Leeward Investments LLC MA Sells 473 Shares of Oxford Industries, Inc. (NYSE:OXM)

Leeward Investments LLC MA trimmed its stake in shares of Oxford Industries, Inc. (NYSE:OXM) by 0.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 60,933 shares of the textile maker’s stock after selling 473 shares during the quarter. Leeward Investments LLC MA’s holdings in Oxford Industries were worth $6,093,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Wellington Management Group LLP grew its position in Oxford Industries by 717.9% during the 3rd quarter. Wellington Management Group LLP now owns 373,847 shares of the textile maker’s stock worth $35,938,000 after acquiring an additional 328,140 shares during the last quarter. William Blair Investment Management LLC grew its position in Oxford Industries by 21.7% during the 3rd quarter. William Blair Investment Management LLC now owns 319,815 shares of the textile maker’s stock worth $30,744,000 after acquiring an additional 57,091 shares during the last quarter. American Century Companies Inc. lifted its holdings in Oxford Industries by 15.2% in the 3rd quarter. American Century Companies Inc. now owns 200,637 shares of the textile maker’s stock worth $19,287,000 after buying an additional 26,532 shares during the period. Fort Washington Investment Advisors Inc. OH lifted its holdings in Oxford Industries by 19.0% in the 4th quarter. Fort Washington Investment Advisors Inc. OH now owns 188,933 shares of the textile maker’s stock worth $18,893,000 after buying an additional 30,130 shares during the period. Finally, Charles Schwab Investment Management Inc. lifted its holdings in Oxford Industries by 4.4% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 186,652 shares of the textile maker’s stock worth $17,943,000 after buying an additional 7,837 shares during the period. 91.16% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

OXM has been the subject of several research analyst reports. UBS Group dropped their price objective on Oxford Industries from $106.00 to $104.00 and set a “neutral” rating for the company in a report on Monday, April 1st. Citigroup cut Oxford Industries from a “neutral” rating to a “sell” rating and dropped their price objective for the stock from $98.00 to $94.00 in a report on Monday, April 1st. Finally, Telsey Advisory Group reiterated a “market perform” rating and issued a $110.00 price objective on shares of Oxford Industries in a report on Wednesday. One analyst has rated the stock with a sell rating, five have given a hold rating and one has given a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $103.60.

Insider Activity

In other news, CEO Douglas B. Wood sold 33,587 shares of the firm’s stock in a transaction that occurred on Friday, April 5th. The stock was sold at an average price of $104.95, for a total value of $3,524,955.65. Following the completion of the transaction, the chief executive officer now owns 12,394 shares in the company, valued at approximately $1,300,750.30. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 6.00% of the stock is currently owned by company insiders.

Oxford Industries Stock Up 0.9 %

Shares of OXM traded up $0.97 on Friday, reaching $106.72. The stock had a trading volume of 165,107 shares, compared to its average volume of 200,001. The firm has a market capitalization of $1.67 billion, a price-to-earnings ratio of 28.92 and a beta of 1.60. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.55 and a current ratio of 1.22. The company has a 50-day simple moving average of $105.17 and a 200-day simple moving average of $98.26. Oxford Industries, Inc. has a 12-month low of $82.33 and a 12-month high of $113.88.

Oxford Industries (NYSE:OXM) last released its earnings results on Thursday, March 28th. The textile maker reported $1.90 EPS for the quarter, missing analysts’ consensus estimates of $1.92 by ($0.02). The firm had revenue of $404.43 million during the quarter, compared to analysts’ expectations of $408.28 million. Oxford Industries had a net margin of 3.86% and a return on equity of 26.71%. The company’s revenue for the quarter was up 5.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.28 EPS. Sell-side analysts predict that Oxford Industries, Inc. will post 9.47 EPS for the current year.

Oxford Industries Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, May 3rd. Stockholders of record on Friday, April 19th will be paid a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a dividend yield of 2.51%. The ex-dividend date is Thursday, April 18th. This is a boost from Oxford Industries’s previous quarterly dividend of $0.65. Oxford Industries’s dividend payout ratio (DPR) is presently 72.63%.

About Oxford Industries

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; 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; and men, women, and kids products under the Southern Tide brand.