SG Americas Securities LLC Purchases New Shares in Five Below, Inc. (NASDAQ:FIVE)

SG Americas Securities LLC purchased a new stake in shares of Five Below, Inc. (NASDAQ:FIVE - Free Report) during the 3rd quarter, according to its most recent disclosure with the SEC. The fund purchased 5,672 shares of the specialty retailer's stock, valued at approximately $501,000.

A number of other institutional investors have also added to or reduced their stakes in FIVE. V Square Quantitative Management LLC acquired a new position in Five Below in the 4th quarter worth about $26,000. HighPoint Advisor Group LLC bought a new position in Five Below in the 4th quarter valued at approximately $360,000. Los Angeles Capital Management LLC acquired a new stake in Five Below during the 1st quarter worth approximately $303,000. Mather Group LLC. bought a new stake in Five Below during the 1st quarter worth approximately $70,000. Finally, Rise Advisors LLC acquired a new position in Five Below in the 1st quarter valued at approximately $28,000.

Five Below Stock Performance

Shares of NASDAQ FIVE traded down $0.70 during midday trading on Thursday, hitting $95.05. 1,174,789 shares of the stock traded hands, compared to its average volume of 1,440,197. Five Below, Inc. has a one year low of $64.87 and a one year high of $216.18. The business has a 50 day moving average price of $85.94 and a two-hundred day moving average price of $109.33. The company has a market cap of $5.23 billion, a PE ratio of 17.87, a P/E/G ratio of 1.01 and a beta of 1.21.

Five Below (NASDAQ:FIVE - Get Free Report) last announced its quarterly earnings results on Wednesday, August 28th. The specialty retailer reported $0.54 EPS for the quarter, meeting analysts' consensus estimates of $0.54. Five Below had a net margin of 7.57% and a return on equity of 18.16%. The business had revenue of $830.07 million during the quarter, compared to analyst estimates of $821.95 million. As a group, equities research analysts forecast that Five Below, Inc. will post 4.55 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the stock. Melius Research initiated coverage on shares of Five Below in a report on Monday, September 23rd. They set a "hold" rating and a $100.00 price target on the stock. Deutsche Bank Aktiengesellschaft reaffirmed a "hold" rating and set a $79.00 target price (down from $155.00) on shares of Five Below in a report on Thursday, July 18th. Morgan Stanley cut Five Below from an "overweight" rating to an "equal weight" rating and decreased their price target for the company from $160.00 to $100.00 in a research note on Wednesday, July 17th. Mizuho reaffirmed a "neutral" rating and issued a $85.00 price objective on shares of Five Below in a research note on Thursday, October 3rd. Finally, UBS Group reduced their target price on Five Below from $120.00 to $108.00 and set a "buy" rating on the stock in a report on Wednesday, August 21st. Two analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and seven have issued a buy rating to the company. According to MarketBeat.com, the company has an average rating of "Hold" and a consensus price target of $111.15.

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.