Barclays PLC Purchases 40,750 Shares of Oxford Industries, Inc. (NYSE:OXM)

Barclays PLC raised its holdings in shares of Oxford Industries, Inc. (NYSE:OXM) by 84.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 89,234 shares of the textile maker’s stock after acquiring an additional 40,750 shares during the period. Barclays PLC owned about 0.57% of Oxford Industries worth $7,029,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in OXM. Geode Capital Management LLC grew its holdings in shares of Oxford Industries by 0.8% during the 3rd quarter. Geode Capital Management LLC now owns 334,795 shares of the textile maker’s stock valued at $29,052,000 after purchasing an additional 2,584 shares during the last quarter. Franklin Resources Inc. grew its stake in shares of Oxford Industries by 7.4% during the third quarter. Franklin Resources Inc. now owns 7,688 shares of the textile maker’s stock valued at $667,000 after buying an additional 527 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in shares of Oxford Industries by 29.5% in the third quarter. JPMorgan Chase & Co. now owns 37,291 shares of the textile maker’s stock worth $3,235,000 after buying an additional 8,500 shares during the period. Harbor Capital Advisors Inc. lifted its stake in shares of Oxford Industries by 14.0% in the 4th quarter. Harbor Capital Advisors Inc. now owns 5,853 shares of the textile maker’s stock valued at $461,000 after acquiring an additional 721 shares during the last quarter. Finally, Wedge Capital Management L L P NC boosted its holdings in Oxford Industries by 27.8% during the 4th quarter. Wedge Capital Management L L P NC now owns 27,146 shares of the textile maker’s stock valued at $2,139,000 after acquiring an additional 5,911 shares during the period. 91.16% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Oxford Industries news, Director Milford W. Mcguirt bought 1,000 shares of the company’s stock in a transaction dated Wednesday, April 2nd. The shares were purchased at an average price of $58.70 per share, for a total transaction of $58,700.00. Following the acquisition, the director now owns 7,180 shares in the company, valued at approximately $421,466. This represents a 16.18 % increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this link. 5.70% of the stock is owned by insiders.

Oxford Industries Stock Performance

Shares of OXM stock opened at $51.52 on Friday. The firm has a market capitalization of $765.84 million, a price-to-earnings ratio of 57.89 and a beta of 1.40. The stock has a fifty day moving average of $57.72 and a 200 day moving average of $71.96. Oxford Industries, Inc. has a 52 week low of $42.12 and a 52 week high of $111.46. The company has a quick ratio of 0.71, a current ratio of 1.42 and a debt-to-equity ratio of 0.09.

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

Oxford Industries Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, May 2nd. Stockholders of record on Thursday, April 17th will be paid a $0.69 dividend. This represents a $2.76 dividend on an annualized basis and a dividend yield of 5.36%. The ex-dividend date is Thursday, April 17th. This is a boost from Oxford Industries’s previous quarterly dividend of $0.67. Oxford Industries’s dividend payout ratio (DPR) is presently 47.02%.

Analyst Ratings Changes

OXM has been the subject of several recent research reports. KeyCorp reiterated a “sector weight” rating on shares of Oxford Industries in a research report on Friday, March 28th. Citigroup lowered their price target on shares of Oxford Industries from $52.00 to $47.00 and set a “sell” rating for the company in a report on Monday, April 7th. UBS Group cut their price target 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. Finally, Telsey Advisory Group lowered their price objective on shares of Oxford Industries from $64.00 to $52.00 and set a “market perform” rating for the company in a research note on Wednesday.

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.