Parkside Financial Bank & Trust Has $209,000 Stake in Five Below, Inc. (NASDAQ:FIVE)

Parkside Financial Bank & Trust decreased its stake in Five Below, Inc. (NASDAQ:FIVE) by 10.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,994 shares of the specialty retailer’s stock after selling 221 shares during the quarter. Parkside Financial Bank & Trust’s holdings in Five Below were worth $209,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in FIVE. Atreides Management LP acquired a new position in Five Below in the third quarter valued at about $68,649,000. Two Sigma Advisers LP acquired a new position in Five Below in the third quarter valued at about $64,981,000. Holocene Advisors LP acquired a new position in Five Below in the third quarter valued at about $38,829,000. Wellington Management Group LLP lifted its stake in Five Below by 1,042.4% in the third quarter. Wellington Management Group LLP now owns 391,004 shares of the specialty retailer’s stock valued at $34,545,000 after buying an additional 356,776 shares during the period. Finally, BNP Paribas Financial Markets lifted its stake in Five Below by 1,094.5% in the third quarter. BNP Paribas Financial Markets now owns 366,146 shares of the specialty retailer’s stock valued at $32,349,000 after buying an additional 335,493 shares during the period.

Five Below Stock Down 0.6 %

FIVE stock opened at $86.89 on Friday. The business has a 50 day moving average price of $95.59 and a two-hundred day moving average price of $92.64. The company has a market cap of $4.78 billion, a price-to-earnings ratio of 17.92, a P/E/G ratio of 1.19 and a beta of 1.12. Five Below, Inc. has a twelve month low of $64.87 and a twelve month high of $212.01.

Five Below (NASDAQ:FIVE) last posted its quarterly earnings results on Wednesday, December 4th. The specialty retailer reported $0.42 earnings per share for the quarter, beating analysts’ consensus estimates of $0.16 by $0.26. The firm had revenue of $843.71 million during the quarter, compared to the consensus estimate of $801.48 million. Five Below had a return on equity of 18.03% and a net margin of 7.02%. The business’s revenue was up 14.6% compared to the same quarter last year. During the same period last year, the company earned $0.26 earnings per share. On average, equities research analysts anticipate that Five Below, Inc. will post 4.93 EPS for the current fiscal year.

Insider Buying and Selling at Five Below

In other Five Below news, CAO Eric M. Specter sold 5,494 shares of the firm’s stock in a transaction that occurred on 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 transaction, the chief accounting officer now directly owns 57,267 shares in the company, valued at $5,197,552.92. This trade 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 is available through this link. Corporate insiders own 1.90% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on the company. StockNews.com lowered Five Below from a “hold” rating to a “sell” rating in a research report on Friday, December 13th. Morgan Stanley raised their price target on Five Below from $100.00 to $120.00 and gave the stock an “equal weight” rating in a research report on Thursday, December 5th. Guggenheim raised their price target on Five Below from $125.00 to $140.00 and gave the stock a “buy” rating in a research report on Thursday, December 5th. Bank of America lowered Five Below from a “neutral” rating to an “underperform” rating and dropped their price target for the stock from $98.00 to $75.00 in a research report on Wednesday, November 6th. Finally, The Goldman Sachs Group raised their price target on Five Below from $106.00 to $122.00 and gave the stock a “buy” rating in a research report on Friday, December 6th. Three analysts have rated the stock with a sell rating, twelve have issued a hold rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat, Five Below presently has an average rating of “Hold” and a consensus target price of $111.32.

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.