Legal & General Group Plc increased its holdings in shares of Oxford Industries Inc (NYSE:OXM) by 7.3% in the 3rd quarter, Holdings Channel reports. The firm owned 39,416 shares of the textile maker’s stock after acquiring an additional 2,672 shares during the quarter. Legal & General Group Plc’s holdings in Oxford Industries were worth $3,548,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Teachers Advisors LLC increased its stake in Oxford Industries by 2.1% during the third quarter. Teachers Advisors LLC now owns 32,105 shares of the textile maker’s stock valued at $2,896,000 after acquiring an additional 657 shares during the period. Riverhead Capital Management LLC increased its stake in Oxford Industries by 33.9% during the third quarter. Riverhead Capital Management LLC now owns 2,765 shares of the textile maker’s stock valued at $250,000 after acquiring an additional 700 shares during the period. Congress Asset Management Co. MA increased its stake in Oxford Industries by 1.4% during the third quarter. Congress Asset Management Co. MA now owns 53,595 shares of the textile maker’s stock valued at $4,834,000 after acquiring an additional 731 shares during the period. Tower Research Capital LLC TRC increased its stake in Oxford Industries by 167.2% during the third quarter. Tower Research Capital LLC TRC now owns 1,189 shares of the textile maker’s stock valued at $107,000 after acquiring an additional 744 shares during the period. Finally, Brown Advisory Inc. increased its stake in Oxford Industries by 7.7% during the third quarter. Brown Advisory Inc. now owns 13,660 shares of the textile maker’s stock valued at $1,232,000 after acquiring an additional 975 shares during the period. 88.42% of the stock is owned by institutional investors and hedge funds.

Several equities analysts recently issued reports on the company. Zacks Investment Research lowered Oxford Industries from a “hold” rating to a “sell” rating in a research note on Saturday, December 15th. Telsey Advisory Group lowered their price target on Oxford Industries from $93.00 to $76.00 and set a “market perform” rating on the stock in a research note on Thursday, December 13th. ValuEngine lowered Oxford Industries from a “buy” rating to a “hold” rating in a research note on Friday, November 30th. KeyCorp lowered their price target on Oxford Industries from $104.00 to $90.00 and set an “overweight” rating on the stock in a research note on Thursday, December 13th. Finally, DA Davidson lowered Oxford Industries from a “buy” rating to a “neutral” rating and set a $71.00 price objective on the stock. in a research note on Thursday, December 13th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and five have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $90.00.

In other Oxford Industries news, Director John R. Holder purchased 500 shares of the firm’s stock in a transaction that occurred on Tuesday, December 18th. The shares were acquired at an average cost of $69.89 per share, for a total transaction of $34,945.00. Following the transaction, the director now directly owns 21,134 shares in the company, valued at $1,477,055.26. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 2.07% of the company’s stock.

OXM stock opened at $75.33 on Friday. Oxford Industries Inc has a 1-year low of $63.50 and a 1-year high of $97.19. The company has a market capitalization of $1.27 billion, a PE ratio of 20.58, a P/E/G ratio of 1.74 and a beta of 0.28. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.91 and a current ratio of 2.02.

Oxford Industries (NYSE:OXM) last released its quarterly earnings data on Wednesday, December 12th. The textile maker reported $0.14 earnings per share for the quarter, missing the consensus estimate of $0.17 by ($0.03). Oxford Industries had a net margin of 6.69% and a return on equity of 15.56%. The company had revenue of $233.70 million during the quarter, compared to the consensus estimate of $242.45 million. During the same quarter in the prior year, the company posted $0.17 earnings per share. The company’s revenue for the quarter was down 1.0% on a year-over-year basis. Analysts forecast that Oxford Industries Inc will post 4.3 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 1st. Stockholders of record on Friday, January 18th will be paid a $0.34 dividend. The ex-dividend date is Thursday, January 17th. This represents a $1.36 annualized dividend and a dividend yield of 1.81%. Oxford Industries’s dividend payout ratio is currently 37.16%.

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About Oxford Industries

Oxford Industries, Inc, an apparel company, designs, sources, markets, and distributes products of company owned and licensed brands, and private labels apparel products 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 footwear and children's apparel under the Lilly Pulitzer brand; and men's shirts, pants, shorts, outerwear, ties, swimwear, footwear, and accessories, as well as women's products under the Southern Tide brand.

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

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