FBR & Co reaffirmed their outperform rating on shares of Destination XL Group, Inc. (NASDAQ:DXLG) in a report published on Tuesday, MarketBeat reports. FBR & Co currently has a $3.00 price target on the specialty retailer’s stock.

Separately, Zacks Investment Research cut Destination XL Group from a hold rating to a strong sell rating in a report on Thursday, May 25th. One investment analyst has rated the stock with a hold rating and three have given a buy rating to the company’s stock. Destination XL Group has a consensus rating of Buy and a consensus price target of $4.75.

Shares of Destination XL Group (NASDAQ DXLG) opened at 2.00 on Tuesday. The company has a 50-day moving average price of $2.36 and a 200-day moving average price of $2.91. The company’s market capitalization is $98.53 million. Destination XL Group has a 12 month low of $1.85 and a 12 month high of $5.57.

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

ILLEGAL ACTIVITY WARNING: This story was originally reported by Watch List News and is owned by of Watch List News. If you are accessing this story on another site, it was illegally stolen and republished in violation of U.S. & international copyright and trademark legislation. The original version of this story can be read at https://www.watchlistnews.com/destination-xl-group-inc-nasdaqdxlg-rating-reiterated-by-fbr-co/1444548.html.

In other Destination XL Group news, Director Seymour Holtzman purchased 25,000 shares of the firm’s stock in a transaction dated Monday, July 10th. The shares were acquired at an average price of $2.05 per share, with a total value of $51,250.00. Following the purchase, the director now directly owns 4,196,064 shares in the company, valued at approximately $8,601,931.20. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 31.46% of the company’s stock.

Several institutional investors have recently made changes to their positions in the stock. Greenwood Investments Inc. raised its position in shares of Destination XL Group by 4.1% in the fourth quarter. Greenwood Investments Inc. now owns 1,276,439 shares of the specialty retailer’s stock valued at $5,425,000 after buying an additional 50,000 shares during the period. ICM Asset Management Inc. WA raised its position in shares of Destination XL Group by 13.4% in the fourth quarter. ICM Asset Management Inc. WA now owns 277,710 shares of the specialty retailer’s stock valued at $1,180,000 after buying an additional 32,790 shares during the period. Teachers Advisors LLC raised its position in shares of Destination XL Group by 10.6% in the fourth quarter. Teachers Advisors LLC now owns 62,242 shares of the specialty retailer’s stock valued at $265,000 after buying an additional 5,953 shares during the period. Coliseum Capital Management LLC acquired a new position in shares of Destination XL Group during the first quarter valued at approximately $618,000. Finally, VNBTrust National Association acquired a new position in shares of Destination XL Group during the second quarter valued at approximately $657,000. 78.76% of the stock is currently owned by institutional investors and hedge funds.

About Destination XL Group

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.

Receive News & Ratings for Destination XL Group Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Destination XL Group Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.