Thompson Siegel & Walmsley LLC Takes $7.66 Million Position in Oxford Industries (OXM)

Thompson Siegel & Walmsley LLC bought a new position in shares of Oxford Industries (NYSE:OXM) during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 102,744 shares of the textile maker’s stock, valued at approximately $7,660,000. Thompson Siegel & Walmsley LLC owned 0.61% of Oxford Industries as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in the company. GW&K Investment Management LLC raised its position in shares of Oxford Industries by 1.1% during the first quarter. GW&K Investment Management LLC now owns 357,935 shares of the textile maker’s stock worth $26,688,000 after purchasing an additional 4,019 shares during the period. Stevens Capital Management LP acquired a new stake in shares of Oxford Industries during the first quarter worth $257,000. Thrivent Financial for Lutherans raised its position in shares of Oxford Industries by 0.8% during the first quarter. Thrivent Financial for Lutherans now owns 286,708 shares of the textile maker’s stock worth $21,377,000 after purchasing an additional 2,301 shares during the period. O Shaughnessy Asset Management LLC raised its position in shares of Oxford Industries by 634.5% during the first quarter. O Shaughnessy Asset Management LLC now owns 17,055 shares of the textile maker’s stock worth $1,272,000 after purchasing an additional 14,733 shares during the period. Finally, Schwab Charles Investment Management Inc. raised its position in shares of Oxford Industries by 3.6% during the first quarter. Schwab Charles Investment Management Inc. now owns 130,958 shares of the textile maker’s stock worth $9,765,000 after purchasing an additional 4,498 shares during the period. 89.68% of the stock is currently owned by institutional investors.

Oxford Industries opened at $79.01 on Friday, Marketbeat Ratings reports. The firm has a market cap of $1.36 billion, a P/E ratio of 21.59 and a beta of 0.33. Oxford Industries has a 1-year low of $52.62 and a 1-year high of $84.32. The company has a current ratio of 1.75, a quick ratio of 0.81 and a debt-to-equity ratio of 0.11.

Oxford Industries (NYSE:OXM) last posted its quarterly earnings results on Wednesday, March 28th. The textile maker reported $0.93 earnings per share for the quarter, beating the consensus estimate of $0.92 by $0.01. The firm had revenue of $293.00 million for the quarter, compared to analyst estimates of $293.19 million. Oxford Industries had a return on equity of 15.02% and a net margin of 5.99%. Oxford Industries’s quarterly revenue was up 12.3% on a year-over-year basis. During the same period in the previous year, the firm earned $0.90 earnings per share. equities research analysts predict that Oxford Industries will post 4.57 EPS for the current year.

The company also recently announced a quarterly dividend, which was paid on Friday, May 4th. Shareholders of record on Friday, April 20th were paid a $0.34 dividend. The ex-dividend date of this dividend was Thursday, April 19th. This represents a $1.36 dividend on an annualized basis and a yield of 1.72%. This is an increase from Oxford Industries’s previous quarterly dividend of $0.27. Oxford Industries’s payout ratio is 37.16%.

In other Oxford Industries news, CFO Scott Grassmyer sold 4,665 shares of the business’s stock in a transaction dated Monday, April 16th. The stock was sold at an average price of $77.65, for a total value of $362,237.25. Following the transaction, the chief financial officer now owns 36,440 shares in the company, valued at $2,829,566. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Thomas Caldecot Chubb III sold 3,500 shares of the business’s stock in a transaction dated Monday, April 16th. The shares were sold at an average price of $76.97, for a total value of $269,395.00. Following the completion of the transaction, the chief executive officer now owns 114,514 shares in the company, valued at approximately $8,814,142.58. The disclosure for this sale can be found here. Insiders sold 13,165 shares of company stock worth $1,016,482 in the last 90 days. Corporate insiders own 2.07% of the company’s stock.

OXM has been the topic of a number of recent analyst reports. Zacks Investment Research raised Oxford Industries from a “hold” rating to a “buy” rating and set a $86.00 target price on the stock in a research report on Tuesday, March 27th. SunTrust Banks set a $90.00 price target on Oxford Industries and gave the company a “buy” rating in a research report on Thursday, March 29th. Telsey Advisory Group reissued a “market perform” rating and set a $88.00 price target (down from $91.00) on shares of Oxford Industries in a research report on Thursday, March 29th. ValuEngine lowered Oxford Industries from a “buy” rating to a “hold” rating in a research report on Thursday, March 29th. Finally, Citigroup reissued a “buy” rating and set a $90.00 price target on shares of Oxford Industries in a research report on Wednesday, April 18th. Four research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. Oxford Industries has an average rating of “Buy” and a consensus price target of $83.33.

Oxford Industries Company Profile

Oxford Industries, Inc, an apparel company, designs, sources, markets, and distributes products of company owned and licensed brands, and private labels apparel products worldwide. The company offers men's and women's sportswear and related products under the Tommy Bahama brand; women's and girl's dresses and sportswear, scarves, bags, jewelry, and belts, as well as footwear and children's apparel under the Lilly Pulitzer brand; and men's shirts, pants, shorts, outerwear, ties, swimwear, footwear, and accessories, as well as women's products under the Southern Tide brand.

Institutional Ownership by Quarter for Oxford Industries (NYSE:OXM)

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