Rbo Co buys $8,248,741 stake in Oxford Industries Inc (OXM)

Oxford Industries Inc (OXM) : Rbo Co scooped up 1,359 additional shares in Oxford Industries Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 12, 2016. The investment management firm now holds a total of 139,999 shares of Oxford Industries Inc which is valued at $8,248,741.Oxford Industries Inc makes up approximately 2.39% of Rbo Co’s portfolio.

Other Hedge Funds, Including , Thrivent Financial For Lutherans boosted its stake in OXM in the latest quarter, The investment management firm added 65,060 additional shares and now holds a total of 402,101 shares of Oxford Industries Inc which is valued at $23,691,791. Oxford Industries Inc makes up approx 0.11% of Thrivent Financial For Lutherans’s portfolio. Signaturefd added OXM to its portfolio by purchasing 1,000 company shares during the most recent quarter which is valued at $57,180. Oxford Industries Inc makes up approx 0.01% of Signaturefd’s portfolio.Rice Hall James Associates reduced its stake in OXM by selling 1,230 shares or 0.36% in the most recent quarter. The Hedge Fund company now holds 337,012 shares of OXM which is valued at $19,256,866. Oxford Industries Inc makes up approx 1.06% of Rice Hall James Associates’s portfolio.Msi Financial Services Inc boosted its stake in OXM in the latest quarter, The investment management firm added 400 additional shares and now holds a total of 716 shares of Oxford Industries Inc which is valued at $40,912.

Oxford Industries Inc opened for trading at $63.86 and hit $64.84 on the upside on Monday, eventually ending the session at $64.41, with a gain of 1.58% or 1 points. The heightened volatility saw the trading volume jump to 2,12,372 shares. Company has a market cap of $1,079 M.

On the company’s financial health, Oxford Industries Inc reported $1.26 EPS for the quarter, missing the analyst consensus estimate by $ -0.07 based on the information available during the earnings call on Jun 7, 2016. Analyst had a consensus of $1.33. The company had revenue of $256.24 million for the quarter, compared to analysts expectations of $270.68 million. The company’s revenue was down -1.6 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.30 EPS.

Many Wall Street Analysts have commented on Oxford Industries Inc. Shares were Reiterated by Telsey Advisory Group on Jun 8, 2016 to “Outperform” and Lowered the Price Target to $ 73 from a previous price target of $80 .Shares were Reiterated by Wunderlich on Jun 8, 2016 to “Buy” and Lowered the Price Target to $ 80 from a previous price target of $100 .

Oxford Industries, Inc. is an apparel company. The Company designs, sources, markets and distributes products bearing the trademarks of its owned Tommy Bahama and Lilly Pulitzer lifestyle brands, as well as certain licensed and private label apparel products. The Company’s business is primarily operated through its Tommy Bahama, Lilly Pulitzer and Lanier Apparel operating groups. Tommy Bahama designs, sources, markets and distributes men’s and women’s sportswear and related products. Lilly Pulitzer designs, sources, markets and distributes upscale collections of women’s and girl’s dresses, sportswear and related products. Lanier Apparel designs, sources and distributes branded and private label men’s apparel, including tailored clothing, casual pants and sportswear, across a range of price points, with the majority of the business at moderate price points. The Company operates over 120 Tommy Bahama and over 30 Lilly Pulitzer full-price retail stores.

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