Oxford Industries, Inc. (NYSE:OXM) Director Dennis M. Love sold 1,500 shares of the firm’s stock in a transaction dated Friday, December 8th. The stock was sold at an average price of $72.09, for a total value of $108,135.00. Following the sale, the director now directly owns 17,002 shares in the company, valued at approximately $1,225,674.18. The sale was disclosed in a document filed with the SEC, which is accessible through this link.
Oxford Industries, Inc. (NYSE:OXM) traded down $1.60 during trading hours on Monday, reaching $70.98. The company had a trading volume of 153,600 shares, compared to its average volume of 163,430. The stock has a market cap of $1,194.82, a P/E ratio of 21.13, a PEG ratio of 1.93 and a beta of 0.39. The company has a quick ratio of 0.91, a current ratio of 1.99 and a debt-to-equity ratio of 0.18. Oxford Industries, Inc. has a 12-month low of $49.50 and a 12-month high of $73.62.
Oxford Industries (NYSE:OXM) last announced its earnings results on Tuesday, December 5th. The textile maker reported $0.17 earnings per share for the quarter, beating the consensus estimate of $0.12 by $0.05. Oxford Industries had a return on equity of 14.26% and a net margin of 4.83%. The company had revenue of $236.00 million for the quarter, compared to the consensus estimate of $242.98 million. During the same period last year, the business posted ($0.07) EPS. The company’s revenue was up 6.2% on a year-over-year basis. equities research analysts predict that Oxford Industries, Inc. will post 3.67 EPS for the current fiscal year.
Several hedge funds have recently made changes to their positions in OXM. Pinebridge Investments L.P. grew its stake in shares of Oxford Industries by 1.5% in the 2nd quarter. Pinebridge Investments L.P. now owns 1,977 shares of the textile maker’s stock valued at $124,000 after purchasing an additional 30 shares during the last quarter. Stifel Financial Corp purchased a new position in shares of Oxford Industries in the 2nd quarter valued at approximately $202,000. Piedmont Investment Advisors LLC purchased a new position in shares of Oxford Industries in the 2nd quarter valued at approximately $203,000. Macquarie Group Ltd. purchased a new position in shares of Oxford Industries in the 3rd quarter valued at approximately $205,000. Finally, Raymond James Financial Services Advisors Inc. purchased a new position in shares of Oxford Industries in the 3rd quarter valued at approximately $222,000. Institutional investors own 89.14% of the company’s stock.
A number of research firms recently issued reports on OXM. Zacks Investment Research upgraded Oxford Industries from a “hold” rating to a “buy” rating and set a $81.00 price target on the stock in a research note on Friday. SunTrust Banks restated a “buy” rating on shares of Oxford Industries in a research note on Thursday. Telsey Advisory Group raised their price target on Oxford Industries from $58.00 to $65.00 and gave the stock a “market perform” rating in a research note on Thursday, November 30th. Needham & Company LLC downgraded Oxford Industries from a “buy” rating to a “hold” rating and set a $68.00 price target on the stock. in a research note on Friday, December 1st. They noted that the move was a valuation call. Finally, DA Davidson set a $71.00 price target on Oxford Industries and gave the stock a “hold” rating in a research note on Wednesday, December 6th. Four analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of $71.20.
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Oxford Industries Company Profile
Oxford Industries, Inc is an apparel company. The Company designs, sources, markets and distributes products bearing the trademarks of its owned Tommy Bahama, Lilly Pulitzer and Southern Tide lifestyle brands, other owned brands and licensed brands, as well as private label apparel products. It distributes its lifestyle branded products through its direct to consumer channels, consisting of its Tommy Bahama and Lilly Pulitzer full-price retail stores and its e-commerce sites for Tommy Bahama, Lilly Pulitzer and Southern Tide, and through its wholesale distribution channels.
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