Texas Permanent School Fund Sells 80 Shares of Oxford Industries, Inc. (OXM)

Texas Permanent School Fund decreased its position in shares of Oxford Industries, Inc. (NYSE:OXM) by 0.7% during the first quarter, Holdings Channel reports. The fund owned 10,806 shares of the textile maker’s stock after selling 80 shares during the period. Texas Permanent School Fund owned about 0.06% of Oxford Industries worth $619,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of the stock. Comerica Bank increased its stake in shares of Oxford Industries by 64.1% in the fourth quarter. Comerica Bank now owns 79,813 shares of the textile maker’s stock worth $4,348,000 after buying an additional 31,179 shares during the last quarter. State Street Corp increased its stake in shares of Oxford Industries by 7.0% in the fourth quarter. State Street Corp now owns 329,311 shares of the textile maker’s stock worth $19,800,000 after buying an additional 21,602 shares during the last quarter. Dimensional Fund Advisors LP increased its stake in shares of Oxford Industries by 5.7% in the fourth quarter. Dimensional Fund Advisors LP now owns 683,921 shares of the textile maker’s stock worth $41,125,000 after buying an additional 36,584 shares during the last quarter. FMR LLC increased its stake in shares of Oxford Industries by 10.4% in the fourth quarter. FMR LLC now owns 208,469 shares of the textile maker’s stock worth $12,535,000 after buying an additional 19,600 shares during the last quarter. Finally, New York State Teachers Retirement System increased its stake in shares of Oxford Industries by 5.9% in the fourth quarter. New York State Teachers Retirement System now owns 41,337 shares of the textile maker’s stock worth $2,486,000 after buying an additional 2,300 shares during the last quarter. 90.95% of the stock is owned by hedge funds and other institutional investors.

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

Oxford Industries, Inc. (NYSE:OXM) opened at 62.66 on Friday. The company has a market cap of $1.05 billion, a P/E ratio of 21.10 and a beta of 0.39. The company has a 50-day moving average of $57.34 and a 200 day moving average of $57.42. Oxford Industries, Inc. has a one year low of $49.50 and a one year high of $76.19.

Oxford Industries (NYSE:OXM) last announced its earnings results on Tuesday, June 6th. The textile maker reported $1.12 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.04 by $0.08. Oxford Industries had a net margin of 4.76% and a return on equity of 14.00%. The business had revenue of $272.40 million for the quarter, compared to analyst estimates of $273.40 million. The company’s revenue for the quarter was up 6.3% compared to the same quarter last year. During the same quarter last year, the business earned $1.26 earnings per share. Analysts anticipate that Oxford Industries, Inc. will post $3.57 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, July 28th. Investors of record on Friday, July 14th will be given a dividend of $0.27 per share. The ex-dividend date is Wednesday, July 12th. This represents a $1.08 dividend on an annualized basis and a yield of 1.72%. Oxford Industries’s payout ratio is presently 36.36%.

COPYRIGHT VIOLATION WARNING: “Texas Permanent School Fund Sells 80 Shares of Oxford Industries, Inc. (OXM)” was first reported by WKRB News and is the property of of WKRB News. If you are accessing this news story on another domain, it was illegally stolen and reposted in violation of US & international copyright and trademark laws. The original version of this news story can be accessed at https://www.wkrb13.com/markets/2229774/texas-permanent-school-fund-sells-80-shares-of-oxford-industries-inc-oxm.html.

OXM has been the subject of a number of recent research reports. Zacks Investment Research raised shares of Oxford Industries from a “sell” rating to a “hold” rating in a research report on Thursday, February 23rd. Telsey Advisory Group raised shares of Oxford Industries from a “market perform” rating to an “outperform” rating and set a $60.00 price objective for the company in a research report on Thursday, March 16th. B. Riley reissued a “buy” rating and set a $66.00 price objective on shares of Oxford Industries in a research report on Friday, March 24th. Wunderlich cut their price objective on shares of Oxford Industries from $80.00 to $75.00 and set a “buy” rating for the company in a research report on Friday, March 24th. Finally, Citigroup Inc. cut their price objective on shares of Oxford Industries from $74.00 to $64.00 and set a “buy” rating for the company in a research report on Friday, March 24th. Two research analysts have rated the stock with a hold rating and six have given a buy rating to the company. The company presently has an average rating of “Buy” and a consensus target price of $71.29.

About Oxford Industries

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.

Want to see what other hedge funds are holding OXM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Oxford Industries, Inc. (NYSE:OXM).

This story was originally published by WKRB News (https://www.wkrb13.com) and is the sole property of WKRB News. If you are reading this article on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. You can view the original version of this story at https://www.wkrb13.com/markets/2229774/texas-permanent-school-fund-sells-80-shares-of-oxford-industries-inc-oxm.html

Receive News & Ratings for Oxford Industries Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Oxford Industries Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

 


Leave a Reply

 
© 2006-2017 WKRB News.