Crossmark Global Holdings Inc. Sells 95 Shares of Five Below, Inc. (NASDAQ:FIVE)

Crossmark Global Holdings Inc. reduced its holdings in Five Below, Inc. (NASDAQ:FIVEFree Report) by 2.3% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 4,055 shares of the specialty retailer’s stock after selling 95 shares during the quarter. Crossmark Global Holdings Inc.’s holdings in Five Below were worth $864,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. Stephens Investment Management Group LLC increased its position in Five Below by 7.2% in the 4th quarter. Stephens Investment Management Group LLC now owns 342,152 shares of the specialty retailer’s stock worth $72,933,000 after buying an additional 22,888 shares during the period. CIBC Private Wealth Group LLC increased its position in Five Below by 1.4% during the fourth quarter. CIBC Private Wealth Group LLC now owns 175,343 shares of the specialty retailer’s stock worth $37,376,000 after acquiring an additional 2,500 shares during the period. KBC Group NV acquired a new position in Five Below during the 4th quarter valued at $222,000. Boulder Hill Capital Management LP bought a new stake in Five Below in the 4th quarter valued at $2,259,000. Finally, Alpha DNA Investment Management LLC acquired a new stake in Five Below in the 4th quarter worth $521,000.

Five Below Trading Down 2.5 %

NASDAQ FIVE opened at $115.48 on Tuesday. Five Below, Inc. has a 1-year low of $106.21 and a 1-year high of $216.18. The company has a 50 day moving average of $145.32 and a 200-day moving average of $177.18. The firm has a market cap of $6.36 billion, a price-to-earnings ratio of 21.71, a PEG ratio of 1.10 and a beta of 1.17.

Five Below (NASDAQ:FIVEGet Free Report) last released its quarterly earnings results on Wednesday, June 5th. The specialty retailer reported $0.60 EPS for the quarter, missing analysts’ consensus estimates of $0.62 by ($0.02). Five Below had a return on equity of 19.82% and a net margin of 8.10%. The business had revenue of $811.86 million for the quarter, compared to the consensus estimate of $834.29 million. During the same quarter last year, the company earned $0.67 earnings per share. The firm’s revenue was up 11.8% on a year-over-year basis. On average, analysts forecast that Five Below, Inc. will post 5.25 earnings per share for the current year.

Analyst Ratings Changes

FIVE has been the subject of a number of research analyst reports. Gordon Haskett lowered shares of Five Below from a “buy” rating to an “accumulate” rating and cut their price objective for the company from $210.00 to $200.00 in a research report on Wednesday, April 3rd. JPMorgan Chase & Co. cut Five Below from an “overweight” rating to a “neutral” rating and cut their price target for the company from $215.00 to $170.00 in a report on Tuesday, April 23rd. Guggenheim decreased their price objective on Five Below from $230.00 to $165.00 and set a “buy” rating on the stock in a report on Thursday, June 6th. Barclays cut their target price on Five Below from $214.00 to $176.00 and set an “overweight” rating for the company in a research note on Thursday, June 6th. Finally, Loop Capital reduced their target price on Five Below from $190.00 to $120.00 and set a “hold” rating for the company in a research report on Friday. One research analyst has rated the stock with a sell rating, four have given a hold rating and fourteen have issued a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $175.33.

Read Our Latest Analysis on Five Below

About Five Below

(Free Report)

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.

See Also

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

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