Linden Thomas Advisory Services LLC Boosts Stake in Five Below, Inc. (NASDAQ:FIVE)

Linden Thomas Advisory Services LLC grew its position in shares of Five Below, Inc. (NASDAQ:FIVE) by 2.8% during the fourth quarter, Holdings Channel reports. The fund owned 10,191 shares of the specialty retailer’s stock after purchasing an additional 274 shares during the period. Linden Thomas Advisory Services LLC’s holdings in Five Below were worth $2,172,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the company. Lindbrook Capital LLC lifted its holdings in shares of Five Below by 4.7% during the 4th quarter. Lindbrook Capital LLC now owns 1,320 shares of the specialty retailer’s stock valued at $281,000 after buying an additional 59 shares during the period. Park Place Capital Corp lifted its stake in Five Below by 11.5% in the third quarter. Park Place Capital Corp now owns 641 shares of the specialty retailer’s stock worth $103,000 after purchasing an additional 66 shares during the last quarter. Kestra Advisory Services LLC lifted its stake in Five Below by 2.2% in the third quarter. Kestra Advisory Services LLC now owns 3,103 shares of the specialty retailer’s stock worth $499,000 after purchasing an additional 67 shares during the last quarter. Vanguard Personalized Indexing Management LLC raised its stake in shares of Five Below by 2.2% during the third quarter. Vanguard Personalized Indexing Management LLC now owns 3,270 shares of the specialty retailer’s stock valued at $526,000 after acquiring an additional 71 shares in the last quarter. Finally, Wealth Alliance raised its stake in shares of Five Below by 3.7% during the fourth quarter. Wealth Alliance now owns 2,090 shares of the specialty retailer’s stock valued at $446,000 after acquiring an additional 75 shares in the last quarter.

Five Below Stock Down 0.6 %

Shares of NASDAQ:FIVE traded down $0.85 during trading on Tuesday, reaching $147.76. The stock had a trading volume of 897,621 shares, compared to its average volume of 876,915. The business has a fifty day moving average price of $183.41 and a 200-day moving average price of $185.90. The stock has a market cap of $8.16 billion, a P/E ratio of 27.42, a PEG ratio of 1.20 and a beta of 1.19. Five Below, Inc. has a fifty-two week low of $144.57 and a fifty-two week high of $216.18.

Five Below (NASDAQ:FIVE) last released its earnings results on Wednesday, March 20th. The specialty retailer reported $3.65 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.78 by ($0.13). Five Below had a net margin of 8.46% and a return on equity of 20.80%. The company had revenue of $1.34 billion during the quarter, compared to analysts’ expectations of $1.35 billion. During the same quarter in the previous year, the firm posted $3.07 earnings per share. Five Below’s revenue for the quarter was up 19.1% compared to the same quarter last year. As a group, equities analysts forecast that Five Below, Inc. will post 6.06 EPS for the current year.

Analysts Set New Price Targets

A number of equities analysts recently commented on the stock. Craig Hallum reduced their price objective on shares of Five Below from $195.00 to $187.00 and set a “hold” rating for the company in a research note on Thursday, March 21st. Morgan Stanley lowered their price target on shares of Five Below from $225.00 to $210.00 and set an “overweight” rating on the stock in a report on Thursday, March 21st. JPMorgan Chase & Co. lowered shares of Five Below from an “overweight” rating to a “neutral” rating and lowered their price target for the company from $215.00 to $170.00 in a report on Tuesday. Oppenheimer downgraded shares of Five Below from an “outperform” rating to a “market perform” rating and decreased their price objective for the stock from $235.00 to $200.00 in a research report on Tuesday, January 30th. Finally, UBS Group reduced their price target on shares of Five Below from $270.00 to $245.00 and set a “buy” rating for the company in a research report on Thursday, March 21st. One research analyst has rated the stock with a sell rating, five have given a hold rating and twelve have assigned a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $210.33.

Five Below Company 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.