Capital World Investors Sells 239,220 Shares of Five Below, Inc. (NASDAQ:FIVE)

Capital World Investors reduced its stake in shares of Five Below, Inc. (NASDAQ:FIVE - Free Report) by 14.9% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 1,364,180 shares of the specialty retailer's stock after selling 239,220 shares during the period. Capital World Investors owned about 2.48% of Five Below worth $143,184,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently modified their holdings of FIVE. Vanguard Group Inc. lifted its position in Five Below by 0.9% in the fourth quarter. Vanguard Group Inc. now owns 5,047,563 shares of the specialty retailer's stock valued at $529,792,000 after purchasing an additional 43,537 shares during the last quarter. Wasatch Advisors LP increased its holdings in shares of Five Below by 3.7% during the fourth quarter. Wasatch Advisors LP now owns 2,420,083 shares of the specialty retailer's stock valued at $254,012,000 after acquiring an additional 86,271 shares in the last quarter. Marshall Wace LLP raised its holdings in Five Below by 86.0% in the fourth quarter. Marshall Wace LLP now owns 2,320,212 shares of the specialty retailer's stock worth $243,529,000 after buying an additional 1,072,642 shares during the last quarter. Giverny Capital Inc. raised its stake in shares of Five Below by 0.9% in the fourth quarter. Giverny Capital Inc. now owns 732,110 shares of the specialty retailer's stock worth $76,842,000 after purchasing an additional 6,861 shares during the last quarter. Finally, Pacifica Capital Investments LLC lifted its holdings in shares of Five Below by 13.3% during the 4th quarter. Pacifica Capital Investments LLC now owns 658,553 shares of the specialty retailer's stock valued at $69,122,000 after buying an additional 77,483 shares during the period.

Wall Street Analyst Weigh In

FIVE has been the subject of several research reports. The Goldman Sachs Group reduced 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. StockNews.com upgraded shares of Five Below from a "sell" rating to a "hold" rating in a research note on Monday, March 24th. Telsey Advisory Group reduced their price objective on Five Below from $115.00 to $85.00 and set a "market perform" rating for the company in a research note on Tuesday, March 18th. Barclays cut their price target on Five Below from $100.00 to $93.00 and set an "equal weight" rating for the company in a report on Thursday, March 20th. Finally, Bank of America decreased their price objective on Five Below from $88.00 to $75.00 and set an "underperform" rating on the stock in a research note on Thursday, March 20th. One equities research analyst has rated the stock with a sell rating, fifteen have given a hold rating and six have given a buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of $94.30.

Five Below Trading Down 0.9 %

FIVE stock traded down $0.68 during midday trading on Friday, hitting $75.39. 1,503,548 shares of the company's stock were exchanged, compared to its average volume of 2,332,215. Five Below, Inc. has a 12-month low of $52.38 and a 12-month high of $151.95. The stock has a market capitalization of $4.15 billion, a price-to-earnings ratio of 15.54, a price-to-earnings-growth ratio of 1.19 and a beta of 1.01. The firm has a 50 day moving average price of $74.79 and a 200-day moving average price of $88.50.

Five Below (NASDAQ:FIVE - Get Free Report) last released its quarterly earnings results 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. Five Below had a net margin of 7.02% and a return on equity of 18.03%. The business had revenue of $1.39 billion for the quarter, compared to analyst estimates of $1.38 billion. During the same quarter in the previous year, the business earned $3.65 earnings per share. The firm's revenue was up 4.0% compared to the same quarter last year. On average, sell-side analysts forecast that Five Below, Inc. will post 4.93 EPS for the current fiscal year.

Insider Buying and Selling

In other Five Below news, EVP Ronald James Masciantonio sold 584 shares of the company'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 sale, the executive vice president now directly owns 12,658 shares of the company's stock, valued at approximately $987,830.32. This represents a 4.41 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 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.