Signet Financial Management LLC held its stake in shares of Destination XL Group, Inc. (NASDAQ:DXLG) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 129,946 shares of the specialty retailer’s stock at the end of the second quarter. Signet Financial Management LLC owned 0.26% of Destination XL Group worth $305,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Royce & Associates LP acquired a new position in shares of Destination XL Group in the first quarter worth about $143,000. Teachers Advisors LLC boosted its holdings 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 worth $265,000 after buying an additional 5,953 shares during the period. Bank of New York Mellon Corp boosted its holdings in shares of 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 period. LMR Partners LLP acquired a new position in shares of Destination XL Group in the second quarter worth about $363,000. Finally, Coliseum Capital Management LLC acquired a new position in shares of Destination XL Group in the first quarter worth about $618,000. 76.72% of the stock is currently owned by institutional investors.

Shares of Destination XL Group, Inc. (DXLG) traded up 2.56% on Friday, hitting $2.00. 58,515 shares of the company’s stock traded hands. The company’s market cap is $97.06 million. Destination XL Group, Inc. has a 1-year low of $1.46 and a 1-year high of $5.00. The firm’s 50-day moving average price is $1.88 and its 200 day moving average price is $2.20.

Destination XL Group (NASDAQ:DXLG) last announced its quarterly earnings results on Thursday, August 24th. The specialty retailer reported ($0.05) EPS for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.03). Destination XL Group had a negative net margin of 2.75% and a negative return on equity of 8.87%. The company had revenue of $121.13 million during the quarter, compared to the consensus estimate of $123.57 million. The firm’s revenue was up 2.8% on a year-over-year basis. On average, equities research analysts expect that Destination XL Group, Inc. will post ($0.19) earnings per share for the current year.

Several research analysts have commented on DXLG shares. FBR & Co reiterated an “outperform” rating and issued a $3.00 target price on shares of Destination XL Group in a report on Tuesday, July 11th. Zacks Investment Research upgraded shares of Destination XL Group from a “strong sell” rating to a “hold” rating in a report on Wednesday, July 12th.

In other Destination XL Group news, Director Seymour Holtzman bought 25,000 shares of the stock in a transaction that occurred on Monday, July 10th. The stock was acquired at an average cost of $2.05 per share, with a total value of $51,250.00. Following the purchase, the director now owns 4,196,064 shares in the company, valued at $8,601,931.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 31.46% of the stock is currently owned by corporate insiders.

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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.

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

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