UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Boosts Position in Five Below, Inc. (NASDAQ:FIVE)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in shares of Five Below, Inc. (NASDAQ:FIVE - Free Report) by 15.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 162,893 shares of the specialty retailer's stock after acquiring an additional 21,867 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.30% of Five Below worth $17,097,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also bought and sold shares of FIVE. Proficio Capital Partners LLC purchased a new stake in shares of Five Below during the fourth quarter valued at $31,000. Coppell Advisory Solutions LLC boosted its stake in shares of Five Below by 143.8% during the fourth quarter. Coppell Advisory Solutions LLC now owns 429 shares of the specialty retailer's stock valued at $45,000 after purchasing an additional 253 shares during the period. EverSource Wealth Advisors LLC boosted its stake in shares of Five Below by 2,936.8% during the fourth quarter. EverSource Wealth Advisors LLC now owns 577 shares of the specialty retailer's stock valued at $61,000 after purchasing an additional 558 shares during the period. R Squared Ltd purchased a new stake in shares of Five Below during the fourth quarter valued at $68,000. Finally, Lazard Asset Management LLC purchased a new stake in shares of Five Below during the fourth quarter valued at $99,000.

Wall Street Analyst Weigh In

FIVE has been the subject of a number of recent analyst reports. Evercore ISI boosted their target price on shares of Five Below from $94.00 to $98.00 and gave the company an "in-line" rating in a research note on Wednesday. Mizuho lowered their target price on shares of Five Below from $105.00 to $88.00 and set a "neutral" rating for the company in a research note on Thursday, March 20th. Citigroup upped their price objective on shares of Five Below from $80.00 to $121.00 and gave the stock a "neutral" rating in a research note on Tuesday. Telsey Advisory Group upped their price objective on shares of Five Below from $85.00 to $90.00 and gave the stock a "market perform" rating in a research note on Friday, May 2nd. Finally, Loop Capital upped their price objective on shares of Five Below from $85.00 to $90.00 and gave the stock a "hold" rating in a research note on Monday, May 5th. One analyst has rated the stock with a sell rating, fifteen have issued a hold rating and six have given a buy rating to the company's stock. According to MarketBeat.com, Five Below presently has a consensus rating of "Hold" and a consensus price target of $99.15.

Five Below Trading Down 0.8%

FIVE stock traded down $0.97 during midday trading on Friday, reaching $115.70. The stock had a trading volume of 1,510,794 shares, compared to its average volume of 2,094,576. Five Below, Inc. has a 52-week low of $52.38 and a 52-week high of $141.70. The company has a market cap of $6.37 billion, a price-to-earnings ratio of 23.86, a price-to-earnings-growth ratio of 1.19 and a beta of 0.87. The company's fifty day simple moving average is $82.65 and its 200 day simple moving average is $89.55.

Five Below (NASDAQ:FIVE - Get Free Report) last issued 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. Five Below had a return on equity of 18.03% and a net margin of 7.02%. The business had revenue of $1.39 billion during the quarter, compared to the consensus estimate of $1.38 billion. During the same period last year, the company earned $3.65 EPS. The company's revenue for the quarter was up 4.0% on a year-over-year basis. Sell-side analysts predict that Five Below, Inc. will post 4.93 EPS for the current year.

Insider Buying and Selling

In other news, EVP Ronald James Masciantonio sold 584 shares of Five Below stock in a transaction dated Monday, March 24th. The stock was 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 in the company, valued at approximately $987,830.32. This trade represents a 4.41% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 1.90% of the company's stock.

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.