Destination XL Group (NASDAQ:DXLG) Upgraded at Wall Street Zen

Destination XL Group (NASDAQ:DXLG) was upgraded by equities research analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a report released on Monday.

Destination XL Group Stock Down 2.1%

NASDAQ:DXLG opened at $1.42 on Monday. The business’s 50 day moving average is $1.31 and its two-hundred day moving average is $1.28. Destination XL Group has a 52 week low of $0.90 and a 52 week high of $3.10. The company has a market cap of $76.51 million, a PE ratio of -15.78 and a beta of 1.20.

Institutional Trading of Destination XL Group

Hedge funds have recently made changes to their positions in the stock. Quadrature Capital Ltd bought a new stake in shares of Destination XL Group in the 2nd quarter worth approximately $38,000. ProShare Advisors LLC lifted its holdings in shares of Destination XL Group by 49.1% in the 4th quarter. ProShare Advisors LLC now owns 15,091 shares of the company’s stock worth $41,000 after purchasing an additional 4,967 shares during the last quarter. Bank of America Corp DE lifted its holdings in shares of Destination XL Group by 24.4% in the 2nd quarter. Bank of America Corp DE now owns 42,894 shares of the company’s stock worth $48,000 after purchasing an additional 8,404 shares during the last quarter. Concurrent Investment Advisors LLC bought a new stake in shares of Destination XL Group in the 2nd quarter worth approximately $62,000. Finally, Price T Rowe Associates Inc. MD lifted its holdings in shares of Destination XL Group by 43.0% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 23,334 shares of the company’s stock worth $63,000 after purchasing an additional 7,020 shares during the last quarter. Institutional investors own 73.49% of the company’s stock.

About Destination XL Group

Destination XL Group, Inc, together with its subsidiaries, operates as a specialty retailer of big and tall men’s clothing and shoes in the United States. The company’s stores offer sportswear and dresswear; fashion-neutral items, including jeans, casual pants, T-shirts, polo shirts, dress shirts, and suit separates; and casual clothing.