Oxford Industries, Inc. (NYSE:OXM – Get Free Report) CEO Thomas Chubb, III purchased 2,500 shares of the stock in a transaction that occurred on Thursday, September 24th. The shares were acquired at an average price of $26.15 per share, for a total transaction of $65,375.00. Following the completion of the transaction, the chief executive officer directly owned 36,200 shares of the company’s stock, valued at $946,630. The trade was a 7.42% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.
Thomas Caldecot Chubb III also recently made the following trade(s):
- On Wednesday, September 9th, Thomas Chubb, III bought 3,500 shares of Oxford Industries stock. The shares were bought at an average price of $30.93 per share, for a total transaction of $108,255.00.
Oxford Industries Price Performance
OXM stock opened at $26.09 on Friday. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.17 and a quick ratio of 0.56. The business has a 50 day simple moving average of $35.36 and a 200-day simple moving average of $38.18. The firm has a market capitalization of $390.89 million, a PE ratio of -51.16 and a beta of 1.06. Oxford Industries, Inc. has a 1 year low of $26.01 and a 1 year high of $49.58.
Oxford Industries Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Friday, October 30th. Shareholders of record on Friday, October 16th will be given a $0.70 dividend. The ex-dividend date is Friday, October 16th. This represents a $2.80 dividend on an annualized basis and a yield of 10.7%. Oxford Industries’s payout ratio is currently -549.02%.
Analysts Set New Price Targets
A number of analysts recently issued reports on OXM shares. Citigroup cut their price objective on Oxford Industries from $36.00 to $33.00 and set a “neutral” rating for the company in a research report on Friday, September 4th. Truist Financial lowered their target price on shares of Oxford Industries from $40.00 to $33.00 and set a “hold” rating for the company in a research note on Friday, September 4th. BTIG Research reiterated a “neutral” rating on shares of Oxford Industries in a research report on Friday, September 4th. Weiss Ratings restated a “sell (d+)” rating on shares of Oxford Industries in a report on Wednesday, July 8th. Finally, Wall Street Zen raised shares of Oxford Industries from a “sell” rating to a “hold” rating in a research report on Saturday, May 30th. Six equities research analysts have rated the stock with a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Reduce” and a consensus target price of $35.25.
Get Our Latest Report on Oxford Industries
Institutional Investors Weigh In On Oxford Industries
Hedge funds have recently bought and sold shares of the stock. Public Employees Retirement System of Ohio acquired a new stake in Oxford Industries in the second quarter valued at $38,000. Meeder Asset Management Inc. purchased a new position in shares of Oxford Industries in the 2nd quarter valued at about $81,000. Whittier Trust Co. purchased a new position in shares of Oxford Industries in the 2nd quarter valued at about $163,000. Gables Capital Management Inc. acquired a new stake in shares of Oxford Industries during the 2nd quarter worth about $181,000. Finally, Quantinno Capital Management LP purchased a new stake in Oxford Industries during the first quarter worth approximately $224,000. Institutional investors and hedge funds own 91.16% of the company’s stock.
About Oxford Industries
Oxford Industries, Inc is an apparel and lifestyle company headquartered in Atlanta, Georgia. Founded in 1942 as a manufacturer of dress shirts, the company has expanded into a portfolio of premium lifestyle brands serving customers through retail stores, e-commerce platforms, wholesale distribution and other channels.
Its principal brands include Tommy Bahama, a resort-inspired lifestyle brand offering apparel, accessories, home furnishings, restaurants and hospitality experiences; Lilly Pulitzer, known for colorful women’s, men’s and children’s apparel, accessories and home products; and Johnny Was, which specializes in distinctive women’s apparel and accessories.
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