Five Below, Inc. (NASDAQ:FIVE) Shares Sold by Yarbrough Capital LLC

Yarbrough Capital LLC reduced its position in shares of Five Below, Inc. (NASDAQ:FIVEFree Report) by 27.4% in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 5,970 shares of the specialty retailer’s stock after selling 2,250 shares during the quarter. Yarbrough Capital LLC’s holdings in Five Below were worth $1,083,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in FIVE. Junto Capital Management LP bought a new position in Five Below during the 4th quarter valued at $73,472,000. Norges Bank bought a new position in Five Below during the 4th quarter valued at $68,825,000. Invesco Ltd. boosted its stake in shares of Five Below by 119.1% during the 3rd quarter. Invesco Ltd. now owns 294,075 shares of the specialty retailer’s stock worth $47,317,000 after acquiring an additional 159,844 shares in the last quarter. Advent International L.P. boosted its stake in shares of Five Below by 68.9% during the 3rd quarter. Advent International L.P. now owns 343,306 shares of the specialty retailer’s stock worth $55,238,000 after acquiring an additional 140,000 shares in the last quarter. Finally, Federated Hermes Inc. boosted its stake in shares of Five Below by 82.5% during the 3rd quarter. Federated Hermes Inc. now owns 258,412 shares of the specialty retailer’s stock worth $41,578,000 after acquiring an additional 116,848 shares in the last quarter.

Five Below Stock Performance

Shares of NASDAQ:FIVE traded up $2.79 during midday trading on Friday, hitting $115.34. 1,464,516 shares of the stock were exchanged, compared to its average volume of 1,054,490. Five Below, Inc. has a 52-week low of $106.21 and a 52-week high of $216.18. The business’s fifty day simple moving average is $136.30 and its two-hundred day simple moving average is $172.58. The company has a market capitalization of $6.35 billion, a PE ratio of 21.68, a P/E/G ratio of 1.32 and a beta of 1.17.

Five Below (NASDAQ:FIVEGet Free Report) last posted its earnings results on Wednesday, June 5th. The specialty retailer reported $0.60 earnings per share for the quarter, missing the consensus estimate of $0.62 by ($0.02). Five Below had a net margin of 8.10% and a return on equity of 19.82%. The company had revenue of $811.86 million for the quarter, compared to the consensus estimate of $834.29 million. During the same quarter last year, the business earned $0.67 earnings per share. Five Below’s quarterly revenue was up 11.8% on a year-over-year basis. As a group, equities analysts anticipate that Five Below, Inc. will post 5.19 EPS for the current year.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the company. Mizuho reduced their price objective on Five Below from $215.00 to $150.00 and set a “buy” rating for the company in a research note on Thursday, June 6th. Bank of America reissued a “neutral” rating and set a $125.00 price objective on shares of Five Below in a research note on Friday, June 14th. Gordon Haskett lowered Five Below from a “buy” rating to an “accumulate” rating and reduced their price objective for the stock from $210.00 to $200.00 in a research note on Wednesday, April 3rd. UBS Group reduced their price objective on Five Below from $245.00 to $223.00 and set a “buy” rating for the company in a research note on Thursday, June 6th. Finally, Loop Capital decreased their target price on Five Below from $190.00 to $120.00 and set a “hold” rating for the company in a research report on Friday, June 7th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and thirteen have given a buy rating to the company. According to data from MarketBeat, Five Below has an average rating of “Moderate Buy” and an average target price of $169.50.

Read Our Latest Research Report on FIVE

About Five Below

(Free Report)

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 d├ęcor, accent furniture, and related items, as well as provides storage options.

See Also

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

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