Fox Run Management L.L.C. Boosts Stake in Five Below, Inc. (NASDAQ:FIVE)

Fox Run Management L.L.C. grew its position in shares of Five Below, Inc. (NASDAQ:FIVE) by 180.6% during the fourth quarter, Holdings Channel reports. The fund owned 8,142 shares of the specialty retailer’s stock after purchasing an additional 5,240 shares during the period. Fox Run Management L.L.C.’s holdings in Five Below were worth $855,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the company. Gradient Investments LLC grew its holdings in shares of Five Below by 0.7% during the 4th quarter. Gradient Investments LLC now owns 15,875 shares of the specialty retailer’s stock worth $1,666,000 after acquiring an additional 111 shares during the period. Cornerstone Investment Partners LLC boosted its position in shares of Five Below by 3.5% in the 4th quarter. Cornerstone Investment Partners LLC now owns 4,732 shares of the specialty retailer’s stock worth $497,000 after purchasing an additional 162 shares in the last quarter. UMB Bank n.a. boosted its position in shares of Five Below by 156.9% in the 4th quarter. UMB Bank n.a. now owns 334 shares of the specialty retailer’s stock worth $35,000 after purchasing an additional 204 shares in the last quarter. Brooklyn Investment Group bought a new stake in shares of Five Below in the 3rd quarter worth approximately $30,000. Finally, Amalgamated Bank boosted its position in shares of Five Below by 1.5% in the 4th quarter. Amalgamated Bank now owns 26,808 shares of the specialty retailer’s stock worth $2,814,000 after purchasing an additional 388 shares in the last quarter.

Five Below Trading Up 0.2 %

Shares of FIVE opened at $76.24 on Monday. The firm has a market cap of $4.19 billion, a PE ratio of 15.72, a P/E/G ratio of 1.19 and a beta of 1.11. The firm has a fifty day simple moving average of $87.76 and a two-hundred day simple moving average of $92.76. Five Below, Inc. has a 1-year low of $64.87 and a 1-year high of $185.48.

Five Below (NASDAQ:FIVE) last posted its quarterly earnings data on Wednesday, March 19th. The specialty retailer reported $3.48 EPS for the quarter, topping the consensus estimate of $3.38 by $0.10. The firm had revenue of $1.39 billion during the quarter, compared to analyst estimates of $1.38 billion. Five Below had a return on equity of 18.03% and a net margin of 7.02%. Five Below’s revenue was up 4.0% on a year-over-year basis. During the same period in the prior year, the business posted $3.65 EPS. As a group, research analysts forecast that Five Below, Inc. will post 4.93 EPS for the current fiscal year.

Analyst Ratings Changes

A number of analysts have recently commented on FIVE shares. Bank of America dropped their price target on Five Below from $88.00 to $75.00 and set an “underperform” rating on the stock in a research report on Thursday. Wells Fargo & Company boosted their price target on Five Below from $115.00 to $135.00 and gave the stock an “overweight” rating in a research report on Thursday, December 5th. William Blair reissued a “market perform” rating on shares of Five Below in a research report on Monday, December 2nd. StockNews.com cut Five Below from a “hold” rating to a “sell” rating in a research report on Friday, December 13th. Finally, Guggenheim lowered their price objective on Five Below from $140.00 to $125.00 and set a “buy” rating on the stock in a research report on Friday. Three investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and six have given a buy rating to the company. According to MarketBeat, Five Below currently has a consensus rating of “Hold” and a consensus target price of $102.16.

Insider Transactions at Five Below

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

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.