Capital One National Association Takes Position in Five Below Inc (FIVE)

Capital One National Association bought a new position in shares of Five Below Inc (NASDAQ:FIVE) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 19,471 shares of the specialty retailer’s stock, valued at approximately $1,291,000.

Other institutional investors have also recently bought and sold shares of the company. Jennison Associates LLC lifted its position in shares of Five Below by 24.1% during the 3rd quarter. Jennison Associates LLC now owns 2,124,055 shares of the specialty retailer’s stock worth $116,568,000 after buying an additional 412,641 shares in the last quarter. JPMorgan Chase & Co. lifted its position in shares of Five Below by 66.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 5,269 shares of the specialty retailer’s stock worth $288,000 after buying an additional 2,094 shares in the last quarter. Emerald Advisers Inc. PA lifted its position in shares of Five Below by 8.9% during the 3rd quarter. Emerald Advisers Inc. PA now owns 598,025 shares of the specialty retailer’s stock worth $32,820,000 after buying an additional 48,974 shares in the last quarter. Piedmont Investment Advisors LLC bought a new position in shares of Five Below during the 2nd quarter worth approximately $588,000. Finally, Schwab Charles Investment Management Inc. lifted its position in shares of Five Below by 3.8% during the 3rd quarter. Schwab Charles Investment Management Inc. now owns 301,656 shares of the specialty retailer’s stock worth $16,555,000 after buying an additional 11,140 shares in the last quarter.

In related news, EVP Michael Romanko sold 12,454 shares of Five Below stock in a transaction that occurred on Thursday, December 7th. The shares were sold at an average price of $66.53, for a total value of $828,564.62. Following the completion of the transaction, the executive vice president now directly owns 24,858 shares in the company, valued at approximately $1,653,802.74. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Eric M. Specter sold 15,000 shares of Five Below stock in a transaction that occurred on Thursday, December 14th. The shares were sold at an average price of $67.08, for a total transaction of $1,006,200.00. Following the completion of the transaction, the insider now owns 13,883 shares of the company’s stock, valued at $931,271.64. The disclosure for this sale can be found here. Insiders sold a total of 143,400 shares of company stock valued at $9,474,401 over the last quarter. 2.92% of the stock is owned by company insiders.

Several research firms have commented on FIVE. Gordon Haskett raised shares of Five Below from a “hold” rating to an “accumulate” rating in a research report on Wednesday, January 31st. Barclays reissued a “hold” rating and set a $60.00 target price on shares of Five Below in a research report on Sunday, December 3rd. MKM Partners lifted their target price on shares of Five Below from $59.00 to $64.00 and gave the stock a “buy” rating in a research report on Tuesday, November 28th. Loop Capital cut shares of Five Below from a “buy” rating to a “hold” rating and set a $54.00 target price on the stock. in a research report on Monday, November 20th. Finally, UBS Group lifted their target price on shares of Five Below from $52.00 to $64.00 and gave the stock a “neutral” rating in a research report on Friday, December 1st. One research analyst has rated the stock with a sell rating, seven have given a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the stock. Five Below has a consensus rating of “Buy” and a consensus target price of $64.33.

Shares of Five Below Inc (NASDAQ:FIVE) opened at $64.35 on Wednesday. Five Below Inc has a one year low of $37.14 and a one year high of $73.55. The stock has a market cap of $3,550.00, a P/E ratio of 42.06, a PEG ratio of 0.91 and a beta of 0.67.

Five Below (NASDAQ:FIVE) last issued its quarterly earnings results on Thursday, November 30th. The specialty retailer reported $0.18 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.13 by $0.05. Five Below had a net margin of 7.31% and a return on equity of 23.85%. The company had revenue of $257.18 million during the quarter, compared to analyst estimates of $246.04 million. During the same quarter last year, the business posted $0.10 EPS. Five Below’s quarterly revenue was up 28.9% compared to the same quarter last year. analysts forecast that Five Below Inc will post 1.81 earnings per share for the current year.

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Five Below Profile

Five Below, Inc is a specialty retailer offering a range of merchandise for teen and pre-teen customer. The Company offers an assortment of products, including select brands and licensed merchandise across a range of categories, including Style, Room, Sports, Tech, Crafts, Party, Candy and Now. Its product groups include leisure, fashion and home, and party and snack.

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

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