Signaturefd LLC Has $1.32 Million Stock Holdings in Five Below, Inc. (NASDAQ:FIVE)

Signaturefd LLC cut its position in shares of Five Below, Inc. (NASDAQ:FIVE) by 1.9% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 12,133 shares of the specialty retailer’s stock after selling 232 shares during the period. Signaturefd LLC’s holdings in Five Below were worth $1,322,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of FIVE. BNP Paribas Financial Markets grew its stake in Five Below by 30.4% in the 1st quarter. BNP Paribas Financial Markets now owns 13,573 shares of the specialty retailer’s stock valued at $2,462,000 after buying an additional 3,166 shares during the last quarter. AGF Management Ltd. bought a new position in Five Below in the 4th quarter valued at approximately $3,192,000. International Assets Investment Management LLC bought a new position in Five Below in the 4th quarter valued at approximately $3,726,000. Cetera Investment Advisers lifted its stake in Five Below by 1,842.1% in the 1st quarter. Cetera Investment Advisers now owns 22,528 shares of the specialty retailer’s stock valued at $4,086,000 after purchasing an additional 21,368 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. raised its stake in shares of Five Below by 2.8% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 404,671 shares of the specialty retailer’s stock valued at $86,260,000 after acquiring an additional 11,073 shares during the last quarter.

Five Below Stock Down 3.6 %

NASDAQ FIVE traded down $2.81 during trading hours on Friday, reaching $75.43. 2,446,788 shares of the company were exchanged, compared to its average volume of 1,384,593. The stock has a market capitalization of $4.15 billion, a P/E ratio of 14.18, a P/E/G ratio of 0.87 and a beta of 1.19. Five Below, Inc. has a 1 year low of $64.87 and a 1 year high of $216.18. The business’s 50 day simple moving average is $85.03 and its 200-day simple moving average is $133.96.

Five Below (NASDAQ:FIVE) last posted its quarterly earnings results on Wednesday, June 5th. The specialty retailer reported $0.60 earnings per share for the quarter, missing the consensus estimate of $0.62 by ($0.02). Five Below had a return on equity of 19.82% and a net margin of 8.10%. The firm had revenue of $811.86 million for the quarter, compared to the consensus estimate of $834.29 million. During the same quarter in the previous year, the company posted $0.67 EPS. The firm’s revenue was up 11.8% compared to the same quarter last year. As a group, sell-side analysts anticipate that Five Below, Inc. will post 4.89 earnings per share for the current year.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the company. Craig Hallum upgraded Five Below from a “hold” rating to a “buy” rating and lowered their price objective for the stock from $108.00 to $102.00 in a research report on Thursday. Evercore ISI dropped their price target on shares of Five Below from $101.00 to $95.00 and set an “in-line” rating on the stock in a research report on Thursday. Mizuho lowered shares of Five Below from an “outperform” rating to a “neutral” rating and reduced their price objective for the company from $150.00 to $85.00 in a research note on Wednesday, July 17th. The Goldman Sachs Group lowered their target price on shares of Five Below from $124.00 to $106.00 and set a “buy” rating for the company in a research note on Thursday. Finally, Loop Capital dropped their target price on shares of Five Below from $190.00 to $120.00 and set a “hold” rating on the stock in a report on Friday, June 7th. One investment analyst has rated the stock with a sell rating, thirteen have given a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $109.63.

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.