Leeward Investments LLC MA Sells 205 Shares of Oxford Industries, Inc. (NYSE:OXM)

Leeward Investments LLC MA trimmed its holdings in shares of Oxford Industries, Inc. (NYSE:OXM) by 0.3% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 61,501 shares of the textile maker’s stock after selling 205 shares during the quarter. Leeward Investments LLC MA’s holdings in Oxford Industries were worth $5,336,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of OXM. 1620 Investment Advisors Inc. bought a new position in shares of Oxford Industries in the second quarter valued at approximately $28,000. Quarry LP lifted its position in Oxford Industries by 4,650.0% during the 2nd quarter. Quarry LP now owns 475 shares of the textile maker’s stock worth $48,000 after acquiring an additional 465 shares during the last quarter. Natixis acquired a new stake in shares of Oxford Industries in the first quarter valued at about $109,000. SG Americas Securities LLC bought a new position in shares of Oxford Industries in the first quarter worth about $137,000. Finally, Truvestments Capital LLC acquired a new position in shares of Oxford Industries during the 1st quarter worth about $209,000. 91.16% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, EVP Scott Grassmyer sold 1,495 shares of the business’s stock in a transaction on Tuesday, September 24th. The shares were sold at an average price of $86.77, for a total value of $129,721.15. Following the sale, the executive vice president now owns 31,428 shares in the company, valued at approximately $2,727,007.56. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 5.70% of the company’s stock.

Oxford Industries Price Performance

Shares of OXM stock opened at $77.84 on Friday. Oxford Industries, Inc. has a one year low of $72.24 and a one year high of $113.88. The stock has a fifty day moving average price of $80.47 and a 200 day moving average price of $93.64. The stock has a market cap of $1.22 billion, a P/E ratio of 42.77 and a beta of 1.55.

Oxford Industries (NYSE:OXM) last issued its earnings results on Wednesday, September 11th. The textile maker reported $2.77 earnings per share for the quarter, missing the consensus estimate of $3.00 by ($0.23). The business had revenue of $419.89 million for the quarter, compared to analyst estimates of $438.16 million. Oxford Industries had a net margin of 1.92% and a return on equity of 21.93%. Oxford Industries’s revenue was down .1% on a year-over-year basis. During the same quarter last year, the firm posted $3.45 earnings per share. Equities research analysts anticipate that Oxford Industries, Inc. will post 7.16 EPS for the current year.

Oxford Industries Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, November 1st. Shareholders of record on Friday, October 18th were given a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a yield of 3.44%. The ex-dividend date was Friday, October 18th. Oxford Industries’s dividend payout ratio (DPR) is 147.25%.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the company. Telsey Advisory Group dropped their price target on Oxford Industries from $110.00 to $86.00 and set a “market perform” rating on the stock in a research report on Thursday, September 12th. UBS Group cut their target price on shares of Oxford Industries from $101.00 to $91.00 and set a “neutral” rating for the company in a research note on Thursday, September 5th. Finally, Citigroup dropped their price objective on shares of Oxford Industries from $92.00 to $65.00 and set a “sell” rating on the stock in a report on Friday, September 13th.

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.