3,188 Shares in Five Below, Inc. (NASDAQ:FIVE) Bought by Stevens Capital Management LP

Stevens Capital Management LP bought a new position in shares of Five Below, Inc. (NASDAQ:FIVE) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 3,188 shares of the specialty retailer’s stock, valued at approximately $335,000.

Other hedge funds have also bought and sold shares of the company. Brooklyn Investment Group bought a new position in Five Below during the third quarter worth $30,000. Proficio Capital Partners LLC acquired a new stake in Five Below in the fourth quarter worth $31,000. UMB Bank n.a. grew its holdings in Five Below by 156.9% in the fourth quarter. UMB Bank n.a. now owns 334 shares of the specialty retailer’s stock worth $35,000 after purchasing an additional 204 shares during the period. Wilmington Savings Fund Society FSB acquired a new stake in Five Below in the third quarter worth $42,000. Finally, EverSource Wealth Advisors LLC grew its holdings in Five Below by 2,936.8% in the fourth quarter. EverSource Wealth Advisors LLC now owns 577 shares of the specialty retailer’s stock worth $61,000 after purchasing an additional 558 shares during the period.

Analyst Ratings Changes

A number of equities research analysts have commented on the stock. Citigroup raised their price target on shares of Five Below from $85.00 to $96.00 and gave the stock a “neutral” rating in a report on Monday, December 2nd. StockNews.com cut shares of Five Below from a “hold” rating to a “sell” rating in a report on Friday, December 13th. Craig Hallum raised their price target on shares of Five Below from $125.00 to $150.00 and gave the stock a “buy” rating in a report on Thursday, December 5th. The Goldman Sachs Group reduced their price objective on shares of Five Below from $117.00 to $102.00 and set a “buy” rating for the company in a report on Friday. Finally, JPMorgan Chase & Co. reduced their price objective on shares of Five Below from $107.00 to $102.00 and set an “underweight” rating for the company in a report on Thursday, January 16th. Three research analysts have rated the stock with a sell rating, twelve have issued a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat, Five Below has a consensus rating of “Hold” and a consensus target price of $102.16.

Five Below Stock Performance

Five Below stock opened at $76.24 on Monday. The stock has a market cap of $4.19 billion, a PE ratio of 15.72, a price-to-earnings-growth ratio of 1.19 and a beta of 1.11. Five Below, Inc. has a fifty-two week low of $64.87 and a fifty-two week high of $185.48. The firm’s 50-day simple moving average is $87.76 and its 200 day simple moving average is $92.76.

Five Below (NASDAQ:FIVE) last announced its quarterly earnings data on Wednesday, March 19th. The specialty retailer reported $3.48 EPS for the quarter, topping the consensus estimate of $3.38 by $0.10. The business had revenue of $1.39 billion for 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 company’s revenue for the quarter was up 4.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $3.65 earnings per share. As a group, analysts predict that Five Below, Inc. will post 4.93 EPS for the current fiscal year.

Insiders Place Their Bets

In other Five Below news, CAO Eric M. Specter sold 5,494 shares of Five Below stock in a transaction dated Thursday, January 16th. The shares were sold at an average price of $90.76, for a total value of $498,635.44. Following the sale, the chief accounting officer now owns 57,267 shares of the company’s stock, valued at approximately $5,197,552.92. The trade was a 8.75 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 1.90% of the company’s stock.

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.