Blair William & Co. IL Raises Stock Holdings in Five Below, Inc. (NASDAQ:FIVE)

Blair William & Co. IL boosted its stake in Five Below, Inc. (NASDAQ:FIVE) by 40.8% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 71,066 shares of the specialty retailer’s stock after purchasing an additional 20,593 shares during the quarter. Blair William & Co. IL owned about 0.13% of Five Below worth $7,744,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also bought and sold shares of the company. V Square Quantitative Management LLC purchased a new stake in Five Below during the fourth quarter valued at about $26,000. Rise Advisors LLC purchased a new position in shares of Five Below during the 1st quarter valued at about $28,000. Partnership Wealth Management LLC raised its holdings in shares of Five Below by 2,000.0% during the 2nd quarter. Partnership Wealth Management LLC now owns 315 shares of the specialty retailer’s stock valued at $34,000 after buying an additional 300 shares in the last quarter. Quest Partners LLC bought a new stake in Five Below in the 4th quarter worth approximately $37,000. Finally, Parallel Advisors LLC boosted its stake in Five Below by 86.3% in the fourth quarter. Parallel Advisors LLC now owns 177 shares of the specialty retailer’s stock worth $38,000 after buying an additional 82 shares in the last quarter.

Five Below Stock Performance

Shares of FIVE stock opened at $95.41 on Friday. The company has a market capitalization of $5.25 billion, a price-to-earnings ratio of 17.93, a price-to-earnings-growth ratio of 0.99 and a beta of 1.21. Five Below, Inc. has a one year low of $64.87 and a one year high of $216.18. The company’s 50-day moving average is $79.47 and its 200 day moving average is $123.70.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on FIVE. Mizuho lowered shares of Five Below from an “outperform” rating to a “neutral” rating and lowered their price objective for the stock from $150.00 to $85.00 in a report on Wednesday, July 17th. Citigroup lowered their price target on shares of Five Below from $92.00 to $85.00 and set a “neutral” rating for the company in a research note on Wednesday, August 21st. The Goldman Sachs Group reduced their price objective on Five Below from $124.00 to $106.00 and set a “buy” rating on the stock in a research note on Thursday, August 29th. UBS Group lowered their target price on Five Below from $120.00 to $108.00 and set a “buy” rating for the company in a research note on Wednesday, August 21st. Finally, Telsey Advisory Group dropped their target price on Five Below from $120.00 to $102.00 and set an “outperform” rating for the company in a report on Thursday, August 29th. Two research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and seven have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $109.95.

Five Below Company Profile

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.