Chemistry Wealth Management LLC Acquires 1,359 Shares of Five Below, Inc. (NASDAQ:FIVE)

Chemistry Wealth Management LLC boosted its position in Five Below, Inc. (NASDAQ:FIVE) by 43.3% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 4,498 shares of the specialty retailer’s stock after buying an additional 1,359 shares during the quarter. Chemistry Wealth Management LLC’s holdings in Five Below were worth $472,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also bought and sold shares of FIVE. American Century Companies Inc. increased its position in Five Below by 6.1% in the second quarter. American Century Companies Inc. now owns 23,041 shares of the specialty retailer’s stock worth $2,511,000 after buying an additional 1,321 shares during the last quarter. Dimensional Fund Advisors LP increased its position in Five Below by 39.0% in the second quarter. Dimensional Fund Advisors LP now owns 596,763 shares of the specialty retailer’s stock worth $65,034,000 after buying an additional 167,330 shares during the last quarter. Renaissance Technologies LLC purchased a new stake in Five Below in the second quarter worth $5,985,000. Amalgamated Bank increased its position in Five Below by 3.3% in the second quarter. Amalgamated Bank now owns 31,703 shares of the specialty retailer’s stock worth $3,455,000 after buying an additional 1,025 shares during the last quarter. Finally, Blair William & Co. IL increased its position in Five Below by 40.8% in the second quarter. Blair William & Co. IL now owns 71,066 shares of the specialty retailer’s stock worth $7,744,000 after buying an additional 20,593 shares during the last quarter.

Five Below Stock Performance

NASDAQ:FIVE opened at $90.64 on Friday. The stock has a fifty day moving average of $98.94 and a 200 day moving average of $90.76. Five Below, Inc. has a 52-week low of $64.87 and a 52-week high of $212.01. The firm has a market capitalization of $4.99 billion, a price-to-earnings ratio of 18.69, a P/E/G ratio of 0.96 and a beta of 1.14.

Five Below (NASDAQ:FIVE) last issued its quarterly earnings results on Wednesday, December 4th. The specialty retailer reported $0.42 earnings per share (EPS) for the quarter, topping 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 analyst estimates of $801.48 million. During the same quarter in the previous year, the company posted $0.26 earnings per share. The company’s revenue was up 14.6% compared to the same quarter last year. Equities analysts forecast that Five Below, Inc. will post 4.92 earnings per share for the current fiscal year.

Analyst Ratings Changes

FIVE has been the subject of a number of recent research reports. Wells Fargo & Company raised their target price on Five Below from $115.00 to $135.00 and gave the stock an “overweight” rating in a research report on Thursday, December 5th. Guggenheim lifted their price target on Five Below from $125.00 to $140.00 and gave the company a “buy” rating in a research report on Thursday, December 5th. Craig Hallum lifted their price target on Five Below from $125.00 to $150.00 and gave the company a “buy” rating in a research report on Thursday, December 5th. KeyCorp cut Five Below from an “overweight” rating to a “sector weight” rating in a research report on Thursday, November 7th. Finally, StockNews.com cut Five Below from a “hold” rating to a “sell” rating in a research report on Friday, December 13th. Three research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and six have assigned a buy rating to the company. According to MarketBeat, Five Below presently has an average rating of “Hold” and a consensus price target of $115.75.

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.