Los Angeles Capital Management LLC Boosts Stake in Destination XL Group, Inc. (NASDAQ:DXLG)

Los Angeles Capital Management LLC raised its holdings in Destination XL Group, Inc. (NASDAQ:DXLG) by 7.7% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 88,626 shares of the company’s stock after acquiring an additional 6,300 shares during the period. Los Angeles Capital Management LLC’s holdings in Destination XL Group were worth $261,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Vanguard Group Inc. raised its stake in Destination XL Group by 0.8% in the first quarter. Vanguard Group Inc. now owns 2,926,482 shares of the company’s stock valued at $10,535,000 after purchasing an additional 22,809 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of Destination XL Group by 0.9% in the 2nd quarter. Dimensional Fund Advisors LP now owns 2,026,076 shares of the company’s stock worth $7,375,000 after buying an additional 18,952 shares during the last quarter. American Century Companies Inc. raised its position in shares of Destination XL Group by 15.4% during the 2nd quarter. American Century Companies Inc. now owns 1,198,911 shares of the company’s stock valued at $4,364,000 after buying an additional 159,943 shares in the last quarter. SG Americas Securities LLC bought a new stake in shares of Destination XL Group during the 3rd quarter worth $3,006,000. Finally, Long Focus Capital Management LLC increased its stake in Destination XL Group by 19.0% in the second quarter. Long Focus Capital Management LLC now owns 438,042 shares of the company’s stock valued at $1,594,000 after acquiring an additional 70,000 shares during the last quarter. Institutional investors own 73.49% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have issued reports on the company. DA Davidson dropped their price target on Destination XL Group from $6.00 to $4.00 and set a “buy” rating for the company in a research note on Friday, August 30th. StockNews.com downgraded Destination XL Group from a “buy” rating to a “hold” rating in a research report on Friday, October 4th.

Destination XL Group Stock Down 1.4 %

Shares of NASDAQ:DXLG opened at $2.80 on Tuesday. The stock has a market cap of $163.13 million, a PE ratio of 11.67 and a beta of 1.32. The company’s fifty day moving average is $2.81 and its 200 day moving average is $3.15. Destination XL Group, Inc. has a 52 week low of $2.19 and a 52 week high of $4.76.

Destination XL Group (NASDAQ:DXLG) last released its quarterly earnings data on Thursday, August 29th. The company reported $0.04 EPS for the quarter, missing the consensus estimate of $0.09 by ($0.05). The company had revenue of $124.82 million during the quarter. Destination XL Group had a return on equity of 11.10% and a net margin of 3.11%.

About Destination XL Group

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.