Oxford Industries (NYSE:OXM) released its quarterly earnings data on Wednesday. The textile maker reported $1.84 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.86 by ($0.02), Briefing.com reports. Oxford Industries had a net margin of 6.27% and a return on equity of 15.36%. The company had revenue of $302.00 million during the quarter, compared to analyst estimates of $306.98 million. During the same quarter in the prior year, the firm earned $1.83 earnings per share. Oxford Industries’s revenue for the quarter was down .2% on a year-over-year basis.
Shares of Oxford Industries stock opened at $73.93 on Friday. The firm has a 50-day moving average of $69.54 and a 200-day moving average of $74.23. The stock has a market cap of $1.35 billion, a PE ratio of 18.23, a PEG ratio of 1.74 and a beta of 0.48. Oxford Industries has a 52-week low of $63.50 and a 52-week high of $93.52. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.70 and a current ratio of 1.64.
The firm also recently announced a quarterly dividend, which will be paid on Friday, November 1st. Stockholders of record on Friday, October 18th will be given a $0.37 dividend. The ex-dividend date is Thursday, October 17th. This represents a $1.48 dividend on an annualized basis and a dividend yield of 2.00%. Oxford Industries’s payout ratio is presently 34.26%.
Several institutional investors have recently made changes to their positions in the company. Mason Street Advisors LLC boosted its position in shares of Oxford Industries by 3.4% in the first quarter. Mason Street Advisors LLC now owns 5,445 shares of the textile maker’s stock valued at $410,000 after acquiring an additional 181 shares during the period. Arizona State Retirement System lifted its position in Oxford Industries by 1.0% during the second quarter. Arizona State Retirement System now owns 26,403 shares of the textile maker’s stock worth $2,001,000 after purchasing an additional 249 shares during the period. Piedmont Investment Advisors Inc. lifted its position in Oxford Industries by 6.4% during the first quarter. Piedmont Investment Advisors Inc. now owns 4,286 shares of the textile maker’s stock worth $323,000 after purchasing an additional 256 shares during the period. Price T Rowe Associates Inc. MD lifted its position in Oxford Industries by 7.8% during the second quarter. Price T Rowe Associates Inc. MD now owns 4,586 shares of the textile maker’s stock worth $348,000 after purchasing an additional 330 shares during the period. Finally, Comerica Bank lifted its position in Oxford Industries by 0.7% during the first quarter. Comerica Bank now owns 56,159 shares of the textile maker’s stock worth $4,409,000 after purchasing an additional 373 shares during the period. 98.57% of the stock is owned by institutional investors.
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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