Towle & Co Has Increased Destination Maternity Corporat (DEST) Position

July 17, 2017 - By Michael Collier

Investors sentiment decreased to 0.53 in Q4 2016. Its down 0.47, from 1 in 2016Q3. It dived, as 10 investors sold DEST shares while 20 reduced holdings. 8 funds opened positions while 8 raised stakes. 7.59 million shares or 16.68% less from 9.10 million shares in 2016Q3 were reported. California Pub Employees Retirement Sys owns 113,044 shares. Morgan Stanley reported 100 shares. Royal Bank Of Canada holds 0% in Destination Maternity Corp (NASDAQ:DEST) or 71,518 shares. Sei Invs holds 0% or 4,240 shares. Towle And, Missouri-based fund reported 2.10 million shares. Comml Bank Of New York Mellon reported 0% stake. The British Columbia – Canada-based Connor Clark And Lunn Management Limited has invested 0% in Destination Maternity Corp (NASDAQ:DEST). First Heartland Consultants invested in 79,300 shares or 0.12% of the stock. Pennsylvania-based Vanguard Grp Inc Inc has invested 0% in Destination Maternity Corp (NASDAQ:DEST). Invesco Limited holds 54,667 shares or 0% of its portfolio. Palo has 19,621 shares. Natl Bank Of America Corporation De accumulated 200 shares. Citigroup has invested 0% of its portfolio in Destination Maternity Corp (NASDAQ:DEST). Susquehanna Grp Incorporated Llp invested in 0% or 10,090 shares. Disciplined Growth Investors Inc Mn invested 0.08% of its portfolio in Destination Maternity Corp (NASDAQ:DEST).

Towle & Co increased its stake in Destination Maternity Corporat (DEST) by 62.7% based on its latest 2016Q4 regulatory filing with the SEC. Towle & Co bought 808,402 shares as the company’s stock declined 31.47% while stock markets rallied. The institutional investor held 2.10M shares of the clothing and shoe and accessory stores company at the end of 2016Q4, valued at $10.85M, up from 1.29 million at the end of the previous reported quarter. Towle & Co who had been investing in Destination Maternity Corporat for a number of months, seems to be bullish on the $40.71M market cap company. The stock rose 3.96% or $0.11 reaching $2.89 per share. About 19,570 shares traded. Destination Maternity Corp (NASDAQ:DEST) has declined 39.97% since July 17, 2016 and is downtrending. It has underperformed by 56.67% the S&P500.

More notable recent Destination Maternity Corp (NASDAQ:DEST) news were published by: Seekingalpha.com which released: “The Shorts Are In On Destination Maternity” on January 28, 2016, also Bizjournals.com with their article: “Destination Maternity CFO resigns, up to 30 stores shuttering” published on March 30, 2016, Wsj.com published: “After Being Rebuffed, Orchestra-Premaman Boosts Cash in Destination Maternity …” on February 08, 2016. More interesting news about Destination Maternity Corp (NASDAQ:DEST) were released by: Prnewswire.com and their article: “Destination Maternity Corporation Announces Conference Call for Second Quarter …” published on August 18, 2016 as well as Seekingalpha.com‘s news article titled: “Destination Maternity Corporation’s (DEST) CEO Anthony Romano on Q1 2017 …” with publication date: June 08, 2017.

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