Profund Advisors LLC lifted its holdings in Five Below Inc (NASDAQ:FIVE) by 14.0% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 9,014 shares of the specialty retailer’s stock after purchasing an additional 1,104 shares during the quarter. Profund Advisors LLC’s holdings in Five Below were worth $598,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also modified their holdings of FIVE. Zurcher Kantonalbank Zurich Cantonalbank grew its position in shares of Five Below by 53.2% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,714 shares of the specialty retailer’s stock valued at $180,000 after purchasing an additional 943 shares during the period. M&T Bank Corp acquired a new position in shares of Five Below in the 4th quarter valued at approximately $211,000. Wedbush Securities Inc. acquired a new position in shares of Five Below in the 4th quarter valued at approximately $214,000. MML Investors Services LLC acquired a new position in shares of Five Below in the 4th quarter valued at approximately $238,000. Finally, Ladenburg Thalmann Financial Services Inc. grew its position in shares of Five Below by 25.7% in the 3rd quarter. Ladenburg Thalmann Financial Services Inc. now owns 4,558 shares of the specialty retailer’s stock valued at $250,000 after purchasing an additional 933 shares during the period.
Several equities analysts recently issued reports on FIVE shares. Gordon Haskett upgraded Five Below from a “hold” rating to an “accumulate” rating in a research report on Wednesday, January 31st. Buckingham Research upped their price target on Five Below from $62.00 to $75.00 and gave the stock a “buy” rating in a research report on Friday, December 1st. Zacks Investment Research raised Five Below from a “hold” rating to a “buy” rating and set a $67.00 price target for the company in a research report on Thursday, November 30th. Jefferies Group upped their price target on Five Below from $62.00 to $70.00 and gave the stock a “buy” rating in a research report on Wednesday, November 29th. Finally, MKM Partners upped their price target on Five Below from $59.00 to $64.00 and gave the stock a “buy” rating in a research report on Tuesday, November 28th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and ten have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $64.97.
Shares of Five Below stock opened at $68.96 on Monday. Five Below Inc has a 12 month low of $37.85 and a 12 month high of $73.55. The stock has a market capitalization of $3,809.01, a P/E ratio of 45.07, a PEG ratio of 0.99 and a beta of 0.62.
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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.
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