Oxford Industries, Inc. (NYSE:OXM) Shares Acquired by William Blair Investment Management LLC

William Blair Investment Management LLC lifted its holdings in shares of Oxford Industries, Inc. (NYSE:OXM) by 2.3% during the 4th quarter, HoldingsChannel.com reports. The fund owned 367,623 shares of the textile maker’s stock after buying an additional 8,399 shares during the period. William Blair Investment Management LLC’s holdings in Oxford Industries were worth $28,961,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Blue Trust Inc. lifted its holdings in shares of Oxford Industries by 27.6% during the 4th quarter. Blue Trust Inc. now owns 739 shares of the textile maker’s stock valued at $64,000 after acquiring an additional 160 shares in the last quarter. Venturi Wealth Management LLC purchased a new stake in Oxford Industries during the 4th quarter worth $63,000. Vestcor Inc purchased a new stake in Oxford Industries during the 4th quarter worth $100,000. Advisors Asset Management Inc. increased its stake in Oxford Industries by 223.3% during the 3rd quarter. Advisors Asset Management Inc. now owns 1,568 shares of the textile maker’s stock worth $136,000 after buying an additional 1,083 shares during the period. Finally, M&T Bank Corp purchased a new stake in Oxford Industries during the 3rd quarter worth $206,000. Institutional investors and hedge funds own 91.16% of the company’s stock.

Oxford Industries Price Performance

OXM opened at $61.64 on Wednesday. The company has a 50-day moving average of $73.78 and a 200-day moving average of $77.95. The company has a market capitalization of $967.76 million, a P/E ratio of 69.26 and a beta of 1.61. Oxford Industries, Inc. has a 1-year low of $54.02 and a 1-year 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.

Insider Transactions at Oxford Industries

In other news, SVP Tracey Hernandez sold 1,250 shares of the business’s stock in a transaction dated Tuesday, January 14th. The shares were sold at an average price of $86.92, for a total value of $108,650.00. Following the completion of the sale, the senior vice president now owns 1,681 shares of the company’s stock, valued at approximately $146,112.52. The trade was a 42.65 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 5.70% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on OXM shares. Telsey Advisory Group reaffirmed a “market perform” rating and set a $86.00 price target on shares of Oxford Industries in a research note on Wednesday, December 4th. UBS Group dropped their price target on shares of Oxford Industries from $81.00 to $80.00 and set a “neutral” rating on the stock in a research note on Thursday, December 12th. Finally, KeyCorp dropped their price target on shares of Oxford Industries from $95.00 to $80.00 and set an “overweight” rating on the stock in a research note on Tuesday.

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.