Mutual of America Capital Management LLC Has $4.95 Million Stake in Five Below, Inc. (NASDAQ:FIVE)

Mutual of America Capital Management LLC trimmed its holdings in shares of Five Below, Inc. (NASDAQ:FIVE) by 2.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 47,165 shares of the specialty retailer’s stock after selling 1,151 shares during the period. Mutual of America Capital Management LLC owned 0.09% of Five Below worth $4,950,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Atreides Management LP bought a new stake in shares of Five Below during the 3rd quarter valued at $68,649,000. Two Sigma Advisers LP acquired a new stake in shares of Five Below during the third quarter worth $64,981,000. Holocene Advisors LP bought a new stake in Five Below in the third quarter valued at about $38,829,000. Wellington Management Group LLP lifted its stake in Five Below by 1,042.4% in the third quarter. Wellington Management Group LLP now owns 391,004 shares of the specialty retailer’s stock valued at $34,545,000 after buying an additional 356,776 shares during the period. Finally, BNP Paribas Financial Markets boosted its holdings in Five Below by 1,094.5% during the third quarter. BNP Paribas Financial Markets now owns 366,146 shares of the specialty retailer’s stock worth $32,349,000 after buying an additional 335,493 shares during the last quarter.

Analyst Ratings Changes

A number of analysts have recently commented on FIVE shares. Wells Fargo & Company upped their price target on Five Below from $115.00 to $135.00 and gave the company an “overweight” rating in a research note on Thursday, December 5th. Craig Hallum increased their target price on shares of Five Below from $125.00 to $150.00 and gave the stock a “buy” rating in a report on Thursday, December 5th. JPMorgan Chase & Co. reduced their price target on shares of Five Below from $107.00 to $102.00 and set an “underweight” rating on the stock in a research report on Thursday, January 16th. KeyCorp cut shares of Five Below from an “overweight” rating to a “sector weight” rating in a research report on Thursday, November 7th. Finally, The Goldman Sachs Group raised their price objective on Five Below from $106.00 to $122.00 and gave the stock a “buy” rating in a research note on Friday, December 6th. Three analysts have rated the stock with a sell rating, twelve have issued a hold rating and six have issued a buy rating to the stock. According to MarketBeat, Five Below presently has an average rating of “Hold” and an average price target of $111.32.

Insider Activity at Five Below

In other news, CAO Eric M. Specter sold 5,494 shares of the company’s stock in a transaction that occurred on Thursday, January 16th. The stock was sold at an average price of $90.76, for a total transaction of $498,635.44. Following the sale, the chief accounting officer now owns 57,267 shares in the company, valued at $5,197,552.92. This represents a 8.75 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Insiders own 1.90% of the company’s stock.

Five Below Trading Down 1.8 %

Shares of FIVE opened at $82.70 on Wednesday. The stock has a market capitalization of $4.55 billion, a price-to-earnings ratio of 17.05, a PEG ratio of 1.19 and a beta of 1.12. Five Below, Inc. has a 12 month low of $64.87 and a 12 month high of $212.01. The firm has a fifty day simple moving average of $95.12 and a 200 day simple moving average of $92.88.

Five Below (NASDAQ:FIVE) last announced its quarterly earnings data on Wednesday, December 4th. The specialty retailer reported $0.42 earnings per share for the quarter, beating the consensus estimate of $0.16 by $0.26. The company had revenue of $843.71 million during the quarter, compared to analysts’ expectations of $801.48 million. Five Below had a return on equity of 18.03% and a net margin of 7.02%. Five Below’s revenue for the quarter was up 14.6% compared to the same quarter last year. During the same quarter last year, the company earned $0.26 EPS. As a group, research analysts predict that Five Below, Inc. will post 4.93 earnings per share for the current fiscal year.

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.