Interval Partners LP Invests $7.35 Million in Five Below, Inc. (NASDAQ:FIVE)

Interval Partners LP bought a new position in shares of Five Below, Inc. (NASDAQ:FIVE - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 70,000 shares of the specialty retailer's stock, valued at approximately $7,347,000. Interval Partners LP owned 0.13% of Five Below as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the stock. Gradient Investments LLC grew its position in shares of Five Below by 0.7% during the 4th quarter. Gradient Investments LLC now owns 15,875 shares of the specialty retailer's stock valued at $1,666,000 after acquiring an additional 111 shares during the period. Bank of Montreal Can boosted its position in Five Below by 1.0% during the fourth quarter. Bank of Montreal Can now owns 12,172 shares of the specialty retailer's stock worth $1,278,000 after purchasing an additional 123 shares in the last quarter. Treasurer of the State of North Carolina boosted its position in Five Below by 0.6% during the fourth quarter. Treasurer of the State of North Carolina now owns 23,902 shares of the specialty retailer's stock worth $2,509,000 after purchasing an additional 150 shares in the last quarter. Sterling Capital Management LLC grew its holdings in Five Below by 13.1% in the fourth quarter. Sterling Capital Management LLC now owns 1,366 shares of the specialty retailer's stock valued at $143,000 after purchasing an additional 158 shares during the period. Finally, Cornerstone Investment Partners LLC increased its position in shares of Five Below by 3.5% in the fourth quarter. Cornerstone Investment Partners LLC now owns 4,732 shares of the specialty retailer's stock valued at $497,000 after buying an additional 162 shares in the last quarter.

Five Below Stock Down 0.9%

NASDAQ:FIVE opened at $85.25 on Monday. Five Below, Inc. has a 52 week low of $52.38 and a 52 week high of $145.00. The stock's fifty day moving average is $73.04 and its two-hundred day moving average is $87.53. The company has a market capitalization of $4.69 billion, a P/E ratio of 17.58, a P/E/G ratio of 1.19 and a beta of 0.87.

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. Sell-side analysts anticipate that Five Below, Inc. will post 4.93 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

FIVE has been the topic of a number of recent analyst reports. 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. UBS Group decreased their price objective on shares of Five Below from $150.00 to $110.00 and set a "buy" rating on the stock in a report on Thursday, March 20th. StockNews.com raised shares of Five Below from a "sell" rating to a "hold" rating in a research note on Monday, March 24th. Barclays reduced their price target on shares of 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. Finally, Bank of America lowered their price objective on Five Below from $88.00 to $75.00 and set an "underperform" rating on the stock in a report on Thursday, March 20th. One investment analyst has rated the stock with a sell rating, fifteen have given a hold rating and six have given a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $97.25.

Insider Transactions at Five Below

In other Five Below news, EVP Ronald James Masciantonio sold 584 shares of the business's stock in a transaction dated Monday, March 24th. The shares were sold at an average price of $78.04, for a total transaction of $45,575.36. Following the sale, the executive vice president now directly owns 12,658 shares in the company, valued at $987,830.32. This represents a 4.41% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 1.90% of the company's stock.

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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