Teza Capital Management LLC Makes New $787,000 Investment in Five Below, Inc. (NASDAQ:FIVE)

Teza Capital Management LLC acquired a new position in Five Below, Inc. (NASDAQ:FIVE - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 7,494 shares of the specialty retailer's stock, valued at approximately $787,000.

Several other hedge funds have also recently made changes to their positions in FIVE. Steadfast Capital Management LP bought a new stake in Five Below in the 4th quarter valued at about $123,601,000. Marshall Wace LLP increased its position in Five Below by 86.0% in 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 valued at about $66,933,000. Alliancebernstein L.P. increased 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 valued at $59,480,000 after buying an additional 470,150 shares in the last quarter. Finally, Man Group plc increased its position in Five Below by 399.5% in the 4th quarter. Man Group plc now owns 562,902 shares of the specialty retailer's stock valued at $59,082,000 after buying an additional 450,215 shares in the last quarter.

Five Below Trading Up 2.3%

Shares of NASDAQ FIVE opened at $108.94 on Tuesday. The stock has a fifty day simple moving average of $76.04 and a two-hundred day simple moving average of $88.07. Five Below, Inc. has a 1-year low of $52.38 and a 1-year high of $141.70. The firm has a market cap of $6.00 billion, a price-to-earnings ratio of 22.46, a price-to-earnings-growth ratio of 1.19 and a beta of 0.87.

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

Insiders Place Their Bets

In related news, EVP Ronald James Masciantonio sold 584 shares of the stock in a transaction 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 sale, the executive vice president now owns 12,658 shares in the company, valued at approximately $987,830.32. This trade represents a 4.41% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 1.90% of the company's stock.

Wall Street Analysts Forecast Growth

FIVE has been the subject of several analyst reports. The Goldman Sachs Group increased their price objective on Five Below from $94.00 to $107.00 and gave the stock a "buy" rating in a research note on Monday. StockNews.com raised Five Below from a "sell" rating to a "hold" rating in a research note on Monday, March 24th. JPMorgan Chase & Co. increased their price objective on Five Below from $57.00 to $80.00 and gave the stock a "neutral" rating in a research note on Friday, May 2nd. Bank of America lowered their price objective on Five Below from $88.00 to $75.00 and set an "underperform" rating for the company in a research note on Thursday, March 20th. Finally, Telsey Advisory Group increased their price objective on Five Below from $85.00 to $90.00 and gave the stock a "market perform" rating in a research note on Friday, May 2nd. 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 stock. According to data from MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of $97.50.

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.

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