650 Shares in Five Below, Inc. (NASDAQ:FIVE) Bought by R Squared Ltd

R Squared Ltd purchased a new stake in shares of Five Below, Inc. (NASDAQ:FIVE) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 650 shares of the specialty retailer’s stock, valued at approximately $68,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. KBC Group NV grew its stake in shares of Five Below by 30.4% during the 4th quarter. KBC Group NV now owns 2,126 shares of the specialty retailer’s stock valued at $223,000 after acquiring an additional 496 shares during the period. Gradient Investments LLC boosted its position in shares of Five Below by 0.7% in the fourth quarter. Gradient Investments LLC now owns 15,875 shares of the specialty retailer’s stock worth $1,666,000 after purchasing an additional 111 shares during the period. Capricorn Fund Managers Ltd purchased a new stake in shares of Five Below in the fourth quarter worth $3,407,000. UMB Bank n.a. lifted its stake in shares of Five Below by 156.9% during the 4th quarter. UMB Bank n.a. now owns 334 shares of the specialty retailer’s stock valued at $35,000 after buying an additional 204 shares in the last quarter. Finally, HB Wealth Management LLC bought a new position in Five Below in the 4th quarter worth $241,000.

Insider Activity

In related news, CAO Eric M. Specter sold 5,494 shares of the business’s stock in a transaction on Thursday, January 16th. The stock was sold at an average price of $90.76, for a total transaction of $498,635.44. Following the completion of the transaction, the chief accounting officer now owns 57,267 shares in the company, valued at $5,197,552.92. The trade was a 8.75 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 1.90% of the company’s stock.

Wall Street Analysts Forecast Growth

FIVE has been the topic of several research analyst reports. Loop Capital boosted their price objective on Five Below from $90.00 to $120.00 and gave the company a “hold” rating in a research report on Thursday, December 5th. Telsey Advisory Group restated a “market perform” rating and issued a $115.00 price target on shares of Five Below in a research note on Tuesday, January 14th. Bank of America cut shares of Five Below from a “neutral” rating to an “underperform” rating and reduced their price objective for the company from $98.00 to $75.00 in a research report on Wednesday, November 6th. Mizuho upped their target price on shares of Five Below from $90.00 to $105.00 and gave the stock a “neutral” rating in a research report on Friday, December 6th. Finally, Citigroup lifted their price target on shares of Five Below from $85.00 to $96.00 and gave the company a “neutral” rating in a report on Monday, December 2nd. Three investment analysts have rated the stock with a sell rating, twelve have given a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $111.32.

Five Below Stock Down 2.5 %

Shares of FIVE opened at $93.78 on Friday. Five Below, Inc. has a 52-week low of $64.87 and a 52-week high of $212.01. The company has a market cap of $5.16 billion, a PE ratio of 19.34, a P/E/G ratio of 1.30 and a beta of 1.14. The business has a fifty day moving average of $100.81 and a 200 day moving average of $90.07.

Five Below (NASDAQ:FIVE) last released its quarterly earnings results on Wednesday, December 4th. The specialty retailer reported $0.42 EPS for the quarter, topping analysts’ consensus estimates of $0.16 by $0.26. Five Below had a net margin of 7.02% and a return on equity of 18.03%. The firm had revenue of $843.71 million during the quarter, compared to analysts’ expectations of $801.48 million. During the same period in the previous year, the company earned $0.26 EPS. The firm’s revenue for the quarter was up 14.6% compared to the same quarter last year. As a group, research analysts anticipate that Five Below, Inc. will post 4.93 earnings per share for the current fiscal year.

About Five Below

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.