California State Teachers Retirement System Sells 800 Shares of Oxford Industries, Inc. (OXM)

California State Teachers Retirement System lessened its holdings in Oxford Industries, Inc. (NYSE:OXM) by 2.7% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 29,162 shares of the textile maker’s stock after selling 800 shares during the period. California State Teachers Retirement System owned 0.17% of Oxford Industries worth $1,822,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. California Public Employees Retirement System lifted its holdings in shares of Oxford Industries by 3.4% in the second quarter. California Public Employees Retirement System now owns 58,300 shares of the textile maker’s stock valued at $3,643,000 after purchasing an additional 1,900 shares in the last quarter. Morgan Stanley lifted its holdings in shares of Oxford Industries by 412.2% in the first quarter. Morgan Stanley now owns 251,504 shares of the textile maker’s stock valued at $14,401,000 after purchasing an additional 202,405 shares in the last quarter. Bank of America Corp DE lifted its holdings in shares of 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 purchasing an additional 19,675 shares in the last quarter. Goldman Sachs Group Inc. lifted its holdings in shares of Oxford Industries by 60.9% in the second quarter. Goldman Sachs Group Inc. now owns 44,747 shares of the textile maker’s stock valued at $2,796,000 after purchasing an additional 16,943 shares in the last quarter. Finally, Alps Advisors Inc. lifted its holdings in shares of Oxford Industries by 0.3% in the second quarter. Alps Advisors Inc. now owns 9,005 shares of the textile maker’s stock valued at $563,000 after purchasing an additional 23 shares in the last quarter. 86.91% of the stock is currently owned by institutional investors.

Several brokerages have issued reports on OXM. Zacks Investment Research downgraded shares of Oxford Industries from a “buy” rating to a “hold” rating in a report on Wednesday, September 6th. FBR & Co reaffirmed a “buy” rating and issued a $75.00 price target on shares of Oxford Industries in a report on Tuesday, September 12th. B. Riley reaffirmed a “buy” rating on shares of Oxford Industries in a report on Wednesday, November 1st. BidaskClub downgraded shares of Oxford Industries from a “buy” rating to a “hold” rating in a report on Saturday, August 5th. Finally, Needham & Company LLC set a $62.00 price target on shares of Oxford Industries and gave the company a “buy” rating in a report on Monday, October 16th. Four equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. The stock has an average rating of “Buy” and a consensus target price of $66.78.

Oxford Industries, Inc. (NYSE OXM) opened at $64.41 on Friday. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.68 and a quick ratio of 0.70. The firm has a market cap of $1,063.62, a P/E ratio of 20.26, a PEG ratio of 1.74 and a beta of 0.37. Oxford Industries, Inc. has a 52-week low of $49.50 and a 52-week high of $76.19.

Oxford Industries (NYSE:OXM) last posted its quarterly earnings data on Thursday, August 31st. The textile maker reported $1.44 earnings per share for the quarter, beating analysts’ consensus estimates of $1.43 by $0.01. The business had revenue of $284.70 million during the quarter, compared to analyst estimates of $291.34 million. Oxford Industries had a net margin of 4.64% and a return on equity of 13.56%. The company’s revenue was up .6% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.48 earnings per share. analysts forecast that Oxford Industries, Inc. will post 3.62 EPS for the current year.

The business also recently declared a quarterly dividend, which was paid on Friday, October 27th. Investors of record on Friday, October 13th were given a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a yield of 1.68%. The ex-dividend date was Thursday, October 12th. Oxford Industries’s dividend payout ratio (DPR) is 37.37%.

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Oxford Industries Company Profile

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.

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

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