Diversified Trust Co Invests $275,000 in Five Below, Inc. (NASDAQ:FIVE)

Diversified Trust Co acquired a new stake in shares of Five Below, Inc. (NASDAQ:FIVE - Free Report) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 3,665 shares of the specialty retailer's stock, valued at approximately $275,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Bessemer Group Inc. raised its holdings in shares of Five Below by 246.9% in the 1st quarter. Bessemer Group Inc. now owns 496 shares of the specialty retailer's stock valued at $37,000 after acquiring an additional 353 shares in the last quarter. Lecap Asset Management Ltd. raised its stake in Five Below by 35.5% in the first quarter. Lecap Asset Management Ltd. now owns 28,838 shares of the specialty retailer's stock valued at $2,161,000 after purchasing an additional 7,554 shares in the last quarter. Oppenheimer Asset Management Inc. lifted its position in Five Below by 7.9% during the first quarter. Oppenheimer Asset Management Inc. now owns 66,068 shares of the specialty retailer's stock valued at $4,950,000 after purchasing an additional 4,861 shares during the last quarter. Cambridge Investment Research Advisors Inc. grew its stake in Five Below by 17.2% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 3,544 shares of the specialty retailer's stock worth $266,000 after buying an additional 521 shares in the last quarter. Finally, State of Alaska Department of Revenue grew its stake in Five Below by 2.6% in the 1st quarter. State of Alaska Department of Revenue now owns 6,440 shares of the specialty retailer's stock worth $482,000 after buying an additional 165 shares in the last quarter.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on FIVE. Telsey Advisory Group lifted their price objective on shares of Five Below from $90.00 to $128.00 and gave the stock a "market perform" rating in a report on Wednesday, June 4th. Guggenheim dropped 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. The Goldman Sachs Group increased their price objective on Five Below from $122.00 to $135.00 and gave the company a "buy" rating in a research report on Wednesday, June 25th. Citigroup upped their target price on Five Below from $121.00 to $135.00 and gave the stock a "neutral" rating in a research note on Wednesday, June 4th. Finally, DA Davidson reduced their price target on shares of Five Below from $50.00 to $25.00 and set a "neutral" rating on the stock in a research report on Monday, April 14th. One equities research analyst has rated the stock with a sell rating, fifteen have assigned a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $113.30.

Insider Transactions at Five Below

In related news, insider George Hill sold 4,500 shares of the business's stock in a transaction dated Thursday, June 5th. The shares were sold at an average price of $132.93, for a total transaction of $598,185.00. Following the transaction, the insider owned 44,130 shares in the company, valued at $5,866,200.90. The trade was a 9.25% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Eric M. Specter sold 5,500 shares of Five Below stock in a transaction that occurred on Thursday, June 26th. The shares were sold at an average price of $130.77, for a total value of $719,235.00. Following the sale, the chief accounting officer directly owned 55,854 shares in the company, valued at approximately $7,304,027.58. The trade was a 8.96% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 11,700 shares of company stock valued at $1,530,209. Company insiders own 1.90% of the company's stock.

Five Below Price Performance

FIVE traded down $1.77 during midday trading on Wednesday, reaching $131.39. 1,562,097 shares of the company's stock traded hands, compared to its average volume of 2,066,850. Five Below, Inc. has a 52 week low of $52.38 and a 52 week high of $137.30. The firm has a fifty day moving average of $108.61 and a two-hundred day moving average of $93.94. The stock has a market capitalization of $7.23 billion, a price-to-earnings ratio of 27.55 and a beta of 1.04.

Five Below (NASDAQ:FIVE - Get Free Report) last posted its earnings results on Wednesday, June 4th. The specialty retailer reported $0.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.83 by $0.03. Five Below had a return on equity of 17.00% and a net margin of 6.52%. The firm had revenue of $970.53 million for the quarter, compared to analysts' expectations of $966.29 million. During the same period in the previous year, the firm earned $0.60 earnings per share. The business's revenue was up 19.5% compared to the same quarter last year. Sell-side analysts forecast that Five Below, Inc. will post 4.93 EPS for the current year.

About Five Below

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.