5 Best Value Penny Stocks To Buy

4. Destination XL Group, Inc. (NASDAQ:DXLG)

Number of Hedge Fund Holders: 18

Destination XL Group, Inc. (NASDAQ:DXLG) sells clothes and shoes for big and tall men. In May Destination XL Group, Inc. (NASDAQ:DXLG) posted Q1 results. Adjusted EPS of Destination XL Group, Inc. (NASDAQ:DXLG) in the quarter came in at $0.11 missing estimates by $0.01. Revenue in the quarter fell 1.8% year over year to $125.44 million, surpassing estimates by $1.12 million. Comparable sales in the first quarter jumped 0.6% on a YoY basis.

As of the end of the second quarter of 223, 18 hedge funds out of the 910 funds in Insider Monkey’s database reported owning stakes in Destination XL Group, Inc. (NASDAQ:DXLG). The biggest stakeholder of Destination XL Group, Inc. (NASDAQ:DXLG) was Chuck Royce’s Royce & Associates which owns a $6.41 million stake in the company.