Quadrature Capital Ltd Invests $3.19 Million in Five Below, Inc. (NASDAQ:FIVE)

Quadrature Capital Ltd bought a new stake in Five Below, Inc. (NASDAQ:FIVE - Free Report) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 36,137 shares of the specialty retailer's stock, valued at approximately $3,192,000. Quadrature Capital Ltd owned 0.07% of Five Below as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also made changes to their positions in FIVE. Quantinno Capital Management LP acquired a new position in Five Below in the third quarter worth about $465,000. Quarry LP raised its position in Five Below by 1,187.3% in the third quarter. Quarry LP now owns 1,828 shares of the specialty retailer's stock worth $162,000 after purchasing an additional 1,686 shares in the last quarter. Invenomic Capital Management LP raised its position in Five Below by 422.4% in the third quarter. Invenomic Capital Management LP now owns 199,120 shares of the specialty retailer's stock worth $17,592,000 after purchasing an additional 161,006 shares in the last quarter. Holocene Advisors LP acquired a new position in Five Below in the third quarter worth about $38,829,000. Finally, Cinctive Capital Management LP acquired a new position in Five Below in the third quarter worth about $5,405,000.

Analyst Ratings Changes

Several research analysts recently issued reports on the stock. StockNews.com raised shares of Five Below from a "sell" rating to a "hold" rating in a research report on Thursday. The Goldman Sachs Group increased their price target on shares of Five Below from $106.00 to $122.00 and gave the stock a "buy" rating in a research report on Friday. Melius Research assumed coverage on shares of Five Below in a report on Monday, September 23rd. They set a "hold" rating and a $100.00 price objective for the company. Wells Fargo & Company raised their price objective on shares of Five Below from $115.00 to $135.00 and gave the stock an "overweight" rating in a report on Thursday. Finally, Craig Hallum raised their price objective on shares of Five Below from $125.00 to $150.00 and gave the stock a "buy" rating in a report on Thursday. Two research analysts have rated the stock with a sell rating, fourteen have issued a hold rating and six have issued a buy rating to the stock. According to MarketBeat, Five Below currently has a consensus rating of "Hold" and an average price target of $116.15.

Five Below Stock Down 2.8 %

FIVE stock traded down $3.24 during midday trading on Friday, reaching $112.73. The company's stock had a trading volume of 2,392,844 shares, compared to its average volume of 1,522,362. Five Below, Inc. has a 52 week low of $64.87 and a 52 week high of $216.18. The stock has a market cap of $6.20 billion, a PE ratio of 22.19, a price-to-earnings-growth ratio of 1.14 and a beta of 1.18. The business's 50-day simple moving average is $91.79 and its 200-day simple moving average is $94.63.

Five Below (NASDAQ:FIVE - Get Free Report) last announced its quarterly earnings data on Wednesday, December 4th. The specialty retailer reported $0.42 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.16 by $0.26. Five Below had a net margin of 7.57% and a return on equity of 18.16%. The firm had revenue of $843.71 million for the quarter, compared to analysts' expectations of $801.48 million. During the same period last year, the firm earned $0.26 earnings per share. The business's revenue for the quarter was up 14.6% on a year-over-year basis. As a group, equities analysts forecast that Five Below, Inc. will post 4.56 earnings per share for the current fiscal 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.