Amundi Acquires 4,527 Shares of Oxford Industries, Inc. (NYSE:OXM)

Amundi increased its position in Oxford Industries, Inc. (NYSE:OXM) by 174.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 7,121 shares of the textile maker’s stock after purchasing an additional 4,527 shares during the quarter. Amundi’s holdings in Oxford Industries were worth $616,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Barclays PLC increased its stake in shares of Oxford Industries by 74.0% in the third quarter. Barclays PLC now owns 48,484 shares of the textile maker’s stock valued at $4,208,000 after buying an additional 20,620 shares in the last quarter. Jane Street Group LLC lifted its holdings in shares of Oxford Industries by 73.7% during the 3rd quarter. Jane Street Group LLC now owns 36,812 shares of the textile maker’s stock valued at $3,194,000 after purchasing an additional 15,617 shares in the last quarter. Cerity Partners LLC lifted its holdings in shares of Oxford Industries by 25.6% during the 3rd quarter. Cerity Partners LLC now owns 10,644 shares of the textile maker’s stock valued at $923,000 after purchasing an additional 2,167 shares in the last quarter. Weiss Asset Management LP bought a new stake in Oxford Industries in the 3rd quarter valued at approximately $2,742,000. Finally, Global Alpha Capital Management Ltd. bought a new stake in Oxford Industries in the 4th quarter valued at approximately $16,489,000. 91.16% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other news, SVP Tracey Hernandez sold 1,250 shares of the firm’s stock in a transaction dated Tuesday, January 14th. The stock was sold at an average price of $86.92, for a total transaction 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 $146,112.52. This trade represents a 42.65 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 5.70% of the company’s stock.

Oxford Industries Price Performance

Shares of OXM stock opened at $61.15 on Friday. Oxford Industries, Inc. has a twelve month low of $54.02 and a twelve month high of $113.88. The business has a fifty day simple moving average of $72.78 and a 200 day simple moving average of $77.72. The company has a quick ratio of 0.71, a current ratio of 1.42 and a debt-to-equity ratio of 0.09. The company has a market cap of $960.07 million, a P/E ratio of 68.71 and a beta of 1.61.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on OXM shares. UBS Group lowered their price target on Oxford Industries from $81.00 to $80.00 and set a “neutral” rating on the stock in a research report on Thursday, December 12th. KeyCorp decreased their price objective on Oxford Industries from $95.00 to $80.00 and set an “overweight” rating on the stock in a report on Tuesday. Finally, Telsey Advisory Group reiterated a “market perform” rating and set a $86.00 target price on shares of Oxford Industries in a research report on Wednesday, December 4th.

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.