Five Below, Inc. (NASDAQ:FIVE) Shares Sold by Vanguard Personalized Indexing Management LLC

Vanguard Personalized Indexing Management LLC trimmed its holdings in shares of Five Below, Inc. (NASDAQ:FIVE) by 25.0% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,429 shares of the specialty retailer’s stock after selling 1,146 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in Five Below were worth $374,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of FIVE. Junto Capital Management LP acquired a new stake in shares of Five Below during the 4th quarter worth about $73,472,000. Dimensional Fund Advisors LP grew its position in Five Below by 39.0% in the 2nd quarter. Dimensional Fund Advisors LP now owns 596,763 shares of the specialty retailer’s stock valued at $65,034,000 after acquiring an additional 167,330 shares in the last quarter. Jennison Associates LLC acquired a new position in Five Below in the 1st quarter valued at about $25,114,000. Riverbridge Partners LLC grew its position in Five Below by 5.5% in the 2nd quarter. Riverbridge Partners LLC now owns 1,377,908 shares of the specialty retailer’s stock valued at $150,151,000 after acquiring an additional 72,020 shares in the last quarter. Finally, Capital World Investors grew its position in Five Below by 2.5% in the 1st quarter. Capital World Investors now owns 2,403,415 shares of the specialty retailer’s stock valued at $435,931,000 after acquiring an additional 58,883 shares in the last quarter.

Five Below Stock Down 2.5 %

FIVE stock opened at $92.59 on Friday. The business has a 50 day moving average price of $80.06 and a 200 day moving average price of $119.06. The stock has a market cap of $5.10 billion, a price-to-earnings ratio of 17.40, a PEG ratio of 1.06 and a beta of 1.21. Five Below, Inc. has a fifty-two week low of $64.87 and a fifty-two week high of $216.18.

Five Below (NASDAQ:FIVE) last issued its quarterly earnings data on Wednesday, August 28th. The specialty retailer reported $0.54 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.54. Five Below had a return on equity of 18.16% and a net margin of 7.57%. The company had revenue of $830.07 million during the quarter, compared to analysts’ expectations of $821.95 million. As a group, sell-side analysts anticipate that Five Below, Inc. will post 4.55 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on the company. KeyCorp dropped their target price on Five Below from $115.00 to $106.00 and set an “overweight” rating for the company in a research report on Thursday, August 29th. William Blair downgraded Five Below from an “outperform” rating to a “market perform” rating in a research report on Wednesday, July 17th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $79.00 target price (down from $155.00) on shares of Five Below in a research report on Thursday, July 18th. StockNews.com cut Five Below from a “hold” rating to a “sell” rating in a research note on Saturday, June 8th. Finally, Loop Capital decreased their price objective on Five Below from $190.00 to $120.00 and set a “hold” rating for the company in a research note on Friday, June 7th. Two investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat.com, Five Below currently has an average rating of “Hold” and an average price target of $110.00.

About Five Below

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.