ValuEngine upgraded shares of Destination XL Group (NASDAQ:DXLG) from a strong sell rating to a sell rating in a report published on Monday morning.
Other equities analysts have also issued research reports about the company. B. Riley reissued a buy rating on shares of Destination XL Group in a research note on Wednesday, November 1st. Zacks Investment Research upgraded Destination XL Group from a strong sell rating to a hold rating in a report on Tuesday, October 24th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and two have assigned a buy rating to the stock. The stock presently has a consensus rating of Hold and a consensus price target of $3.00.
Destination XL Group (NASDAQ:DXLG) traded down $0.05 during trading on Monday, hitting $2.15. The company had a trading volume of 40,400 shares, compared to its average volume of 240,351. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.10 and a quick ratio of 0.17. Destination XL Group has a 12-month low of $1.46 and a 12-month high of $4.45.
Several large investors have recently bought and sold shares of the company. Bank of New York Mellon Corp grew its holdings in Destination XL Group by 0.3% in the 1st quarter. Bank of New York Mellon Corp now owns 134,497 shares of the specialty retailer’s stock worth $383,000 after buying an additional 369 shares in the last quarter. Susquehanna International Group LLP increased its position in Destination XL Group by 592.0% during the second quarter. Susquehanna International Group LLP now owns 108,467 shares of the specialty retailer’s stock worth $255,000 after buying an additional 92,793 shares during the last quarter. LMR Partners LLP bought a new stake in Destination XL Group during the second quarter valued at about $363,000. Intrinsic Edge Capital Management LLC bought a new stake in Destination XL Group during the second quarter valued at about $369,000. Finally, Russell Investments Group Ltd. boosted its holdings in Destination XL Group by 72.6% during the second quarter. Russell Investments Group Ltd. now owns 386,862 shares of the specialty retailer’s stock valued at $909,000 after acquiring an additional 162,752 shares during the period. 77.75% of the stock is owned by institutional investors.
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Destination XL Group Company Profile
Destination XL Group, Inc is a specialty retailer of men’s apparel with retail and direct operations in the United States and London, England. The Company operates through the Big & Tall Men’s Apparel segment. The Company operates under the trade names of Destination XL, DXL, Casual Male XL, Casual Male XL outlets, DXL outlets, Rochester Clothing, ShoesXL and LivingXL.
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