Five Below, Inc. (NASDAQ:FIVE) Shares Acquired by Tower Research Capital LLC TRC

Tower Research Capital LLC TRC increased its position in shares of Five Below, Inc. (NASDAQ:FIVE) by 37.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 7,440 shares of the specialty retailer’s stock after acquiring an additional 2,014 shares during the quarter. Tower Research Capital LLC TRC’s holdings in Five Below were worth $781,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently modified their holdings of the company. Proficio Capital Partners LLC acquired a new position in Five Below in the 4th quarter valued at about $31,000. UMB Bank n.a. grew its position in Five Below by 156.9% in the fourth quarter. UMB Bank n.a. now owns 334 shares of the specialty retailer’s stock worth $35,000 after acquiring an additional 204 shares during the period. Wilmington Savings Fund Society FSB purchased a new position in Five Below in the third quarter worth approximately $42,000. EverSource Wealth Advisors LLC increased its stake 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 acquiring an additional 558 shares during the last quarter. Finally, R Squared Ltd purchased a new stake in Five Below in the fourth quarter valued at $68,000.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on FIVE. Evercore ISI cut their price objective on Five Below from $93.00 to $90.00 and set an “in-line” rating for the company in a research report on Tuesday, April 1st. StockNews.com raised shares of Five Below from a “sell” rating to a “hold” rating in a research note on Monday, March 24th. UBS Group lowered their price objective on shares of Five Below from $150.00 to $110.00 and set a “buy” rating for the company in a research report on Thursday, March 20th. Guggenheim cut their target price on Five Below from $140.00 to $125.00 and set a “buy” rating on the stock in a research report on Friday, March 21st. Finally, Bank of America lowered their price target on Five Below from $88.00 to $75.00 and set an “underperform” rating for the company in a research 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 given a buy rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $94.30.

Insider Transactions at Five Below

In related news, EVP Ronald James Masciantonio sold 584 shares of Five Below stock in a transaction on Monday, March 24th. The shares were sold at an average price of $78.04, for a total transaction of $45,575.36. Following the sale, the executive vice president now directly 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 legal filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 1.90% of the company’s stock.

Five Below Trading Down 0.9 %

Shares of NASDAQ:FIVE opened at $75.39 on Friday. Five Below, Inc. has a 52 week low of $52.38 and a 52 week high of $150.88. The company’s 50 day moving average is $74.41 and its two-hundred day moving average is $88.37. The company has a market cap of $4.15 billion, a PE ratio of 15.54, a P/E/G ratio of 1.19 and a beta of 1.01.

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

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.