US Bancorp DE Reduces Stock Holdings in Five Below, Inc. (NASDAQ:FIVE)

US Bancorp DE trimmed its position in Five Below, Inc. (NASDAQ:FIVE) by 1.4% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 26,934 shares of the specialty retailer’s stock after selling 377 shares during the period. US Bancorp DE’s holdings in Five Below were worth $2,827,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of FIVE. Brooklyn Investment Group purchased a new position in Five Below in the third quarter worth about $30,000. Proficio Capital Partners LLC purchased a new position in Five Below in the fourth quarter worth about $31,000. UMB Bank n.a. boosted 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 purchasing an additional 204 shares during the last quarter. Wilmington Savings Fund Society FSB purchased a new position in Five Below in the third quarter worth about $42,000. Finally, R Squared Ltd purchased a new position in Five Below in the fourth quarter worth about $68,000.

Five Below Stock Up 0.3 %

FIVE opened at $85.76 on Friday. Five Below, Inc. has a 52-week low of $64.87 and a 52-week high of $212.01. The stock has a market cap of $4.72 billion, a P/E ratio of 17.68, a PEG ratio of 1.19 and a beta of 1.12. The business has a fifty day moving average of $94.19 and a 200 day moving average of $92.87.

Five Below (NASDAQ:FIVE) last issued its earnings results on Wednesday, December 4th. The specialty retailer reported $0.42 earnings per share for the quarter, topping the consensus estimate of $0.16 by $0.26. The business had revenue of $843.71 million during the quarter, compared to analysts’ expectations of $801.48 million. Five Below had a return on equity of 18.03% and a net margin of 7.02%. The business’s revenue for the quarter was up 14.6% compared to the same quarter last year. During the same period in the prior year, the business earned $0.26 EPS. Equities analysts anticipate that Five Below, Inc. will post 4.93 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on the company. Loop Capital lifted their price objective on Five Below from $90.00 to $120.00 and gave the company a “hold” rating in a research report on Thursday, December 5th. William Blair reaffirmed a “market perform” rating on shares of Five Below in a research report on Monday, December 2nd. Guggenheim lifted their target price on Five Below from $125.00 to $140.00 and gave the company a “buy” rating in a research note on Thursday, December 5th. Barclays lifted their price objective on Five Below from $90.00 to $100.00 and gave the stock an “equal weight” rating in a research note on Thursday, December 5th. Finally, Craig Hallum lifted their price objective on Five Below from $125.00 to $150.00 and gave the stock a “buy” rating in a research note on Thursday, December 5th. Three equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and six have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Five Below presently has an average rating of “Hold” and a consensus price target of $111.32.

Insider Transactions at Five Below

In related news, CAO Eric M. Specter sold 5,494 shares of the company’s stock in a transaction dated Thursday, January 16th. The stock was sold at an average price of $90.76, for a total transaction of $498,635.44. Following the transaction, the chief accounting officer now directly owns 57,267 shares of the company’s stock, valued at $5,197,552.92. This represents a 8.75 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Corporate insiders own 1.90% of the company’s stock.

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.