6,400 Shares in Five Below Inc (FIVE) Acquired by Dupont Capital Management Corp
Dupont Capital Management Corp acquired a new position in shares of Five Below Inc (NASDAQ:FIVE) during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund acquired 6,400 shares of the specialty retailer’s stock, valued at approximately $832,000.
A number of other hedge funds have also bought and sold shares of the business. United Services Automobile Association increased its holdings in shares of Five Below by 5.2% in the 2nd quarter. United Services Automobile Association now owns 8,834 shares of the specialty retailer’s stock valued at $863,000 after acquiring an additional 437 shares during the last quarter. Captrust Financial Advisors increased its holdings in shares of Five Below by 20.7% in the 2nd quarter. Captrust Financial Advisors now owns 2,910 shares of the specialty retailer’s stock valued at $284,000 after acquiring an additional 499 shares during the last quarter. Aperio Group LLC increased its holdings in shares of Five Below by 3.2% in the 3rd quarter. Aperio Group LLC now owns 16,277 shares of the specialty retailer’s stock valued at $2,117,000 after acquiring an additional 501 shares during the last quarter. Campbell Newman Asset Management Inc. increased its holdings in shares of Five Below by 5.5% in the 3rd quarter. Campbell Newman Asset Management Inc. now owns 9,973 shares of the specialty retailer’s stock valued at $1,297,000 after acquiring an additional 522 shares during the last quarter. Finally, Flinton Capital Management LLC increased its holdings in shares of Five Below by 7.1% in the 2nd quarter. Flinton Capital Management LLC now owns 8,228 shares of the specialty retailer’s stock valued at $804,000 after acquiring an additional 544 shares during the last quarter.
A number of equities research analysts have recently weighed in on FIVE shares. Zacks Investment Research upgraded Five Below from a “hold” rating to a “buy” rating and set a $124.00 price target for the company in a report on Tuesday, August 21st. JPMorgan Chase & Co. boosted their price target on Five Below from $150.00 to $153.00 and gave the company an “overweight” rating in a report on Monday, September 24th. Morgan Stanley boosted their price target on Five Below from $94.00 to $103.00 and gave the company a “hold” rating in a report on Friday, September 7th. Telsey Advisory Group started coverage on Five Below in a report on Wednesday, October 24th. They issued a “market perform” rating and a $120.00 price target for the company. Finally, BidaskClub upgraded Five Below from a “buy” rating to a “strong-buy” rating in a report on Friday, August 10th. Seven analysts have rated the stock with a hold rating, eleven have assigned a buy rating and two have assigned a strong buy rating to the stock. The stock presently has an average rating of “Buy” and an average price target of $115.44.
Five Below (NASDAQ:FIVE) last issued its quarterly earnings data on Thursday, September 6th. The specialty retailer reported $0.42 EPS for the quarter, topping the Zacks’ consensus estimate of $0.38 by $0.04. The firm had revenue of $347.73 million during the quarter, compared to the consensus estimate of $334.82 million. Five Below had a return on equity of 25.97% and a net margin of 8.83%. The firm’s revenue was up 22.7% on a year-over-year basis. During the same period in the prior year, the business earned $0.30 EPS. On average, analysts anticipate that Five Below Inc will post 2.54 earnings per share for the current year.
In related news, EVP Michael Romanko sold 3,308 shares of the company’s stock in a transaction on Monday, September 24th. The stock was sold at an average price of $126.00, for a total transaction of $416,808.00. Following the completion of the transaction, the executive vice president now directly owns 18,092 shares in the company, valued at approximately $2,279,592. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, Director Daniel Kaufman sold 3,995 shares of the company’s stock in a transaction on Tuesday, September 11th. The stock was sold at an average price of $133.18, for a total value of $532,054.10. Following the transaction, the director now owns 5,047 shares of the company’s stock, valued at $672,159.46. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 19,303 shares of company stock valued at $2,346,022. 2.60% of the stock is owned by company insiders.
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Five Below Profile
Five Below, Inc operates as a specialty value retailer in the United States. It offers accessories, including novelty socks, sunglasses, jewelry, scarves, gloves, hair accessories, athletic tops and bottoms, and T-shirts, as well as beauty products comprising nail polish, lip gloss, fragrance, and branded cosmetics; and items used to complete and personalize living space, including glitter lamps, posters, frames, fleece blankets, plush items, pillows, candles, incense, lighting, novelty décor, and related items, as well as provides storage options for the customers room.
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