Five Below, Inc. (NASDAQ:FIVE) Shares Acquired by Nomura Asset Management Co. Ltd.

Nomura Asset Management Co. Ltd. lifted its position in Five Below, Inc. (NASDAQ:FIVEFree Report) by 5.2% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,291 shares of the specialty retailer’s stock after acquiring an additional 162 shares during the period. Nomura Asset Management Co. Ltd.’s holdings in Five Below were worth $530,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in FIVE. Sunbelt Securities Inc. grew its holdings in shares of Five Below by 76.3% during the second quarter. Sunbelt Securities Inc. now owns 134 shares of the specialty retailer’s stock worth $26,000 after buying an additional 58 shares in the last quarter. Silvercrest Asset Management Group LLC grew its stake in Five Below by 0.6% during the 1st quarter. Silvercrest Asset Management Group LLC now owns 9,777 shares of the specialty retailer’s stock valued at $2,014,000 after acquiring an additional 58 shares in the last quarter. King Luther Capital Management Corp raised its holdings in Five Below by 2.6% in the 2nd quarter. King Luther Capital Management Corp now owns 2,456 shares of the specialty retailer’s stock valued at $483,000 after acquiring an additional 63 shares during the last quarter. Linden Thomas Advisory Services LLC lifted its stake in Five Below by 0.6% in the 2nd quarter. Linden Thomas Advisory Services LLC now owns 10,757 shares of the specialty retailer’s stock worth $2,114,000 after purchasing an additional 66 shares in the last quarter. Finally, Park Place Capital Corp boosted its holdings in shares of Five Below by 11.5% during the 3rd quarter. Park Place Capital Corp now owns 641 shares of the specialty retailer’s stock worth $103,000 after purchasing an additional 66 shares during the last quarter.

Insider Activity at Five Below

In other Five Below news, Director Thomas Vellios sold 10,000 shares of the business’s stock in a transaction that occurred on Friday, January 19th. The shares were sold at an average price of $185.82, for a total transaction of $1,858,200.00. Following the completion of the transaction, the director now owns 333,697 shares in the company, valued at approximately $62,007,576.54. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 1.80% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on FIVE. Morgan Stanley lifted their price objective on Five Below from $210.00 to $225.00 and gave the stock an “overweight” rating in a research report on Thursday, November 30th. StockNews.com assumed coverage on shares of Five Below in a research report on Thursday, October 5th. They set a “sell” rating on the stock. Evercore ISI upgraded shares of Five Below from an “in-line” rating to an “outperform” rating and raised their price objective for the stock from $215.00 to $245.00 in a research report on Thursday, January 4th. Citigroup lifted their target price on shares of Five Below from $220.00 to $227.00 and gave the stock a “buy” rating in a research note on Thursday, November 30th. Finally, Oppenheimer cut shares of Five Below from an “outperform” rating to a “market perform” rating and dropped their price target for the company from $235.00 to $200.00 in a research note on Tuesday. One analyst has rated the stock with a sell rating, four have given a hold rating and fourteen have given a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $223.05.

View Our Latest Stock Analysis on Five Below

Five Below Stock Down 1.8 %

Five Below stock opened at $179.46 on Thursday. The company’s 50 day moving average is $195.98 and its two-hundred day moving average is $183.99. The firm has a market cap of $9.90 billion, a PE ratio of 37.08, a price-to-earnings-growth ratio of 1.73 and a beta of 1.24. Five Below, Inc. has a 52-week low of $144.57 and a 52-week high of $220.19.

Five Below (NASDAQ:FIVEGet Free Report) last released its earnings results on Wednesday, November 29th. The specialty retailer reported $0.26 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.23 by $0.03. Five Below had a return on equity of 19.42% and a net margin of 8.08%. The firm had revenue of $736.41 million during the quarter, compared to analyst estimates of $728.04 million. During the same period last year, the business posted $0.29 earnings per share. Five Below’s revenue was up 14.2% compared to the same quarter last year. On average, equities research analysts anticipate that Five Below, Inc. will post 5.53 earnings per share for the current fiscal year.

About Five Below

(Free Report)

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 glitter lamps, posters, frames, fleece blankets, plush items, pillows, candles, incense, lighting, novelty d├ęcor, accent furniture, and related items, as well as provides storage options.

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Institutional Ownership by Quarter for Five Below (NASDAQ:FIVE)

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