Truvestments Capital LLC Purchases 326 Shares of Oxford Industries, Inc. (NYSE:OXM)

Truvestments Capital LLC lifted its position in shares of Oxford Industries, Inc. (NYSE:OXM) by 15.6% during the fourth quarter, Holdings Channel.com reports. The firm owned 2,411 shares of the textile maker’s stock after buying an additional 326 shares during the quarter. Truvestments Capital LLC’s holdings in Oxford Industries were worth $190,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently made changes to their positions in the company. Venturi Wealth Management LLC bought a new position in shares of Oxford Industries during the fourth quarter worth approximately $63,000. Blue Trust Inc. increased its stake in shares of Oxford Industries by 27.6% during the fourth quarter. Blue Trust Inc. now owns 739 shares of the textile maker’s stock worth $64,000 after purchasing an additional 160 shares during the period. Advisors Asset Management Inc. increased its stake in Oxford Industries by 223.3% during the 3rd quarter. Advisors Asset Management Inc. now owns 1,568 shares of the textile maker’s stock worth $136,000 after acquiring an additional 1,083 shares during the period. M&T Bank Corp bought a new position in Oxford Industries during the 3rd quarter worth $206,000. Finally, AlphaQuest LLC bought a new position in Oxford Industries during the 4th quarter worth $232,000. Institutional investors own 91.16% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on the company. UBS Group lowered their price objective on Oxford Industries from $81.00 to $80.00 and set a “neutral” rating on the stock in a research note on Thursday, December 12th. Telsey Advisory Group restated a “market perform” rating and set a $86.00 price objective on shares of Oxford Industries in a research note on Wednesday, December 4th.

Insider Buying and Selling at Oxford Industries

In other Oxford Industries news, SVP Tracey Hernandez sold 1,250 shares of the firm’s stock in a transaction on Tuesday, January 14th. The stock was sold at an average price of $86.92, for a total value of $108,650.00. Following the sale, the senior vice president now owns 1,681 shares of the company’s stock, valued at approximately $146,112.52. This trade represents a 42.65 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Company insiders own 5.70% of the company’s stock.

Oxford Industries Price Performance

Oxford Industries stock opened at $57.07 on Thursday. The stock’s fifty day moving average price is $75.59 and its two-hundred day moving average price is $78.74. The firm has a market cap of $896.04 million, a PE ratio of 64.12 and a beta of 1.61. Oxford Industries, Inc. has a one year low of $56.99 and a one year high of $113.88. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.42 and a quick ratio of 0.71.

Oxford Industries (NYSE:OXM) last issued its earnings results on Wednesday, December 11th. The textile maker reported ($0.11) earnings per share for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.20). The business had revenue of $308.00 million during the quarter, compared to analyst estimates of $316.84 million. Oxford Industries had a net margin of 0.98% and a return on equity of 19.09%. The company’s revenue for the quarter was down 5.7% compared to the same quarter last year. During the same period in the prior year, the business posted $1.01 EPS. As a group, research analysts expect that Oxford Industries, Inc. will post 6.62 EPS for the current fiscal year.

About Oxford Industries

Oxford Industries, Inc, an apparel company, designs, sources, markets, and distributes products of lifestyle and other brands worldwide. The company offers men's and women's sportswear and related products under the Tommy Bahama brand; and women's and girl's dresses and sportswear, scarves, bags, jewelry, and belts, as well as children's apparel, swim, footwear, and licensed products under the Lilly Pulitzer brand.