Mutual of America Capital Management LLC Sells 2,122 Shares of Five Below, Inc. (NASDAQ:FIVE)

Mutual of America Capital Management LLC decreased its stake in Five Below, Inc. (NASDAQ:FIVE) by 4.2% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 48,316 shares of the specialty retailer’s stock after selling 2,122 shares during the period. Mutual of America Capital Management LLC’s holdings in Five Below were worth $4,269,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. LRI Investments LLC acquired a new stake in shares of Five Below in the 1st quarter valued at $38,000. Paladin Wealth LLC bought a new position in Five Below during the 3rd quarter valued at about $26,000. Partnership Wealth Management LLC boosted its position in Five Below by 2,000.0% in the second quarter. Partnership Wealth Management LLC now owns 315 shares of the specialty retailer’s stock valued at $34,000 after buying an additional 300 shares in the last quarter. Natixis bought a new stake in Five Below during the first quarter worth about $73,000. Finally, Hobbs Group Advisors LLC bought a new stake in Five Below during the second quarter worth about $44,000.

Five Below Stock Up 0.5 %

FIVE stock opened at $83.49 on Friday. The company has a market cap of $4.59 billion, a price-to-earnings ratio of 16.44, a P/E/G ratio of 0.93 and a beta of 1.20. Five Below, Inc. has a twelve month low of $64.87 and a twelve month high of $216.18. The business has a 50 day moving average price of $91.34 and a two-hundred day moving average price of $97.90.

Five Below (NASDAQ:FIVE) last released its earnings results on Wednesday, August 28th. The specialty retailer reported $0.54 earnings per share for the quarter, meeting the consensus estimate of $0.54. Five Below had a net margin of 7.57% and a return on equity of 18.16%. The business had revenue of $830.07 million during the quarter, compared to analysts’ expectations of $821.95 million. On average, equities research analysts anticipate that Five Below, Inc. will post 4.57 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on FIVE. Craig Hallum increased their price target on shares of Five Below from $102.00 to $125.00 and gave the company a “buy” rating in a research report on Wednesday, October 2nd. JPMorgan Chase & Co. downgraded Five Below from a “neutral” rating to an “underweight” rating and raised their price objective for the stock from $89.00 to $95.00 in a research note on Thursday, September 19th. UBS Group lowered their price target on Five Below from $120.00 to $108.00 and set a “buy” rating for the company in a report on Wednesday, August 21st. Mizuho reiterated a “neutral” rating and set a $85.00 price objective on shares of Five Below in a report on Thursday, October 3rd. Finally, The Goldman Sachs Group lowered their target price on Five Below from $124.00 to $106.00 and set a “buy” rating for the company in a research note on Thursday, August 29th. Three equities research analysts have rated the stock with a sell rating, twelve have given a hold rating and seven have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $106.40.

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.