Oxford Industries (NYSE:OXM) Price Target Lowered to $68.00 at Telsey Advisory Group

Oxford Industries (NYSE:OXM) had its target price lowered by Telsey Advisory Group from $86.00 to $68.00 in a report issued on Monday morning, MarketBeat Ratings reports. Telsey Advisory Group currently has a market perform rating on the textile maker’s stock.

OXM has been the topic of a number of other research reports. KeyCorp dropped their price target on Oxford Industries from $95.00 to $80.00 and set an “overweight” rating on the stock in a research note on Tuesday, March 18th. UBS Group lowered their price target on shares of Oxford Industries from $81.00 to $80.00 and set a “neutral” rating on the stock in a report on Thursday, December 12th.

Oxford Industries Stock Up 1.8 %

Oxford Industries stock opened at $61.23 on Monday. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.42 and a quick ratio of 0.71. The company’s 50-day moving average is $71.75 and its 200-day moving average is $77.24. The firm has a market capitalization of $961.29 million, a PE ratio of 68.79 and a beta of 1.61. Oxford Industries has a fifty-two week low of $54.02 and a fifty-two week high of $113.88.

Insider Activity

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

Institutional Trading of Oxford Industries

Large investors have recently modified their holdings of the stock. Quadrant Capital Group LLC lifted its position in Oxford Industries by 981.6% during the fourth quarter. Quadrant Capital Group LLC now owns 411 shares of the textile maker’s stock worth $32,000 after purchasing an additional 373 shares during the period. Blue Trust Inc. raised its position in shares of Oxford Industries by 27.6% in the 4th quarter. Blue Trust Inc. now owns 739 shares of the textile maker’s stock valued at $64,000 after buying an additional 160 shares in the last quarter. Venturi Wealth Management LLC acquired a new position in shares of Oxford Industries in the 4th quarter valued at approximately $63,000. Vestcor Inc acquired a new stake in shares of Oxford Industries during the 4th quarter worth approximately $100,000. Finally, Advisors Asset Management Inc. increased its stake in Oxford Industries by 223.3% in the third quarter. Advisors Asset Management Inc. now owns 1,568 shares of the textile maker’s stock valued at $136,000 after acquiring an additional 1,083 shares during the last quarter. 91.16% of the stock is owned by institutional investors and hedge funds.

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.