Campbell & CO Investment Adviser LLC lowered its position in Five Below Inc (NASDAQ:FIVE) by 70.6% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,587 shares of the specialty retailer’s stock after selling 6,200 shares during the period. Campbell & CO Investment Adviser LLC’s holdings in Five Below were worth $336,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Hartford Investment Management Co. boosted its stake in shares of Five Below by 25.0% during the 3rd quarter. Hartford Investment Management Co. now owns 3,318 shares of the specialty retailer’s stock worth $432,000 after buying an additional 663 shares during the last quarter. Swiss National Bank boosted its stake in shares of Five Below by 1.0% during the 3rd quarter. Swiss National Bank now owns 97,059 shares of the specialty retailer’s stock worth $12,623,000 after buying an additional 1,000 shares during the last quarter. First Mercantile Trust Co. boosted its stake in shares of Five Below by 33.0% during the 3rd quarter. First Mercantile Trust Co. now owns 4,602 shares of the specialty retailer’s stock worth $598,000 after buying an additional 1,143 shares during the last quarter. Prudential Financial Inc. boosted its stake in shares of Five Below by 75.5% during the 3rd quarter. Prudential Financial Inc. now owns 160,132 shares of the specialty retailer’s stock worth $20,827,000 after buying an additional 68,887 shares during the last quarter. Finally, Cidel Asset Management Inc. acquired a new position in shares of Five Below during the 3rd quarter worth about $211,000. Institutional investors and hedge funds own 98.82% of the company’s stock.

Shares of NASDAQ:FIVE opened at $114.12 on Tuesday. Five Below Inc has a 52-week low of $57.72 and a 52-week high of $136.13. The stock has a market capitalization of $6.68 billion, a P/E ratio of 56.31, a PEG ratio of 1.57 and a beta of 0.57.

Five Below (NASDAQ:FIVE) last issued its earnings results on Thursday, September 6th. The specialty retailer reported $0.42 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.38 by $0.04. Five Below had a net margin of 8.83% and a return on equity of 25.97%. The business had revenue of $347.73 million during the quarter, compared to the consensus estimate of $334.82 million. During the same period last year, the business posted $0.30 EPS. Five Below’s revenue was up 22.7% on a year-over-year basis. Equities analysts predict that Five Below Inc will post 2.54 earnings per share for the current fiscal year.

A number of equities analysts have recently commented on FIVE shares. Zacks Investment Research downgraded shares of Five Below from a “buy” rating to a “sell” rating in a research note on Tuesday, August 7th. Morgan Stanley increased their price objective on shares of Five Below from $94.00 to $103.00 and gave the stock a “hold” rating in a research note on Friday, September 7th. JPMorgan Chase & Co. increased their price objective on shares of Five Below to $150.00 and gave the stock an “overweight” rating in a research note on Friday, September 7th. Telsey Advisory Group started coverage on shares of Five Below in a research note on Wednesday, October 24th. They set a “market perform” rating and a $120.00 price objective for the company. Finally, MKM Partners increased their price objective on shares of Five Below to $132.00 and gave the stock a “buy” rating in a research note on Wednesday, September 5th. Seven analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and an average price target of $115.44.

In related news, Director Daniel Kaufman sold 3,995 shares of the firm’s stock in a transaction dated Tuesday, September 11th. The shares were sold at an average price of $133.18, for a total value of $532,054.10. Following the completion of the sale, the director now directly owns 5,047 shares in the company, valued at approximately $672,159.46. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Michael Romanko sold 3,308 shares of the firm’s stock in a transaction that occurred 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 sale, the executive vice president now owns 18,092 shares of the company’s stock, valued at $2,279,592. The disclosure for this sale can be found here. Insiders sold a total of 19,303 shares of company stock valued at $2,346,022 over the last quarter. 2.60% of the stock is currently owned by company insiders.

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About Five Below

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 d├ęcor, and related items, as well as provides storage options for the customers room.

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

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