Hantz Financial Services Inc. Acquires 601 Shares of Five Below, Inc. (NASDAQ:FIVE)

Hantz Financial Services Inc. increased its holdings in Five Below, Inc. (NASDAQ:FIVE) by 40.7% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,076 shares of the specialty retailer’s stock after acquiring an additional 601 shares during the quarter. Hantz Financial Services Inc.’s holdings in Five Below were worth $183,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors also recently bought and sold shares of FIVE. Fifth Third Bancorp increased its stake in shares of Five Below by 12.0% during the second quarter. Fifth Third Bancorp now owns 1,375 shares of the specialty retailer’s stock valued at $150,000 after purchasing an additional 147 shares in the last quarter. Parkside Financial Bank & Trust increased its position in Five Below by 9.3% during the 2nd quarter. Parkside Financial Bank & Trust now owns 2,122 shares of the specialty retailer’s stock valued at $231,000 after buying an additional 180 shares in the last quarter. Peloton Wealth Strategists raised its stake in Five Below by 3.0% during the second quarter. Peloton Wealth Strategists now owns 6,820 shares of the specialty retailer’s stock valued at $743,000 after buying an additional 200 shares during the last quarter. Partnership Wealth Management LLC raised its stake in Five Below by 63.5% during the third quarter. Partnership Wealth Management LLC now owns 515 shares of the specialty retailer’s stock valued at $46,000 after buying an additional 200 shares during the last quarter. Finally, Arizona State Retirement System boosted its holdings in Five Below by 2.0% in the second quarter. Arizona State Retirement System now owns 15,464 shares of the specialty retailer’s stock worth $1,685,000 after acquiring an additional 296 shares in the last quarter.

Five Below Trading Up 7.0 %

Shares of NASDAQ FIVE opened at $99.20 on Tuesday. Five Below, Inc. has a 12-month low of $64.87 and a 12-month high of $216.18. The firm has a market capitalization of $5.46 billion, a price-to-earnings ratio of 19.29, a price-to-earnings-growth ratio of 1.02 and a beta of 1.20. The firm has a 50 day moving average of $90.45 and a 200 day moving average of $95.09.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the company. Mizuho reaffirmed a “neutral” rating and issued a $85.00 price target on shares of Five Below in a research report on Thursday, October 3rd. JPMorgan Chase & Co. cut shares of Five Below from a “neutral” rating to an “underweight” rating and lifted their target price for the stock from $89.00 to $95.00 in a report on Thursday, September 19th. Bank of America cut shares of Five Below from a “neutral” rating to an “underperform” rating and cut their price target for the company from $98.00 to $75.00 in a report on Wednesday, November 6th. Truist Financial boosted their price objective on shares of Five Below from $87.00 to $88.00 and gave the stock a “hold” rating in a report on Thursday, November 7th. Finally, Evercore ISI increased their target price on Five Below from $100.00 to $104.00 and gave the company an “in-line” rating in a research note on Tuesday, October 22nd. Three equities research analysts have rated the stock with a sell rating, thirteen have given a hold rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $106.60.

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.