Nisa Investment Advisors LLC Boosts Stake in Five Below, Inc. (NASDAQ:FIVE)

Nisa Investment Advisors LLC boosted its stake in shares of Five Below, Inc. (NASDAQ:FIVE) by 4,793.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,083 shares of the specialty retailer’s stock after buying an additional 3,020 shares during the period. Nisa Investment Advisors LLC’s holdings in Five Below were worth $657,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently made changes to their positions in FIVE. Sunbelt Securities Inc. lifted its holdings in shares of Five Below by 76.3% during the 2nd quarter. Sunbelt Securities Inc. now owns 134 shares of the specialty retailer’s stock valued at $26,000 after purchasing an additional 58 shares during the last quarter. Canada Pension Plan Investment Board lifted its holdings in shares of Five Below by 93.0% during the 1st quarter. Canada Pension Plan Investment Board now owns 193 shares of the specialty retailer’s stock valued at $31,000 after purchasing an additional 93 shares during the last quarter. Planned Solutions Inc. purchased a new stake in shares of Five Below during the 4th quarter valued at $34,000. CVA Family Office LLC purchased a new stake in shares of Five Below during the 4th quarter valued at $36,000. Finally, Coppell Advisory Solutions LLC purchased a new stake in shares of Five Below during the 2nd quarter valued at $40,000.

Five Below Stock Performance

Shares of FIVE opened at $149.30 on Wednesday. The business’s 50-day moving average is $186.30 and its two-hundred day moving average is $186.14. The company has a market capitalization of $8.25 billion, a P/E ratio of 27.55, a P/E/G ratio of 1.26 and a beta of 1.19. Five Below, Inc. has a fifty-two week low of $144.57 and a fifty-two week high of $216.18.

Five Below (NASDAQ:FIVE) last announced its quarterly earnings results on Wednesday, March 20th. The specialty retailer reported $3.65 earnings per share for the quarter, missing the consensus estimate of $3.78 by ($0.13). Five Below had a return on equity of 20.80% and a net margin of 8.46%. The company had revenue of $1.34 billion for the quarter, compared to analyst estimates of $1.35 billion. During the same period in the prior year, the business posted $3.07 earnings per share. Five Below’s revenue for the quarter was up 19.1% on a year-over-year basis. Analysts forecast that Five Below, Inc. will post 6.06 EPS for the current year.

Insider Transactions at Five Below

In other news, Director Thomas Vellios sold 10,000 shares of the stock in a transaction dated Friday, January 19th. The shares were sold at an average price of $185.82, for a total transaction of $1,858,200.00. Following the sale, the director now directly owns 333,697 shares of the company’s stock, valued at approximately $62,007,576.54. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Corporate insiders own 1.80% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently commented on FIVE shares. UBS Group decreased their price objective on Five Below from $270.00 to $245.00 and set a “buy” rating for the company in a report on Thursday, March 21st. Telsey Advisory Group cut their target price on Five Below from $230.00 to $220.00 and set an “outperform” rating on the stock in a research report on Thursday, March 21st. Morgan Stanley cut their target price on Five Below from $225.00 to $210.00 and set an “overweight” rating on the stock in a research report on Thursday, March 21st. Gordon Haskett downgraded Five Below from a “buy” rating to an “accumulate” rating and cut their target price for the company from $210.00 to $200.00 in a research report on Wednesday, April 3rd. Finally, Craig Hallum cut their target price on Five Below from $195.00 to $187.00 and set a “hold” rating on the stock in a research report on Thursday, March 21st. One research analyst has rated the stock with a sell rating, four have issued a hold rating and thirteen have issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $212.83.

Five Below Profile

Five Below, Inc operates as a specialty value retailer in the United States. The company offers range of accessories, which includes novelty socks, sunglasses, jewelry, scarves, gloves, hair accessories, athletic tops and bottoms, and t-shirts, as well as nail polish, lip gloss, fragrance, and branded cosmetics; and personalized living space products, such as lamps, posters, frames, fleece blankets, plush items, pillows, candles, incense, lighting, novelty décor, accent furniture, and related items, as well as provides storage options.