Mutual of America Capital Management LLC cut its holdings in Five Below Inc (NASDAQ:FIVE) by 8.1% during the fourth quarter, Holdings Channel reports. The fund owned 177,123 shares of the specialty retailer’s stock after selling 15,610 shares during the period. Mutual of America Capital Management LLC’s holdings in Five Below were worth $11,747,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in FIVE. Jennison Associates LLC boosted its stake in Five Below by 24.1% in the third quarter. Jennison Associates LLC now owns 2,124,055 shares of the specialty retailer’s stock valued at $116,568,000 after acquiring an additional 412,641 shares during the last quarter. Macquarie Group Ltd. boosted its stake in Five Below by 42.2% in the second quarter. Macquarie Group Ltd. now owns 776,034 shares of the specialty retailer’s stock valued at $38,313,000 after acquiring an additional 230,191 shares during the last quarter. Wasatch Advisors Inc. boosted its stake in Five Below by 7.5% in the fourth quarter. Wasatch Advisors Inc. now owns 2,081,672 shares of the specialty retailer’s stock valued at $138,056,000 after acquiring an additional 144,473 shares during the last quarter. Balyasny Asset Management LLC boosted its stake in Five Below by 129.7% in the second quarter. Balyasny Asset Management LLC now owns 24,395 shares of the specialty retailer’s stock valued at $1,204,000 after acquiring an additional 106,491 shares during the last quarter. Finally, Emerald Mutual Fund Advisers Trust boosted its stake in Five Below by 23.2% in the third quarter. Emerald Mutual Fund Advisers Trust now owns 467,705 shares of the specialty retailer’s stock valued at $25,668,000 after acquiring an additional 87,954 shares during the last quarter.

Five Below Inc (NASDAQ FIVE) traded up $0.29 on Wednesday, reaching $65.67. 409,841 shares of the company traded hands, compared to its average volume of 1,119,121. The company has a market cap of $3,642.21, a PE ratio of 43.94, a P/E/G ratio of 1.27 and a beta of 0.84. Five Below Inc has a 1-year low of $37.14 and a 1-year high of $73.55.

Five Below (NASDAQ:FIVE) last posted its quarterly earnings data on Thursday, November 30th. The specialty retailer reported $0.18 EPS for the quarter, beating the consensus estimate of $0.13 by $0.05. The business had revenue of $257.18 million for the quarter, compared to analysts’ expectations of $246.04 million. Five Below had a net margin of 7.31% and a return on equity of 23.85%. The firm’s revenue was up 28.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.10 EPS. research analysts expect that Five Below Inc will post 1.81 EPS for the current fiscal year.

In other Five Below news, Director Ronald Sargent sold 80,000 shares of Five Below stock in a transaction on Wednesday, December 6th. The shares were sold at an average price of $65.59, for a total value of $5,247,200.00. Following the sale, the director now directly owns 29,429 shares in the company, valued at approximately $1,930,248.11. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Kenneth R. Bull sold 15,946 shares of Five Below stock in a transaction on Thursday, December 7th. The shares were sold at an average price of $66.00, for a total transaction of $1,052,436.00. Following the completion of the sale, the chief financial officer now owns 59,544 shares in the company, valued at $3,929,904. The disclosure for this sale can be found here. Insiders sold a total of 143,400 shares of company stock worth $9,474,401 over the last ninety days. 2.92% of the stock is currently owned by insiders.

A number of equities analysts have issued reports on FIVE shares. Zacks Investment Research cut shares of Five Below from a “buy” rating to a “hold” rating in a research note on Tuesday, November 7th. Deutsche Bank raised shares of Five Below from a “hold” rating to a “buy” rating and set a $54.00 price target on the stock in a research report on Wednesday, January 3rd. MKM Partners lifted their price target on shares of Five Below from $59.00 to $64.00 and gave the stock a “buy” rating in a research report on Tuesday, November 28th. Jefferies Group lifted their price target on shares of Five Below from $62.00 to $70.00 and gave the stock a “buy” rating in a research report on Wednesday, November 29th. Finally, Barclays reissued a “hold” rating and set a $60.00 price target on shares of Five Below in a research report on Sunday, December 3rd. One analyst has rated the stock with a sell rating, seven have assigned a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company. Five Below has an average rating of “Buy” and an average target price of $64.33.

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Five Below Company 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.

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

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