US Bancorp DE Has $2.83 Million Holdings in Five Below, Inc. (NASDAQ:FIVE)

US Bancorp DE lessened its position in shares of Five Below, Inc. (NASDAQ:FIVE) by 1.4% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 26,934 shares of the specialty retailer’s stock after selling 377 shares during the quarter. US Bancorp DE’s holdings in Five Below were worth $2,827,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. Brooklyn Investment Group acquired a new stake in shares of Five Below during the 3rd quarter worth approximately $30,000. Proficio Capital Partners LLC acquired a new stake in shares of Five Below during the 4th quarter worth approximately $31,000. UMB Bank n.a. grew its position 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 worth $35,000 after buying an additional 204 shares during the period. Wilmington Savings Fund Society FSB acquired a new stake in shares of Five Below during the 3rd quarter worth approximately $42,000. Finally, R Squared Ltd acquired a new stake in shares of Five Below during the 4th quarter worth approximately $68,000.

Five Below Price Performance

Shares of NASDAQ:FIVE opened at $85.76 on Friday. Five Below, Inc. has a 1-year low of $64.87 and a 1-year high of $212.01. The business has a fifty day moving average price of $94.19 and a 200-day moving average price of $92.87. The company has a market capitalization of $4.72 billion, a PE ratio of 17.68, a PEG ratio of 1.19 and a beta of 1.12.

Five Below (NASDAQ:FIVE) last issued its quarterly earnings results on Wednesday, December 4th. The specialty retailer reported $0.42 earnings per share for the quarter, beating the consensus estimate of $0.16 by $0.26. Five Below had a return on equity of 18.03% and a net margin of 7.02%. The firm had revenue of $843.71 million during the quarter, compared to the consensus estimate of $801.48 million. During the same period last year, the company earned $0.26 earnings per share. The company’s revenue was up 14.6% on a year-over-year basis. On average, sell-side analysts anticipate that Five Below, Inc. will post 4.93 earnings per share for the current fiscal year.

Insider Activity at Five Below

In related news, CAO Eric M. Specter sold 5,494 shares of the 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 sale, the chief accounting officer now directly owns 57,267 shares of the company’s stock, valued at $5,197,552.92. This trade represents a 8.75 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 1.90% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several analysts have recently commented on the stock. Mizuho raised their price objective 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. Barclays increased their target price on Five Below from $90.00 to $100.00 and gave the stock an “equal weight” rating in a report on Thursday, December 5th. Gordon Haskett upgraded Five Below from a “hold” rating to a “buy” rating and set a $120.00 target price on the stock in a report on Thursday, November 7th. William Blair reiterated a “market perform” rating on shares of Five Below in a report on Monday, December 2nd. Finally, Wells Fargo & Company increased their target price on Five Below from $115.00 to $135.00 and gave the stock an “overweight” rating in a report on Thursday, December 5th. Three equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat, Five Below currently has an average rating of “Hold” and a consensus price target of $111.32.

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.