Five Below, Inc. (NASDAQ:FIVE) Stock Holdings Boosted by EverSource Wealth Advisors LLC

EverSource Wealth Advisors LLC lifted its position in shares of Five Below, Inc. (NASDAQ:FIVE) by 2,936.8% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 577 shares of the specialty retailer’s stock after acquiring an additional 558 shares during the period. EverSource Wealth Advisors LLC’s holdings in Five Below were worth $61,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of the company. Gradient Investments LLC grew its position in shares of Five Below by 0.7% during the fourth quarter. Gradient Investments LLC now owns 15,875 shares of the specialty retailer’s stock worth $1,666,000 after acquiring an additional 111 shares during the last quarter. Cornerstone Investment Partners LLC grew its position in shares of Five Below by 3.5% during the fourth quarter. Cornerstone Investment Partners LLC now owns 4,732 shares of the specialty retailer’s stock worth $497,000 after acquiring an additional 162 shares during the last quarter. UMB Bank n.a. grew its position in shares of Five Below by 156.9% during the fourth quarter. UMB Bank n.a. now owns 334 shares of the specialty retailer’s stock worth $35,000 after acquiring an additional 204 shares during the last quarter. KBC Group NV grew its position in shares of Five Below by 23.7% during the third quarter. KBC Group NV now owns 1,630 shares of the specialty retailer’s stock worth $144,000 after acquiring an additional 312 shares during the last quarter. Finally, Brooklyn Investment Group bought a new position in shares of Five Below during the third quarter worth about $30,000.

Five Below Trading Up 2.3 %

FIVE stock opened at $75.59 on Thursday. Five Below, Inc. has a one year low of $64.87 and a one year high of $209.79. The firm has a market capitalization of $4.16 billion, a PE ratio of 15.59, a P/E/G ratio of 1.19 and a beta of 1.11. The firm has a 50-day moving average of $88.76 and a two-hundred day moving average of $92.63.

Five Below (NASDAQ:FIVE) last posted its quarterly earnings data on Wednesday, March 19th. The specialty retailer reported $3.48 EPS for the quarter, beating analysts’ consensus estimates of $3.38 by $0.10. The company had revenue of $1.39 billion during the quarter, compared to analyst estimates of $1.38 billion. Five Below had a net margin of 7.02% and a return on equity of 18.03%. The business’s quarterly revenue was up 4.0% on a year-over-year basis. During the same period in the prior year, the firm earned $3.65 earnings per share. On average, equities research analysts anticipate that Five Below, Inc. will post 4.93 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on FIVE shares. Mizuho increased their target price on shares of Five Below from $90.00 to $105.00 and gave the company a “neutral” rating in a research report on Friday, December 6th. Telsey Advisory Group decreased their target price on shares of Five Below from $115.00 to $85.00 and set a “market perform” rating for the company in a research report on Tuesday. JPMorgan Chase & Co. decreased their target price on shares of Five Below from $107.00 to $102.00 and set an “underweight” rating for the company in a research report on Thursday, January 16th. William Blair reiterated a “market perform” rating on shares of Five Below in a research report on Monday, December 2nd. Finally, Guggenheim increased their target price on shares of Five Below from $125.00 to $140.00 and gave the company a “buy” rating in a research report on Thursday, December 5th. Three investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $107.37.

Insider Transactions at Five Below

In other news, CAO Eric M. Specter sold 5,494 shares of the stock in a transaction that occurred on Thursday, January 16th. The shares were sold at an average price of $90.76, for a total value of $498,635.44. Following the completion of the sale, the chief accounting officer now directly owns 57,267 shares of the company’s stock, valued at $5,197,552.92. This represents a 8.75 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 1.90% of the stock is owned by insiders.

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.