Comerica Bank raised its holdings in Oxford Industries Inc (NYSE:OXM) by 0.7% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 56,159 shares of the textile maker’s stock after buying an additional 373 shares during the quarter. Comerica Bank’s holdings in Oxford Industries were worth $4,409,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the business. BlackRock Inc. increased its holdings in Oxford Industries by 3.1% in the 4th quarter. BlackRock Inc. now owns 2,460,403 shares of the textile maker’s stock valued at $174,788,000 after buying an additional 74,296 shares during the period. Vanguard Group Inc. increased its holdings in Oxford Industries by 0.8% in the 3rd quarter. Vanguard Group Inc. now owns 1,648,981 shares of the textile maker’s stock valued at $148,738,000 after buying an additional 12,543 shares during the period. Dimensional Fund Advisors LP increased its holdings in Oxford Industries by 0.5% in the 4th quarter. Dimensional Fund Advisors LP now owns 781,974 shares of the textile maker’s stock valued at $55,552,000 after buying an additional 4,130 shares during the period. Bank of New York Mellon Corp increased its holdings in Oxford Industries by 4.0% in the 4th quarter. Bank of New York Mellon Corp now owns 561,519 shares of the textile maker’s stock valued at $39,890,000 after buying an additional 21,596 shares during the period. Finally, Victory Capital Management Inc. increased its holdings in Oxford Industries by 5,698.2% in the 4th quarter. Victory Capital Management Inc. now owns 333,106 shares of the textile maker’s stock valued at $23,664,000 after buying an additional 327,361 shares during the period. 93.60% of the stock is currently owned by hedge funds and other institutional investors.

OXM opened at $74.02 on Thursday. The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.77 and a current ratio of 1.90. Oxford Industries Inc has a twelve month low of $63.50 and a twelve month high of $97.19. The stock has a market capitalization of $1.25 billion, a PE ratio of 17.13, a PEG ratio of 1.61 and a beta of 0.34.

Oxford Industries (NYSE:OXM) last posted its earnings results on Thursday, March 28th. The textile maker reported $1.08 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.06 by $0.02. Oxford Industries had a net margin of 5.99% and a return on equity of 15.73%. The business had revenue of $298.54 million for the quarter, compared to analyst estimates of $301.84 million. During the same quarter in the prior year, the firm earned $0.93 EPS. The firm’s quarterly revenue was up 1.8% compared to the same quarter last year. Analysts expect that Oxford Industries Inc will post 4.56 earnings per share for the current year.

The company also recently announced a quarterly dividend, which was paid on Friday, May 3rd. Stockholders of record on Thursday, April 18th were issued a $0.37 dividend. This is a positive change from Oxford Industries’s previous quarterly dividend of $0.34. The ex-dividend date of this dividend was Wednesday, April 17th. This represents a $1.48 annualized dividend and a dividend yield of 2.00%. Oxford Industries’s dividend payout ratio is presently 34.26%.

Several brokerages have issued reports on OXM. Zacks Investment Research raised shares of Oxford Industries from a “sell” rating to a “hold” rating in a report on Thursday, April 25th. Telsey Advisory Group reissued a “market perform” rating and issued a $82.00 price target (up previously from $76.00) on shares of Oxford Industries in a report on Thursday, April 18th. Finally, Citigroup began coverage on shares of Oxford Industries in a report on Tuesday, April 16th. They issued a “buy” rating on the stock. Four analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Oxford Industries presently has an average rating of “Buy” and a consensus price target of $90.75.

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Oxford Industries Profile

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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