of 1.42 and a debt-to-equity ratio of 0.09. The company’s 50 day moving average is $81.15 and its 200 day moving average is $85.12.

Oxford Industries (NYSE:OXM) last announced its quarterly earnings results on Wednesday, December 11th. The textile maker reported ($0.11) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.20). The company had revenue of $308.00 million during the quarter, compared to analysts’ expectations of $316.84 million. Oxford Industries had a net margin of 0.98% and a return on equity of 19.09%. The company’s revenue was down 5.7% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.01 earnings per share. On average, sell-side analysts anticipate that Oxford Industries, Inc. will post 6.62 EPS for the current fiscal year.

Oxford Industries Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, January 31st. Shareholders of record on Friday, January 17th will be issued a $0.67 dividend. The ex-dividend date of this dividend is Friday, January 17th. This represents a $2.68 dividend on an annualized basis and a yield of 3.14%. Oxford Industries’s dividend payout ratio is presently 301.13%.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the company. UBS Group dropped their price target on Oxford Industries from $81.00 to $80.00 and set a “neutral” rating on the stock in a research report on Thursday, December 12th. Telsey Advisory Group reaffirmed a “market perform” rating and issued a $86.00 price objective on shares of Oxford Industries in a research note on Wednesday, December 4th.

Institutional Trading of Oxford Industries

A number of institutional investors have recently modified their holdings of OXM. Quarry LP raised its stake in shares of Oxford Industries by 4,650.0% during the 2nd quarter. Quarry LP now owns 475 shares of the textile maker’s stock worth $48,000 after acquiring an additional 465 shares in the last quarter. Advisors Asset Management Inc. grew its holdings in Oxford Industries by 223.3% in the third quarter. Advisors Asset Management Inc. now owns 1,568 shares of the textile maker’s stock worth $136,000 after purchasing an additional 1,083 shares during the last quarter. M&T Bank Corp purchased a new position in Oxford Industries in the third quarter worth $206,000. Verity Asset Management Inc. acquired a new position in shares of Oxford Industries during the third quarter worth $233,000. Finally, FORA Capital LLC purchased a new stake in shares of Oxford Industries during the 3rd quarter valued at $300,000. 91.16% of the stock is currently owned by institutional investors.

Oxford Industries Company 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.