Qsemble Capital Management LP Invests $1.71 Million in Five Below, Inc. (NASDAQ:FIVE)

Qsemble Capital Management LP purchased a new position in shares of Five Below, Inc. (NASDAQ:FIVE) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 15,701 shares of the specialty retailer’s stock, valued at approximately $1,711,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Neuberger Berman Group LLC boosted its position in shares of Five Below by 1.7% in the 4th quarter. Neuberger Berman Group LLC now owns 4,497 shares of the specialty retailer’s stock worth $959,000 after buying an additional 76 shares in the last quarter. Parallel Advisors LLC boosted its position in shares of Five Below by 86.3% in the 4th quarter. Parallel Advisors LLC now owns 177 shares of the specialty retailer’s stock worth $38,000 after buying an additional 82 shares in the last quarter. HMS Capital Management LLC boosted its position in shares of Five Below by 6.2% in the 1st quarter. HMS Capital Management LLC now owns 1,604 shares of the specialty retailer’s stock worth $291,000 after buying an additional 94 shares in the last quarter. Janus Henderson Group PLC boosted its position in shares of Five Below by 0.4% in the 1st quarter. Janus Henderson Group PLC now owns 30,164 shares of the specialty retailer’s stock worth $5,473,000 after buying an additional 115 shares in the last quarter. Finally, V Square Quantitative Management LLC purchased a new stake in shares of Five Below in the 4th quarter worth about $26,000.

Analyst Ratings Changes

A number of research analysts have issued reports on FIVE shares. StockNews.com lowered shares of Five Below from a “hold” rating to a “sell” rating in a report on Saturday, June 8th. JPMorgan Chase & Co. increased their target price on shares of Five Below from $86.00 to $89.00 and gave the stock a “neutral” rating in a research report on Thursday, August 29th. Loop Capital dropped their target price on shares of Five Below from $190.00 to $120.00 and set a “hold” rating for the company in a research report on Friday, June 7th. Guggenheim dropped their target price on shares of Five Below from $165.00 to $125.00 and set a “buy” rating for the company in a research report on Wednesday, July 17th. Finally, Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $79.00 target price (down previously from $155.00) on shares of Five Below in a research report on Thursday, July 18th. One equities research analyst has rated the stock with a sell rating, thirteen have issued a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $109.63.

Five Below Trading Up 3.3 %

Five Below stock opened at $92.53 on Friday. The stock has a market cap of $5.10 billion, a P/E ratio of 17.39, a price-to-earnings-growth ratio of 0.88 and a beta of 1.21. The stock has a 50 day moving average of $79.92 and a 200-day moving average of $127.18. Five Below, Inc. has a 52 week low of $64.87 and a 52 week high of $216.18.

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.