Arkadios Wealth Advisors Has $554,000 Position in Five Below, Inc. (NASDAQ:FIVE)

Arkadios Wealth Advisors grew its stake in Five Below, Inc. (NASDAQ:FIVE) by 16.1% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 5,080 shares of the specialty retailer’s stock after buying an additional 704 shares during the period. Arkadios Wealth Advisors’ holdings in Five Below were worth $554,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the stock. V Square Quantitative Management LLC bought a new stake in Five Below in the fourth quarter valued at approximately $26,000. Rise Advisors LLC acquired a new stake in shares of Five Below during the 1st quarter worth approximately $28,000. Partnership Wealth Management LLC increased its stake in shares of Five Below by 2,000.0% in the 2nd quarter. Partnership Wealth Management LLC now owns 315 shares of the specialty retailer’s stock valued at $34,000 after acquiring an additional 300 shares in the last quarter. Quest Partners LLC acquired a new stake in Five Below in the fourth quarter worth $37,000. Finally, Parallel Advisors LLC raised its holdings in shares of Five Below by 86.3% during the fourth 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 Price Performance

FIVE stock traded down $2.94 during midday trading on Friday, reaching $75.30. The company had a trading volume of 400,128 shares, compared to its average volume of 1,372,410. The firm has a 50-day moving average price of $85.82 and a 200-day moving average price of $134.75. The company has a market capitalization of $4.15 billion, a P/E ratio of 14.35, a P/E/G ratio of 0.87 and a beta of 1.19. Five Below, Inc. has a 1 year low of $64.87 and a 1 year high of $216.18.

Five Below (NASDAQ:FIVE) last issued its quarterly earnings results on Wednesday, June 5th. The specialty retailer reported $0.60 EPS for the quarter, missing analysts’ consensus estimates of $0.62 by ($0.02). The business had revenue of $811.86 million for the quarter, compared to the consensus estimate of $834.29 million. Five Below had a net margin of 8.10% and a return on equity of 19.82%. The firm’s revenue was up 11.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.67 earnings per share. On average, equities analysts predict that Five Below, Inc. will post 4.89 EPS for the current year.

Analyst Ratings Changes

FIVE has been the subject of a number of research analyst reports. Mizuho lowered Five Below from an “outperform” rating to a “neutral” rating and decreased their target price for the company from $150.00 to $85.00 in a research report on Wednesday, July 17th. Gordon Haskett downgraded shares of Five Below from an “accumulate” rating to a “hold” rating in a research report on Wednesday, July 24th. UBS Group lowered their price objective on shares of Five Below from $120.00 to $108.00 and set a “buy” rating on the stock in a report on Wednesday, August 21st. William Blair lowered shares of Five Below from an “outperform” rating to a “market perform” rating in a research report on Wednesday, July 17th. Finally, Morgan Stanley downgraded shares of Five Below from an “overweight” rating to an “equal weight” rating and cut their price objective for the stock from $160.00 to $100.00 in a report on Wednesday, July 17th. One investment analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat.com, Five Below currently has a consensus rating of “Hold” and an average target price of $109.63.

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.