American Century Companies Inc. Has $37.78 Million Stock Position in Oxford Industries, Inc. (NYSE:OXM)

American Century Companies Inc. increased its position in shares of Oxford Industries, Inc. (NYSE:OXM) by 11.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 479,534 shares of the textile maker’s stock after acquiring an additional 51,155 shares during the quarter. American Century Companies Inc. owned 3.05% of Oxford Industries worth $37,778,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Advisors Asset Management Inc. raised 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 valued at $136,000 after purchasing an additional 1,083 shares during the period. Intech Investment Management LLC acquired a new position in Oxford Industries during the third quarter valued at $502,000. Charles Schwab Investment Management Inc. lifted its stake in Oxford Industries by 4.7% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 568,234 shares of the textile maker’s stock worth $49,300,000 after acquiring an additional 25,619 shares in the last quarter. Cerity Partners LLC boosted its position in Oxford Industries by 25.6% during the 3rd quarter. Cerity Partners LLC now owns 10,644 shares of the textile maker’s stock worth $923,000 after acquiring an additional 2,167 shares during the period. Finally, FMR LLC grew its stake in Oxford Industries by 36.8% during the 3rd quarter. FMR LLC now owns 906,324 shares of the textile maker’s stock valued at $78,633,000 after acquiring an additional 244,022 shares in the last quarter. Hedge funds and other institutional investors own 91.16% of the company’s stock.

Insider Transactions at Oxford Industries

In related news, SVP Tracey Hernandez sold 1,250 shares of the business’s stock in a transaction that occurred 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 completion of the sale, the senior vice president now directly owns 1,681 shares in the company, valued at approximately $146,112.52. The trade was a 42.65 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 5.70% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on OXM shares. Telsey Advisory Group reduced their price target on shares of Oxford Industries from $86.00 to $68.00 and set a “market perform” rating for the company in a research report on Monday. KeyCorp decreased their target price on shares of Oxford Industries from $95.00 to $80.00 and set an “overweight” rating for the company in a research note on Tuesday, March 18th. Finally, UBS Group cut their price objective on Oxford Industries from $81.00 to $80.00 and set a “neutral” rating for the company in a report on Thursday, December 12th.

Oxford Industries Price Performance

NYSE OXM opened at $62.69 on Friday. The company has a quick ratio of 0.71, a current ratio of 1.42 and a debt-to-equity ratio of 0.09. The stock has a market capitalization of $984.30 million, a PE ratio of 70.44 and a beta of 1.61. Oxford Industries, Inc. has a 12-month low of $54.02 and a 12-month high of $113.88. The company has a 50 day moving average price of $70.26 and a two-hundred day moving average price of $76.88.

Oxford Industries (NYSE:OXM) last released its quarterly earnings data on Thursday, March 27th. The textile maker reported $1.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.28 by $0.09. The business had revenue of $390.51 million during the quarter, compared to analyst estimates of $383.94 million. Oxford Industries had a net margin of 0.98% and a return on equity of 19.09%. Oxford Industries’s quarterly revenue was down 3.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.90 EPS. As a group, equities analysts predict that Oxford Industries, Inc. will post 6.62 earnings per share 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.