Oxford Industries (NYSE:OXM) Given New $80.00 Price Target at KeyCorp

Oxford Industries (NYSE:OXM) had its price objective reduced by KeyCorp from $95.00 to $80.00 in a research note issued to investors on Tuesday,Benzinga reports. They currently have an overweight rating on the textile maker’s stock.

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

Oxford Industries Stock Performance

Shares of NYSE OXM opened at $61.64 on Tuesday. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.71 and a current ratio of 1.42. The stock has a 50 day moving average price of $73.78 and a 200 day moving average price of $77.95. The stock has a market capitalization of $967.76 million, a PE ratio of 69.26 and a beta of 1.61. Oxford Industries has a 52 week low of $54.02 and a 52 week high of $113.88.

Insider Activity at Oxford Industries

In other Oxford Industries news, SVP Tracey Hernandez sold 1,250 shares of the stock in a transaction dated Tuesday, January 14th. The shares were sold at an average price of $86.92, for a total value of $108,650.00. Following the transaction, the senior vice president now directly owns 1,681 shares of the company’s stock, valued at $146,112.52. This represents a 42.65 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 5.70% of the stock is owned by company insiders.

Hedge Funds Weigh In On Oxford Industries

Several institutional investors and hedge funds have recently made changes to their positions in the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in Oxford Industries by 20.5% during 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 worth $1,917,000 after acquiring an additional 4,141 shares during the period. Vident Advisory LLC grew its position in shares of Oxford Industries by 9.0% during the 4th quarter. Vident Advisory LLC now owns 8,249 shares of the textile maker’s stock worth $650,000 after purchasing an additional 683 shares in the last quarter. ProShare Advisors LLC increased its holdings in shares of Oxford Industries by 44.5% during the fourth quarter. ProShare Advisors LLC now owns 4,467 shares of the textile maker’s stock worth $352,000 after purchasing an additional 1,376 shares during the period. Man Group plc acquired a new stake in shares of Oxford Industries in the fourth quarter valued at approximately $3,119,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of 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. Institutional investors and hedge funds own 91.16% of the company’s stock.

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.