Destination XL Group, Inc. (NASDAQ:DXLG) Shares Bought by Barclays PLC

Barclays PLC raised its position in Destination XL Group, Inc. (NASDAQ:DXLG) by 270.2% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 70,343 shares of the company’s stock after acquiring an additional 51,341 shares during the period. Barclays PLC’s holdings in Destination XL Group were worth $207,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of DXLG. SG Americas Securities LLC acquired a new position in Destination XL Group in the 3rd quarter valued at about $3,006,000. Healthcare of Ontario Pension Plan Trust Fund acquired a new position in shares of Destination XL Group in the 3rd quarter worth approximately $2,940,000. American Century Companies Inc. lifted its holdings in shares of Destination XL Group by 15.4% in the 2nd quarter. American Century Companies Inc. now owns 1,198,911 shares of the company’s stock worth $4,364,000 after acquiring an additional 159,943 shares during the last quarter. Exchange Traded Concepts LLC acquired a new position in shares of Destination XL Group in the 3rd quarter worth approximately $327,000. Finally, Long Focus Capital Management LLC lifted its holdings in shares of Destination XL Group by 19.0% in the 2nd quarter. Long Focus Capital Management LLC now owns 438,042 shares of the company’s stock worth $1,594,000 after acquiring an additional 70,000 shares during the last quarter. 73.49% of the stock is currently owned by institutional investors and hedge funds.

Destination XL Group Trading Down 0.4 %

Shares of NASDAQ:DXLG opened at $2.70 on Tuesday. Destination XL Group, Inc. has a 52 week low of $2.15 and a 52 week high of $4.51. The company’s 50 day moving average is $2.64 and its two-hundred day moving average is $2.92. The company has a market cap of $146.63 million, a PE ratio of 18.00 and a beta of 1.28.

Destination XL Group (NASDAQ:DXLG) last posted its earnings results on Friday, November 22nd. The company reported ($0.03) EPS for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.06). Destination XL Group had a net margin of 1.98% and a return on equity of 7.21%. During the same quarter in the previous year, the company earned $0.06 earnings per share.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the stock. StockNews.com lowered shares of Destination XL Group from a “buy” rating to a “hold” rating in a report on Friday, October 4th. DA Davidson decreased their price objective on shares of Destination XL Group from $3.50 to $3.00 and set a “buy” rating on the stock in a report on Tuesday, December 24th.

Destination XL Group Company Profile

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.