1,708 Shares in Five Below, Inc. (NASDAQ:FIVE) Acquired by SageView Advisory Group LLC

SageView Advisory Group LLC acquired a new stake in Five Below, Inc. (NASDAQ:FIVE) during the first quarter, according to its most recent filing with the SEC. The firm acquired 1,708 shares of the specialty retailer’s stock, valued at approximately $310,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in FIVE. Motley Fool Asset Management LLC bought a new stake in shares of Five Below during the first quarter worth approximately $622,000. Russell Investments Group Ltd. raised its position in shares of Five Below by 5.9% during the 1st quarter. Russell Investments Group Ltd. now owns 70,737 shares of the specialty retailer’s stock valued at $12,830,000 after acquiring an additional 3,916 shares during the last quarter. Obermeyer Wood Investment Counsel Lllp lifted its stake in shares of Five Below by 16.1% in the 1st quarter. Obermeyer Wood Investment Counsel Lllp now owns 1,930 shares of the specialty retailer’s stock valued at $350,000 after purchasing an additional 268 shares during the period. SG Americas Securities LLC boosted its position in shares of Five Below by 119.9% in the 1st quarter. SG Americas Securities LLC now owns 3,145 shares of the specialty retailer’s stock worth $570,000 after purchasing an additional 1,715 shares during the last quarter. Finally, Texas Permanent School Fund Corp grew its stake in shares of Five Below by 0.4% during the first quarter. Texas Permanent School Fund Corp now owns 48,304 shares of the specialty retailer’s stock worth $8,761,000 after purchasing an additional 200 shares during the period.

Analyst Ratings Changes

FIVE has been the topic of several analyst reports. Gordon Haskett lowered Five Below from a “buy” rating to an “accumulate” rating and cut their target price for the company from $210.00 to $200.00 in a research note on Wednesday, April 3rd. UBS Group reduced their price objective on shares of Five Below from $223.00 to $120.00 and set a “buy” rating on the stock in a research note on Wednesday. William Blair downgraded shares of Five Below from an “outperform” rating to a “market perform” rating in a research note on Wednesday. The Goldman Sachs Group cut their target price on shares of Five Below from $163.00 to $124.00 and set a “buy” rating on the stock in a report on Wednesday. Finally, Guggenheim decreased their price target on shares of Five Below from $165.00 to $125.00 and set a “buy” rating for the company in a report on Wednesday. One research analyst has rated the stock with a sell rating, twelve have issued a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat.com, Five Below has a consensus rating of “Hold” and a consensus target price of $115.89.

Five Below Trading Down 0.0 %

Shares of NASDAQ FIVE traded down $0.03 during midday trading on Friday, reaching $75.72. The company’s stock had a trading volume of 1,045,211 shares, compared to its average volume of 1,242,499. Five Below, Inc. has a fifty-two week low of $71.66 and a fifty-two week high of $216.18. The stock has a 50 day simple moving average of $118.62 and a 200-day simple moving average of $159.07. The stock has a market capitalization of $4.17 billion, a price-to-earnings ratio of 14.24, a PEG ratio of 0.90 and a beta of 1.19.

Five Below (NASDAQ:FIVE) last announced its quarterly earnings data 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 during the quarter, compared to the consensus estimate of $834.29 million. During the same quarter in the previous year, the business earned $0.67 EPS. Five Below’s revenue was up 11.8% on a year-over-year basis. As a group, equities analysts anticipate that Five Below, Inc. will post 5.09 EPS for the current year.

Five Below 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.