Captrust Financial Advisors Sells 6,145 Shares of Five Below, Inc. (NASDAQ:FIVE)

Captrust Financial Advisors reduced its stake in Five Below, Inc. (NASDAQ:FIVE) by 42.4% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 8,351 shares of the specialty retailer’s stock after selling 6,145 shares during the period. Captrust Financial Advisors’ holdings in Five Below were worth $738,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the stock. Wealth Enhancement Advisory Services LLC lifted its position in shares of Five Below by 134.6% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 5,798 shares of the specialty retailer’s stock worth $632,000 after buying an additional 3,327 shares in the last quarter. Riverbridge Partners LLC raised its holdings in shares of Five Below by 5.5% during the 2nd quarter. Riverbridge Partners LLC now owns 1,377,908 shares of the specialty retailer’s stock worth $150,151,000 after acquiring an additional 72,020 shares in the last quarter. Gradient Investments LLC boosted its position in shares of Five Below by 45.6% during the 2nd quarter. Gradient Investments LLC now owns 30,175 shares of the specialty retailer’s stock valued at $3,288,000 after acquiring an additional 9,454 shares during the last quarter. Raymond James & Associates grew its holdings in shares of Five Below by 12.6% in the second quarter. Raymond James & Associates now owns 91,009 shares of the specialty retailer’s stock valued at $9,917,000 after purchasing an additional 10,162 shares in the last quarter. Finally, Hobbs Group Advisors LLC bought a new stake in Five Below in the second quarter worth $44,000.

Five Below Trading Down 2.2 %

FIVE opened at $109.42 on Wednesday. The company has a market capitalization of $6.02 billion, a price-to-earnings ratio of 22.56, a PEG ratio of 1.15 and a beta of 1.19. Five Below, Inc. has a 12-month low of $64.87 and a 12-month high of $216.18. The business’s fifty day simple moving average is $92.66 and its 200-day simple moving average is $93.81.

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

Analysts Set New Price Targets

A number of equities analysts have commented on FIVE shares. Evercore ISI lifted their price objective on shares of Five Below from $100.00 to $104.00 and gave the stock an “in-line” rating in a research note on Tuesday, October 22nd. Citigroup lifted their price target on Five Below from $85.00 to $96.00 and gave the stock a “neutral” rating in a research report on Monday, December 2nd. Truist Financial upped their price objective on Five Below from $88.00 to $118.00 and gave the company a “hold” rating in a research report on Thursday, December 5th. Loop Capital lifted their target price on Five Below from $90.00 to $120.00 and gave the stock a “hold” rating in a report on Thursday, December 5th. Finally, William Blair restated a “market perform” rating on shares of Five Below in a report on Monday, December 2nd. Two investment analysts have rated the stock with a sell rating, fourteen have issued a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $116.15.

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.