EAM Investors LLC purchased a new stake in Destination Maternity Corp (NASDAQ:DEST) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 134,938 shares of the company’s stock, valued at approximately $785,000. EAM Investors LLC owned about 0.91% of Destination Maternity as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also modified their holdings of the stock. Whittier Trust Co. bought a new position in Destination Maternity during the 2nd quarter worth approximately $293,000. Silicon Valley Capital Partners bought a new position in Destination Maternity during the 2nd quarter worth approximately $167,000. Levin Capital Strategies L.P. lifted its holdings in Destination Maternity by 191.5% during the 1st quarter. Levin Capital Strategies L.P. now owns 50,820 shares of the company’s stock worth $1,616,000 after buying an additional 33,385 shares during the last quarter. Mutual Advisors LLC bought a new position in Destination Maternity during the 1st quarter worth approximately $174,000. Finally, Dimensional Fund Advisors LP lifted its holdings in Destination Maternity by 10.8% during the 1st quarter. Dimensional Fund Advisors LP now owns 367,824 shares of the company’s stock worth $953,000 after buying an additional 35,885 shares during the last quarter. 32.90% of the stock is owned by hedge funds and other institutional investors.

NASDAQ:DEST opened at $4.35 on Tuesday. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.24 and a quick ratio of 0.32. Destination Maternity Corp has a 52 week low of $1.02 and a 52 week high of $6.84.

Destination Maternity (NASDAQ:DEST) last released its earnings results on Thursday, June 14th. The company reported $0.07 EPS for the quarter. Destination Maternity had a negative return on equity of 17.82% and a negative net margin of 5.02%. The company had revenue of $103.23 million for the quarter.

In other news, CEO Marla A. Ryan bought 12,000 shares of Destination Maternity stock in a transaction on Friday, June 15th. The shares were bought at an average price of $4.80 per share, with a total value of $57,600.00. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 2.70% of the company’s stock.

Separately, ValuEngine raised Destination Maternity from a “hold” rating to a “buy” rating in a report on Tuesday, June 26th.

Destination Maternity Company Profile

Destination Maternity Corporation designs and retails maternity apparel. As of February 3, 2018, the company operated 1,124 retail locations, including 487 stores in the United States, Canada, and Puerto Rico under the Motherhood Maternity, A Pea in the Pod, and Destination Maternity names; and 637 leased department locations in the United States and Puerto Rico.

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Institutional Ownership by Quarter for Destination Maternity (NASDAQ:DEST)

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