South Dakota Investment Council sells 1,100 shares in Five Below, Inc. (NASDAQ: FIVE )


South Dakota Investment Council reported that Five Below, Inc. decreased its position in (NASDAQ:FIVE – Rating Received) by 10.8% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor sold 1,100 shares and owned 9,090 shares of the specialty retailer during this period. South Dakota Investment Council’s holdings in Five Below were worth $1,440,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of the company. Riverbridge Partners LLC lifted its holdings in shares of Five Below by 1.9% in the first quarter. Riverbridge Partners LLC now owns 1,605,538 shares of the specialty retailer’s stock valued at $254,269,000 after buying an additional 30,160 shares during the last quarter. Alliancebernstein LP boosted its holdings in Five Below by 2.9% during the fourth quarter. Alliancebernstein LP now owns 1,255,421 shares of the specialty retailer’s stock valued at $259,734,000 after acquiring an additional 35,588 shares during the last quarter. Montrusco Bolton Investments Inc. boosted its holdings in Five Below by 33.6% in the first quarter. Montrusco Bolton Investments Inc. now owns 984,211 shares of the specialty retailer’s stock valued at $153,397,000 after acquiring an additional 247,319 shares during the last quarter. GW&K Investment Management LLC boosted its holdings in Five Below by 33.7% in the first quarter. GW&K Investment Management LLC now owns 732,491 shares of the specialty retailer’s stock worth $116,005,000 after acquiring an additional 184,787 shares in the last quarter. Finally, Geode Capital Management LLC boosted its holdings in Five Below by 2.1% in the fourth quarter. Geode Capital Management LLC now owns 727,045 shares of the specialty retailer’s stock worth $150,418,000 after acquiring an additional 14,731 shares in the last quarter. At present, 99.20 percent of the shares are owned by institutional investors.

Five down trading down 4.3%

Five Below stock opened at $135.98 on Monday. Five Below, Inc has a 12 month low of $109.49 and a 12 month high of $237.86. The stock’s 50-day moving average is $125.92 and its 200-day moving average is $145.34. The company has a market capitalization of $7.55 billion, a price-to-earnings ratio of 29.18, a PEG ratio of 1.41 and a beta of 1.34.

Five Below (NASDAQ:FIVE – Get Ratings ) last posted its earnings results on Wednesday, June 8th. The specialty retailer reported $0.59 EPS for the quarter, beating the consensus estimate of $0.58 by $0.01. Five Below had a return on equity of 24.53% and a net margin of 9.06%. The company had revenue of $639.60 million for the quarter, compared to the consensus estimate of $652.73 million. During the same quarter in the prior year, the business earned $0.88 per share. The firm’s revenue for the quarter was up 7.0% on a year-over-year basis. As a group, equities research analysts predict that Five Below, Inc. will post 4.89 earnings per share for the current fiscal year.

Wall Street analysts weigh in

Several research firms recently issued reports on Five. Truist Financial dropped their target price on Five Below from $155.00 to $154.00 and set a “buy” rating on the stock in a report on Thursday, June 9th. Gordon Haskett cut Five Down from a “buy” rating to an “accumulate” rating and set a $140.00 target price on the stock. In a report on Thursday, June 9th. Guggenheim decreased their target price on Five Below from $250.00 to $200.00 and set a “buy” rating on the stock in a report on Thursday, June 9th. Deutsche Bank Aktiengesellschaft dropped their target price on Five Below from $249.00 to $216.00 and set a “buy” rating on the stock in a report on Wednesday, June 29th. Finally, Telsey Advisory Group cut their price target on Five Below from $175.00 to $158.00 and set an “outperform” rating on the stock in a research report on Thursday, June 9th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and fifteen have assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $182.32.

Company profile below five

(Get Rating)

Five Below, Inc. operates as a specialty price retailer in the United States. These include socks, sunglasses, jewelry, scarves, gloves, hair accessories, athletic tops and bottoms, and T-shirts, as well as nail polishes, lip glosses, fragrances, and branded cosmetics; and offers items used to complete and personalize a living space, such as glitter lamps, posters, frames, fleece blankets, plush items, pillows, candles, incense, lighting, novelty decor, accent furniture, and related items, as well as storage options. Customer room.

Special articles

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Institutional Ownership of Five Below (NASDAQ: FIVE) by Quarter



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