Creative Planning continued to hold its position in Destination XL Group, Inc. (NASDAQ:DXLG) during the second quarter, Holdings Channel reports. The institutional investor owned 94,875 shares of the specialty retailer’s stock at the end of the second quarter. Creative Planning’s holdings in Destination XL Group were worth $223,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the company. State Street Corp increased its position in Destination XL Group by 3.1% in the fourth quarter. State Street Corp now owns 556,658 shares of the specialty retailer’s stock worth $2,368,000 after buying an additional 16,944 shares during the last quarter. Teachers Advisors LLC increased its position in Destination XL Group by 10.6% in the fourth quarter. Teachers Advisors LLC now owns 62,242 shares of the specialty retailer’s stock worth $265,000 after buying an additional 5,953 shares during the last quarter. Essex Investment Management Co. LLC increased its position in Destination XL Group by 32.1% in the first quarter. Essex Investment Management Co. LLC now owns 165,286 shares of the specialty retailer’s stock worth $471,000 after buying an additional 40,146 shares during the last quarter. Prescott Group Capital Management L.L.C. increased its position in Destination XL Group by 39.4% in the first quarter. Prescott Group Capital Management L.L.C. now owns 3,471,598 shares of the specialty retailer’s stock worth $9,894,000 after buying an additional 980,515 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its position in Destination XL Group by 0.3% in the first 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 during the last quarter. 79.80% of the stock is owned by institutional investors.

Shares of Destination XL Group, Inc. (NASDAQ DXLG) traded down 1.351% during midday trading on Monday, reaching $1.825. 61,267 shares of the company’s stock were exchanged. The company’s market cap is $89.91 million. Destination XL Group, Inc. has a 12-month low of $1.70 and a 12-month high of $5.57. The stock’s 50 day moving average price is $2.20 and its 200 day moving average price is $2.58.

Destination XL Group (NASDAQ:DXLG) last posted its quarterly earnings results on Friday, May 19th. The specialty retailer reported ($0.07) EPS for the quarter, missing the consensus estimate of ($0.05) by $0.02. Destination XL Group had a negative net margin of 1.90% and a negative return on equity of 5.81%. The business had revenue of $107.70 million during the quarter, compared to the consensus estimate of $109.24 million. The business’s quarterly revenue was down .2% on a year-over-year basis. Equities analysts anticipate that Destination XL Group, Inc. will post ($0.11) earnings per share for the current fiscal year.

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DXLG has been the subject of a number of research reports. Zacks Investment Research downgraded shares of Destination XL Group from a “hold” rating to a “strong sell” rating in a research note on Thursday, May 25th. FBR & Co reissued an “outperform” rating and issued a $3.00 price target on shares of Destination XL Group in a research note on Tuesday, July 11th.

In other news, Director Seymour Holtzman acquired 25,000 shares of the business’s stock in a transaction dated Monday, July 10th. The shares were purchased at an average price of $2.05 per share, with a total value of $51,250.00. Following the transaction, the director now directly owns 4,196,064 shares in the company, valued at $8,601,931.20. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 31.46% of the stock is owned by insiders.

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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Institutional Ownership by Quarter for Destination XL Group (NASDAQ:DXLG)

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