Oxford Industries, Inc. (NYSE:OXM) Shares Acquired by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. raised its stake in Oxford Industries, Inc. (NYSE:OXM - Free Report) by 8.9% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 618,654 shares of the textile maker's stock after purchasing an additional 50,420 shares during the period. Charles Schwab Investment Management Inc. owned 3.94% of Oxford Industries worth $48,738,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Bank of New York Mellon Corp grew its stake in shares of Oxford Industries by 16.1% during the fourth quarter. Bank of New York Mellon Corp now owns 232,045 shares of the textile maker's stock worth $18,281,000 after acquiring an additional 32,224 shares during the last quarter. Venturi Wealth Management LLC purchased a new stake in shares of Oxford Industries during the fourth quarter worth about $63,000. Sanctuary Advisors LLC grew its stake in shares of Oxford Industries by 3.7% during the fourth quarter. Sanctuary Advisors LLC now owns 3,799 shares of the textile maker's stock worth $328,000 after acquiring an additional 137 shares during the last quarter. Principal Financial Group Inc. grew its stake in shares of Oxford Industries by 3.1% during the fourth quarter. Principal Financial Group Inc. now owns 71,850 shares of the textile maker's stock worth $5,660,000 after acquiring an additional 2,137 shares during the last quarter. Finally, Rhumbline Advisers grew its stake in shares of Oxford Industries by 6.8% during the fourth quarter. Rhumbline Advisers now owns 48,590 shares of the textile maker's stock worth $3,828,000 after acquiring an additional 3,114 shares during the last quarter. Hedge funds and other institutional investors own 91.16% of the company's stock.

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Insider Buying and Selling at Oxford Industries

In other Oxford Industries news, SVP Tracey Hernandez sold 1,250 shares of the business'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 value of $108,650.00. Following the completion of the transaction, the senior vice president now directly owns 1,681 shares of the company's stock, valued at approximately $146,112.52. The trade was a 42.65 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 5.70% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

OXM has been the topic of a number of research analyst reports. Telsey Advisory Group restated a "market perform" rating and set a $86.00 price target on shares of Oxford Industries in a research note on Wednesday, December 4th. KeyCorp dropped their target price on Oxford Industries from $95.00 to $80.00 and set an "overweight" rating on the stock in a research report on Tuesday. Finally, UBS Group dropped their target price 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.

Oxford Industries Stock Performance

NYSE OXM traded up $0.66 during trading hours on Tuesday, reaching $61.64. The stock had a trading volume of 373,623 shares, compared to its average volume of 320,051. The stock has a fifty day moving average of $74.22 and a 200 day moving average of $78.13. The stock has a market cap of $967.76 million, a P/E ratio of 69.26 and a beta of 1.61. Oxford Industries, Inc. has a 52-week low of $54.02 and a 52-week high of $113.88. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.71 and a current ratio of 1.42.

Oxford Industries 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.