StockNews.com initiated coverage on shares of Oxford Industries (NYSE:OXM – Get Rating) in a report released on Thursday morning. The brokerage issued a buy rating on the textile maker’s stock.
Several other equities research analysts also recently commented on the stock. Telsey Advisory Group upped their price objective on shares of Oxford Industries from $115.00 to $125.00 and gave the company a market perform rating in a report on Thursday, December 8th. KeyCorp increased their price target on shares of Oxford Industries from $125.00 to $130.00 and gave the stock an overweight rating in a report on Monday, January 30th. Citigroup increased their price target on shares of Oxford Industries from $105.00 to $110.00 in a report on Thursday, December 8th. Finally, CL King increased their price target on shares of Oxford Industries from $137.00 to $140.00 in a report on Thursday, December 8th. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of Moderate Buy and an average target price of $127.67.
Oxford Industries Price Performance
NYSE OXM opened at $115.22 on Thursday. The company has a market cap of $1.82 billion, a PE ratio of 11.93 and a beta of 1.58. Oxford Industries has a 52 week low of $77.81 and a 52 week high of $123.37. The company has a quick ratio of 0.55, a current ratio of 1.30 and a debt-to-equity ratio of 0.24. The firm’s 50-day simple moving average is $113.80 and its two-hundred day simple moving average is $103.46.
Insider Transactions at Oxford Industries
Institutional Inflows and Outflows
Institutional investors have recently modified their holdings of the stock. TD Asset Management Inc. bought a new position in Oxford Industries during the third quarter valued at approximately $566,000. Grantham Mayo Van Otterloo & Co. LLC bought a new position in Oxford Industries during the third quarter valued at approximately $332,000. Jacobs Levy Equity Management Inc. bought a new position in Oxford Industries during the third quarter valued at approximately $5,063,000. Cubist Systematic Strategies LLC grew its position in Oxford Industries by 33.9% during the second quarter. Cubist Systematic Strategies LLC now owns 78,733 shares of the textile maker’s stock valued at $6,987,000 after acquiring an additional 19,916 shares during the last quarter. Finally, Envestnet Asset Management Inc. grew its position in Oxford Industries by 17.4% during the second quarter. Envestnet Asset Management Inc. now owns 13,700 shares of the textile maker’s stock valued at $1,216,000 after acquiring an additional 2,026 shares during the last quarter. 92.94% of the stock is currently owned by institutional investors.
Oxford Industries Company Profile
Oxford Industries, Inc engages in the design, sourcing, marketing, and distribution of apparel products. Its brands include Tommy Bahama, Lilly Pulitzer, Southern Tide, and licensed brands of tailored clothing and golf apparel. The company was founded by John Hicks Lanier and Sartain Lanier in 1942 and is headquartered in Atlanta, GA.
- Get a free copy of the StockNews.com research report on Oxford Industries (OXM)
- MarketBeat Week in Review – 3/13 – 3/17
- This Small Tech With Big Growth Prospects Is Nearing A Buy Point
- Don’t Chase FedEx Higher, Wait For The Pullback
- 3 Stocks For A Defensive Tech Portfolio
- Milk the Dividends on These 3 Cash Cows
Receive News & Ratings for Oxford Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Oxford Industries and related companies with MarketBeat.com's FREE daily email newsletter.