Barclays PLC Has $216,000 Stock Holdings in Destination XL Group, Inc. (NASDAQ:DXLG)

Barclays PLC lifted its holdings in shares of Destination XL Group, Inc. (NASDAQ:DXLG) by 14.6% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 80,598 shares of the company’s stock after buying an additional 10,255 shares during the period. Barclays PLC’s holdings in Destination XL Group were worth $216,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Intech Investment Management LLC boosted its stake in shares of Destination XL Group by 84.0% during the 4th quarter. Intech Investment Management LLC now owns 23,922 shares of the company’s stock worth $64,000 after buying an additional 10,923 shares during the last quarter. Sei Investments Co. acquired a new position in shares of Destination XL Group during the 4th quarter worth about $76,000. Wells Fargo & Company MN boosted its stake in shares of Destination XL Group by 27.8% during the 4th quarter. Wells Fargo & Company MN now owns 31,451 shares of the company’s stock worth $85,000 after buying an additional 6,850 shares during the last quarter. Jane Street Group LLC boosted its stake in shares of Destination XL Group by 19.7% during the 3rd quarter. Jane Street Group LLC now owns 64,253 shares of the company’s stock worth $189,000 after buying an additional 10,562 shares during the last quarter. Finally, LPL Financial LLC lifted its stake in Destination XL Group by 69.6% in the 4th quarter. LPL Financial LLC now owns 79,701 shares of the company’s stock valued at $214,000 after purchasing an additional 32,701 shares during the last quarter. 73.49% of the stock is currently owned by institutional investors and hedge funds.

Destination XL Group Stock Up 9.0%

NASDAQ:DXLG opened at $1.10 on Tuesday. The stock’s 50 day moving average price is $1.35 and its two-hundred day moving average price is $2.17. The firm has a market capitalization of $58.61 million, a price-to-earnings ratio of 7.30 and a beta of 0.98. Destination XL Group, Inc. has a 12-month low of $0.90 and a 12-month high of $3.93.

Destination XL Group (NASDAQ:DXLG) last released its quarterly earnings data on Thursday, March 20th. The company reported $0.02 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.02. The firm had revenue of $119.20 million for the quarter, compared to analyst estimates of $120.93 million. Destination XL Group had a return on equity of 7.21% and a net margin of 1.98%. Equities research analysts expect that Destination XL Group, Inc. will post 0.08 EPS for the current year.

Wall Street Analyst Weigh In

Separately, DA Davidson reduced their price target on Destination XL Group from $3.00 to $2.50 and set a “buy” rating for the company in a report on Friday, March 21st.

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.