Creative Planning Has $1.16 Million Stock Position in Five Below, Inc. $FIVE

Creative Planning raised its position in Five Below, Inc. (NASDAQ:FIVE) by 13.6% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,862 shares of the specialty retailer’s stock after purchasing an additional 1,058 shares during the quarter. Creative Planning’s holdings in Five Below were worth $1,163,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Vanguard Group Inc. grew its stake in shares of Five Below by 7.5% in the 1st quarter. Vanguard Group Inc. now owns 5,424,495 shares of the specialty retailer’s stock valued at $406,430,000 after buying an additional 376,932 shares in the last quarter. American Century Companies Inc. lifted its stake in Five Below by 494.5% in the first quarter. American Century Companies Inc. now owns 1,175,075 shares of the specialty retailer’s stock valued at $88,042,000 after acquiring an additional 977,411 shares during the last quarter. Samlyn Capital LLC grew its position in Five Below by 3.7% in the first quarter. Samlyn Capital LLC now owns 1,109,736 shares of the specialty retailer’s stock worth $83,147,000 after acquiring an additional 39,375 shares in the last quarter. AQR Capital Management LLC increased its stake in shares of Five Below by 433.1% during the 1st quarter. AQR Capital Management LLC now owns 770,626 shares of the specialty retailer’s stock worth $54,668,000 after purchasing an additional 626,077 shares during the last quarter. Finally, Stephens Investment Management Group LLC raised its holdings in shares of Five Below by 4.8% during the 2nd quarter. Stephens Investment Management Group LLC now owns 744,734 shares of the specialty retailer’s stock valued at $97,694,000 after purchasing an additional 33,952 shares in the last quarter.

Five Below Stock Down 0.6%

Shares of NASDAQ FIVE opened at $166.00 on Friday. Five Below, Inc. has a 12 month low of $52.38 and a 12 month high of $168.98. The company has a market cap of $9.15 billion, a P/E ratio of 33.60, a P/E/G ratio of 2.33 and a beta of 1.21. The business’s 50 day moving average is $154.28 and its two-hundred day moving average is $140.06.

Five Below (NASDAQ:FIVE) last announced its quarterly earnings data on Wednesday, August 27th. The specialty retailer reported $0.81 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.61 by $0.20. Five Below had a net margin of 6.45% and a return on equity of 17.13%. The business had revenue of $1.03 billion for the quarter, compared to the consensus estimate of $988.91 million. During the same quarter last year, the company posted $0.54 earnings per share. Five Below’s quarterly revenue was up 23.7% on a year-over-year basis. Sell-side analysts expect that Five Below, Inc. will post 4.93 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

FIVE has been the subject of a number of recent research reports. Craig Hallum upped their price objective on shares of Five Below from $164.00 to $180.00 and gave the stock a “buy” rating in a report on Thursday, August 28th. Wells Fargo & Company upped their price target on Five Below from $170.00 to $175.00 and gave the stock an “overweight” rating in a research note on Tuesday. Bank of America raised their price objective on Five Below from $93.00 to $110.00 and gave the company an “underperform” rating in a research note on Thursday, August 28th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Five Below in a research report on Wednesday, October 8th. Finally, Citigroup increased their price target on Five Below from $142.00 to $152.00 and gave the company a “neutral” rating in a report on Thursday, August 28th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $156.06.

Five Below Company 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.