Five Below, Inc. (NASDAQ:FIVE) Shares Sold by Captrust Financial Advisors

Captrust Financial Advisors lowered its stake in shares of Five Below, Inc. (NASDAQ:FIVE - Free Report) by 42.4% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 8,351 shares of the specialty retailer's stock after selling 6,145 shares during the quarter. Captrust Financial Advisors' holdings in Five Below were worth $738,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also modified their holdings of FIVE. Paladin Wealth LLC purchased a new position in Five Below during the 3rd quarter worth approximately $26,000. Brooklyn Investment Group purchased a new position in shares of Five Below during the third quarter worth approximately $30,000. Hobbs Group Advisors LLC acquired a new position in shares of Five Below in the 2nd quarter valued at $44,000. Ashton Thomas Private Wealth LLC purchased a new stake in Five Below in the 2nd quarter valued at $50,000. Finally, Partnership Wealth Management LLC boosted its stake in Five Below by 63.5% during the 3rd quarter. Partnership Wealth Management LLC now owns 515 shares of the specialty retailer's stock worth $46,000 after purchasing an additional 200 shares during the period.

Wall Street Analyst Weigh In

A number of research firms have commented on FIVE. JPMorgan Chase & Co. lifted their price objective on shares of Five Below from $83.00 to $110.00 and gave the company an "underweight" rating in a research note on Thursday, December 5th. UBS Group dropped their price target on Five Below from $120.00 to $108.00 and set a "buy" rating on the stock in a research report on Wednesday, August 21st. Gordon Haskett raised Five Below from a "hold" rating to a "buy" rating and set a $120.00 price objective for the company in a research report on Thursday, November 7th. Telsey Advisory Group boosted their target price on Five Below from $95.00 to $115.00 and gave the company a "market perform" rating in a report on Thursday, December 5th. Finally, KeyCorp cut Five Below from an "overweight" rating to a "sector weight" rating in a research note on Thursday, November 7th. Two investment analysts have rated the stock with a sell rating, fourteen have given a hold rating and six have given a buy rating to the company. According to MarketBeat, Five Below has an average rating of "Hold" and a consensus target price of $116.15.

Five Below Stock Up 0.1 %

Shares of FIVE traded up $0.11 during mid-day trading on Wednesday, hitting $109.53. The company had a trading volume of 1,292,762 shares, compared to its average volume of 1,519,938. Five Below, Inc. has a 1-year low of $64.87 and a 1-year high of $216.18. The business's 50-day simple moving average is $93.07 and its 200-day simple moving average is $93.92. The stock has a market cap of $6.03 billion, a PE ratio of 22.58, a P/E/G ratio of 1.15 and a beta of 1.19.

Five Below (NASDAQ:FIVE - Get Free Report) last announced 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 company had revenue of $843.71 million for the quarter, compared to analyst estimates of $801.48 million. Five Below had a net margin of 7.02% and a return on equity of 18.03%. Five Below's revenue for the quarter was up 14.6% on a year-over-year basis. During the same quarter last year, the business earned $0.26 EPS. On average, sell-side analysts expect that Five Below, Inc. will post 4.93 earnings per share for the current year.

About Five Below

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.