WINTON GROUP Ltd Purchases New Position in Five Below, Inc. (NASDAQ:FIVE)

WINTON GROUP Ltd acquired a new position in Five Below, Inc. (NASDAQ:FIVE) during the fourth quarter, according to its most recent filing with the SEC. The firm acquired 23,127 shares of the specialty retailer’s stock, valued at approximately $2,427,000.

Several other hedge funds have also recently made changes to their positions in FIVE. Prudential Financial Inc. boosted its holdings in Five Below by 236.1% in the fourth quarter. Prudential Financial Inc. now owns 11,438 shares of the specialty retailer’s stock valued at $1,201,000 after acquiring an additional 8,035 shares in the last quarter. Pacifica Capital Investments LLC lifted its position in shares of Five Below by 13.3% in the 4th quarter. Pacifica Capital Investments LLC now owns 658,553 shares of the specialty retailer’s stock worth $69,122,000 after purchasing an additional 77,483 shares during the period. Summit Creek Advisors LLC boosted its stake in shares of Five Below by 0.3% during the 4th quarter. Summit Creek Advisors LLC now owns 97,479 shares of the specialty retailer’s stock valued at $10,231,000 after purchasing an additional 311 shares in the last quarter. Vanguard Group Inc. increased its position in shares of Five Below by 0.9% during the fourth quarter. Vanguard Group Inc. now owns 5,047,563 shares of the specialty retailer’s stock valued at $529,792,000 after buying an additional 43,537 shares during the period. Finally, Stevens Capital Management LP bought a new position in Five Below in the fourth quarter worth about $335,000.

Five Below Stock Up 2.0 %

FIVE opened at $79.36 on Friday. Five Below, Inc. has a twelve month low of $64.87 and a twelve month high of $184.77. The firm has a 50 day moving average price of $86.40 and a 200-day moving average price of $92.57. The stock has a market capitalization of $4.37 billion, a price-to-earnings ratio of 16.36, a PEG ratio of 1.19 and a beta of 1.11.

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

Analysts Set New Price Targets

FIVE has been the topic of several research reports. Guggenheim reduced their target price on Five Below from $140.00 to $125.00 and set a “buy” rating on the stock in a report on Friday, March 21st. UBS Group reduced their price target on Five Below from $150.00 to $110.00 and set a “buy” rating on the stock in a research note on Thursday, March 20th. Loop Capital lowered 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. Wells Fargo & Company upped their target price on shares of Five Below from $115.00 to $135.00 and gave the stock an “overweight” rating in a research report on Thursday, December 5th. Finally, The Goldman Sachs Group lowered their price target on shares of Five Below from $117.00 to $102.00 and set a “buy” rating for the company in a research report on Friday, March 21st. Two analysts have rated the stock with a sell rating, thirteen have given a hold rating and six have issued a buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $102.16.

Insider Transactions at Five Below

In other Five Below news, EVP Ronald James Masciantonio sold 584 shares of the business’s stock in a transaction dated Monday, March 24th. The stock was 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 owns 12,658 shares of the company’s stock, valued at approximately $987,830.32. The trade was a 4.41 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, 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 transaction, the chief accounting officer now directly owns 57,267 shares in the company, valued at approximately $5,197,552.92. The trade was a 8.75 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company 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.