Oxford Industries Inc (OXM) Shares Sold by King Luther Capital Management Corp
King Luther Capital Management Corp lessened its holdings in Oxford Industries Inc (NYSE:OXM) by 20.3% during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 43,195 shares of the textile maker’s stock after selling 10,980 shares during the period. King Luther Capital Management Corp’s holdings in Oxford Industries were worth $3,896,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Renaissance Technologies LLC boosted its stake in shares of Oxford Industries by 199.5% in the 2nd quarter. Renaissance Technologies LLC now owns 60,500 shares of the textile maker’s stock worth $5,020,000 after buying an additional 40,300 shares during the last quarter. GSA Capital Partners LLP purchased a new position in shares of Oxford Industries in the 2nd quarter worth approximately $1,341,000. Swiss National Bank boosted its stake in shares of Oxford Industries by 9.7% in the 2nd quarter. Swiss National Bank now owns 29,300 shares of the textile maker’s stock worth $2,431,000 after buying an additional 2,600 shares during the last quarter. SG Americas Securities LLC boosted its stake in shares of Oxford Industries by 74.3% in the 2nd quarter. SG Americas Securities LLC now owns 5,693 shares of the textile maker’s stock worth $472,000 after buying an additional 2,427 shares during the last quarter. Finally, BlackRock Inc. boosted its stake in shares of Oxford Industries by 8.6% in the 2nd quarter. BlackRock Inc. now owns 2,357,282 shares of the textile maker’s stock worth $195,606,000 after buying an additional 185,923 shares during the last quarter. Hedge funds and other institutional investors own 88.45% of the company’s stock.
NYSE:OXM opened at $75.30 on Friday. The company has a current ratio of 2.07, a quick ratio of 0.96 and a debt-to-equity ratio of 0.05. The company has a market capitalization of $1.33 billion, a P/E ratio of 18.59, a P/E/G ratio of 1.70 and a beta of 0.12. Oxford Industries Inc has a 12 month low of $69.55 and a 12 month high of $97.19.
OXM has been the topic of a number of research analyst reports. KeyCorp boosted their target price on Oxford Industries from $98.00 to $100.00 and gave the stock an “overweight” rating in a research note on Tuesday, August 21st. Zacks Investment Research upgraded Oxford Industries from a “hold” rating to a “buy” rating and set a $107.00 target price on the stock in a research note on Thursday, August 23rd. SunTrust Banks boosted their target price on Oxford Industries to $97.00 and gave the stock a “buy” rating in a research note on Thursday, September 13th. Citigroup boosted their target price on Oxford Industries from $90.00 to $102.00 and gave the stock a “buy” rating in a research note on Monday, September 17th. Finally, Telsey Advisory Group lifted their price target on shares of Oxford Industries from $88.00 to $93.00 and gave the stock a “market perform” rating in a report on Friday, November 2nd. Three research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus price target of $101.00.
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Oxford Industries Profile
Oxford Industries, Inc, an apparel company, designs, sources, markets, and distributes products of company owned and licensed brands, and private labels apparel products worldwide. The company offers men's and women's sportswear and related products under the Tommy Bahama brand; women's and girl's dresses and sportswear, scarves, bags, jewelry, and belts, as well as footwear and children's apparel under the Lilly Pulitzer brand; and men's shirts, pants, shorts, outerwear, ties, swimwear, footwear, and accessories, as well as women's products under the Southern Tide brand.
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