Xponance Inc. Reduces Stake in Five Below, Inc. (NASDAQ:FIVE)

Xponance Inc. reduced its position in Five Below, Inc. (NASDAQ:FIVE) by 3.9% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,850 shares of the specialty retailer’s stock after selling 478 shares during the period. Xponance Inc.’s holdings in Five Below were worth $2,526,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Park Place Capital Corp increased its position in Five Below by 11.5% during the third quarter. Park Place Capital Corp now owns 641 shares of the specialty retailer’s stock worth $103,000 after buying an additional 66 shares in the last quarter. Kestra Advisory Services LLC increased its position in Five Below by 2.2% during the third quarter. Kestra Advisory Services LLC now owns 3,103 shares of the specialty retailer’s stock worth $499,000 after buying an additional 67 shares in the last quarter. Vanguard Personalized Indexing Management LLC increased its position in Five Below by 2.2% during the third quarter. Vanguard Personalized Indexing Management LLC now owns 3,270 shares of the specialty retailer’s stock worth $526,000 after buying an additional 71 shares in the last quarter. Wealth Alliance increased its position in Five Below by 3.7% during the fourth quarter. Wealth Alliance now owns 2,090 shares of the specialty retailer’s stock worth $446,000 after buying an additional 75 shares in the last quarter. Finally, Lmcg Investments LLC increased its position in Five Below by 2.3% during the third quarter. Lmcg Investments LLC now owns 4,297 shares of the specialty retailer’s stock worth $691,000 after buying an additional 95 shares in the last quarter.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on the company. Wells Fargo & Company dropped their price target on Five Below from $200.00 to $180.00 and set an “equal weight” rating for the company in a research report on Thursday, March 21st. Gordon Haskett cut Five Below from a “buy” rating to an “accumulate” rating and decreased their price objective for the stock from $210.00 to $200.00 in a report on Wednesday, April 3rd. Truist Financial decreased their price objective on Five Below from $214.00 to $204.00 and set a “buy” rating on the stock in a report on Thursday, March 21st. UBS Group decreased their price objective on Five Below from $270.00 to $245.00 and set a “buy” rating on the stock in a report on Thursday, March 21st. Finally, Telsey Advisory Group decreased their price objective on Five Below from $230.00 to $220.00 and set an “outperform” rating on the stock in a report on Thursday, March 21st. One equities 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 company. According to data from MarketBeat.com, Five Below currently has a consensus rating of “Moderate Buy” and an average price target of $212.83.

Five Below Price Performance

Shares of FIVE opened at $148.61 on Tuesday. The stock’s 50-day moving average is $183.41 and its two-hundred day moving average is $185.90. The stock has a market cap of $8.21 billion, a PE ratio of 27.42, a P/E/G ratio of 1.20 and a beta of 1.19. Five Below, Inc. has a 12 month low of $144.57 and a 12 month high of $216.18.

Five Below (NASDAQ:FIVE) last issued its quarterly earnings data on Wednesday, March 20th. The specialty retailer reported $3.65 EPS for the quarter, missing analysts’ consensus estimates of $3.78 by ($0.13). The company had revenue of $1.34 billion for the quarter, compared to analyst estimates of $1.35 billion. Five Below had a return on equity of 20.80% and a net margin of 8.46%. The company’s revenue for the quarter was up 19.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $3.07 EPS. On average, research analysts anticipate that Five Below, Inc. will post 6.06 earnings per share for the current year.

About Five Below

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.