Xponance Inc. Has $1.07 Million Position in Five Below, Inc. (NASDAQ:FIVE)

Xponance Inc. boosted its stake in Five Below, Inc. (NASDAQ:FIVE) by 4.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 10,198 shares of the specialty retailer’s stock after purchasing an additional 458 shares during the quarter. Xponance Inc.’s holdings in Five Below were worth $1,070,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. State Street Corp grew its stake in shares of Five Below by 1.9% in the 3rd quarter. State Street Corp now owns 1,662,313 shares of the specialty retailer’s stock valued at $146,865,000 after buying an additional 31,520 shares during the period. Geode Capital Management LLC increased its holdings in shares of Five Below by 1.2% during the third quarter. Geode Capital Management LLC now owns 979,489 shares of the specialty retailer’s stock valued at $86,559,000 after acquiring an additional 11,504 shares in the last quarter. Atreides Management LP acquired a new position in shares of Five Below during the third quarter worth approximately $68,649,000. Two Sigma Advisers LP bought a new position in shares of Five Below in the 3rd quarter worth $64,981,000. Finally, Charles Schwab Investment Management Inc. grew its position in Five Below by 6.3% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 653,271 shares of the specialty retailer’s stock valued at $68,567,000 after purchasing an additional 38,983 shares during the period.

Five Below Stock Performance

Shares of FIVE stock opened at $76.24 on Monday. The firm has a market cap of $4.19 billion, a price-to-earnings ratio of 15.72, a P/E/G ratio of 1.19 and a beta of 1.11. Five Below, Inc. has a 52 week low of $64.87 and a 52 week high of $185.48. The firm’s 50-day simple moving average is $87.76 and its two-hundred day simple moving average is $92.76.

Five Below (NASDAQ:FIVE) last posted its quarterly earnings results on Wednesday, March 19th. The specialty retailer reported $3.48 EPS for the quarter, topping analysts’ consensus estimates of $3.38 by $0.10. Five Below had a net margin of 7.02% and a return on equity of 18.03%. The company had revenue of $1.39 billion for the quarter, compared to analysts’ expectations of $1.38 billion. During the same quarter in the previous year, the firm posted $3.65 EPS. Five Below’s revenue was up 4.0% on a year-over-year basis. Analysts forecast that Five Below, Inc. will post 4.93 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the stock. Bank of America lowered their price objective on shares of Five Below from $88.00 to $75.00 and set an “underperform” rating on the stock in a report on Thursday. The Goldman Sachs Group dropped their price target on shares of Five Below from $117.00 to $102.00 and set a “buy” rating on the stock in a research report on Friday. Barclays decreased their price objective on Five Below from $100.00 to $93.00 and set an “equal weight” rating for the company in a report on Thursday. StockNews.com lowered Five Below from a “hold” rating to a “sell” rating in a report on Friday, December 13th. Finally, Loop Capital lowered their price target on Five Below from $120.00 to $75.00 and set a “hold” rating for the company in a research report on Tuesday, March 18th. Three analysts have rated the stock with a sell rating, twelve have issued a hold rating and six have given a buy rating to the stock. According to MarketBeat.com, Five Below presently has an average rating of “Hold” and an average target price of $102.16.

Insider Buying and Selling at Five Below

In related news, CAO Eric M. Specter sold 5,494 shares of Five Below stock in a transaction dated Thursday, January 16th. The stock was 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 owns 57,267 shares of the company’s stock, valued at approximately $5,197,552.92. This trade represents a 8.75 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 1.90% of the company’s stock.

Five Below Company 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.