Envestnet Asset Management Inc. Grows Position in Oxford Industries Inc (NYSE:OXM)

Envestnet Asset Management Inc. increased its position in shares of Oxford Industries Inc (NYSE:OXM) by 6.3% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 7,050 shares of the textile maker’s stock after buying an additional 419 shares during the quarter. Envestnet Asset Management Inc.’s holdings in Oxford Industries were worth $534,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the stock. Mason Street Advisors LLC grew its stake in Oxford Industries by 3.4% during the 1st quarter. Mason Street Advisors LLC now owns 5,445 shares of the textile maker’s stock worth $410,000 after buying an additional 181 shares during the last quarter. Arizona State Retirement System grew its stake in Oxford Industries by 1.0% during the 2nd quarter. Arizona State Retirement System now owns 26,403 shares of the textile maker’s stock worth $2,001,000 after buying an additional 249 shares during the last quarter. Piedmont Investment Advisors Inc. grew its stake in Oxford Industries by 6.4% during the 1st quarter. Piedmont Investment Advisors Inc. now owns 4,286 shares of the textile maker’s stock worth $323,000 after buying an additional 256 shares during the last quarter. Comerica Bank grew its stake in Oxford Industries by 0.7% during the 1st quarter. Comerica Bank now owns 56,159 shares of the textile maker’s stock worth $4,409,000 after buying an additional 373 shares during the last quarter. Finally, Texas Permanent School Fund grew its stake in Oxford Industries by 3.8% during the 1st quarter. Texas Permanent School Fund now owns 11,511 shares of the textile maker’s stock worth $866,000 after buying an additional 418 shares during the last quarter. Hedge funds and other institutional investors own 98.57% of the company’s stock.

Oxford Industries stock opened at $79.50 on Thursday. Oxford Industries Inc has a twelve month low of $63.50 and a twelve month high of $93.52. The stock has a 50 day moving average of $69.48 and a two-hundred day moving average of $74.27. The company has a current ratio of 1.64, a quick ratio of 0.70 and a debt-to-equity ratio of 0.67. The stock has a market capitalization of $1.33 billion, a price-to-earnings ratio of 18.40, a PEG ratio of 1.65 and a beta of 0.48.

Oxford Industries (NYSE:OXM) last posted its quarterly earnings data on Wednesday, September 11th. The textile maker reported $1.84 earnings per share for the quarter, missing analysts’ consensus estimates of $1.86 by ($0.02). Oxford Industries had a return on equity of 15.43% and a net margin of 6.03%. The company had revenue of $302.00 million for the quarter, compared to analyst estimates of $306.98 million. During the same period in the previous year, the business posted $1.83 earnings per share. The firm’s revenue was down .2% compared to the same quarter last year. Equities analysts predict that Oxford Industries Inc will post 4.57 earnings per share for the current year.

A number of research firms recently issued reports on OXM. Zacks Investment Research downgraded Oxford Industries from a “buy” rating to a “hold” rating in a research note on Wednesday, August 14th. Telsey Advisory Group decreased their price objective on Oxford Industries from $82.00 to $78.00 and set a “market perform” rating for the company in a research report on Monday, June 10th. Finally, ValuEngine raised Oxford Industries from a “sell” rating to a “hold” rating in a research report on Friday, August 2nd. Four analysts have rated the stock with a hold rating and four have given a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus target price of $86.00.

Oxford Industries 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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