Lisanti Capital Growth LLC Decreases Holdings in Five Below, Inc. (NASDAQ:FIVE)

Lisanti Capital Growth LLC cut its stake in shares of Five Below, Inc. (NASDAQ:FIVE) by 83.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 6,380 shares of the specialty retailer’s stock after selling 32,725 shares during the period. Lisanti Capital Growth LLC’s holdings in Five Below were worth $670,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in FIVE. Brooklyn Investment Group purchased a new stake in shares of Five Below in the 3rd quarter worth $30,000. Proficio Capital Partners LLC purchased a new stake in shares of Five Below in the 4th quarter worth $31,000. UMB Bank n.a. increased its stake 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 worth $35,000 after purchasing an additional 204 shares in the last quarter. Wilmington Savings Fund Society FSB purchased a new stake in shares of Five Below in the 3rd quarter worth $42,000. Finally, R Squared Ltd purchased a new stake in shares of Five Below in the 4th quarter worth $68,000.

Five Below Stock Down 4.3 %

FIVE opened at $82.04 on Friday. The firm has a 50-day simple moving average of $93.65 and a two-hundred day simple moving average of $92.82. Five Below, Inc. has a 52 week low of $64.87 and a 52 week high of $209.79. The company has a market capitalization of $4.51 billion, a PE ratio of 16.92, a price-to-earnings-growth ratio of 1.19 and a beta of 1.12.

Five Below (NASDAQ:FIVE) last released its quarterly earnings data on Wednesday, December 4th. The specialty retailer reported $0.42 EPS for the quarter, beating the consensus estimate 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 the consensus estimate of $801.48 million. During the same quarter in the prior year, the firm earned $0.26 EPS. The business’s revenue was up 14.6% on a year-over-year basis. As a group, sell-side analysts expect that Five Below, Inc. will post 4.93 earnings per share for the current year.

Insider Activity at Five Below

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

Analyst Ratings Changes

FIVE has been the subject of several analyst reports. Citigroup upped their price objective on Five Below from $85.00 to $96.00 and gave the stock a “neutral” rating in a research note on Monday, December 2nd. Morgan Stanley upped their price objective on Five Below from $100.00 to $120.00 and gave the stock an “equal weight” rating in a research note on Thursday, December 5th. Mizuho upped their price objective on Five Below from $90.00 to $105.00 and gave the stock a “neutral” rating in a research note on Friday, December 6th. Craig Hallum upped their target price on shares of Five Below from $125.00 to $150.00 and gave the stock a “buy” rating in a report on Thursday, December 5th. Finally, Barclays upped their target price on shares of Five Below from $90.00 to $100.00 and gave the stock an “equal weight” rating in a report on Thursday, December 5th. Three research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and six have assigned a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $111.32.

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.