State of Alaska Department of Revenue raised its position in Oxford Industries, Inc. (NYSE:OXM) by 79.8% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,966 shares of the textile maker’s stock after buying an additional 1,316 shares during the period. State of Alaska Department of Revenue’s holdings in Oxford Industries were worth $185,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the company. Teachers Retirement System of The State of Kentucky increased its position in shares of Oxford Industries by 201.1% in the first quarter. Teachers Retirement System of The State of Kentucky now owns 18,970 shares of the textile maker’s stock worth $1,086,000 after buying an additional 12,670 shares during the period. Westwood Holdings Group Inc. raised its position in Oxford Industries by 11.8% in the first quarter. Westwood Holdings Group Inc. now owns 237,110 shares of the textile maker’s stock valued at $13,577,000 after buying an additional 25,035 shares in the last quarter. Paloma Partners Management Co raised its position in Oxford Industries by 119.4% in the first quarter. Paloma Partners Management Co now owns 43,324 shares of the textile maker’s stock valued at $2,481,000 after buying an additional 23,574 shares in the last quarter. State Street Corp raised its position in Oxford Industries by 7.2% in the first quarter. State Street Corp now owns 353,079 shares of the textile maker’s stock valued at $20,218,000 after buying an additional 23,768 shares in the last quarter. Finally, Bank of America Corp DE raised its position in Oxford Industries by 14.8% in the first quarter. Bank of America Corp DE now owns 152,993 shares of the textile maker’s stock valued at $8,760,000 after buying an additional 19,675 shares in the last quarter. 89.20% of the stock is owned by institutional investors.

Oxford Industries, Inc. (NYSE:OXM) traded up 0.314% during trading on Monday, reaching $62.265. 16,724 shares of the company’s stock traded hands. The company has a market cap of $1.05 billion, a PE ratio of 20.972 and a beta of 0.40. The company has a 50 day moving average price of $61.88 and a 200-day moving average price of $57.23. Oxford Industries, Inc. has a 12-month low of $49.50 and a 12-month high of $76.19.

Oxford Industries (NYSE:OXM) last announced its quarterly earnings data on Tuesday, June 6th. The textile maker reported $1.12 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.04 by $0.08. Oxford Industries had a net margin of 4.76% and a return on equity of 14.00%. The business had revenue of $272.40 million for the quarter, compared to analyst estimates of $273.40 million. During the same period last year, the business earned $1.26 EPS. The company’s revenue was up 6.3% on a year-over-year basis. On average, equities research analysts forecast that Oxford Industries, Inc. will post $3.59 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, July 28th. Stockholders of record on Friday, July 14th were issued a $0.27 dividend. The ex-dividend date of this dividend was Wednesday, July 12th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.74%. Oxford Industries’s payout ratio is 36.36%.

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Several research firms have issued reports on OXM. BidaskClub lowered shares of Oxford Industries from a “buy” rating to a “hold” rating in a report on Saturday. Needham & Company LLC began coverage on shares of Oxford Industries in a report on Tuesday, July 18th. They issued a “buy” rating and a $68.00 price target on the stock. FBR & Co began coverage on shares of Oxford Industries in a report on Tuesday, July 11th. They issued an “outperform” rating and a $75.00 price target on the stock. TheStreet raised shares of Oxford Industries from a “c+” rating to a “b-” rating in a report on Thursday, June 15th. Finally, B. Riley reaffirmed a “buy” rating and issued a $66.00 price target on shares of Oxford Industries in a report on Saturday, June 10th. Three analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. Oxford Industries currently has a consensus rating of “Buy” and an average price target of $71.33.

About Oxford Industries

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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Institutional Ownership by Quarter for Oxford Industries (NYSE:OXM)

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