Five Below, Inc. (NASDAQ:FIVE) Shares Sold by Russell Investments Group Ltd.


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Russell Investments Group Ltd. cut its holdings in Five Below, Inc. (NASDAQ:FIVE) by 18.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 119,830 shares of the specialty retailer’s stock after selling 26,935 shares during the quarter. Russell Investments Group Ltd. owned about 0.21% of Five Below worth $20,839,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Aperio Group LLC increased its stake in Five Below by 4.4% in the fourth quarter. Aperio Group LLC now owns 21,542 shares of the specialty retailer’s stock valued at $3,769,000 after purchasing an additional 907 shares during the period. NEXT Financial Group Inc increased its stake in Five Below by 43.3% in the fourth quarter. NEXT Financial Group Inc now owns 2,603 shares of the specialty retailer’s stock valued at $455,000 after purchasing an additional 786 shares during the period. Vestmark Advisory Solutions Inc. increased its stake in Five Below by 11.1% in the fourth quarter. Vestmark Advisory Solutions Inc. now owns 4,206 shares of the specialty retailer’s stock valued at $736,000 after purchasing an additional 420 shares during the period. Graves Light Private Wealth Management Inc. acquired a new position in Five Below in the fourth quarter valued at $36,000. Finally, Los Angeles Capital Management LLC increased its stake in Five Below by 49.1% in the fourth quarter. Los Angeles Capital Management LLC now owns 3,287 shares of the specialty retailer’s stock valued at $575,000 after purchasing an additional 1,083 shares during the period.

Shares of NASDAQ FIVE opened at $190.29 on Tuesday. Five Below, Inc. has a 12-month low of $47.53 and a 12-month high of $198.10. The company has a market capitalization of $10.63 billion, a PE ratio of 97.58, a price-to-earnings-growth ratio of 4.44 and a beta of 1.19. The firm’s 50-day moving average is $186.90 and its two-hundred day moving average is $150.37.

Five Below (NASDAQ:FIVE) last announced its quarterly earnings results on Tuesday, December 1st. The specialty retailer reported $0.36 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.20 by $0.16. Five Below had a net margin of 6.13% and a return on equity of 14.72%. The company had revenue of $476.61 million for the quarter, compared to the consensus estimate of $444.91 million. During the same quarter in the prior year, the firm earned $0.18 earnings per share. The company’s revenue for the quarter was up 26.3% compared to the same quarter last year. As a group, equities research analysts expect that Five Below, Inc. will post 2.11 earnings per share for the current fiscal year.

A number of research analysts have commented on FIVE shares. Barclays lifted their price objective on shares of Five Below from $120.00 to $143.00 and gave the company an “equal weight” rating in a research note on Thursday, December 3rd. Wells Fargo & Company boosted their price target on shares of Five Below from $155.00 to $182.00 and gave the stock an “overweight” rating in a research note on Monday, November 30th. Guggenheim boosted their price target on shares of Five Below from $180.00 to $215.00 and gave the stock a “buy” rating in a research note on Thursday, January 14th. Citigroup lowered shares of Five Below from a “buy” rating to a “neutral” rating and boosted their price target for the stock from $180.00 to $205.00 in a research note on Wednesday, January 27th. Finally, Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell boosted their price target on shares of Five Below from $140.00 to $180.00 in a research note on Thursday, December 3rd. Six analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company. The company currently has an average rating of “Buy” and a consensus target price of $174.04.

In other Five Below news, EVP George Hill sold 5,000 shares of the company’s stock in a transaction dated Tuesday, December 8th. The shares were sold at an average price of $161.80, for a total value of $809,000.00. Following the sale, the executive vice president now owns 17,148 shares of the company’s stock, valued at $2,774,546.40. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Eric M. Specter sold 12,800 shares of the company’s stock in a transaction dated Friday, December 4th. The shares were sold at an average price of $161.92, for a total transaction of $2,072,576.00. Following the completion of the sale, the chief accounting officer now directly owns 44,954 shares in the company, valued at approximately $7,278,951.68. The disclosure for this sale can be found here. Insiders sold 83,961 shares of company stock worth $13,844,509 in the last ninety days. Insiders own 2.40% of the company’s stock.

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 nail polishes, lip glosses, fragrances, 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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Institutional Ownership by Quarter for Five Below (NASDAQ:FIVE)

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