Five Below, Inc. (FIVE) Holdings Increased by Legal & General Group Plc

Legal & General Group Plc increased its holdings in shares of Five Below, Inc. (NASDAQ:FIVE) by 11.7% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 106,198 shares of the specialty retailer’s stock after acquiring an additional 11,110 shares during the period. Legal & General Group Plc owned approximately 0.19% of Five Below worth $5,239,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. First Mercantile Trust Co. grew its position in shares of Five Below by 30.5% during the 1st quarter. First Mercantile Trust Co. now owns 2,310 shares of the specialty retailer’s stock valued at $100,000 after acquiring an additional 540 shares during the period. Tyers Asset Management LLC grew its position in shares of Five Below by 17.6% during the 1st quarter. Tyers Asset Management LLC now owns 2,800 shares of the specialty retailer’s stock valued at $121,000 after acquiring an additional 420 shares during the period. Strs Ohio grew its position in shares of Five Below by 30.4% during the 1st quarter. Strs Ohio now owns 3,000 shares of the specialty retailer’s stock valued at $129,000 after acquiring an additional 700 shares during the period. Flinton Capital Management LLC grew its position in shares of Five Below by 17.6% during the 1st quarter. Flinton Capital Management LLC now owns 3,400 shares of the specialty retailer’s stock valued at $147,000 after acquiring an additional 510 shares during the period. Finally, Invictus RG acquired a new stake in shares of Five Below during the 1st quarter valued at about $183,000.

WARNING: This report was first posted by The Ledger Gazette and is the property of of The Ledger Gazette. If you are reading this report on another website, it was stolen and reposted in violation of United States and international copyright & trademark law. The original version of this report can be viewed at https://ledgergazette.com/2017/09/17/legal-general-group-plc-acquires-11110-shares-of-five-below-inc-five.html.

Five Below, Inc. (NASDAQ:FIVE) opened at 49.59 on Friday. Five Below, Inc. has a 12-month low of $35.03 and a 12-month high of $54.13. The company’s 50-day moving average is $49.07 and its 200 day moving average is $47.35. The stock has a market capitalization of $2.74 billion, a PE ratio of 34.25 and a beta of 0.93.

Five Below (NASDAQ:FIVE) last issued its quarterly earnings data on Wednesday, August 30th. The specialty retailer reported $0.30 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.26 by $0.04. The firm had revenue of $283.30 million for the quarter, compared to the consensus estimate of $276.37 million. Five Below had a net margin of 7.29% and a return on equity of 24.37%. Five Below’s quarterly revenue was up 28.7% compared to the same quarter last year. During the same period last year, the firm posted $0.18 EPS. On average, analysts predict that Five Below, Inc. will post $1.67 EPS for the current year.

A number of equities research analysts have recently commented on FIVE shares. Deutsche Bank AG restated a “hold” rating and set a $53.00 target price (up from $48.00) on shares of Five Below in a research report on Tuesday, May 30th. Zacks Investment Research upgraded Five Below from a “hold” rating to a “buy” rating and set a $59.00 target price on the stock in a research report on Tuesday, May 23rd. Loop Capital set a $60.00 target price on Five Below and gave the company a “buy” rating in a research report on Monday, August 28th. BTIG Research restated a “neutral” rating on shares of Five Below in a research report on Saturday, June 3rd. Finally, Jefferies Group LLC restated a “buy” rating and set a $62.00 target price on shares of Five Below in a research report on Thursday, August 31st. One analyst has rated the stock with a sell rating, six have given a hold rating and fourteen have given a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus price target of $54.15.

Five Below Profile

Five Below, Inc is a specialty retailer offering a range of merchandise for teen and pre-teen customer. The Company offers an assortment of products, including select brands and licensed merchandise across a range of categories, including Style, Room, Sports, Tech, Crafts, Party, Candy and Now. Its product groups include leisure, fashion and home, and party and snack.

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

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

Leave a Reply