Five Below, Inc. (NASDAQ:FIVE) Stock Position Decreased by Montag & Caldwell LLC

Montag & Caldwell LLC lowered its position in shares of Five Below, Inc. (NASDAQ:FIVE - Free Report) by 24.1% in the second quarter, according to its most recent 13F filing with the SEC. The firm owned 32,059 shares of the specialty retailer's stock after selling 10,205 shares during the quarter. Montag & Caldwell LLC owned about 0.06% of Five Below worth $3,493,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of FIVE. Dimensional Fund Advisors LP raised its position in Five Below by 39.0% in the second quarter. Dimensional Fund Advisors LP now owns 596,763 shares of the specialty retailer's stock valued at $65,034,000 after purchasing an additional 167,330 shares during the period. WINTON GROUP Ltd raised its holdings in shares of Five Below by 72.1% during the 2nd quarter. WINTON GROUP Ltd now owns 8,064 shares of the specialty retailer's stock valued at $879,000 after buying an additional 3,377 shares during the period. Oppenheimer Asset Management Inc. boosted its holdings in Five Below by 23.4% in the 2nd quarter. Oppenheimer Asset Management Inc. now owns 90,174 shares of the specialty retailer's stock worth $9,826,000 after acquiring an additional 17,093 shares during the period. Executive Wealth Management LLC grew its position in Five Below by 31.2% in the second quarter. Executive Wealth Management LLC now owns 16,311 shares of the specialty retailer's stock valued at $1,777,000 after acquiring an additional 3,878 shares in the last quarter. Finally, DekaBank Deutsche Girozentrale grew its position in Five Below by 4.8% in the second quarter. DekaBank Deutsche Girozentrale now owns 21,215 shares of the specialty retailer's stock valued at $2,334,000 after acquiring an additional 964 shares in the last quarter.

Five Below Trading Up 2.4 %

NASDAQ:FIVE traded up $2.36 on Monday, hitting $98.92. 2,333,645 shares of the company's stock traded hands, compared to its average volume of 1,427,203. The company has a market cap of $5.45 billion, a PE ratio of 18.59, a price-to-earnings-growth ratio of 0.99 and a beta of 1.21. The firm has a 50-day moving average price of $79.62 and a 200-day moving average price of $124.74. Five Below, Inc. has a 1 year low of $64.87 and a 1 year high of $216.18.

Analyst Ratings Changes

Several research analysts have recently weighed in on FIVE shares. Citigroup decreased their target price on shares of Five Below from $92.00 to $85.00 and set a "neutral" rating for the company in a research note on Wednesday, August 21st. UBS Group dropped their target price 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. Craig Hallum upgraded Five Below from a "hold" rating to a "buy" rating and cut their price target for the stock from $108.00 to $102.00 in a research note on Thursday, August 29th. Bank of America increased their target price on Five Below from $75.00 to $87.00 and gave the company a "neutral" rating in a research note on Thursday, August 29th. Finally, Evercore ISI dropped their price target on shares of Five Below from $101.00 to $95.00 and set an "in-line" rating for the company in a research note on Thursday, August 29th. One investment analyst has rated the stock with a sell rating, thirteen have issued a hold rating and seven have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, Five Below presently has an average rating of "Hold" and a consensus price target of $109.63.

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.