Oxford Industries (NYSE:OXM) Price Target Lowered to $80.00 at KeyCorp

Oxford Industries (NYSE:OXM) had its price target reduced by analysts at KeyCorp from $95.00 to $80.00 in a report issued on Tuesday,Benzinga reports. The firm presently has an “overweight” rating on the textile maker’s stock. KeyCorp’s price target would suggest a potential upside of 30.22% from the company’s previous close.

Several other equities analysts also recently issued reports on OXM. UBS Group reduced their price target on shares of Oxford Industries from $81.00 to $80.00 and set a “neutral” rating for the company in a report on Thursday, December 12th. Telsey Advisory Group reaffirmed a “market perform” rating and set a $86.00 target price on shares of Oxford Industries in a research note on Wednesday, December 4th.

Oxford Industries Stock Down 0.2 %

Shares of NYSE:OXM opened at $61.43 on Tuesday. The firm has a market cap of $964.58 million, a PE ratio of 69.03 and a beta of 1.61. The company has a fifty day simple moving average of $73.28 and a 200 day simple moving average of $77.83. The company has a current ratio of 1.42, a quick ratio of 0.71 and a debt-to-equity ratio of 0.09. Oxford Industries has a 12-month low of $54.02 and a 12-month high of $113.88.

Insider Transactions at Oxford Industries

In related news, SVP Tracey Hernandez sold 1,250 shares of the company’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 completion of the transaction, the senior vice president now directly owns 1,681 shares in the company, valued at approximately $146,112.52. This represents a 42.65 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 5.70% of the company’s stock.

Institutional Trading of Oxford Industries

A number of large investors have recently bought and sold shares of the stock. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in Oxford Industries by 20.5% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 24,329 shares of the textile maker’s stock valued at $1,917,000 after acquiring an additional 4,141 shares during the last quarter. Vident Advisory LLC lifted its stake in Oxford Industries by 9.0% in the fourth quarter. Vident Advisory LLC now owns 8,249 shares of the textile maker’s stock valued at $650,000 after buying an additional 683 shares during the period. ProShare Advisors LLC lifted its stake in Oxford Industries by 44.5% in the fourth quarter. ProShare Advisors LLC now owns 4,467 shares of the textile maker’s stock valued at $352,000 after buying an additional 1,376 shares during the period. Man Group plc acquired a new position in Oxford Industries in the fourth quarter valued at about $3,119,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in Oxford Industries by 3.4% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 8,430 shares of the textile maker’s stock valued at $664,000 after buying an additional 280 shares during the period. 91.16% of the stock is currently owned by institutional investors.

Oxford Industries Company Profile

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.