Pacifica Capital Investments LLC Has $54.21 Million Stock Position in Five Below, Inc. (NASDAQ:FIVE)

Pacifica Capital Investments LLC increased its stake in Five Below, Inc. (NASDAQ:FIVE) by 4.8% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 497,488 shares of the specialty retailer’s stock after acquiring an additional 22,960 shares during the period. Five Below makes up approximately 19.5% of Pacifica Capital Investments LLC’s investment portfolio, making the stock its 2nd biggest position. Pacifica Capital Investments LLC owned 0.90% of Five Below worth $54,211,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in FIVE. Price T Rowe Associates Inc. MD boosted its position in shares of Five Below by 1.0% during the first quarter. Price T Rowe Associates Inc. MD now owns 3,799,561 shares of the specialty retailer’s stock valued at $689,165,000 after buying an additional 38,419 shares during the period. Capital World Investors raised its holdings in shares of Five Below by 2.5% in the first quarter. Capital World Investors now owns 2,403,415 shares of the specialty retailer’s stock valued at $435,931,000 after acquiring an additional 58,883 shares in the last quarter. Wasatch Advisors LP grew its holdings in Five Below by 2.1% during the 1st quarter. Wasatch Advisors LP now owns 1,876,053 shares of the specialty retailer’s stock worth $340,278,000 after acquiring an additional 37,797 shares in the last quarter. Riverbridge Partners LLC increased its position in Five Below by 5.5% during the 2nd quarter. Riverbridge Partners LLC now owns 1,377,908 shares of the specialty retailer’s stock valued at $150,151,000 after purchasing an additional 72,020 shares during the period. Finally, Artisan Partners Limited Partnership raised its holdings in shares of Five Below by 0.9% in the 4th quarter. Artisan Partners Limited Partnership now owns 1,150,965 shares of the specialty retailer’s stock valued at $245,340,000 after purchasing an additional 9,837 shares in the last quarter.

Five Below Trading Up 1.9 %

NASDAQ FIVE traded up $1.43 on Friday, hitting $77.48. 72,246 shares of the company’s stock traded hands, compared to its average volume of 1,379,878. The firm has a market capitalization of $4.27 billion, a PE ratio of 14.30, a P/E/G ratio of 1.15 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 firm’s 50-day moving average price is $82.13 and its two-hundred day moving average price is $130.85.

Five Below (NASDAQ:FIVE) last issued its quarterly earnings data on Wednesday, June 5th. The specialty retailer reported $0.60 EPS for the quarter, missing analysts’ consensus estimates of $0.62 by ($0.02). Five Below had a return on equity of 18.16% and a net margin of 7.57%. The firm had revenue of $811.86 million for the quarter, compared to analyst estimates of $834.29 million. During the same period in the previous year, the business earned $0.67 EPS. Five Below’s revenue for the quarter was up 11.8% compared to the same quarter last year. On average, research analysts anticipate that Five Below, Inc. will post 4.54 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on FIVE. Barclays lowered shares of Five Below from an “overweight” rating to an “equal weight” rating and cut their price objective for the company from $176.00 to $90.00 in a report on Wednesday, July 17th. JPMorgan Chase & Co. upped their price objective on Five Below from $86.00 to $89.00 and gave the stock a “neutral” rating in a research note on Thursday, August 29th. Citigroup cut their target price on Five Below from $92.00 to $85.00 and set a “neutral” rating on the stock in a research note on Wednesday, August 21st. Gordon Haskett lowered shares of Five Below from an “accumulate” rating to a “hold” rating in a research report on Wednesday, July 24th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $79.00 price objective (down previously from $155.00) on shares of Five Below in a research report on Thursday, July 18th. One investment analyst has rated the stock with a sell rating, thirteen have issued a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat, Five Below has an average rating of “Hold” and a consensus price target of $109.63.

Five Below 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.