WINTON GROUP Ltd Purchases Shares of 23,127 Five Below, Inc. (NASDAQ:FIVE)

WINTON GROUP Ltd acquired a new stake in Five Below, Inc. (NASDAQ:FIVE - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 23,127 shares of the specialty retailer's stock, valued at approximately $2,427,000.

A number of other large investors also recently modified their holdings of FIVE. Brooklyn Investment Group purchased a new stake in Five Below during the third quarter worth approximately $30,000. Proficio Capital Partners LLC purchased a new stake in shares of Five Below during the 4th quarter worth approximately $31,000. UMB Bank n.a. boosted its holdings in shares of Five Below by 156.9% in the 4th quarter. UMB Bank n.a. now owns 334 shares of the specialty retailer's stock valued at $35,000 after buying an additional 204 shares in the last quarter. Wilmington Savings Fund Society FSB purchased a new position in shares of Five Below in the 3rd quarter valued at $42,000. Finally, EverSource Wealth Advisors LLC boosted its position in shares of Five Below by 2,936.8% in the 4th quarter. EverSource Wealth Advisors LLC now owns 577 shares of the specialty retailer's stock valued at $61,000 after purchasing an additional 558 shares during the period.

Insiders Place Their Bets

In related news, CAO Eric M. Specter sold 5,494 shares of the stock in a transaction on Thursday, January 16th. The stock was sold at an average price of $90.76, for a total transaction of $498,635.44. Following the sale, the chief accounting officer now owns 57,267 shares of the company's stock, valued at $5,197,552.92. This trade represents a 8.75 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Ronald James Masciantonio sold 584 shares of Five Below stock in a transaction dated Monday, March 24th. The stock was sold at an average price of $78.04, for a total value of $45,575.36. Following the sale, the executive vice president now owns 12,658 shares of the company's stock, valued at approximately $987,830.32. This represents a 4.41 % decrease in their position. The disclosure for this sale can be found here. 1.90% of the stock is currently owned by company insiders.

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Analyst Upgrades and Downgrades

Several research firms have commented on FIVE. Barclays cut their price target on Five Below from $100.00 to $93.00 and set an "equal weight" rating on the stock in a research report on Thursday, March 20th. StockNews.com upgraded shares of Five Below from a "sell" rating to a "hold" rating in a research note on Monday, March 24th. Wells Fargo & Company lifted their price objective on shares of Five Below from $115.00 to $135.00 and gave the company an "overweight" rating in a research note on Thursday, December 5th. Mizuho decreased their target price on shares of Five Below from $105.00 to $88.00 and set a "neutral" rating for the company in a research note on Thursday, March 20th. Finally, Craig Hallum boosted their price target on Five Below from $125.00 to $150.00 and gave the company a "buy" rating in a research report on Thursday, December 5th. Two research analysts have rated the stock with a sell rating, thirteen have given a hold rating and six have issued a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of $101.42.

Five Below Price Performance

Five Below stock traded up $1.55 during mid-day trading on Tuesday, reaching $76.48. The company had a trading volume of 1,784,386 shares, compared to its average volume of 1,793,669. Five Below, Inc. has a 1 year low of $64.87 and a 1 year high of $177.55. The company has a market capitalization of $4.21 billion, a P/E ratio of 15.77, a P/E/G ratio of 1.19 and a beta of 1.11. The stock's 50-day simple moving average is $85.35 and its 200-day simple moving average is $92.31.

Five Below (NASDAQ:FIVE - Get Free Report) last posted its earnings results on Wednesday, March 19th. The specialty retailer reported $3.48 earnings per share for the quarter, beating the consensus estimate of $3.38 by $0.10. Five Below had a return on equity of 18.03% and a net margin of 7.02%. The company had revenue of $1.39 billion for the quarter, compared to analyst estimates of $1.38 billion. During the same quarter in the prior year, the company earned $3.65 earnings per share. Five Below's revenue was up 4.0% compared to the same quarter last year. On average, equities analysts forecast that Five Below, Inc. will post 4.93 EPS for the current fiscal year.

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.