Five Below, Inc. (NASDAQ:FIVE) Shares Bought by American Capital Advisory LLC

American Capital Advisory LLC raised its stake in shares of Five Below, Inc. (NASDAQ:FIVE) by 4,792.4% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,773 shares of the specialty retailer’s stock after purchasing an additional 5,655 shares during the quarter. American Capital Advisory LLC’s holdings in Five Below were worth $510,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in FIVE. LRI Investments LLC purchased a new position in Five Below in the 1st quarter worth $38,000. Paladin Wealth LLC acquired a new position in shares of Five Below in the third quarter valued at about $26,000. Partnership Wealth Management LLC raised its stake in shares of Five Below by 2,000.0% in the second quarter. Partnership Wealth Management LLC now owns 315 shares of the specialty retailer’s stock worth $34,000 after purchasing an additional 300 shares during the last quarter. Natixis acquired a new stake in shares of Five Below during the first quarter worth about $73,000. Finally, Hobbs Group Advisors LLC acquired a new stake in shares of Five Below during the second quarter worth about $44,000.

Five Below Stock Down 8.7 %

Shares of FIVE traded down $8.17 during midday trading on Wednesday, reaching $85.52. The company had a trading volume of 757,065 shares, compared to its average volume of 1,422,734. The firm has a 50 day simple moving average of $90.11 and a 200-day simple moving average of $102.40. The stock has a market cap of $4.70 billion, a PE ratio of 18.44, a price-to-earnings-growth ratio of 1.06 and a beta of 1.20. Five Below, Inc. has a 1-year low of $64.87 and a 1-year high of $216.18.

Five Below (NASDAQ:FIVE) last released its quarterly earnings data on Wednesday, August 28th. The specialty retailer reported $0.54 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.54. Five Below had a net margin of 7.57% and a return on equity of 18.16%. The firm had revenue of $830.07 million during the quarter, compared to analysts’ expectations of $821.95 million. As a group, sell-side analysts anticipate that Five Below, Inc. will post 4.55 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of analysts have recently commented on FIVE shares. Gordon Haskett downgraded Five Below from an “accumulate” rating to a “hold” rating in a research note on Wednesday, July 24th. Bank of America downgraded shares of Five Below from a “neutral” rating to an “underperform” rating and lowered their price target for the stock from $98.00 to $75.00 in a report on Wednesday. Citigroup cut their price objective on shares of Five Below from $92.00 to $85.00 and set a “neutral” rating for the company in a report on Wednesday, August 21st. JPMorgan Chase & Co. cut Five Below from a “neutral” rating to an “underweight” rating and raised their target price for the company from $89.00 to $95.00 in a research report on Thursday, September 19th. Finally, KeyCorp lowered their price target on Five Below from $115.00 to $106.00 and set an “overweight” rating on the stock in a research report on Thursday, August 29th. Three equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat.com, Five Below currently has an average rating of “Hold” and an average target price of $110.45.

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.