According to Bloomberg Ratings, the seven research firms currently following the company have assigned the stock of Oxford Industries, INC (NYSE: OXM) a rating of “Moderate Buy” on average for their coverage of the company’s shares.
This information was obtained from the research firms’ company shares coverage.
There have been four recommendations from investment analysts to purchase the stock, while one analyst has simply advocated keeping it in one’s portfolio.
The average one-year target price generated by analysts who have updated their coverage of the stock within the past year is $127.67, more expensive than the price at which the stock is currently trading.
NYSE: OXM began trading on Thursday for $113.65.
The first day of trading was Thursday.
The stock has a price-to-earnings ratio of 11.77, and the company has a beta of 1.58, which results in a market value of $1.79 billion.
The company’s current stock price is $112.61, which is higher than its 50-day simple moving average.
Additionally, the price of the company’s stock is trading at $103.28, which is higher than its 200-day simple moving average.
There is currently a debt-to-equity ratio of 0.24, a quick ratio of 0.55, and a current ratio of 1.30.
All three of these ratios are currently unchanged from their previous values. Over the previous year, Oxford Industries experienced a price range that ranged from its all-time low of $77.81 to its all-time high of $123.37.
Various research firms have recently provided their observations and thoughts on OXM. Citigroup announced on December 8, in a research report that was published on December 8, that they would be increasing their price objective for Oxford Industries from $105.00 to $110.00.
In a report that was published on December 8 and December 8, Telsey Advisory Group upgraded Oxford Industries from having a rating of “market perform” to having a rating of “outperform.” Additionally, they increased their price target for Oxford Industries from $115.00 to $125.00. KeyCorp upgraded Oxford Industries’ stock to “overweight” and increased their price objective for the company from $125.00 to $130.00 in research released on Monday, January 30.
This modification was implemented as a direct result of an increase in the price target set for the company. On December 8 December 8, the recommendation that StockNews.com had previously given to Oxford Industries, which was to “hold” the stock, was changed to a rating of “buy.” CL King increased their price target on Oxford Industries from $137.00 to $140.00 in a research report made public on Thursday, December 8.
The final and most significant adjustment was made here.
According to additional news regarding Oxford Industries, on January 11, Scott Grassmyer, Executive Vice President of Oxford Industries, sold 2,782 shares.
This information was obtained from a different piece of news regarding Oxford Industries.
The stock was bought and sold for a total value of 294,780.72 dollars, with a price per share that averaged $105.96.
This resulted in revenue being brought in.
The executive vice president will own 29,379 company shares once the transaction is finalized.
The total value of these shares is $3,112,998.84.
If you follow the link, which takes you to a document submitted to the SEC, you can acquire additional information regarding the transaction.
According to reports, Oxford Industries director Dennis M.
Love reportedly sold 523 shares of the company’s stock on Monday, December 19.
This comes as related news to the preceding paragraph.
The proceeds were brought in by selling fifty-five thousand seven hundred and ten dollars’ worth of the stock at an average price per share of ninety-seven dollars and seventy-five cents. Following the successful conclusion of the transaction, the director was awarded 18,542 shares of the company, which had a total value of $1,793,011.40.
The transaction was made public through a filing that was made with the SEC, which can be located on the website of the SEC.
Additionally, on January 11 January 11, Executive Vice President Scott Grassmyer sold 2,782 shares of Oxford Industries stock.
The purchase of the shares was completed at an average price of $105.96 per share, which resulted in the transaction having a total value of 294,780.72 dollars.
The transaction resulted in the executive vice president gaining ownership of 29,379 company shares, with an approximate value of $3,112,998.84.
Disclosures related to the sale might be found in this website section.
Insiders of the company have made a profit of $397,060 by selling 3,855 shares of company stock over the past three months.
Employed employees own 5.90% of the company’s total shares.
Recent months have seen an increase in the total amount of holdings in OXM that are owned by a wide range of institutional investors and hedge funds.
During the final three months of 2013, the Norges Bank successfully completed a new investment in Oxford Industries valued at a total of $14,156,000.
An investment of $10,185,000 was made in Oxford Industries by Fuller & Thaler Asset Management INC during the first three months of the year. Vanguard Group INC grew its ownership of Oxford Industries by 5.4% during the first quarter, bringing the total percentage of the company’s stock it possessed to 95.6%.
The most recent purchase of 104,007 shares brought the total number of shares in the stock of the textile manufacturer that Vanguard Group INC owns to 2,041,686.
The value of these shares on the market currently is $184,773,000.
The amount of Oxford Industries stock owned by Renaissance Technologies LLC rose by 391.2% during the second quarter of the fiscal year. Renaissance Technologies LLC now owns 111,021 shares of the textile manufacturer’s stock after purchasing an additional 88,421 shares during the most recent quarter.
The stock is currently valued at $9,852,000.
Last but not least, during the second quarter, the percentage of ownership of Oxford Industries held by Mil