Oxford Asset Management LLP Makes New $362,000 Investment in Five Below, Inc. (NASDAQ:FIVE)

Oxford Asset Management LLP acquired a new position in Five Below, Inc. (NASDAQ:FIVE - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 3,451 shares of the specialty retailer's stock, valued at approximately $362,000.

A number of other hedge funds have also recently made changes to their positions in FIVE. Marshall Wace LLP boosted its holdings in shares of Five Below by 86.0% during the 4th quarter. Marshall Wace LLP now owns 2,320,212 shares of the specialty retailer's stock valued at $243,529,000 after buying an additional 1,072,642 shares in the last quarter. Norges Bank bought a new stake in Five Below in the 4th quarter worth approximately $66,933,000. Alliancebernstein L.P. grew its position in Five Below by 487.0% in the 4th quarter. Alliancebernstein L.P. now owns 566,695 shares of the specialty retailer's stock worth $59,480,000 after purchasing an additional 470,150 shares during the period. Fuller & Thaler Asset Management Inc. bought a new stake in Five Below in the 4th quarter worth approximately $44,727,000. Finally, American Century Companies Inc. boosted its stake in shares of Five Below by 869.2% during the 4th quarter. American Century Companies Inc. now owns 197,664 shares of the specialty retailer's stock worth $20,747,000 after acquiring an additional 177,269 shares during the last quarter.

Insider Activity at Five Below

In related news, EVP Ronald James Masciantonio sold 584 shares of Five Below stock in a transaction that occurred on Monday, March 24th. The stock was sold at an average price of $78.04, for a total value of $45,575.36. Following the transaction, the executive vice president now directly owns 12,658 shares of the company's stock, valued at $987,830.32. The trade was a 4.41 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 1.90% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on FIVE shares. JPMorgan Chase & Co. upgraded shares of Five Below from an "underweight" rating to a "neutral" rating and set a $57.00 target price on the stock in a research note on Monday, April 7th. UBS Group decreased their price target on Five Below from $150.00 to $110.00 and set a "buy" rating for the company in a research note on Thursday, March 20th. Guggenheim decreased their price target on Five Below from $140.00 to $125.00 and set a "buy" rating for the company in a research note on Friday, March 21st. Bank of America decreased their target price on Five Below from $88.00 to $75.00 and set an "underperform" rating for the company in a research report on Thursday, March 20th. Finally, Mizuho reduced their price target on Five Below from $105.00 to $88.00 and set a "neutral" rating for the company in a research report on Thursday, March 20th. One equities research analyst has rated the stock with a sell rating, fifteen have assigned a hold rating and six have issued a buy rating to the stock. According to MarketBeat.com, Five Below currently has a consensus rating of "Hold" and a consensus target price of $94.30.

Five Below Price Performance

Shares of Five Below stock traded down $1.78 during trading on Wednesday, hitting $75.89. 1,749,072 shares of the company's stock traded hands, compared to its average volume of 1,993,908. The firm's fifty day moving average price is $73.85 and its 200 day moving average price is $88.14. Five Below, Inc. has a twelve month low of $52.38 and a twelve month high of $147.64. The company has a market cap of $4.18 billion, a PE ratio of 15.65, a PEG ratio of 1.19 and a beta of 1.01.

Five Below (NASDAQ:FIVE - Get Free Report) last announced its earnings results on Wednesday, March 19th. The specialty retailer reported $3.48 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.38 by $0.10. The company had revenue of $1.39 billion for the quarter, compared to analyst estimates of $1.38 billion. Five Below had a net margin of 7.02% and a return on equity of 18.03%. Five Below's quarterly revenue was up 4.0% on a year-over-year basis. During the same period in the prior year, the business earned $3.65 earnings per share. As a group, equities research analysts anticipate that Five Below, Inc. will post 4.93 earnings per share for the current year.

Five Below 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.