Chartwell Investment Partners LLC Acquires 4,039 Shares of Oxford Industries Inc (NYSE:OXM)

Chartwell Investment Partners LLC increased its holdings in Oxford Industries Inc (NYSE:OXM) by 3.9% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 107,650 shares of the textile maker’s stock after purchasing an additional 4,039 shares during the period. Chartwell Investment Partners LLC owned 0.64% of Oxford Industries worth $4,738,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of the business. Silvercrest Asset Management Group LLC raised its position in shares of Oxford Industries by 4.4% during the first quarter. Silvercrest Asset Management Group LLC now owns 875,446 shares of the textile maker’s stock valued at $31,744,000 after buying an additional 37,145 shares during the last quarter. State Street Corp increased its holdings in Oxford Industries by 7.8% in the 1st quarter. State Street Corp now owns 550,839 shares of the textile maker’s stock valued at $19,973,000 after acquiring an additional 40,006 shares during the last quarter. Norges Bank purchased a new stake in Oxford Industries in the 4th quarter worth $21,374,000. FMR LLC lifted its stake in Oxford Industries by 5.4% in the 1st quarter. FMR LLC now owns 279,372 shares of the textile maker’s stock worth $21,025,000 after purchasing an additional 14,361 shares in the last quarter. Finally, Geode Capital Management LLC boosted its holdings in shares of Oxford Industries by 6.4% during the 1st quarter. Geode Capital Management LLC now owns 236,073 shares of the textile maker’s stock valued at $8,560,000 after purchasing an additional 14,250 shares during the last quarter. Institutional investors and hedge funds own 94.94% of the company’s stock.

NYSE:OXM opened at $42.94 on Friday. The firm has a market capitalization of $717.87 million, a PE ratio of -34.08 and a beta of 1.25. The stock’s fifty day moving average is $43.51 and its 200 day moving average is $49.54. Oxford Industries Inc has a fifty-two week low of $30.37 and a fifty-two week high of $80.55. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.66 and a current ratio of 2.77.

Oxford Industries (NYSE:OXM) last posted its quarterly earnings data on Wednesday, June 10th. The textile maker reported ($1.12) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.27) by ($0.85). The firm had revenue of $160.34 million for the quarter, compared to the consensus estimate of $182.43 million. Oxford Industries had a negative net margin of 1.99% and a positive return on equity of 6.56%. Equities analysts forecast that Oxford Industries Inc will post -1.5 EPS for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, July 31st. Investors of record on Friday, July 17th were given a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 2.33%. The ex-dividend date of this dividend was Thursday, July 16th. Oxford Industries’s dividend payout ratio (DPR) is currently 23.15%.

A number of research firms recently commented on OXM. Zacks Investment Research downgraded Oxford Industries from a “hold” rating to a “strong sell” rating in a research report on Tuesday, June 16th. B. Riley reiterated a “buy” rating and set a $62.00 target price on shares of Oxford Industries in a research report on Thursday, June 11th. Needham & Company LLC raised their target price on shares of Oxford Industries from $50.00 to $62.00 and gave the company a “buy” rating in a report on Monday, June 8th. KeyCorp reaffirmed a “buy” rating and set a $54.00 price target on shares of Oxford Industries in a research note on Monday, July 27th. Finally, ValuEngine upgraded shares of Oxford Industries from a “hold” rating to a “buy” rating in a research report on Wednesday, June 17th. One research analyst has rated the stock with a sell rating, two have given a hold rating and five have issued a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus target price of $60.00.

Oxford Industries Company 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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