GSA Capital Partners LLP lifted its holdings in shares of Five Below, Inc. (NASDAQ:FIVE) by 516.8% during the second quarter, according to its most recent disclosure with the SEC. The fund owned 31,026 shares of the specialty retailer’s stock after acquiring an additional 25,996 shares during the period. GSA Capital Partners LLP owned approximately 0.06% of Five Below worth $1,532,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of FIVE. First Mercantile Trust Co. grew its stake in shares of Five Below by 1.7% during the second quarter. First Mercantile Trust Co. now owns 2,350 shares of the specialty retailer’s stock worth $116,000 after acquiring an additional 40 shares during the last quarter. Strs Ohio grew its stake in shares of Five Below by 30.4% during the first quarter. Strs Ohio now owns 3,000 shares of the specialty retailer’s stock worth $129,000 after acquiring an additional 700 shares during the last quarter. Invictus RG purchased a new stake in shares of Five Below during the first quarter worth about $183,000. Ameritas Investment Partners Inc. purchased a new stake in shares of Five Below during the first quarter worth about $200,000. Finally, LS Investment Advisors LLC grew its stake in shares of Five Below by 119.6% during the first quarter. LS Investment Advisors LLC now owns 4,693 shares of the specialty retailer’s stock worth $203,000 after acquiring an additional 2,556 shares during the last quarter.

Shares of Five Below, Inc. (NASDAQ:FIVE) opened at 50.37 on Friday. The firm has a 50-day moving average price of $49.16 and a 200 day moving average price of $47.62. The stock has a market cap of $2.78 billion, a price-to-earnings ratio of 34.79 and a beta of 0.93. Five Below, Inc. has a 52-week low of $35.03 and a 52-week high of $54.13.

Five Below (NASDAQ:FIVE) last announced its earnings results on Wednesday, August 30th. The specialty retailer reported $0.30 earnings per share for the quarter, beating the consensus estimate of $0.26 by $0.04. Five Below had a return on equity of 24.37% and a net margin of 7.29%. The company had revenue of $283.30 million for the quarter, compared to the consensus estimate of $276.37 million. During the same period last year, the business posted $0.18 EPS. The company’s revenue was up 28.7% on a year-over-year basis. Analysts expect that Five Below, Inc. will post $1.67 earnings per share for the current year.

FIVE has been the topic of a number of research analyst reports. Deutsche Bank AG restated a “hold” rating and set a $53.00 price target (up previously from $48.00) on shares of Five Below in a research note on Tuesday, May 30th. KeyCorp restated an “overweight” rating and set a $58.00 price target on shares of Five Below in a research note on Thursday, June 1st. MKM Partners restated a “buy” rating and set a $57.00 price target (up previously from $51.00) on shares of Five Below in a research note on Thursday, June 1st. Royal Bank Of Canada boosted their price target on Five Below from $50.00 to $57.00 and gave the stock an “outperform” rating in a research note on Friday, June 2nd. Finally, UBS AG boosted their price target on Five Below from $50.00 to $59.00 and gave the stock a “buy” rating in a research note on Friday, June 2nd. One analyst has rated the stock with a sell rating, six have given a hold rating and fourteen have given a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus target price of $54.15.

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Five Below Profile

Five Below, Inc is a specialty retailer offering a range of merchandise for teen and pre-teen customer. The Company offers an assortment of products, including select brands and licensed merchandise across a range of categories, including Style, Room, Sports, Tech, Crafts, Party, Candy and Now. Its product groups include leisure, fashion and home, and party and snack.

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

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