4,555 Shares in Oxford Industries, Inc. (NYSE:OXM) Acquired by Magnetar Financial LLC

Magnetar Financial LLC acquired a new position in shares of Oxford Industries, Inc. (NYSE:OXM) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 4,555 shares of the textile maker’s stock, valued at approximately $359,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. William Blair Investment Management LLC lifted its stake in shares of Oxford Industries by 2.3% in the 4th quarter. William Blair Investment Management LLC now owns 367,623 shares of the textile maker’s stock valued at $28,961,000 after purchasing an additional 8,399 shares during the last quarter. Vestcor Inc acquired a new position in shares of Oxford Industries in the 4th quarter valued at $100,000. Truvestments Capital LLC lifted its stake in shares of Oxford Industries by 15.6% in the 4th quarter. Truvestments Capital LLC now owns 2,411 shares of the textile maker’s stock valued at $190,000 after purchasing an additional 326 shares during the last quarter. AlphaQuest LLC acquired a new position in shares of Oxford Industries in the 4th quarter valued at $232,000. Finally, Amundi lifted its stake in shares of Oxford Industries by 174.5% in the 4th quarter. Amundi now owns 7,121 shares of the textile maker’s stock valued at $616,000 after purchasing an additional 4,527 shares during the last quarter. Institutional investors and hedge funds own 91.16% of the company’s stock.

Oxford Industries Price Performance

OXM stock opened at $60.16 on Friday. 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 company has a market capitalization of $944.53 million, a PE ratio of 67.59 and a beta of 1.61. Oxford Industries, Inc. has a 12-month low of $54.02 and a 12-month high of $113.88. The business’s fifty day moving average price is $72.26 and its 200 day moving average price is $77.46.

Insider Activity at Oxford Industries

In other Oxford Industries news, SVP Tracey Hernandez sold 1,250 shares of the company’s stock in a transaction dated Tuesday, January 14th. The stock was sold at an average price of $86.92, for a total transaction of $108,650.00. Following the sale, the senior vice president now owns 1,681 shares in the company, valued at $146,112.52. This represents a 42.65 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 5.70% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently commented on the company. Telsey Advisory Group reaffirmed a “market perform” rating and issued a $86.00 price target on shares of Oxford Industries in a research note on Wednesday, December 4th. KeyCorp decreased 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. Finally, UBS Group cut their price objective on 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 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.