2 weeks Ago By ABMN Staff
Long Focus Capital Management LLC boosted its stake in Destination XL Group, Inc. ( NASDAQ:DXLG – Free Report ) by 19.0% during the second quarter, Holdings Channel.
com reports. The fund owned 438,042 shares of the company’s stock after purchasing an additional 70,000 shares during the quarter. Long Focus Capital Management LLC’s holdings in Destination XL Group were worth $1,594,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Fund 1 Investments LLC grew its position in shares of Destination XL Group by 144.3% in the fourth quarter.
Fund 1 Investments LLC now owns 5,239,180 shares of the company’s stock valued at $23,052,000 after purchasing an additional 3,094,183 shares during the period. Vanguard Group Inc. boosted its holdings in Destination XL Group by 0.
8% in the 1st quarter. Vanguard Group Inc. now owns 2,926,482 shares of the company’s stock worth $10,535,000 after buying an additional 22,809 shares during the last quarter.
BNP Paribas Financial Markets increased its stake in Destination XL Group by 81.1% during the 1st quarter. BNP Paribas Financial Markets now owns 28,261 shares of the company’s stock worth $102,000 after buying an additional 12,656 shares in the last quarter.
Empowered Funds LLC raised its holdings in shares of Destination XL Group by 8.1% during the first quarter. Empowered Funds LLC now owns 55,808 shares of the company’s stock valued at $201,000 after acquiring an additional 4,200 shares during the last quarter.
Finally, Hillsdale Investment Management Inc. lifted its position in shares of Destination XL Group by 1.9% in the first quarter.
Hillsdale Investment Management Inc. now owns 584,860 shares of the company’s stock valued at $2,105,000 after acquiring an additional 10,900 shares in the last quarter. Hedge funds and other institutional investors own 73.
49% of the company’s stock. Analyst Ratings Changes DXLG has been the subject of several research reports. Craig Hallum dropped their price target on Destination XL Group from $3.
50 to $3.00 and set a “hold” rating for the company in a research report on Friday, May 31st. DA Davidson decreased their price target on shares of Destination XL Group from $6.
00 to $4.00 and set a “buy” rating on the stock in a research note on Friday, August 30th. Finally, StockNews.
com upgraded shares of Destination XL Group from a “hold” rating to a “buy” rating in a research report on Thursday. Destination XL Group Trading Down 0.4 % Shares of DXLG opened at $2.
81 on Friday. The firm has a 50-day moving average price of $3.00 and a 200 day moving average price of $3.
31. Destination XL Group, Inc. has a 12-month low of $2.
19 and a 12-month high of $4.90. The firm has a market capitalization of $163.
64 million, a P/E ratio of 7.39 and a beta of 1.29.
Destination XL Group ( NASDAQ:DXLG – Get Free Report ) last posted its quarterly earnings results on Thursday, August 29th. The company reported $0.04 earnings per share for the quarter, missing the consensus estimate of $0.
09 by ($0.05). The firm had revenue of $124.
82 million during the quarter. Destination XL Group had a net margin of 3.11% and a return on equity of 11.
10%. Destination XL Group Company Profile ( Free Report ) Destination XL Group, Inc, together with its subsidiaries, operates as a specialty retailer of big and tall men's clothing and shoes in the United States. The company's stores offer sportswear and dresswear; fashion-neutral items, including jeans, casual pants, T-shirts, polo shirts, dress shirts, and suit separates; and casual clothing.
Recommended Stories Want to see what other hedge funds are holding DXLG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Destination XL Group, Inc. ( NASDAQ:DXLG – Free Report ).
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