Yousif Capital Management LLC decreased its stake in Five Below, Inc. (NASDAQ:FIVE – Get Rating) by 0.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 28,523 shares of the specialty retailer’s stock after selling 246 shares during the period. Yousif Capital Management LLC owned 0.05% of Five Below worth $5,045,000 at the end of the most recent reporting period.
Several other hedge funds have also made changes to their positions in the stock. FMR LLC lifted its holdings in shares of Five Below by 25.1% in the 2nd quarter. FMR LLC now owns 7,061,002 shares of the specialty retailer’s stock worth $800,929,000 after purchasing an additional 1,415,117 shares during the last quarter. BlackRock Inc. lifted its holdings in shares of Five Below by 0.3% in the 3rd quarter. BlackRock Inc. now owns 4,623,241 shares of the specialty retailer’s stock worth $636,482,000 after purchasing an additional 13,523 shares during the last quarter. Wasatch Advisors Inc. lifted its holdings in shares of Five Below by 21.4% in the 1st quarter. Wasatch Advisors Inc. now owns 2,676,533 shares of the specialty retailer’s stock worth $423,883,000 after purchasing an additional 471,349 shares during the last quarter. Price T Rowe Associates Inc. MD lifted its holdings in shares of Five Below by 4.6% in the 2nd quarter. Price T Rowe Associates Inc. MD now owns 2,215,792 shares of the specialty retailer’s stock worth $251,337,000 after purchasing an additional 97,132 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA lifted its holdings in shares of Five Below by 63.3% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 1,661,903 shares of the specialty retailer’s stock worth $228,795,000 after purchasing an additional 644,271 shares during the last quarter.
Analysts Set New Price Targets
Several research firms recently commented on FIVE. Telsey Advisory Group restated an “outperform” rating and issued a $230.00 target price on shares of Five Below in a research report on Tuesday, March 14th. Craig Hallum raised their target price on Five Below from $178.00 to $200.00 in a research report on Thursday, December 1st. Evercore ISI raised their target price on Five Below from $155.00 to $170.00 in a research report on Thursday, December 1st. Oppenheimer restated an “outperform” rating on shares of Five Below in a research report on Friday. Finally, Morgan Stanley lifted their price target on Five Below from $200.00 to $210.00 and gave the company an “overweight” rating in a research report on Friday. One analyst has rated the stock with a sell rating, three have given a hold rating and twenty-one have issued a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $207.50.
Insider Transactions at Five Below
Five Below Stock Down 1.0 %
Shares of NASDAQ FIVE opened at $193.40 on Friday. The stock has a market capitalization of $10.74 billion, a price-to-earnings ratio of 41.24, a PEG ratio of 1.86 and a beta of 1.15. The stock’s fifty day simple moving average is $198.13 and its 200 day simple moving average is $168.57. Five Below, Inc. has a 52-week low of $109.49 and a 52-week high of $212.56.
Five Below (NASDAQ:FIVE – Get Rating) last issued its earnings results on Wednesday, March 15th. The specialty retailer reported $3.07 EPS for the quarter, hitting the consensus estimate of $3.07. The business had revenue of $1.12 billion during the quarter, compared to analysts’ expectations of $1.11 billion. Five Below had a return on equity of 22.66% and a net margin of 8.50%. Five Below’s revenue was up 12.7% compared to the same quarter last year. During the same quarter last year, the firm posted $2.49 earnings per share. As a group, analysts anticipate that Five Below, Inc. will post 5.61 earnings per share for the current year.
About Five Below
Five Below, Inc operates as a specialty value retailer. It operates through the following segments: Leisure, Fashion and Home, and Party and Snack. The Leisure segment includes items such as sporting goods, games, toys, tech, books, electronic accessories, and arts and crafts. The Fashion and Home segment consists of personal accessories, “attitude“ t-shirts, beauty offerings, home goods, and storage options.
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