Advisor Group Holdings Inc. Has $3.32 Million Holdings in Five Below, Inc. (NASDAQ:FIVE)

Advisor Group Holdings Inc. increased its holdings in shares of Five Below, Inc. (NASDAQ:FIVE) by 1.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 18,843 shares of the specialty retailer’s stock after buying an additional 360 shares during the quarter. Advisor Group Holdings Inc.’s holdings in Five Below were worth $3,322,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the stock. PNC Financial Services Group Inc. raised its stake in Five Below by 4.2% during the 3rd quarter. PNC Financial Services Group Inc. now owns 15,039 shares of the specialty retailer’s stock worth $2,660,000 after buying an additional 601 shares during the period. Treasurer of the State of North Carolina raised its stake in Five Below by 6.3% during the 3rd quarter. Treasurer of the State of North Carolina now owns 20,379 shares of the specialty retailer’s stock worth $3,603,000 after buying an additional 1,209 shares during the period. Bender Robert & Associates raised its stake in Five Below by 55.8% during the 3rd quarter. Bender Robert & Associates now owns 51,838 shares of the specialty retailer’s stock worth $17,593,000 after buying an additional 18,557 shares during the period. Lisanti Capital Growth LLC raised its stake in shares of Five Below by 36.9% in the 3rd quarter. Lisanti Capital Growth LLC now owns 13,900 shares of the specialty retailer’s stock valued at $2,458,000 after purchasing an additional 3,745 shares during the period. Finally, Raymond James & Associates raised its stake in shares of Five Below by 61.2% in the 3rd quarter. Raymond James & Associates now owns 57,863 shares of the specialty retailer’s stock valued at $10,231,000 after purchasing an additional 21,974 shares during the period. 97.52% of the stock is currently owned by institutional investors and hedge funds.

Several analysts have issued reports on the company. Truist Financial assumed coverage on Five Below in a research note on Thursday. They issued a “buy” rating and a $214.00 price target on the stock. Truist assumed coverage on Five Below in a research note on Thursday. They issued a “buy” rating and a $214.00 price target on the stock. KeyCorp raised Five Below from a “sector weight” rating to an “overweight” rating and set a $230.00 price target on the stock in a research note on Friday. Truist Securities assumed coverage on Five Below in a research note on Thursday. They issued a “buy” rating and a $214.00 price target on the stock. Finally, Oppenheimer lifted their price target on Five Below from $220.00 to $230.00 and gave the company an “outperform” rating in a research note on Friday, December 3rd. Five research analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus target price of $230.29.

Five Below stock opened at $173.31 on Friday. Five Below, Inc. has a 52 week low of $165.25 and a 52 week high of $237.86. The stock has a market capitalization of $9.71 billion, a P/E ratio of 37.19, a PEG ratio of 1.06 and a beta of 1.29. The stock has a 50-day simple moving average of $198.73 and a 200 day simple moving average of $197.14.

Five Below (NASDAQ:FIVE) last posted its quarterly earnings results on Wednesday, December 1st. The specialty retailer reported $0.43 EPS for the quarter, topping analysts’ consensus estimates of $0.29 by $0.14. Five Below had a return on equity of 27.29% and a net margin of 9.69%. The business had revenue of $607.65 million during the quarter, compared to analysts’ expectations of $562.48 million. During the same quarter last year, the company posted $0.36 earnings per share. Five Below’s quarterly revenue was up 27.5% on a year-over-year basis. On average, sell-side analysts anticipate that Five Below, Inc. will post 4.94 earnings per share for the current year.

About Five Below

Five Below, Inc engages in the operation of shopping center. It operates through the following segments: Leisure, Fashion and Home, and Party and Snack. The Leisure segment include items such as sporting goods, games, toys, tech, books, electronic accessories, and arts and crafts. The Fashion and Home segment consists personal accessories, “attitude“ t-shirts, beauty offerings, home goods, and storage options.

Further Reading: What is Cost of Capital?

Want to see what other hedge funds are holding FIVE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Five Below, Inc. (NASDAQ:FIVE).

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

Receive News & Ratings for Five Below Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Five Below and related companies with MarketBeat.com's FREE daily email newsletter.