Oxford Industries (NYSE:OXM) was upgraded by ValuEngine from a “hold” rating to a “buy” rating in a note issued to investors on Thursday.
Several other research firms have also weighed in on OXM. Zacks Investment Research lowered shares of Oxford Industries from a “buy” rating to a “hold” rating in a report on Thursday, January 4th. B. Riley reaffirmed a “buy” rating on shares of Oxford Industries in a report on Wednesday, November 1st. KeyCorp reaffirmed a “buy” rating and set a $78.00 target price on shares of Oxford Industries in a report on Friday, November 24th. Needham & Company LLC lowered shares of Oxford Industries from a “buy” rating to a “hold” rating and set a $68.00 target price for the company. in a report on Friday, December 1st. They noted that the move was a valuation call. Finally, Telsey Advisory Group lifted their target price on shares of Oxford Industries from $58.00 to $65.00 and gave the company a “market perform” rating in a report on Thursday, November 30th. Three analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of $77.80.
Shares of Oxford Industries (NYSE:OXM) traded up $0.49 during midday trading on Thursday, reaching $80.41. 97,259 shares of the company’s stock traded hands, compared to its average volume of 116,404. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.91 and a current ratio of 1.99. Oxford Industries has a twelve month low of $49.50 and a twelve month high of $84.32. The firm has a market cap of $1,369.89, a PE ratio of 26.36, a price-to-earnings-growth ratio of 1.82 and a beta of 0.36.
In related news, insider James Wesley Howard, Jr. sold 4,750 shares of the business’s stock in a transaction on Wednesday, January 10th. The shares were sold at an average price of $80.25, for a total value of $381,187.50. Following the completion of the sale, the insider now owns 6,204 shares of the company’s stock, valued at approximately $497,871. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Dennis M. Love sold 1,500 shares of the business’s stock in a transaction on Friday, December 8th. The stock was sold at an average price of $72.09, for a total transaction of $108,135.00. Following the completion of the sale, the director now directly owns 17,002 shares of the company’s stock, valued at approximately $1,225,674.18. The disclosure for this sale can be found here. 3.29% of the stock is currently owned by insiders.
A number of hedge funds and other institutional investors have recently modified their holdings of OXM. Stifel Financial Corp purchased a new stake in Oxford Industries in the 2nd quarter worth $202,000. Macquarie Group Ltd. purchased a new stake in Oxford Industries in the 3rd quarter worth $205,000. Raymond James Financial Services Advisors Inc. purchased a new stake in Oxford Industries in the 3rd quarter worth $222,000. Crossmark Global Holdings Inc. purchased a new stake in Oxford Industries in the 3rd quarter worth $228,000. Finally, Capital Investment Advisors LLC purchased a new stake in Oxford Industries in the 4th quarter worth $229,000. 89.68% of the stock is owned by institutional investors.
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Oxford Industries Company Profile
Oxford Industries, Inc is an apparel company. The Company designs, sources, markets and distributes products bearing the trademarks of its owned Tommy Bahama, Lilly Pulitzer and Southern Tide lifestyle brands, other owned brands and licensed brands, as well as private label apparel products. It distributes its lifestyle branded products through its direct to consumer channels, consisting of its Tommy Bahama and Lilly Pulitzer full-price retail stores and its e-commerce sites for Tommy Bahama, Lilly Pulitzer and Southern Tide, and through its wholesale distribution channels.
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