William Blair Investment Management LLC Boosts Holdings in Oxford Industries, Inc. (NYSE:OXM)

William Blair Investment Management LLC raised its position in Oxford Industries, Inc. (NYSE:OXM - Free Report) by 2.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 367,623 shares of the textile maker's stock after purchasing an additional 8,399 shares during the period. William Blair Investment Management LLC owned 2.34% of Oxford Industries worth $28,961,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of the company. FMR LLC boosted its holdings in shares of Oxford Industries by 36.8% in the 3rd quarter. FMR LLC now owns 906,324 shares of the textile maker's stock valued at $78,633,000 after buying an additional 244,022 shares in the last quarter. Global Alpha Capital Management Ltd. acquired a new position in shares of Oxford Industries in the 4th quarter valued at $16,489,000. Wellington Management Group LLP boosted its holdings in shares of Oxford Industries by 22.7% in the 3rd quarter. Wellington Management Group LLP now owns 553,382 shares of the textile maker's stock valued at $48,011,000 after buying an additional 102,525 shares in the last quarter. Verition Fund Management LLC boosted its holdings in shares of Oxford Industries by 148.3% in the 3rd quarter. Verition Fund Management LLC now owns 141,485 shares of the textile maker's stock valued at $12,275,000 after buying an additional 84,505 shares in the last quarter. Finally, Hotchkis & Wiley Capital Management LLC boosted its holdings in shares of Oxford Industries by 221.0% in the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 96,330 shares of the textile maker's stock valued at $8,358,000 after buying an additional 66,320 shares in the last quarter. 91.16% of the stock is owned by hedge funds and other institutional investors.

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Oxford Industries Stock Performance

NYSE:OXM traded down $0.97 during trading hours on Friday, reaching $60.16. 562,747 shares of the company's stock were exchanged, compared to its average volume of 322,908. The firm has a market capitalization of $944.53 million, a price-to-earnings ratio of 67.59 and a beta of 1.61. The company has a 50-day moving average of $72.26 and a 200 day moving average of $77.53. The company has a quick ratio of 0.71, a current ratio of 1.42 and a debt-to-equity ratio of 0.09. Oxford Industries, Inc. has a 1-year low of $54.02 and a 1-year 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 dated Tuesday, January 14th. The shares were 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 approximately $146,112.52. This trade represents a 42.65 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 5.70% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on the stock. Telsey Advisory Group restated a "market perform" rating and issued a $86.00 target price on shares of Oxford Industries in a report on Wednesday, December 4th. UBS Group lowered their target price on shares of Oxford Industries from $81.00 to $80.00 and set a "neutral" rating for the company in a report on Thursday, December 12th. Finally, KeyCorp lowered their target price on shares of Oxford Industries from $95.00 to $80.00 and set an "overweight" rating for the company in a report on Tuesday.

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.