We Are One Seven LLC Increases Stake in Five Below, Inc. (NASDAQ:FIVE)

We Are One Seven LLC increased its holdings in Five Below, Inc. (NASDAQ:FIVEGet Rating) by 10.3% in the fourth quarter, Holdings Channel.com reports. The firm owned 3,726 shares of the specialty retailer’s stock after acquiring an additional 348 shares during the period. We Are One Seven LLC’s holdings in Five Below were worth $771,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in the company. Arizona State Retirement System boosted its stake in shares of Five Below by 0.4% in the 3rd quarter. Arizona State Retirement System now owns 15,252 shares of the specialty retailer’s stock valued at $2,697,000 after purchasing an additional 65 shares in the last quarter. Fifth Third Bancorp boosted its position in Five Below by 7.0% during the 4th quarter. Fifth Third Bancorp now owns 1,015 shares of the specialty retailer’s stock valued at $210,000 after buying an additional 66 shares during the period. People s United Financial Inc. boosted its position in Five Below by 1.0% during the 3rd quarter. People s United Financial Inc. now owns 7,284 shares of the specialty retailer’s stock valued at $1,288,000 after buying an additional 74 shares during the period. O Shaughnessy Asset Management LLC boosted its position in Five Below by 71.3% during the 3rd quarter. O Shaughnessy Asset Management LLC now owns 185 shares of the specialty retailer’s stock valued at $33,000 after buying an additional 77 shares during the period. Finally, Wealthfront Advisers LLC lifted its position in shares of Five Below by 6.1% in the 4th quarter. Wealthfront Advisers LLC now owns 1,415 shares of the specialty retailer’s stock worth $293,000 after purchasing an additional 81 shares during the period. 99.20% of the stock is owned by institutional investors.

Shares of NASDAQ FIVE opened at $162.10 on Thursday. The firm’s 50-day moving average price is $164.77 and its 200-day moving average price is $180.14. The company has a market cap of $9.00 billion, a PE ratio of 32.75, a PEG ratio of 1.43 and a beta of 1.31. Five Below, Inc. has a 52-week low of $143.44 and a 52-week high of $237.86.

Five Below (NASDAQ:FIVEGet Rating) last announced its quarterly earnings results on Wednesday, March 30th. The specialty retailer reported $2.49 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.48 by $0.01. The firm had revenue of $996.30 million for the quarter, compared to the consensus estimate of $1.01 billion. Five Below had a net margin of 9.79% and a return on equity of 27.29%. The business’s quarterly revenue was up 16.1% compared to the same quarter last year. During the same quarter last year, the firm posted $2.20 EPS. As a group, equities research analysts forecast that Five Below, Inc. will post 5.55 EPS for the current fiscal year.

Several brokerages recently issued reports on FIVE. StockNews.com began coverage on shares of Five Below in a research note on Thursday, March 31st. They issued a “hold” rating for the company. KeyCorp upgraded shares of Five Below from a “sector weight” rating to an “overweight” rating and set a $230.00 price target for the company in a research note on Friday, January 14th. Jefferies Financial Group decreased their price target on shares of Five Below from $300.00 to $250.00 and set a “buy” rating for the company in a research note on Friday, April 1st. Telsey Advisory Group decreased their price target on shares of Five Below from $235.00 to $230.00 and set an “outperform” rating for the company in a research note on Thursday, March 31st. Finally, UBS Group upgraded shares of Five Below from a “neutral” rating to a “buy” rating and decreased their price target for the stock from $215.00 to $200.00 in a research note on Monday, March 7th. Three equities research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Buy” and an average price target of $223.50.

About Five Below (Get Rating)

Five Below, Inc operates as a specialty value retailer in the United States. It offers accessories, including novelty socks, sunglasses, jewelry, scarves, gloves, hair accessories, athletic tops and bottoms, and T-shirts, as well as nail polishes, lip glosses, fragrances, and branded cosmetics; and items used to complete and personalize living space, including glitter lamps, posters, frames, fleece blankets, plush items, pillows, candles, incense, lighting, novelty décor, and related items, as well as provides storage options for the customers room.

Further Reading

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

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