Five Below, Inc. (NASDAQ:FIVE) Stock Position Raised by Rhumbline Advisers

Rhumbline Advisers boosted its stake in shares of Five Below, Inc. (NASDAQ:FIVE - Free Report) by 2.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 157,799 shares of the specialty retailer's stock after purchasing an additional 3,705 shares during the quarter. Rhumbline Advisers owned approximately 0.29% of Five Below worth $16,563,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Brooklyn Investment Group acquired a new position in shares of Five Below during the third quarter worth $30,000. UMB Bank n.a. lifted its holdings in Five Below by 156.9% during the 4th quarter. UMB Bank n.a. now owns 334 shares of the specialty retailer's stock worth $35,000 after buying an additional 204 shares during the last quarter. Wilmington Savings Fund Society FSB acquired a new position in shares of Five Below during the 3rd quarter worth about $42,000. R Squared Ltd purchased a new position in shares of Five Below in the 4th quarter valued at about $68,000. Finally, GAMMA Investing LLC raised its position in shares of Five Below by 149.1% during the 4th quarter. GAMMA Investing LLC now owns 1,360 shares of the specialty retailer's stock worth $143,000 after acquiring an additional 814 shares in the last quarter.

Five Below Trading Up 2.5 %

Shares of NASDAQ:FIVE traded up $2.20 during trading on Tuesday, hitting $89.73. 1,682,180 shares of the stock were exchanged, compared to its average volume of 1,670,277. The company has a market cap of $4.94 billion, a PE ratio of 18.50, a P/E/G ratio of 1.19 and a beta of 1.13. The company has a fifty day moving average price of $96.72 and a two-hundred day moving average price of $92.39. Five Below, Inc. has a 12-month low of $64.87 and a 12-month high of $212.01.

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Five Below (NASDAQ:FIVE - Get Free Report) last issued its quarterly earnings data on Wednesday, December 4th. The specialty retailer reported $0.42 earnings per share for the quarter, topping analysts' consensus estimates of $0.16 by $0.26. Five Below had a net margin of 7.02% and a return on equity of 18.03%. The business had revenue of $843.71 million during the quarter, compared to analysts' expectations of $801.48 million. During the same period last year, the company posted $0.26 EPS. The company's revenue was up 14.6% on a year-over-year basis. Equities research analysts anticipate that Five Below, Inc. will post 4.93 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages recently issued reports on FIVE. Barclays upped their price target on Five Below from $90.00 to $100.00 and gave the company an "equal weight" rating in a report on Thursday, December 5th. JPMorgan Chase & Co. lowered their target price on shares of Five Below from $107.00 to $102.00 and set an "underweight" rating for the company in a report on Thursday, January 16th. Guggenheim lifted their price target on shares of Five Below from $125.00 to $140.00 and gave the stock a "buy" rating in a research note on Thursday, December 5th. Bank of America downgraded shares of Five Below from a "neutral" rating to an "underperform" rating and decreased their price objective for the company from $98.00 to $75.00 in a research note on Wednesday, November 6th. Finally, StockNews.com cut Five Below from a "hold" rating to a "sell" rating in a research report on Friday, December 13th. Three research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and six have issued a buy rating to the stock. According to MarketBeat.com, Five Below has an average rating of "Hold" and a consensus target price of $111.32.

Insiders Place Their Bets

In related news, CAO Eric M. Specter sold 5,494 shares of the business's stock in a transaction dated Thursday, January 16th. The shares were sold at an average price of $90.76, for a total transaction of $498,635.44. Following the completion of the sale, the chief accounting officer now owns 57,267 shares of the company's stock, valued at $5,197,552.92. This represents a 8.75 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 1.90% of the stock is owned by company insiders.

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.