Oxford Industries, Inc. (NYSE:OXM – Get Free Report) CEO Thomas Chubb, III acquired 2,500 shares of Oxford Industries stock in a transaction that occurred on Thursday, September 24th. The shares were bought at an average cost of $26.15 per share, with a total value of $65,375.00. Following the transaction, the chief executive officer owned 36,200 shares in the company, valued at $946,630. This represents a 7.42% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available through this link.
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 stock was bought at an average cost of $30.93 per share, for a total transaction of $108,255.00.
Oxford Industries Stock Down 0.9%
Shares of NYSE:OXM traded down $0.25 on Thursday, hitting $26.09. 600,685 shares of the company traded hands, compared to its average volume of 394,380. Oxford Industries, Inc. has a 52 week low of $26.01 and a 52 week high of $49.58. The company has a quick ratio of 0.56, a current ratio of 1.17 and a debt-to-equity ratio of 0.13. The stock has a 50 day simple moving average of $35.67 and a 200-day simple moving average of $38.26. The company has a market cap of $390.84 million, a PE ratio of -51.16 and a beta of 1.06.
Oxford Industries Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Friday, October 30th. Stockholders of record on Friday, October 16th will be issued a dividend of $0.70 per share. The ex-dividend date is Friday, October 16th. This represents a $2.80 dividend on an annualized basis and a dividend yield of 10.7%. Oxford Industries’s dividend payout ratio is presently -549.02%.
Analyst Ratings Changes
A number of analysts have commented on OXM shares. Wall Street Zen raised Oxford Industries from a “sell” rating to a “hold” rating in a report on Saturday, May 30th. UBS Group reiterated a “neutral” rating on shares of Oxford Industries in a report on Wednesday, August 26th. Weiss Ratings reissued a “sell (d+)” rating on shares of Oxford Industries in a research report on Wednesday, July 8th. Citigroup lowered their target price on shares of Oxford Industries from $36.00 to $33.00 and set a “neutral” rating on the stock in a research note on Friday, September 4th. Finally, Truist Financial reduced their price target 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. Six investment analysts have rated the stock with a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Reduce” and a consensus target price of $35.25.
Read Our Latest Stock Analysis on Oxford Industries
Institutional Inflows and Outflows
Institutional investors have recently bought and sold shares of the company. Public Employees Retirement System of Ohio bought a new stake in shares of Oxford Industries during the 2nd quarter valued at about $38,000. Meeder Asset Management Inc. bought a new position in shares of Oxford Industries in the 2nd quarter worth approximately $81,000. Whittier Trust Co. purchased a new position in shares of Oxford Industries in the second quarter worth approximately $163,000. Gables Capital Management Inc. purchased a new position in shares of Oxford Industries in the second quarter worth approximately $181,000. Finally, Quantinno Capital Management LP bought a new stake in Oxford Industries during the first quarter valued at approximately $224,000. Institutional investors own 91.16% of the company’s stock.
Oxford Industries Company Profile
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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