GAMMA Investing LLC Invests $140,000 in Five Below, Inc. (NASDAQ:FIVE)

GAMMA Investing LLC acquired a new position in Five Below, Inc. (NASDAQ:FIVE) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 656 shares of the specialty retailer’s stock, valued at approximately $140,000.

Several other hedge funds also recently made changes to their positions in the business. Linden Thomas Advisory Services LLC grew its stake in shares of Five Below by 2.8% in the 4th quarter. Linden Thomas Advisory Services LLC now owns 10,191 shares of the specialty retailer’s stock worth $2,172,000 after purchasing an additional 274 shares during the last quarter. Duality Advisers LP grew its stake in shares of Five Below by 756.4% in the 4th quarter. Duality Advisers LP now owns 15,536 shares of the specialty retailer’s stock worth $3,312,000 after purchasing an additional 13,722 shares during the last quarter. Matthew 25 Management Corp grew its stake in shares of Five Below by 0.8% in the 4th quarter. Matthew 25 Management Corp now owns 65,500 shares of the specialty retailer’s stock worth $13,962,000 after purchasing an additional 500 shares during the last quarter. Handelsbanken Fonder AB grew its stake in shares of Five Below by 5.1% in the 4th quarter. Handelsbanken Fonder AB now owns 10,209 shares of the specialty retailer’s stock worth $2,176,000 after purchasing an additional 500 shares during the last quarter. Finally, Annapolis Financial Services LLC grew its stake in shares of Five Below by 39.4% in the 4th quarter. Annapolis Financial Services LLC now owns 707 shares of the specialty retailer’s stock worth $151,000 after purchasing an additional 200 shares during the last quarter.

Five Below Price Performance

Shares of Five Below stock opened at $150.08 on Friday. The firm has a market capitalization of $8.29 billion, a PE ratio of 27.69, a price-to-earnings-growth ratio of 1.21 and a beta of 1.19. The company’s fifty day moving average price is $180.37 and its two-hundred day moving average price is $185.33. Five Below, Inc. has a 52-week low of $144.57 and a 52-week high of $216.18.

Five Below (NASDAQ:FIVE) last issued its earnings results on Wednesday, March 20th. The specialty retailer reported $3.65 EPS for the quarter, missing the consensus estimate of $3.78 by ($0.13). Five Below had a net margin of 8.46% and a return on equity of 20.80%. The firm had revenue of $1.34 billion during the quarter, compared to analyst estimates of $1.35 billion. During the same quarter in the prior year, the firm posted $3.07 EPS. The firm’s revenue for the quarter was up 19.1% on a year-over-year basis. Analysts predict that Five Below, Inc. will post 6.05 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research analysts have recently weighed in on FIVE shares. Morgan Stanley dropped their target price on shares of Five Below from $225.00 to $210.00 and set an “overweight” rating on the stock in a research report on Thursday, March 21st. Evercore ISI decreased their price target on shares of Five Below from $230.00 to $225.00 and set an “outperform” rating for the company in a report on Tuesday, April 16th. Craig Hallum reduced their target price on shares of Five Below from $195.00 to $187.00 and set a “hold” rating for the company in a research note on Thursday, March 21st. UBS Group reduced their target price on shares of Five Below from $270.00 to $245.00 and set a “buy” rating for the company in a research note on Thursday, March 21st. Finally, JPMorgan Chase & Co. cut shares of Five Below from an “overweight” rating to a “neutral” rating and reduced their target price for the company from $215.00 to $170.00 in a research note on Tuesday, April 23rd. One research analyst has rated the stock with a sell rating, four have issued a hold rating and thirteen have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $210.33.

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.