B. Metzler seel. Sohn & Co. AG Has $2.01 Million Stock Position in Five Below, Inc. (NASDAQ:FIVE)

B. Metzler seel. Sohn & Co. AG lessened its position in shares of Five Below, Inc. (NASDAQ:FIVEFree Report) by 4.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 19,114 shares of the specialty retailer’s stock after selling 860 shares during the quarter. B. Metzler seel. Sohn & Co. AG’s holdings in Five Below were worth $2,006,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Proficio Capital Partners LLC bought a new position in Five Below during the fourth quarter worth about $31,000. UMB Bank n.a. raised its holdings in shares of Five Below by 156.9% in the 4th quarter. UMB Bank n.a. now owns 334 shares of the specialty retailer’s stock worth $35,000 after buying an additional 204 shares in the last quarter. Wilmington Savings Fund Society FSB bought a new position in shares of Five Below during the 3rd quarter worth approximately $42,000. EverSource Wealth Advisors LLC boosted its stake in Five Below by 2,936.8% in the 4th quarter. EverSource Wealth Advisors LLC now owns 577 shares of the specialty retailer’s stock valued at $61,000 after buying an additional 558 shares in the last quarter. Finally, R Squared Ltd bought a new stake in Five Below in the fourth quarter valued at $68,000.

Insider Buying and Selling

In other news, CAO Eric M. Specter sold 5,494 shares of the stock in a transaction on Thursday, January 16th. The shares were sold at an average price of $90.76, for a total transaction of $498,635.44. Following the completion of the sale, the chief accounting officer now 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Ronald James Masciantonio sold 584 shares of the business’s stock in a transaction on Monday, March 24th. The shares were sold at an average price of $78.04, for a total transaction of $45,575.36. Following the completion of the sale, the executive vice president now directly owns 12,658 shares in the company, valued at $987,830.32. This represents a 4.41 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.90% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the stock. StockNews.com upgraded shares of Five Below from a “sell” rating to a “hold” rating in a research note on Monday, March 24th. JPMorgan Chase & Co. decreased their price objective on shares of Five Below from $107.00 to $102.00 and set an “underweight” rating on the stock in a research note on Thursday, January 16th. The Goldman Sachs Group cut their target price on shares of Five Below from $117.00 to $102.00 and set a “buy” rating for the company in a research note on Friday, March 21st. Guggenheim decreased their price target on Five Below from $140.00 to $125.00 and set a “buy” rating on the stock in a research report on Friday, March 21st. Finally, Craig Hallum lifted their price objective on Five Below from $125.00 to $150.00 and gave the company a “buy” rating in a research report on Thursday, December 5th. Two investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and six have assigned a buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $101.42.

View Our Latest Report on Five Below

Five Below Trading Up 6.6 %

NASDAQ FIVE opened at $81.49 on Thursday. Five Below, Inc. has a 12 month low of $64.87 and a 12 month high of $170.34. The company has a market capitalization of $4.49 billion, a PE ratio of 16.80, a P/E/G ratio of 1.19 and a beta of 1.11. The stock has a 50-day simple moving average of $85.12 and a 200 day simple moving average of $92.24.

Five Below (NASDAQ:FIVEGet Free Report) last issued its quarterly earnings data on Wednesday, March 19th. The specialty retailer reported $3.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.38 by $0.10. The firm had revenue of $1.39 billion during the quarter, compared to analysts’ expectations of $1.38 billion. Five Below had a net margin of 7.02% and a return on equity of 18.03%. The business’s revenue for the quarter was up 4.0% on a year-over-year basis. During the same quarter in the previous year, the company earned $3.65 earnings per share. As a group, sell-side analysts predict that Five Below, Inc. will post 4.93 earnings per share for the current fiscal year.

Five Below Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Five Below (NASDAQ:FIVE)

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