Jane Street Group LLC Acquires 10,562 Shares of Destination XL Group, Inc. (NASDAQ:DXLG)

Jane Street Group LLC increased its stake in shares of Destination XL Group, Inc. (NASDAQ:DXLG) by 19.7% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 64,253 shares of the company’s stock after purchasing an additional 10,562 shares during the quarter. Jane Street Group LLC owned about 0.11% of Destination XL Group worth $189,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in DXLG. Dimensional Fund Advisors LP raised its stake in shares of Destination XL Group by 0.9% during the second quarter. Dimensional Fund Advisors LP now owns 2,026,076 shares of the company’s stock worth $7,375,000 after buying an additional 18,952 shares during the last quarter. American Century Companies Inc. increased its position in shares of Destination XL Group by 15.4% during the second quarter. American Century Companies Inc. now owns 1,198,911 shares of the company’s stock worth $4,364,000 after acquiring an additional 159,943 shares in the last quarter. State Street Corp raised its stake in shares of Destination XL Group by 0.6% in the 3rd quarter. State Street Corp now owns 1,058,907 shares of the company’s stock valued at $3,113,000 after purchasing an additional 6,300 shares during the period. SG Americas Securities LLC bought a new stake in Destination XL Group in the 3rd quarter valued at approximately $3,006,000. Finally, Healthcare of Ontario Pension Plan Trust Fund bought a new stake in shares of Destination XL Group in the third quarter worth $2,940,000. 73.49% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts have weighed in on DXLG shares. StockNews.com downgraded Destination XL Group from a “buy” rating to a “hold” rating in a research note on Friday, October 4th. DA Davidson cut their price objective on shares of Destination XL Group from $3.50 to $3.00 and set a “buy” rating for the company in a research report on Tuesday, December 24th.

Destination XL Group Price Performance

Shares of NASDAQ DXLG opened at $2.63 on Monday. The stock has a market capitalization of $142.84 million, a PE ratio of 17.53 and a beta of 1.30. The business has a fifty day moving average price of $2.63 and a two-hundred day moving average price of $2.89. Destination XL Group, Inc. has a fifty-two week low of $2.15 and a fifty-two week high of $4.51.

Destination XL Group (NASDAQ:DXLG) last announced its quarterly earnings data on Friday, November 22nd. The company reported ($0.03) EPS for the quarter, missing the consensus estimate of $0.03 by ($0.06). Destination XL Group had a net margin of 1.98% and a return on equity of 7.21%. During the same quarter last year, the company earned $0.06 EPS.

Destination XL Group Profile

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.