Linden Thomas Advisory Services LLC Acquires New Holdings in Oxford Industries, Inc. (NYSE:OXM)

Linden Thomas Advisory Services LLC acquired a new stake in shares of Oxford Industries, Inc. (NYSE:OXM – Get Rating) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 13,014 shares of the textile maker’s stock, valued at approximately $1,213,000. Linden Thomas Advisory Services LLC owned 0.08% of Oxford Industries as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the business. Affinity Investment Advisors LLC increased its holdings in Oxford Industries by 0.9% during the fourth quarter. Affinity Investment Advisors LLC now owns 9,871 shares of the textile maker’s stock valued at $920,000 after buying an additional 90 shares during the period. Meritage Portfolio Management boosted its stake in Oxford Industries by 3.5% in the fourth quarter. Meritage Portfolio Management now owns 3,164 shares of the textile maker’s stock valued at $295,000 after acquiring an additional 108 shares in the last quarter. Mercer Global Advisors Inc. ADV boosted its stake in Oxford Industries by 3.8% in the third quarter. Mercer Global Advisors Inc. ADV now owns 3,533 shares of the textile maker’s stock valued at $317,000 after acquiring an additional 129 shares in the last quarter. Gables Capital Management Inc. boosted its stake in Oxford Industries by 1.6% in the fourth quarter. Gables Capital Management Inc. now owns 8,324 shares of the textile maker’s stock valued at $776,000 after acquiring an additional 130 shares in the last quarter. Finally, Captrust Financial Advisors boosted its stake in Oxford Industries by 8.1% in the second quarter. Captrust Financial Advisors now owns 2,221 shares of the textile maker’s stock valued at $197,000 after acquiring an additional 166 shares in the last quarter. 92.94% of the stock is owned by hedge funds and other institutional investors.

Oxford Industries Trading Up 1.1 %

NYSE:OXM opened at $102.57 on Friday. Oxford Industries, Inc. has a 12 month low of $82.14 and a 12 month high of $123.37. The firm has a fifty day simple moving average of $103.42 and a 200-day simple moving average of $106.84. The company has a current ratio of 1.35, a quick ratio of 0.61 and a debt-to-equity ratio of 0.16. The company has a market capitalization of $1.61 billion, a P/E ratio of 9.91 and a beta of 1.55.

Oxford Industries (NYSE:OXM – Get Rating) last posted its quarterly earnings data on Thursday, March 23rd. The textile maker reported $2.28 EPS for the quarter, topping the consensus estimate of $2.14 by $0.14. Oxford Industries had a net margin of 11.28% and a return on equity of 32.20%. The business had revenue of $382.48 million during the quarter, compared to the consensus estimate of $377.38 million. During the same period in the previous year, the firm posted $1.68 earnings per share. The business’s revenue for the quarter was up 27.5% compared to the same quarter last year. On average, equities research analysts anticipate that Oxford Industries, Inc. will post 11.05 earnings per share for the current year.

Oxford Industries Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, July 28th. Investors of record on Friday, July 14th will be issued a dividend of $0.65 per share. The ex-dividend date of this dividend is Thursday, July 13th. This represents a $2.60 annualized dividend and a dividend yield of 2.53%. Oxford Industries’s dividend payout ratio (DPR) is presently 25.12%.

Insider Buying and Selling

In related news, Director Dennis M. Love sold 1,000 shares of the firm’s stock in a transaction on Friday, April 21st. The shares were sold at an average price of $105.93, for a total transaction of $105,930.00. Following the completion of the transaction, the director now owns 15,892 shares of the company’s stock, valued at $1,683,439.56. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 6.00% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on OXM shares. StockNews.com downgraded shares of Oxford Industries from a “buy” rating to a “hold” rating in a research note on Friday, June 9th. Citigroup lowered their target price on shares of Oxford Industries from $110.00 to $101.00 in a research note on Thursday, June 8th. Finally, Telsey Advisory Group restated a “market perform” rating and issued a $125.00 target price on shares of Oxford Industries in a research note on Friday, March 24th. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat, Oxford Industries currently has an average rating of “Hold” and an average target price of $126.20.

About Oxford Industries

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Oxford Industries, Inc engages in the design, sourcing, marketing, and distribution of apparel products. Its brands include Tommy Bahama, Lilly Pulitzer, Southern Tide, Johnny Was, TBBC, and Duck Head. The company was founded by John Hicks Lanier and Sartain Lanier in 1942 and is headquartered in Atlanta, GA.

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