Yousif Capital Management LLC Sells 928 Shares of Five Below, Inc. (NASDAQ:FIVE)

Yousif Capital Management LLC cut its stake in shares of Five Below, Inc. (NASDAQ:FIVE) by 4.6% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 19,371 shares of the specialty retailer’s stock after selling 928 shares during the quarter. Yousif Capital Management LLC’s holdings in Five Below were worth $2,033,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Jennison Associates LLC bought a new stake in Five Below during the 4th quarter worth approximately $17,755,000. Laurus Investment Counsel Inc. boosted its stake in Five Below by 34.2% in the fourth quarter. Laurus Investment Counsel Inc. now owns 23,900 shares of the specialty retailer’s stock worth $2,509,000 after purchasing an additional 6,090 shares in the last quarter. Country Trust Bank grew its holdings in shares of Five Below by 7.0% during the fourth quarter. Country Trust Bank now owns 263,505 shares of the specialty retailer’s stock worth $27,657,000 after purchasing an additional 17,185 shares during the last quarter. R Squared Ltd acquired a new stake in shares of Five Below in the fourth quarter valued at $68,000. Finally, KBC Group NV raised its holdings in shares of Five Below by 30.4% in the fourth quarter. KBC Group NV now owns 2,126 shares of the specialty retailer’s stock valued at $223,000 after buying an additional 496 shares during the last quarter.

Analyst Upgrades and Downgrades

A number of brokerages have commented on FIVE. Gordon Haskett raised shares of Five Below from a “hold” rating to a “buy” rating and set a $120.00 price objective on the stock in a report on Thursday, November 7th. Barclays raised their price target on shares of Five Below from $90.00 to $100.00 and gave the company an “equal weight” rating in a report on Thursday, December 5th. StockNews.com downgraded Five Below from a “hold” rating to a “sell” rating in a report on Friday, December 13th. Telsey Advisory Group reissued a “market perform” rating and issued a $115.00 target price on shares of Five Below in a research note on Tuesday, January 14th. Finally, Morgan Stanley upped their price target on Five Below from $100.00 to $120.00 and gave the company an “equal weight” rating in a research note on Thursday, December 5th. Three investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and six have issued a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $111.32.

Insider Buying and Selling

In other Five Below news, CAO Eric M. Specter sold 5,494 shares of the company’s stock in a transaction that occurred on Thursday, January 16th. The stock was sold at an average price of $90.76, for a total transaction of $498,635.44. Following the completion of the transaction, the chief accounting officer now 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 transaction was disclosed in a legal filing with the SEC, which is available through this link. 1.90% of the stock is currently owned by company insiders.

Five Below Trading Down 0.1 %

NASDAQ:FIVE opened at $90.01 on Tuesday. The stock has a market cap of $4.95 billion, a price-to-earnings ratio of 18.56, a PEG ratio of 1.26 and a beta of 1.12. The stock has a 50-day moving average price of $100.78 and a two-hundred day moving average price of $90.81. Five Below, Inc. has a 1 year low of $64.87 and a 1 year high of $212.01.

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