42,451 Shares in Five Below, Inc. (FIVE) Acquired by Marshall Wace North America L.P.

Marshall Wace North America L.P. acquired a new position in shares of Five Below, Inc. (NASDAQ:FIVE) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 42,451 shares of the specialty retailer’s stock, valued at approximately $1,825,000.

Other institutional investors also recently added to or reduced their stakes in the company. First Mercantile Trust Co. raised its position in Five Below by 30.5% in the first quarter. First Mercantile Trust Co. now owns 2,310 shares of the specialty retailer’s stock worth $100,000 after buying an additional 540 shares during the last quarter. Tyers Asset Management LLC raised its position in Five Below by 17.6% in the first quarter. Tyers Asset Management LLC now owns 2,800 shares of the specialty retailer’s stock worth $121,000 after buying an additional 420 shares during the last quarter. SpiderRock Advisors LLC bought a new position in Five Below during the first quarter worth $125,000. Ladenburg Thalmann Financial Services Inc. raised its position in Five Below by 12.0% in the fourth quarter. Ladenburg Thalmann Financial Services Inc. now owns 2,864 shares of the specialty retailer’s stock worth $114,000 after buying an additional 307 shares during the last quarter. Finally, Flinton Capital Management LLC bought a new position in Five Below during the fourth quarter worth $116,000.

Five Below, Inc. (NASDAQ FIVE) opened at 48.335 on Tuesday. Five Below, Inc. has a 12-month low of $35.03 and a 12-month high of $54.13. The company’s 50-day moving average is $51.19 and its 200 day moving average is $43.74. The stock has a market capitalization of $2.66 billion, a PE ratio of 36.369 and a beta of 0.95.

Five Below (NASDAQ:FIVE) last announced its quarterly earnings results on Thursday, June 1st. The specialty retailer reported $0.15 earnings per share for the quarter, beating analysts’ consensus estimates of $0.14 by $0.01. The business had revenue of $232.90 million for the quarter, compared to the consensus estimate of $230.75 million. Five Below had a net margin of 7.06% and a return on equity of 24.02%. Five Below’s revenue for the quarter was up 20.9% on a year-over-year basis. During the same period last year, the company posted $0.12 EPS. On average, analysts predict that Five Below, Inc. will post $1.64 EPS for the current year.

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FIVE has been the subject of several recent analyst reports. BTIG Research restated a “neutral” rating on shares of Five Below in a research note on Saturday, June 3rd. Loop Capital restated a “buy” rating and issued a $60.00 price target (up previously from $54.00) on shares of Five Below in a research note on Friday, June 2nd. Guggenheim restated a “buy” rating and issued a $60.00 price target (up previously from $52.00) on shares of Five Below in a research note on Saturday, June 3rd. Morgan Stanley restated an “equal weight” rating and issued a $47.00 price target (up previously from $40.00) on shares of Five Below in a research note on Saturday, June 3rd. Finally, KeyCorp restated an “overweight” rating and issued a $58.00 price target on shares of Five Below in a research note on Thursday, June 1st. One analyst has rated the stock with a sell rating, six have assigned a hold rating and eleven have assigned a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average price target of $53.85.

In related news, CFO Kenneth R. Bull sold 17,300 shares of the stock in a transaction that occurred on Thursday, June 8th. The shares were sold at an average price of $53.90, for a total value of $932,470.00. Following the sale, the chief financial officer now directly owns 76,544 shares in the company, valued at approximately $4,125,721.60. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 2.92% of the company’s stock.

About Five Below

Five Below, Inc is a specialty retailer offering a range of merchandise for teen and pre-teen customer. The Company offers an assortment of products, including select brands and licensed merchandise across a range of categories, including Style, Room, Sports, Tech, Crafts, Party, Candy and Now. Its product groups include leisure, fashion and home, and party and snack.

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

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