Tandem Investment Advisors Inc. Grows Position in Five Below, Inc. (NASDAQ:FIVE)

Tandem Investment Advisors Inc. boosted its position in shares of Five Below, Inc. (NASDAQ:FIVE) by 26.1% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 24,141 shares of the specialty retailer’s stock after purchasing an additional 4,995 shares during the period. Tandem Investment Advisors Inc.’s holdings in Five Below were worth $2,631,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in FIVE. V Square Quantitative Management LLC bought a new position in Five Below during the fourth quarter worth $26,000. Rise Advisors LLC acquired a new position in Five Below during the 1st quarter valued at approximately $28,000. Partnership Wealth Management LLC lifted its stake in Five Below by 2,000.0% in the second quarter. Partnership Wealth Management LLC now owns 315 shares of the specialty retailer’s stock valued at $34,000 after buying an additional 300 shares during the last quarter. Quest Partners LLC acquired a new stake in shares of Five Below in the 4th quarter worth about $37,000. Finally, Parallel Advisors LLC boosted its stake in Five Below by 86.3% during the 4th quarter. Parallel Advisors LLC now owns 177 shares of the specialty retailer’s stock valued at $38,000 after purchasing an additional 82 shares during the period.

Five Below Trading Down 3.6 %

NASDAQ FIVE traded down $2.81 during midday trading on Friday, hitting $75.43. The company had a trading volume of 2,446,909 shares, compared to its average volume of 1,972,114. The company has a market capitalization of $4.15 billion, a PE ratio of 14.18, a P/E/G ratio of 1.15 and a beta of 1.19. Five Below, Inc. has a twelve month low of $64.87 and a twelve month high of $216.18. The firm has a 50-day moving average price of $85.03 and a 200-day moving average price of $133.61.

Five Below (NASDAQ:FIVE) last posted 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 return on equity of 18.16% and a net margin of 7.57%. The firm had revenue of $811.86 million for the quarter, compared to the consensus estimate of $834.29 million. During the same period in the prior year, the company earned $0.67 EPS. The company’s revenue for the quarter was up 11.8% compared to the same quarter last year. On average, equities analysts anticipate that Five Below, Inc. will post 4.54 EPS for the current year.

Analysts Set New Price Targets

FIVE has been the topic of a number of research reports. KeyCorp dropped their price objective on Five Below from $115.00 to $106.00 and set an “overweight” rating on the stock in a research note on Thursday. Craig Hallum upgraded shares of Five Below from a “hold” rating to a “buy” rating and reduced their target price for the stock from $108.00 to $102.00 in a report on Thursday. JPMorgan Chase & Co. increased their price target on Five Below from $86.00 to $89.00 and gave the company a “neutral” rating in a research report on Thursday. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $79.00 price objective (down from $155.00) on shares of Five Below in a research report on Thursday, July 18th. Finally, Mizuho cut shares of Five Below from an “outperform” rating to a “neutral” rating and lowered their price target for the company from $150.00 to $85.00 in a report on Wednesday, July 17th. One research analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat.com, Five Below has an average rating of “Hold” and an average target price of $109.63.

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.