B. Metzler seel. Sohn & Co. Holding AG Buys Shares of 19,974 Five Below, Inc. (NASDAQ:FIVE)

B. Metzler seel. Sohn & Co. Holding AG bought a new stake in shares of Five Below, Inc. (NASDAQ:FIVE) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 19,974 shares of the specialty retailer’s stock, valued at approximately $1,765,000.

A number of other hedge funds have also made changes to their positions in the company. Janus Henderson Group PLC raised its holdings in shares of Five Below by 0.4% during the first quarter. Janus Henderson Group PLC now owns 30,164 shares of the specialty retailer’s stock valued at $5,473,000 after acquiring an additional 115 shares during the last quarter. Fifth Third Bancorp raised its holdings in shares of Five Below by 12.0% during the second quarter. Fifth Third Bancorp now owns 1,375 shares of the specialty retailer’s stock valued at $150,000 after acquiring an additional 147 shares during the last quarter. Parkside Financial Bank & Trust raised its holdings in shares of Five Below by 9.3% during the second quarter. Parkside Financial Bank & Trust now owns 2,122 shares of the specialty retailer’s stock valued at $231,000 after acquiring an additional 180 shares during the last quarter. Peloton Wealth Strategists raised its holdings in shares of Five Below by 3.0% during the second quarter. Peloton Wealth Strategists now owns 6,820 shares of the specialty retailer’s stock valued at $743,000 after acquiring an additional 200 shares during the last quarter. Finally, Partnership Wealth Management LLC raised its holdings in shares of Five Below by 63.5% during the third quarter. Partnership Wealth Management LLC now owns 515 shares of the specialty retailer’s stock valued at $46,000 after acquiring an additional 200 shares during the last quarter.

Five Below Price Performance

Five Below stock opened at $86.92 on Friday. Five Below, Inc. has a 1-year low of $64.87 and a 1-year high of $216.18. The stock has a market cap of $4.78 billion, a PE ratio of 17.11, a P/E/G ratio of 0.93 and a beta of 1.20. The stock’s fifty day moving average is $91.15 and its two-hundred day moving average is $97.49.

Five Below (NASDAQ:FIVE) last posted its quarterly earnings results 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 for the quarter, compared to analysts’ expectations of $821.95 million. On average, research analysts expect that Five Below, Inc. will post 4.57 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

FIVE has been the subject of a number of analyst reports. Gordon Haskett upgraded Five Below from a “hold” rating to a “buy” rating and set a $120.00 price target for the company in a research report on Thursday, November 7th. Telsey Advisory Group dropped their price target on Five Below from $120.00 to $102.00 and set an “outperform” rating for the company in a research report on Thursday, August 29th. JPMorgan Chase & Co. lowered Five Below from a “neutral” rating to an “underweight” rating and increased their price objective for the stock from $89.00 to $95.00 in a research report on Thursday, September 19th. Craig Hallum increased their price objective on Five Below from $102.00 to $125.00 and gave the stock a “buy” rating in a research report on Wednesday, October 2nd. Finally, Citigroup lowered their price objective on Five Below from $92.00 to $85.00 and set a “neutral” rating for the company in a research report on Wednesday, August 21st. Three research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $106.40.

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.