Amundi increased its position in shares of Oxford Industries, Inc. (NYSE:OXM - Free Report) by 174.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,121 shares of the textile maker's stock after acquiring an additional 4,527 shares during the period. Amundi's holdings in Oxford Industries were worth $616,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. FMR LLC raised its stake in shares of Oxford Industries by 36.8% in the third quarter. FMR LLC now owns 906,324 shares of the textile maker's stock valued at $78,633,000 after acquiring an additional 244,022 shares in the last quarter. Global Alpha Capital Management Ltd. purchased a new position in shares of Oxford Industries in the 4th quarter valued at about $16,489,000. Wellington Management Group LLP grew its position in shares of Oxford Industries by 22.7% during the third quarter. Wellington Management Group LLP now owns 553,382 shares of the textile maker's stock worth $48,011,000 after buying an additional 102,525 shares in the last quarter. Verition Fund Management LLC increased its stake in shares of Oxford Industries by 148.3% during the third quarter. Verition Fund Management LLC now owns 141,485 shares of the textile maker's stock worth $12,275,000 after buying an additional 84,505 shares during the period. Finally, Hotchkis & Wiley Capital Management LLC raised its holdings in Oxford Industries by 221.0% in the third quarter. Hotchkis & Wiley Capital Management LLC now owns 96,330 shares of the textile maker's stock valued at $8,358,000 after acquiring an additional 66,320 shares in the last quarter. 91.16% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
A number of equities research analysts have commented on the stock. UBS Group dropped their price objective on shares of Oxford Industries from $81.00 to $80.00 and set a "neutral" rating on the stock in a research report on Thursday, December 12th. Telsey Advisory Group dropped their target price on Oxford Industries from $86.00 to $68.00 and set a "market perform" rating on the stock in a report on Monday. Finally, KeyCorp decreased their price target on Oxford Industries from $95.00 to $80.00 and set an "overweight" rating for the company in a report on Tuesday, March 18th.
Get Our Latest Stock Analysis on OXM
Insiders Place Their Bets
In related news, SVP Tracey Hernandez sold 1,250 shares of the firm's stock in a transaction that occurred 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 filing with the SEC, which is available through the SEC website. Corporate insiders own 5.70% of the company's stock.
Oxford Industries Stock Up 1.8 %
Shares of NYSE OXM traded up $1.11 during mid-day trading on Monday, reaching $61.23. The company had a trading volume of 317,457 shares, compared to its average volume of 323,477. Oxford Industries, Inc. has a 52-week low of $54.02 and a 52-week high of $113.88. The stock has a market cap of $961.29 million, a P/E ratio of 68.79 and a beta of 1.61. The company has a current ratio of 1.42, a quick ratio of 0.71 and a debt-to-equity ratio of 0.09. The firm has a 50 day simple moving average of $72.26 and a two-hundred day simple moving average of $77.41.
About Oxford Industries
(
Free Report)
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.
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