Duality Advisers LP Sells 6,998 Shares of Five Below, Inc. (NASDAQ:FIVE)

Duality Advisers LP lessened its holdings in Five Below, Inc. (NASDAQ:FIVE) by 45.0% during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 8,538 shares of the specialty retailer’s stock after selling 6,998 shares during the period. Duality Advisers LP’s holdings in Five Below were worth $1,549,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. V Square Quantitative Management LLC bought a new position in shares of Five Below in the 4th quarter worth approximately $26,000. Rise Advisors LLC bought a new stake in Five Below during the 1st quarter worth approximately $28,000. Planned Solutions Inc. bought a new stake in Five Below during the 4th quarter worth approximately $34,000. CVA Family Office LLC bought a new stake in Five Below during the 4th quarter worth approximately $36,000. Finally, Quest Partners LLC bought a new stake in Five Below during the 4th quarter worth approximately $37,000.

Five Below Stock Performance

NASDAQ FIVE traded down $1.09 during trading on Friday, hitting $103.14. The stock had a trading volume of 502,829 shares, compared to its average volume of 1,075,516. Five Below, Inc. has a one year low of $100.76 and a one year high of $216.18. The stock has a 50 day simple moving average of $123.93 and a 200 day simple moving average of $163.20. The stock has a market capitalization of $5.68 billion, a price-to-earnings ratio of 19.59, a P/E/G ratio of 1.17 and a beta of 1.19.

Five Below (NASDAQ:FIVE) last issued its quarterly earnings results on Wednesday, June 5th. The specialty retailer reported $0.60 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.62 by ($0.02). The business had revenue of $811.86 million for the quarter, compared to the consensus estimate of $834.29 million. Five Below had a return on equity of 19.82% and a net margin of 8.10%. Five Below’s revenue was up 11.8% on a year-over-year basis. During the same period in the prior year, the business posted $0.67 earnings per share. On average, sell-side analysts predict that Five Below, Inc. will post 5.2 EPS for the current year.

Analyst Ratings Changes

A number of equities research analysts have commented on FIVE shares. Loop Capital decreased their target price on shares of Five Below from $190.00 to $120.00 and set a “hold” rating on the stock in a research note on Friday, June 7th. Morgan Stanley cut their price objective on shares of Five Below from $210.00 to $160.00 and set an “overweight” rating for the company in a report on Thursday, June 6th. Barclays cut their price objective on shares of Five Below from $214.00 to $176.00 and set an “overweight” rating for the company in a report on Thursday, June 6th. Mizuho cut their price objective on shares of Five Below from $215.00 to $150.00 and set a “buy” rating for the company in a report on Thursday, June 6th. Finally, JPMorgan Chase & Co. lowered shares of Five Below from an “overweight” rating to a “neutral” rating and cut their price objective for the company from $215.00 to $170.00 in a report on Tuesday, April 23rd. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and thirteen have issued a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $169.50.

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.