B. Metzler seel. Sohn & Co. AG Reduces Holdings in Five Below, Inc. $FIVE

B. Metzler seel. Sohn & Co. AG trimmed its holdings in shares of Five Below, Inc. (NASDAQ:FIVEFree Report) by 33.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 9,679 shares of the specialty retailer’s stock after selling 4,907 shares during the quarter. B. Metzler seel. Sohn & Co. AG’s holdings in Five Below were worth $1,497,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in FIVE. Jennison Associates LLC lifted its holdings in Five Below by 397.5% during the third quarter. Jennison Associates LLC now owns 819,502 shares of the specialty retailer’s stock valued at $126,777,000 after purchasing an additional 654,763 shares in the last quarter. Estate Counselors LLC bought a new position in shares of Five Below in the third quarter worth approximately $3,755,000. Charles Schwab Investment Management Inc. increased its stake in shares of Five Below by 1.3% in the second quarter. Charles Schwab Investment Management Inc. now owns 690,615 shares of the specialty retailer’s stock worth $90,595,000 after purchasing an additional 8,743 shares in the last quarter. Pacer Advisors Inc. bought a new stake in shares of Five Below during the 3rd quarter valued at $1,121,000. Finally, AGF Management Ltd. purchased a new position in shares of Five Below in the third quarter valued at about $7,304,000.

Five Below News Summary

Here are the key news stories impacting Five Below this week:

Five Below Price Performance

NASDAQ FIVE opened at $221.05 on Wednesday. The stock has a market capitalization of $12.19 billion, a PE ratio of 39.69, a P/E/G ratio of 1.68 and a beta of 1.10. The business has a 50 day simple moving average of $204.10 and a two-hundred day simple moving average of $174.70. Five Below, Inc. has a 1-year low of $52.38 and a 1-year high of $229.33.

Wall Street Analyst Weigh In

FIVE has been the subject of several research analyst reports. The Goldman Sachs Group increased their target price on Five Below from $188.00 to $216.00 and gave the stock a “buy” rating in a research report on Tuesday, January 13th. Mizuho boosted their price target on Five Below from $165.00 to $185.00 and gave the stock a “neutral” rating in a report on Monday, January 5th. Evercore upped their price target on Five Below from $180.00 to $185.00 and gave the stock an “in-line” rating in a research note on Tuesday, December 23rd. Citigroup increased their price objective on shares of Five Below from $150.00 to $175.00 and gave the company a “neutral” rating in a report on Thursday, December 4th. Finally, Barclays lifted their price objective on shares of Five Below from $193.00 to $211.00 and gave the company an “equal weight” rating in a research report on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $205.75.

Check Out Our Latest Stock Report on Five Below

Insider Transactions at Five Below

In related news, Director Kathleen S. Barclay sold 2,200 shares of the business’s stock in a transaction on Monday, December 15th. The shares were sold at an average price of $182.03, for a total value of $400,466.00. Following the sale, the director owned 9,214 shares in the company, valued at approximately $1,677,224.42. The trade was a 19.27% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider George Hill sold 7,500 shares of the company’s stock in a transaction on Friday, December 12th. The shares were sold at an average price of $182.09, for a total transaction of $1,365,675.00. Following the sale, the insider directly owned 32,913 shares in the company, valued at approximately $5,993,128.17. The trade was a 18.56% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 25,225 shares of company stock valued at $4,901,695 over the last quarter. 1.90% of the stock is owned by insiders.

Five Below Profile

(Free Report)

Five Below, Inc (NASDAQ:FIVE) is an American specialty discount retailer offering a broad assortment of merchandise priced primarily at $5 or below. Since its founding in 2002 by David Schlessinger and Tom Vellios, the company has pursued a value-focused retail model targeting tweens, teens and beyond, with stores designed to deliver trend-driven products at an accessible price point. Headquartered in Philadelphia, Pennsylvania, Five Below has grown into a national chain operating in dozens of U.S.

See Also

Institutional Ownership by Quarter for Five Below (NASDAQ:FIVE)

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