Destination Maternity Corporation (NASDAQ:DEST) Stake Maintained by Mondrian Investment Partners LTD
Mondrian Investment Partners LTD maintained its position in Destination Maternity Corporation (NASDAQ:DEST) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 250,472 shares of the company’s stock at the end of the second quarter. Mondrian Investment Partners LTD’s holdings in Destination Maternity Corporation were worth $809,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Sanders Morris Harris Inc. acquired a new position in Destination Maternity Corporation during the first quarter valued at approximately $751,000. Gabelli Funds LLC boosted its position in Destination Maternity Corporation by 14.7% in the first quarter. Gabelli Funds LLC now owns 38,940 shares of the company’s stock valued at $166,000 after buying an additional 5,000 shares during the period. S. Muoio & CO. LLC acquired a new position in Destination Maternity Corporation during the first quarter valued at approximately $695,000. Finally, First Heartland Consultants Inc. boosted its position in Destination Maternity Corporation by 46.2% in the first quarter. First Heartland Consultants Inc. now owns 115,900 shares of the company’s stock valued at $494,000 after buying an additional 36,600 shares during the period. Institutional investors and hedge funds own 54.16% of the company’s stock.
Destination Maternity Corporation (DEST) opened at 1.42 on Friday. The firm’s market cap is $19.86 million. The company has a 50 day moving average price of $2.72 and a 200 day moving average price of $4.06. Destination Maternity Corporation has a 1-year low of $1.20 and a 1-year high of $8.42.
Destination Maternity Corporation (NASDAQ:DEST) last issued its quarterly earnings results on Thursday, June 8th. The company reported ($0.05) earnings per share (EPS) for the quarter. The business had revenue of $106.43 million during the quarter. Destination Maternity Corporation had a negative net margin of 9.13% and a negative return on equity of 9.15%. On average, equities research analysts forecast that Destination Maternity Corporation will post $1.17 earnings per share for the current year.
Destination Maternity Corporation Company Profile
Destination Maternity Corporation, formerly Mothers Work, Inc is a designer and retailer of maternity apparel in the United States. The Company operates a chain of maternity apparel specialty stores. The Company operates through the design, manufacture, and sale of maternity apparel and related accessories segment.
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