Xponance Inc. Has $1.08 Million Stock Holdings in Five Below, Inc. (NASDAQ:FIVE)

Xponance Inc. reduced its stake in shares of Five Below, Inc. (NASDAQ:FIVE) by 14.5% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 9,931 shares of the specialty retailer’s stock after selling 1,682 shares during the quarter. Xponance Inc.’s holdings in Five Below were worth $1,082,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. V Square Quantitative Management LLC bought a new stake in Five Below during the fourth quarter worth about $26,000. Rise Advisors LLC bought a new position in Five Below in the 1st quarter valued at about $28,000. Quest Partners LLC acquired a new position in shares of Five Below in the 4th quarter valued at approximately $37,000. Parallel Advisors LLC lifted its holdings in shares of Five Below by 86.3% during the 4th quarter. Parallel Advisors LLC now owns 177 shares of the specialty retailer’s stock worth $38,000 after acquiring an additional 82 shares during the period. Finally, McClarren Financial Advisors Inc. lifted its holdings in shares of Five Below by 18,100.0% during the 1st quarter. McClarren Financial Advisors Inc. now owns 182 shares of the specialty retailer’s stock worth $330,000 after acquiring an additional 181 shares during the period.

Five Below Trading Down 2.5 %

NASDAQ FIVE opened at $92.59 on Friday. Five Below, Inc. has a 12 month low of $64.87 and a 12 month high of $216.18. The firm has a market capitalization of $5.10 billion, a PE ratio of 17.40, a price-to-earnings-growth ratio of 1.06 and a beta of 1.21. The business’s 50-day moving average price is $80.06 and its two-hundred day moving average price is $119.06.

Five Below (NASDAQ:FIVE) last announced its earnings results on Wednesday, August 28th. The specialty retailer reported $0.54 EPS for the quarter, meeting the consensus estimate of $0.54. Five Below had a return on equity of 18.16% and a net margin of 7.57%. The business had revenue of $830.07 million for the quarter, compared to analysts’ expectations of $821.95 million. As a group, analysts forecast that Five Below, Inc. will post 4.55 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research analysts have commented on FIVE shares. Evercore ISI lowered their price objective on shares of Five Below from $101.00 to $95.00 and set an “in-line” rating for the company in a research report on Thursday, August 29th. Telsey Advisory Group decreased their price target on Five Below from $120.00 to $102.00 and set an “outperform” rating on the stock in a research note on Thursday, August 29th. Mizuho downgraded Five Below from an “outperform” rating to a “neutral” rating and dropped their price objective for the stock from $150.00 to $85.00 in a research report on Wednesday, July 17th. William Blair cut Five Below from an “outperform” rating to a “market perform” rating in a research report on Wednesday, July 17th. Finally, Loop Capital lowered their target price 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 analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and seven have given a buy rating to the company’s stock. According to data from MarketBeat.com, Five Below presently has an average rating of “Hold” and a consensus 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.