AQR Capital Management LLC Has $1.06 Million Stock Holdings in Destination XL Group, Inc. (NASDAQ:DXLG)

AQR Capital Management LLC reduced its holdings in Destination XL Group, Inc. (NASDAQ:DXLG - Free Report) by 59.4% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 291,303 shares of the company's stock after selling 425,915 shares during the quarter. AQR Capital Management LLC owned approximately 0.50% of Destination XL Group worth $1,060,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Dimensional Fund Advisors LP lifted its holdings in Destination XL Group by 0.9% during the 2nd 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 in the last quarter. American Century Companies Inc. lifted its holdings in Destination XL Group by 15.4% during the 2nd quarter. American Century Companies Inc. now owns 1,198,911 shares of the company's stock worth $4,364,000 after buying an additional 159,943 shares in the last quarter. Bank of New York Mellon Corp lifted its holdings in Destination XL Group by 7.3% during the 2nd quarter. Bank of New York Mellon Corp now owns 352,282 shares of the company's stock worth $1,282,000 after buying an additional 23,835 shares in the last quarter. Hillsdale Investment Management Inc. lifted its holdings in Destination XL Group by 1.9% during the 1st quarter. Hillsdale Investment Management Inc. now owns 584,860 shares of the company's stock worth $2,105,000 after buying an additional 10,900 shares in the last quarter. Finally, Vanguard Group Inc. lifted its holdings in Destination XL Group by 0.8% during the 1st quarter. Vanguard Group Inc. now owns 2,926,482 shares of the company's stock worth $10,535,000 after buying an additional 22,809 shares in the last quarter. 73.49% of the stock is owned by institutional investors and hedge funds.

Destination XL Group Price Performance

Shares of DXLG stock traded up $0.13 during trading hours on Friday, reaching $2.88. The company had a trading volume of 202,987 shares, compared to its average volume of 318,670. The company has a 50 day moving average of $2.83 and a 200 day moving average of $3.25. The firm has a market cap of $167.72 million, a price-to-earnings ratio of 7.58 and a beta of 1.30. Destination XL Group, Inc. has a 1-year low of $2.19 and a 1-year high of $4.90.

Destination XL Group (NASDAQ:DXLG - Get Free Report) last announced its quarterly earnings results on Thursday, August 29th. The company reported $0.04 EPS for the quarter, missing analysts' consensus estimates of $0.09 by ($0.05). The company had revenue of $124.82 million during the quarter. Destination XL Group had a net margin of 3.11% and a return on equity of 11.10%.

Analyst Upgrades and Downgrades

Several research firms have issued reports on DXLG. DA Davidson reduced their price objective on Destination XL Group from $6.00 to $4.00 and set a "buy" rating on the stock in a report on Friday, August 30th. StockNews.com downgraded Destination XL Group from a "buy" rating to a "hold" rating in a report on Friday, October 4th.

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.