Cwm LLC Sells 375 Shares of Five Below, Inc. (NASDAQ:FIVE)

Cwm LLC lowered its position in Five Below, Inc. (NASDAQ:FIVE) by 29.8% in the 3rd quarter, Holdings Channel reports. The fund owned 884 shares of the specialty retailer’s stock after selling 375 shares during the quarter. Cwm LLC’s holdings in Five Below were worth $78,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. BNP Paribas Financial Markets boosted its stake in Five Below by 30.4% during the 1st quarter. BNP Paribas Financial Markets now owns 13,573 shares of the specialty retailer’s stock valued at $2,462,000 after purchasing an additional 3,166 shares during the last quarter. Cetera Investment Advisers lifted its stake in shares of Five Below by 1,842.1% during the 1st quarter. Cetera Investment Advisers now owns 22,528 shares of the specialty retailer’s stock valued at $4,086,000 after buying an additional 21,368 shares in the last quarter. Quadrature Capital Ltd purchased a new stake in Five Below in the 1st quarter worth $2,656,000. Price T Rowe Associates Inc. MD lifted its stake in Five Below by 1.0% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 3,799,561 shares of the specialty retailer’s stock worth $689,165,000 after purchasing an additional 38,419 shares in the last quarter. Finally, Deepwater Asset Management LLC lifted its stake in Five Below by 21.8% in the 1st quarter. Deepwater Asset Management LLC now owns 75,705 shares of the specialty retailer’s stock worth $13,731,000 after purchasing an additional 13,568 shares in the last quarter.

Five Below Trading Down 1.9 %

FIVE stock opened at $87.37 on Friday. The company has a market capitalization of $4.81 billion, a P/E ratio of 17.20, a PEG ratio of 0.99 and a beta of 1.21. The firm has a 50 day simple moving average of $88.33 and a 200-day simple moving average of $105.76. Five Below, Inc. has a twelve month low of $64.87 and a twelve month high of $216.18.

Five Below (NASDAQ:FIVE) last announced its quarterly earnings results on Wednesday, August 28th. The specialty retailer reported $0.54 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.54. The company had revenue of $830.07 million during the quarter, compared to the consensus estimate of $821.95 million. Five Below had a net margin of 7.57% and a return on equity of 18.16%. On average, research analysts predict that Five Below, Inc. will post 4.55 EPS for the current year.

Analysts Set New Price Targets

FIVE has been the topic of several recent research reports. Wells Fargo & Company decreased their target price on shares of Five Below from $145.00 to $115.00 and set an “overweight” rating on the stock in a research report on Wednesday, July 17th. Barclays downgraded shares of Five Below from an “overweight” rating to an “equal weight” rating and dropped their target price for the stock from $176.00 to $90.00 in a research note on Wednesday, July 17th. Craig Hallum upped their price target on shares of Five Below from $102.00 to $125.00 and gave the stock a “buy” rating in a research report on Wednesday, October 2nd. William Blair cut shares of Five Below from an “outperform” rating to a “market perform” rating in a research report on Wednesday, July 17th. Finally, JPMorgan Chase & Co. cut shares of Five Below from a “neutral” rating to an “underweight” rating and increased their target price for the company from $89.00 to $95.00 in a research report on Thursday, September 19th. Two equities research analysts have rated the stock with a sell rating, thirteen have given a hold rating and seven have issued a buy rating to the stock. According to MarketBeat.com, Five Below has a consensus rating of “Hold” and an average price target of $111.60.

Five Below 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.