Caisse DE Depot ET Placement DU Quebec Takes $6.67 Million Position in Five Below, Inc. (NASDAQ:FIVE)

Caisse DE Depot ET Placement DU Quebec acquired a new position in shares of Five Below, Inc. (NASDAQ:FIVE - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 63,500 shares of the specialty retailer's stock, valued at approximately $6,665,000. Caisse DE Depot ET Placement DU Quebec owned 0.12% of Five Below at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Comerica Bank grew its position in Five Below by 49.6% during the fourth quarter. Comerica Bank now owns 32,882 shares of the specialty retailer's stock valued at $3,451,000 after buying an additional 10,896 shares during the period. PDT Partners LLC acquired a new stake in shares of Five Below during the 4th quarter valued at about $315,000. Schonfeld Strategic Advisors LLC increased its stake in shares of Five Below by 7,542.3% in the 4th quarter. Schonfeld Strategic Advisors LLC now owns 287,351 shares of the specialty retailer's stock valued at $30,160,000 after purchasing an additional 283,591 shares in the last quarter. AQR Capital Management LLC purchased a new position in Five Below during the fourth quarter worth approximately $15,160,000. Finally, Candlestick Capital Management LP acquired a new stake in Five Below in the fourth quarter valued at approximately $33,163,000.

Five Below Trading Up 1.4 %

FIVE stock traded up $1.17 during midday trading on Wednesday, hitting $82.20. 1,812,248 shares of the company's stock were exchanged, compared to its average volume of 2,022,644. Five Below, Inc. has a 1-year low of $52.38 and a 1-year high of $146.95. The stock has a market capitalization of $4.53 billion, a PE ratio of 16.95, a P/E/G ratio of 1.19 and a beta of 0.87. The business has a 50-day simple moving average of $73.05 and a two-hundred day simple moving average of $87.66.

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

Insider Buying and Selling at Five Below

In other news, EVP Ronald James Masciantonio sold 584 shares of the firm's stock in a transaction that occurred on Monday, March 24th. The shares were sold at an average price of $78.04, for a total value of $45,575.36. Following the completion of the transaction, the executive vice president now owns 12,658 shares of the company's stock, valued at approximately $987,830.32. This trade represents a 4.41 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 1.90% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on FIVE shares. Mizuho decreased their target price on Five Below from $105.00 to $88.00 and set a "neutral" rating on the stock in a research report on Thursday, March 20th. Morgan Stanley reiterated an "equal weight" rating on shares of Five Below in a research report on Thursday, March 20th. StockNews.com upgraded shares of Five Below from a "sell" rating to a "hold" rating in a research report on Monday, March 24th. DA Davidson lowered their price objective on Five Below from $50.00 to $25.00 and set a "neutral" rating on the stock in a report on Monday, April 14th. Finally, Loop Capital increased their target price on Five Below from $85.00 to $90.00 and gave the company a "hold" rating in a report on Monday. One investment analyst has rated the stock with a sell rating, fifteen have issued a hold rating and six have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and an average target price of $97.25.

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.