Capricorn Fund Managers Ltd Takes Position in Five Below, Inc. (NASDAQ:FIVE)

Capricorn Fund Managers Ltd bought a new position in shares of Five Below, Inc. (NASDAQ:FIVE) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 32,758 shares of the specialty retailer’s stock, valued at approximately $3,407,000. Capricorn Fund Managers Ltd owned 0.06% of Five Below as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of FIVE. Peloton Wealth Strategists raised its position in Five Below by 3.0% during the second quarter. Peloton Wealth Strategists now owns 6,820 shares of the specialty retailer’s stock worth $743,000 after acquiring an additional 200 shares during the period. Partnership Wealth Management LLC raised its position in shares of Five Below by 63.5% during the 3rd quarter. Partnership Wealth Management LLC now owns 515 shares of the specialty retailer’s stock worth $46,000 after purchasing an additional 200 shares during the last quarter. UMB Bank n.a. lifted its stake in Five Below by 156.9% in the 4th quarter. UMB Bank n.a. now owns 334 shares of the specialty retailer’s stock valued at $35,000 after buying an additional 204 shares in the last quarter. Paladin Wealth LLC acquired a new stake in Five Below in the 3rd quarter worth about $26,000. Finally, KBC Group NV boosted its stake in shares of Five Below by 23.7% in the third quarter. KBC Group NV now owns 1,630 shares of the specialty retailer’s stock worth $144,000 after acquiring an additional 312 shares during the last quarter.

Analyst Ratings Changes

Several analysts have issued reports on the company. William Blair restated a “market perform” rating on shares of Five Below in a report on Monday, December 2nd. Craig Hallum raised their price objective on shares of Five Below from $125.00 to $150.00 and gave the stock a “buy” rating in a research report on Thursday, December 5th. Citigroup boosted their target price on shares of Five Below from $85.00 to $96.00 and gave the company a “neutral” rating in a report on Monday, December 2nd. The Goldman Sachs Group raised their price target on shares of Five Below from $106.00 to $122.00 and gave the stock a “buy” rating in a report on Friday, December 6th. Finally, JPMorgan Chase & Co. decreased their price objective on Five Below from $107.00 to $102.00 and set an “underweight” rating on the stock in a report on Thursday, January 16th. Three analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and six have issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $115.75.

Five Below Stock Performance

Shares of FIVE opened at $90.64 on Tuesday. The firm has a 50-day simple moving average of $99.10 and a 200-day simple moving average of $90.40. The company has a market capitalization of $4.99 billion, a price-to-earnings ratio of 18.69, a price-to-earnings-growth ratio of 1.24 and a beta of 1.14. Five Below, Inc. has a fifty-two week low of $64.87 and a fifty-two week high of $212.01.

Five Below (NASDAQ:FIVE) last announced its quarterly earnings data on Wednesday, December 4th. The specialty retailer reported $0.42 EPS for the quarter, topping analysts’ consensus estimates of $0.16 by $0.26. The company had revenue of $843.71 million during the quarter, compared to the consensus estimate of $801.48 million. Five Below had a net margin of 7.02% and a return on equity of 18.03%. Five Below’s quarterly revenue was up 14.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.26 EPS. Equities research analysts forecast that Five Below, Inc. will post 4.93 EPS for the current year.

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.