Semanteon Capital Management LP Takes Position in Oxford Industries, Inc. (NYSE:OXM)

Semanteon Capital Management LP purchased a new position in shares of Oxford Industries, Inc. (NYSE:OXM) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 9,088 shares of the textile maker’s stock, valued at approximately $788,000. Semanteon Capital Management LP owned 0.06% of Oxford Industries as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of the business. Vanguard Group Inc. grew its holdings in Oxford Industries by 0.3% in the first quarter. Vanguard Group Inc. now owns 1,767,543 shares of the textile maker’s stock worth $198,672,000 after purchasing an additional 4,869 shares during the period. Pacer Advisors Inc. purchased a new position in Oxford Industries during the second quarter worth about $54,882,000. Victory Capital Management Inc. boosted its stake in shares of Oxford Industries by 21.7% in the 2nd quarter. Victory Capital Management Inc. now owns 496,092 shares of the textile maker’s stock worth $49,684,000 after buying an additional 88,345 shares during the last quarter. William Blair Investment Management LLC grew its position in Oxford Industries by 18.2% during the first quarter. William Blair Investment Management LLC now owns 371,168 shares of the textile maker’s stock valued at $41,719,000 after buying an additional 57,117 shares during the period. Finally, American Century Companies Inc. increased its position in Oxford Industries by 25.1% in the second quarter. American Century Companies Inc. now owns 361,940 shares of the textile maker’s stock worth $36,248,000 after buying an additional 72,605 shares during the last quarter. Institutional investors own 91.16% of the company’s stock.

Insider Transactions at Oxford Industries

In other Oxford Industries news, EVP Scott Grassmyer sold 1,495 shares of the company’s stock in a transaction that occurred on Tuesday, September 24th. The shares were sold at an average price of $86.77, for a total transaction of $129,721.15. Following the completion of the sale, the executive vice president now directly owns 31,428 shares of the company’s stock, valued at approximately $2,727,007.56. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 5.70% of the company’s stock.

Oxford Industries Trading Up 1.1 %

Shares of OXM stock traded up $0.83 during midday trading on Monday, reaching $75.72. 12,019 shares of the stock were exchanged, compared to its average volume of 271,613. Oxford Industries, Inc. has a 1 year low of $73.44 and a 1 year high of $113.88. The firm has a market cap of $1.19 billion, a PE ratio of 30.32 and a beta of 1.53. The company’s 50 day moving average is $82.42 and its two-hundred day moving average is $95.34.

Oxford Industries (NYSE:OXM) last released its earnings results on Wednesday, September 11th. The textile maker reported $2.77 EPS for the quarter, missing analysts’ consensus estimates of $3.00 by ($0.23). The company had revenue of $419.89 million during the quarter, compared to analysts’ expectations of $438.16 million. Oxford Industries had a return on equity of 21.93% and a net margin of 1.92%. The company’s revenue was down .1% on a year-over-year basis. During the same period in the prior year, the company posted $3.45 earnings per share. As a group, equities analysts expect that Oxford Industries, Inc. will post 7.16 EPS for the current fiscal year.

Oxford Industries Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, November 1st. Shareholders of record on Friday, October 18th will be given a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a yield of 3.54%. The ex-dividend date of this dividend is Friday, October 18th. Oxford Industries’s dividend payout ratio (DPR) is presently 108.50%.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the stock. Telsey Advisory Group lowered their target price on shares of Oxford Industries from $110.00 to $86.00 and set a “market perform” rating on the stock in a research note on Thursday, September 12th. Citigroup cut their price target on shares of Oxford Industries from $92.00 to $65.00 and set a “sell” rating for the company in a research report on Friday, September 13th. Finally, UBS Group decreased their price objective on Oxford Industries from $101.00 to $91.00 and set a “neutral” rating on the stock in a report on Thursday, September 5th. One equities research analyst has rated the stock with a sell rating and five have issued a hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of $83.00.

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.