SG Americas Securities LLC Has $137,000 Stake in Destination XL Group, Inc. (NASDAQ:DXLG)

SG Americas Securities LLC boosted its holdings in Destination XL Group, Inc. (NASDAQ:DXLG) by 24.3% in the 4th quarter, Holdings Channel.com reports. The firm owned 31,056 shares of the company’s stock after acquiring an additional 6,066 shares during the period. SG Americas Securities LLC’s holdings in Destination XL Group were worth $137,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Diversified Trust Co acquired a new stake in Destination XL Group in the 4th quarter worth about $69,000. American Century Companies Inc. raised its stake in Destination XL Group by 14.9% in the 3rd quarter. American Century Companies Inc. now owns 744,917 shares of the company’s stock worth $3,337,000 after purchasing an additional 96,580 shares in the last quarter. Deutsche Bank AG raised its stake in Destination XL Group by 24.9% in the 3rd quarter. Deutsche Bank AG now owns 24,609 shares of the company’s stock worth $110,000 after purchasing an additional 4,912 shares in the last quarter. Royal Bank of Canada raised its stake in Destination XL Group by 6.3% in the 3rd quarter. Royal Bank of Canada now owns 166,298 shares of the company’s stock worth $745,000 after purchasing an additional 9,907 shares in the last quarter. Finally, Schonfeld Strategic Advisors LLC acquired a new position in shares of Destination XL Group in the 3rd quarter valued at approximately $47,000. Institutional investors and hedge funds own 73.49% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded shares of Destination XL Group from a “hold” rating to a “buy” rating in a research report on Wednesday, March 20th.

Destination XL Group Trading Down 1.2 %

Shares of NASDAQ:DXLG opened at $3.27 on Wednesday. The firm has a 50 day moving average of $3.68 and a 200-day moving average of $4.04. The stock has a market capitalization of $189.63 million, a PE ratio of 7.60 and a beta of 1.30. Destination XL Group, Inc. has a 12 month low of $3.18 and a 12 month high of $5.36.

Destination XL Group (NASDAQ:DXLG) last issued its earnings results on Thursday, March 21st. The company reported $0.10 EPS for the quarter. The company had revenue of $137.14 million during the quarter. Destination XL Group had a net margin of 5.34% and a return on equity of 21.84%.

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.