Dimensional Fund Advisors LP raised its holdings at Destination Maternity Corp (NASDAQ: DEST) by 4.5% in the second quarter, the company said in its latest disclosure to the Securities and Exchange Commission. The company held 384,340 shares of the company's shares after purchasing an additional 16,516 shares during the period. Dimensional Fund Advisors LP owned about 2.58% of the parent destination for $ 2,237,000 as of the most recent SEC bid.
Several other institutional investors have also changed their stock of the company. EAM Investors LLC bought a new position in Destination Maternity in the second quarter for about $ 785,000. Silicon Valley Capital Partners acquired a new stake in Destination Maternity in the second quarter at a cost of about $ 167,000. Finally, the Whittier Trust Co. acquired a new stake in Destination Maternity in the second quarter at a cost of about $ 293,000 40.09% of the shares belong to institutional investors and hedge funds.
DEST shares traded at $ 0.19 during Monday trading, reaching $ 4.91. 18,800 shares were exchanged, compared with an average volume of 177,767 units. Destination Maternity Corp has a twelve-month minimum of $ 1.88 and a twelve-month maximum of 6.84 dollars. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.24 and a fast ratio of 0.27.
“Destination Maternity” (NASDAQ: DEST) last published its quarterly earnings data on Monday, September 10th. The company reported ($ 0.11) earnings per share for the quarter. The company's revenue amounted to $ 96.40 million. For the quarter. Population Maternity had a negative net margin of 5.36% and a negative return on equity of 19.45%.
Separately, ValuEngine lowered target maternity from a “buy” rating to a “retained” rating in a study published on Wednesday, November 7th.
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About parental destination house
Destination Maternity Corporation develops and sells maternity clothing. As of February 3, 2018, the company operated 1,128 retail outlets, including 487 stores in the United States, Canada and Puerto Rico according to the names of maternity maternity, pea subtypes and destination; and 637 leased offices in the United States and Puerto Rico.
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