Unison Advisors LLC Acquires Shares of 18,370 Oxford Industries, Inc. $OXM

Unison Advisors LLC bought a new position in Oxford Industries, Inc. (NYSE:OXM) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm bought 18,370 shares of the textile maker’s stock, valued at approximately $628,000. Unison Advisors LLC owned approximately 0.12% of Oxford Industries at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Signaturefd LLC increased its holdings in shares of Oxford Industries by 28.1% in the fourth quarter. Signaturefd LLC now owns 1,368 shares of the textile maker’s stock valued at $47,000 after purchasing an additional 300 shares during the last quarter. SG Americas Securities LLC grew its holdings in Oxford Industries by 26.1% in the 4th quarter. SG Americas Securities LLC now owns 14,305 shares of the textile maker’s stock valued at $489,000 after buying an additional 2,964 shares in the last quarter. GAMMA Investing LLC grew its holdings in Oxford Industries by 46.6% in the 4th quarter. GAMMA Investing LLC now owns 925 shares of the textile maker’s stock valued at $32,000 after buying an additional 294 shares in the last quarter. CIBC Bancorp USA Inc. acquired a new stake in shares of Oxford Industries in the 3rd quarter worth $305,000. Finally, WBI Investments LLC acquired a new stake in shares of Oxford Industries in the 3rd quarter worth $394,000. 91.16% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on OXM. Wall Street Zen cut shares of Oxford Industries from a “hold” rating to a “sell” rating in a research report on Sunday. UBS Group cut their price objective on shares of Oxford Industries from $36.00 to $35.00 and set a “neutral” rating for the company in a research report on Thursday, March 19th. KeyCorp reaffirmed a “sector weight” rating on shares of Oxford Industries in a research note on Thursday, December 11th. Zacks Research upgraded shares of Oxford Industries from a “strong sell” rating to a “hold” rating in a report on Monday, March 16th. Finally, Telsey Advisory Group dropped their price target on shares of Oxford Industries from $40.00 to $36.00 and set a “market perform” rating for the company in a research note on Friday, March 27th. Six investment analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Reduce” and an average price target of $34.25.

Oxford Industries Stock Down 0.0%

NYSE:OXM opened at $39.29 on Monday. The company has a quick ratio of 0.48, a current ratio of 1.10 and a debt-to-equity ratio of 0.23. The stock’s fifty day moving average is $37.68 and its two-hundred day moving average is $37.81. Oxford Industries, Inc. has a 52 week low of $30.57 and a 52 week high of $60.31. The stock has a market capitalization of $585.04 million, a price-to-earnings ratio of -20.25 and a beta of 1.00.

Oxford Industries (NYSE:OXM) last issued its quarterly earnings data on Thursday, March 26th. The textile maker reported ($0.09) earnings per share for the quarter, missing analysts’ consensus estimates of $0.05 by ($0.14). The firm had revenue of $374.49 million during the quarter, compared to analyst estimates of $372.30 million. Oxford Industries had a negative net margin of 1.89% and a positive return on equity of 5.68%. The company’s quarterly revenue was down 4.1% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.37 earnings per share. Research analysts anticipate that Oxford Industries, Inc. will post 6.62 EPS for the current year.

Oxford Industries Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, May 1st. Shareholders of record on Friday, April 17th will be given a $0.70 dividend. The ex-dividend date of this dividend is Friday, April 17th. This represents a $2.80 annualized dividend and a yield of 7.1%. This is an increase from Oxford Industries’s previous quarterly dividend of $0.69. Oxford Industries’s dividend payout ratio is presently -142.27%.

Oxford Industries Profile

Oxford Industries, Inc, incorporated in 1942 and headquartered in Atlanta, Georgia, is a leading designer, marketer and distributor of high-quality men’s and women’s lifestyle apparel and accessories. The company’s product portfolio features a mix of owned brands and licensed partnerships that span casual, resort and performance categories. Key owned brands include Tommy Bahama, renowned for its island-inspired menswear and women’s sportswear, and Southern Tide, which offers coastal-focused clothing and footwear.