Five Below, Inc. (NASDAQ:FIVE) Stock Holdings Trimmed by Quantbot Technologies LP

Quantbot Technologies LP lowered its position in shares of Five Below, Inc. (NASDAQ:FIVE) by 28.5% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 11,985 shares of the specialty retailer’s stock after selling 4,787 shares during the quarter. Quantbot Technologies LP’s holdings in Five Below were worth $1,258,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of FIVE. State Street Corp boosted its holdings 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 lifted its holdings in Five Below by 1.2% in the third quarter. Geode Capital Management LLC now owns 979,489 shares of the specialty retailer’s stock worth $86,559,000 after acquiring an additional 11,504 shares during the last quarter. Atreides Management LP acquired a new position in Five Below in the third quarter valued at approximately $68,649,000. Two Sigma Advisers LP bought a new position in shares of Five Below during the third quarter valued at approximately $64,981,000. Finally, Charles Schwab Investment Management Inc. raised its position in shares of Five Below by 6.3% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 653,271 shares of the specialty retailer’s stock worth $68,567,000 after purchasing an additional 38,983 shares during the period.

Insiders Place Their Bets

In related news, CAO Eric M. Specter sold 5,494 shares of the 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 directly owns 57,267 shares of the company’s stock, valued at approximately $5,197,552.92. This represents a 8.75 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Ronald James Masciantonio sold 584 shares of the company’s stock in a transaction dated Monday, March 24th. The shares were sold at an average price of $78.04, for a total value of $45,575.36. Following the completion of the transaction, the executive vice president now owns 12,658 shares in the company, valued at $987,830.32. This represents a 4.41 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 1.90% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the company. Loop Capital reduced their price objective 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. Craig Hallum boosted their price target on shares of Five Below from $125.00 to $150.00 and gave the company a “buy” rating in a report on Thursday, December 5th. JPMorgan Chase & Co. dropped their price objective on shares of Five Below from $107.00 to $102.00 and set an “underweight” rating on the stock in a report on Thursday, January 16th. Telsey Advisory Group cut their price target on Five Below from $115.00 to $85.00 and set a “market perform” rating on the stock in a report on Tuesday, March 18th. Finally, Citigroup upped their price objective 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. Two equities research analysts have rated the stock with a sell rating, thirteen have given a hold rating and six have given a buy rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $102.16.

Five Below Stock Performance

Shares of NASDAQ:FIVE opened at $77.01 on Wednesday. The company has a market capitalization of $4.24 billion, a PE ratio of 15.88, a price-to-earnings-growth ratio of 1.19 and a beta of 1.11. The stock has a fifty day moving average of $87.00 and a 200-day moving average of $92.77. Five Below, Inc. has a one year low of $64.87 and a one year high of $185.48.

Five Below (NASDAQ:FIVE) last announced its earnings results on Wednesday, March 19th. The specialty retailer reported $3.48 EPS for the quarter, beating the consensus estimate of $3.38 by $0.10. The business had revenue of $1.39 billion during the quarter, compared to the consensus estimate of $1.38 billion. Five Below had a return on equity of 18.03% and a net margin of 7.02%. Five Below’s revenue was up 4.0% compared to the same quarter last year. During the same period in the prior year, the business posted $3.65 earnings per share. As a group, research analysts forecast that Five Below, Inc. will post 4.93 EPS for the current fiscal year.

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.