Five Below, Inc. (NASDAQ:FIVE) Shares Sold by Advisors Asset Management Inc.

Advisors Asset Management Inc. cut its stake in Five Below, Inc. (NASDAQ:FIVE) by 16.1% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,869 shares of the specialty retailer’s stock after selling 359 shares during the quarter. Advisors Asset Management Inc.’s holdings in Five Below were worth $165,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. B. Metzler seel. Sohn & Co. Holding AG acquired a new stake in Five Below during the 3rd quarter worth $1,765,000. Baron Wealth Management LLC raised its position in shares of Five Below by 6.1% in the third quarter. Baron Wealth Management LLC now owns 9,986 shares of the specialty retailer’s stock valued at $882,000 after buying an additional 575 shares during the last quarter. ING Groep NV purchased a new position in shares of Five Below in the third quarter worth about $3,534,000. KBC Group NV boosted its position in Five Below by 23.7% during the third quarter. KBC Group NV now owns 1,630 shares of the specialty retailer’s stock worth $144,000 after acquiring an additional 312 shares during the last quarter. Finally, Lisanti Capital Growth LLC purchased a new stake in Five Below during the 3rd quarter valued at about $3,455,000.

Analyst Upgrades and Downgrades

FIVE has been the topic of a number of research reports. Bank of America lowered shares of Five Below from a “neutral” rating to an “underperform” rating and decreased their target price for the stock from $98.00 to $75.00 in a research note on Wednesday, November 6th. Evercore ISI lifted their price objective on Five Below from $100.00 to $104.00 and gave the stock an “in-line” rating in a research report on Tuesday, October 22nd. UBS Group dropped their target price on Five Below from $120.00 to $108.00 and set a “buy” rating for the company in a report on Wednesday, August 21st. The Goldman Sachs Group reduced their price target on Five Below from $124.00 to $106.00 and set a “buy” rating on the stock in a report on Thursday, August 29th. Finally, Telsey Advisory Group cut shares of Five Below from an “outperform” rating to a “market perform” rating and lowered their price target for the company from $102.00 to $95.00 in a research report on Monday, November 25th. Three analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and six have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $106.05.

Five Below Trading Down 0.3 %

Shares of FIVE stock opened at $92.70 on Friday. The company has a market cap of $5.10 billion, a P/E ratio of 18.31, a PEG ratio of 1.02 and a beta of 1.20. The firm has a fifty day moving average price of $90.51 and a 200 day moving average price of $96.06. Five Below, Inc. has a 12 month low of $64.87 and a 12 month high of $216.18.

Five Below (NASDAQ:FIVE) last released its quarterly earnings data on Wednesday, August 28th. The specialty retailer reported $0.54 earnings per share (EPS) for the quarter, hitting 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 during the quarter, compared to analysts’ expectations of $821.95 million. On average, equities analysts forecast that Five Below, Inc. will post 4.57 EPS for the current year.

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.