Destination XL Group Inc. (NASDAQ:DXLG) shares traded down 4.2% during trading on Wednesday . The company traded as low as $5.01 and last traded at $5.02, with a volume of 61,230 shares traded. The stock had previously closed at $5.24.

A number of research analysts recently commented on the company. Zacks Investment Research upgraded Destination XL Group from a “hold” rating to a “buy” rating and set a $5.50 price target on the stock in a research report on Tuesday, May 24th. TheStreet upgraded Destination XL Group from a “sell” rating to a “hold” rating in a research report on Friday, March 18th. Finally, Lake Street Capital raised their price target on Destination XL Group from $8.00 to $9.00 and gave the stock a “buy” rating in a research report on Monday, March 21st. One research analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $7.50.

The stock’s 50-day moving average price is $4.76 and its 200-day moving average price is $4.84. The firm’s market cap is $248.56 million.

Destination XL Group (NASDAQ:DXLG) last issued its quarterly earnings results on Friday, May 20th. The company reported ($0.01) EPS for the quarter, meeting analysts’ consensus estimates of ($0.01). The firm had revenue of $107.90 million for the quarter, compared to analysts’ expectations of $109.56 million. During the same period in the prior year, the company earned ($0.01) EPS. The firm’s quarterly revenue was up 3.4% on a year-over-year basis. On average, equities analysts forecast that Destination XL Group Inc. will post ($0.02) EPS for the current year.

Other hedge funds and institutional investors have recently modified their holdings of the company. EAM Investors LLC boosted its position in shares of Destination XL Group by 0.4% in the fourth quarter. EAM Investors LLC now owns 298,954 shares of the company’s stock worth $1,650,000 after buying an additional 1,177 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in shares of Destination XL Group by 4.2% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,862,603 shares of the company’s stock worth $10,282,000 after buying an additional 74,690 shares in the last quarter. Finally, Greenwood Investments Inc. boosted its position in shares of Destination XL Group by 2.7% in the fourth quarter. Greenwood Investments Inc. now owns 2,186,612 shares of the company’s stock worth $12,070,000 after buying an additional 57,800 shares in the last quarter.

Destination XL Group, Inc along with its subsidiaries is a specialty retailer of big & tall men’s apparel with retail and direct operations in the United States and London, England. 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.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.