Quantinno Capital Management LP Purchases Shares of 5,263 Five Below, Inc. (NASDAQ:FIVE)

Quantinno Capital Management LP purchased a new stake in shares of Five Below, Inc. (NASDAQ:FIVE - Free Report) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 5,263 shares of the specialty retailer's stock, valued at approximately $465,000.

Several other hedge funds have also modified their holdings of the stock. Quarry LP grew its stake in shares of Five Below by 1,187.3% during the third quarter. Quarry LP now owns 1,828 shares of the specialty retailer's stock valued at $162,000 after purchasing an additional 1,686 shares during the last quarter. Invenomic Capital Management LP grew its stake in shares of Five Below by 422.4% during the third quarter. Invenomic Capital Management LP now owns 199,120 shares of the specialty retailer's stock valued at $17,592,000 after purchasing an additional 161,006 shares during the last quarter. Holocene Advisors LP bought a new stake in shares of Five Below during the third quarter valued at approximately $38,829,000. Cinctive Capital Management LP bought a new stake in shares of Five Below during the third quarter valued at approximately $5,405,000. Finally, Concentric Capital Strategies LP bought a new stake in shares of Five Below during the third quarter valued at approximately $2,394,000.

Five Below Trading Up 0.2 %

NASDAQ FIVE traded up $0.16 during trading on Friday, reaching $103.95. The company's stock had a trading volume of 1,901,416 shares, compared to its average volume of 1,524,676. The firm has a market capitalization of $5.72 billion, a price-to-earnings ratio of 21.43, a price-to-earnings-growth ratio of 1.12 and a beta of 1.18. Five Below, Inc. has a 12 month low of $64.87 and a 12 month high of $216.18. The firm has a 50 day moving average price of $93.55 and a 200 day moving average price of $93.52.

Five Below (NASDAQ:FIVE - Get Free Report) last posted 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. The firm had revenue of $843.71 million during the quarter, compared to the consensus estimate of $801.48 million. Five Below had a net margin of 7.02% and a return on equity of 18.03%. The business's revenue for the quarter was up 14.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.26 EPS. On average, equities analysts forecast that Five Below, Inc. will post 4.94 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on FIVE. KeyCorp lowered shares of Five Below from an "overweight" rating to a "sector weight" rating in a report on Thursday, November 7th. Guggenheim increased their price objective on shares of Five Below from $125.00 to $140.00 and gave the company a "buy" rating in a report on Thursday, December 5th. Mizuho increased their price objective on shares of Five Below from $90.00 to $105.00 and gave the company a "neutral" rating in a report on Friday, December 6th. UBS Group decreased their price objective on shares of Five Below from $120.00 to $108.00 and set a "buy" rating for the company in a research report on Wednesday, August 21st. Finally, Evercore ISI lifted their price objective on shares of Five Below from $100.00 to $104.00 and gave the company an "in-line" rating in a research report on Tuesday, October 22nd. Three research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and six have issued a buy rating to the company. According to data from MarketBeat.com, Five Below has an average rating of "Hold" and a consensus target price of $116.15.

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.