First Trust Advisors LP Has $19.61 Million Stock Holdings in Five Below, Inc. (NASDAQ:FIVE)

First Trust Advisors LP boosted its position in Five Below, Inc. (NASDAQ:FIVE) by 154.2% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 186,822 shares of the specialty retailer’s stock after purchasing an additional 113,329 shares during the period. First Trust Advisors LP owned about 0.34% of Five Below worth $19,609,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Proficio Capital Partners LLC acquired a new stake in shares of Five Below in the fourth quarter valued at approximately $31,000. UMB Bank n.a. lifted its holdings in Five Below by 156.9% during the 4th quarter. UMB Bank n.a. now owns 334 shares of the specialty retailer’s stock valued at $35,000 after purchasing an additional 204 shares during the last quarter. Wilmington Savings Fund Society FSB acquired a new stake in Five Below during the 3rd quarter valued at $42,000. EverSource Wealth Advisors LLC boosted its position in Five Below by 2,936.8% during the fourth quarter. EverSource Wealth Advisors LLC now owns 577 shares of the specialty retailer’s stock worth $61,000 after purchasing an additional 558 shares during the period. Finally, R Squared Ltd acquired a new position in shares of Five Below in the fourth quarter valued at $68,000.

Five Below Stock Down 0.9 %

Shares of FIVE stock opened at $75.39 on Friday. The business has a fifty day simple moving average of $74.41 and a 200 day simple moving average of $88.37. The company has a market cap of $4.15 billion, a P/E ratio of 15.54, a P/E/G ratio of 1.19 and a beta of 1.01. Five Below, Inc. has a twelve month low of $52.38 and a twelve month high of $150.88.

Five Below (NASDAQ:FIVE) last posted its quarterly earnings results on Wednesday, March 19th. The specialty retailer reported $3.48 earnings per share for the quarter, beating analysts’ consensus estimates of $3.38 by $0.10. The company had revenue of $1.39 billion for the quarter, compared to the consensus estimate of $1.38 billion. Five Below had a net margin of 7.02% and a return on equity of 18.03%. The firm’s quarterly revenue was up 4.0% compared to the same quarter last year. During the same period last year, the company posted $3.65 EPS. As a group, equities research analysts anticipate that Five Below, Inc. will post 4.93 earnings per share for the current fiscal year.

Insider Activity

In related news, EVP Ronald James Masciantonio sold 584 shares of the firm’s stock in a transaction that occurred on Monday, March 24th. The shares were sold at an average price of $78.04, for a total value of $45,575.36. Following the completion of the transaction, the executive vice president now owns 12,658 shares in the company, valued at $987,830.32. This trade represents a 4.41 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.90% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

FIVE has been the subject of several research analyst reports. Loop Capital reduced their target price on shares of Five Below from $120.00 to $75.00 and set a “hold” rating for the company in a report on Tuesday, March 18th. DA Davidson reduced their price objective on Five Below from $50.00 to $25.00 and set a “neutral” rating for the company in a report on Monday, April 14th. Mizuho decreased their target price on Five Below from $105.00 to $88.00 and set a “neutral” rating on the stock in a research report on Thursday, March 20th. Telsey Advisory Group dropped their price target on Five Below from $115.00 to $85.00 and set a “market perform” rating for the company in a report on Tuesday, March 18th. Finally, UBS Group decreased their price objective on Five Below from $150.00 to $110.00 and set a “buy” rating on the stock in a report on Thursday, March 20th. One investment analyst has rated the stock with a sell rating, fifteen have given a hold rating and six have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $94.30.

About Five Below

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.