Five Below, Inc. (NASDAQ:FIVE) Stock Holdings Trimmed by Ameriprise Financial Inc.

Ameriprise Financial Inc. trimmed its stake in shares of Five Below, Inc. (NASDAQ:FIVE - Free Report) by 13.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 782,805 shares of the specialty retailer's stock after selling 117,925 shares during the quarter. Ameriprise Financial Inc. owned 1.42% of Five Below worth $82,163,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of FIVE. Algert Global LLC boosted its position in shares of Five Below by 8.4% during the 4th quarter. Algert Global LLC now owns 28,010 shares of the specialty retailer's stock worth $2,940,000 after acquiring an additional 2,180 shares in the last quarter. Caisse DE Depot ET Placement DU Quebec acquired a new position in shares of Five Below during the 4th quarter worth about $6,665,000. Comerica Bank boosted its position in shares of Five Below by 49.6% during the 4th quarter. Comerica Bank now owns 32,882 shares of the specialty retailer's stock worth $3,451,000 after acquiring an additional 10,896 shares in the last quarter. PDT Partners LLC acquired a new position in shares of Five Below during the 4th quarter worth about $315,000. Finally, Schonfeld Strategic Advisors LLC boosted its position in shares of Five Below by 7,542.3% during the 4th quarter. Schonfeld Strategic Advisors LLC now owns 287,351 shares of the specialty retailer's stock worth $30,160,000 after acquiring an additional 283,591 shares in the last quarter.

Five Below Stock Down 1.7%

Shares of FIVE traded down $1.80 on Tuesday, reaching $101.69. The stock had a trading volume of 2,364,873 shares, compared to its average volume of 2,057,381. Five Below, Inc. has a twelve month low of $52.38 and a twelve month high of $145.00. The firm has a market capitalization of $5.60 billion, a PE ratio of 20.97, a PEG ratio of 1.19 and a beta of 0.87. The firm has a 50-day moving average of $73.40 and a 200 day moving average of $87.64.

Five Below (NASDAQ:FIVE - Get Free Report) last issued its quarterly earnings results on Wednesday, March 19th. The specialty retailer reported $3.48 earnings per share 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 company had revenue of $1.39 billion for the quarter, compared to analyst estimates of $1.38 billion. During the same quarter in the prior year, the company posted $3.65 EPS. The business's revenue for the quarter was up 4.0% compared to the same quarter last year. On average, sell-side analysts anticipate that Five Below, Inc. will post 4.93 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research analysts have recently issued reports on FIVE shares. Barclays lowered their price objective on Five Below from $100.00 to $93.00 and set an "equal weight" rating for the company in a research report on Thursday, March 20th. JPMorgan Chase & Co. upped their price objective on Five Below from $57.00 to $80.00 and gave the stock a "neutral" rating in a research report on Friday, May 2nd. Morgan Stanley reissued an "equal weight" rating on shares of Five Below in a report on Thursday, March 20th. Bank of America reduced their target price on Five Below from $88.00 to $75.00 and set an "underperform" rating for the company in a report on Thursday, March 20th. Finally, Evercore ISI reduced their target price on Five Below from $93.00 to $90.00 and set an "in-line" rating for the company in a report on Tuesday, April 1st. One investment 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 data from MarketBeat.com, Five Below presently has a consensus rating of "Hold" and a consensus target price of $97.25.

Insider Buying and Selling

In other news, EVP Ronald James Masciantonio sold 584 shares of the firm's stock in a transaction dated Monday, March 24th. The stock was sold at an average price of $78.04, for a total transaction of $45,575.36. Following the completion of the sale, the executive vice president now directly owns 12,658 shares in the company, valued at $987,830.32. This trade represents a 4.41% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 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.