Oxford Industries, Inc. (NYSE:OXM) CEO Thomas Caldecot Chubb III Purchases 318 Shares of Stock

Oxford Industries, Inc. (NYSE:OXMGet Free Report) CEO Thomas Caldecot Chubb III acquired 318 shares of the business’s stock in a transaction dated Friday, August 1st. The stock was purchased at an average price of $38.19 per share, with a total value of $12,144.42. Following the completion of the transaction, the chief executive officer directly owned 94,031 shares of the company’s stock, valued at $3,591,043.89. This trade represents a 0.34% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Thomas Caldecot Chubb III also recently made the following trade(s):

  • On Monday, June 16th, Thomas Caldecot Chubb III bought 6,500 shares of Oxford Industries stock. The stock was bought at an average cost of $40.12 per share, for a total transaction of $260,780.00.

Oxford Industries Trading Up 3.9%

Shares of NYSE:OXM opened at $38.42 on Tuesday. The business has a 50-day moving average price of $44.96 and a 200-day moving average price of $55.80. The company has a quick ratio of 0.64, a current ratio of 1.32 and a debt-to-equity ratio of 0.20. The stock has a market cap of $573.86 million, a price-to-earnings ratio of 7.46 and a beta of 1.38. Oxford Industries, Inc. has a 52-week low of $36.25 and a 52-week high of $96.68.

Oxford Industries (NYSE:OXMGet Free Report) last issued its quarterly earnings data on Wednesday, June 11th. The textile maker reported $1.82 EPS for the quarter, meeting the consensus estimate of $1.82. Oxford Industries had a return on equity of 14.97% and a net margin of 5.35%. The company had revenue of $392.86 million for the quarter, compared to analyst estimates of $383.54 million. During the same period last year, the company earned $2.66 earnings per share. Oxford Industries’s quarterly revenue was down 1.3% compared to the same quarter last year. Equities analysts predict that Oxford Industries, Inc. will post 6.62 EPS for the current year.

Oxford Industries Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, August 1st. Stockholders of record on Friday, July 18th were paid a $0.69 dividend. The ex-dividend date of this dividend was Friday, July 18th. This represents a $2.76 dividend on an annualized basis and a dividend yield of 7.2%. Oxford Industries’s payout ratio is currently 53.59%.

Institutional Trading of Oxford Industries

Institutional investors have recently made changes to their positions in the company. Quadrant Capital Group LLC boosted its stake in Oxford Industries by 981.6% during the fourth quarter. Quadrant Capital Group LLC now owns 411 shares of the textile maker’s stock worth $32,000 after buying an additional 373 shares during the last quarter. Caitong International Asset Management Co. Ltd purchased a new stake in shares of Oxford Industries in the 2nd quarter valued at $34,000. Blue Trust Inc. raised its holdings in shares of Oxford Industries by 124.8% in the 2nd quarter. Blue Trust Inc. now owns 1,448 shares of the textile maker’s stock valued at $58,000 after buying an additional 804 shares during the period. GAMMA Investing LLC raised its holdings in shares of Oxford Industries by 406.0% in the 2nd quarter. GAMMA Investing LLC now owns 2,095 shares of the textile maker’s stock valued at $84,000 after buying an additional 1,681 shares during the period. Finally, State of Wyoming raised its holdings in shares of Oxford Industries by 159.4% in the 1st quarter. State of Wyoming now owns 2,511 shares of the textile maker’s stock valued at $147,000 after buying an additional 1,543 shares during the period. 91.16% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

OXM has been the topic of a number of recent analyst reports. Telsey Advisory Group reaffirmed a “market perform” rating and issued a $52.00 target price on shares of Oxford Industries in a research note on Thursday, June 12th. Citigroup decreased their target price on shares of Oxford Industries from $47.00 to $44.00 and set a “sell” rating on the stock in a research note on Thursday, June 12th. UBS Group lifted their target price on shares of Oxford Industries from $54.00 to $56.00 and gave the stock a “neutral” rating in a research note on Thursday, June 5th. Finally, Truist Financial cut their price target on shares of Oxford Industries from $56.00 to $47.00 and set a “hold” rating on the stock in a report on Thursday, June 12th. One investment analyst has rated the stock with a sell rating and four have assigned a hold rating to the company’s stock. Based on data from MarketBeat.com, Oxford Industries presently has an average rating of “Hold” and a consensus price target of $55.80.

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About Oxford Industries

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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; and 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.

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