Destination XL Group Inc. (NASDAQ:DXLG) saw unusually-high trading volume on Thursday . Approximately 132,142 shares changed hands during mid-day trading, an increase of 21% from the previous session’s volume of 109,407 shares.The stock last traded at $4.91 and had previously closed at $5.02.

DXLG has been the topic of a number of research reports. Zacks Investment Research raised shares of Destination XL Group from a “hold” rating to a “buy” rating and set a $5.50 price target on the stock in a research note on Tuesday, May 24th. Lake Street Capital raised their price target on shares of Destination XL Group from $8.00 to $9.00 and gave the company a “buy” rating in a research note on Monday, March 21st. Finally, TheStreet raised shares of Destination XL Group from a “sell” rating to a “hold” rating in a research note on Friday, March 18th. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus price target of $7.50.

The firm has a 50-day moving average price of $4.76 and a 200-day moving average price of $4.84. The firm’s market cap is $242.61 million.

Destination XL Group (NASDAQ:DXLG) last issued its quarterly earnings results on Friday, May 20th. The company reported ($0.01) earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of ($0.01). The firm had revenue of $107.90 million for the quarter, compared to analyst estimates of $109.56 million. The company’s revenue was up 3.4% compared to the same quarter last year. During the same quarter last year, the firm earned ($0.01) earnings per share. On average, equities research analysts predict that Destination XL Group Inc. will post ($0.02) earnings per share for the current fiscal year.

Several hedge funds and institutional investors have recently modified their holdings of DXLG. Dimensional Fund Advisors LP raised 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 during the period. Greenwood Investments Inc. raised 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 during the period. Finally, EAM Investors LLC raised 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 during the period.

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.

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