Five Below, Inc. (NASDAQ:FIVE) Shares Acquired by Russell Investments Group Ltd.

Russell Investments Group Ltd. boosted its position in Five Below, Inc. (NASDAQ:FIVE - Free Report) by 34.5% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 66,821 shares of the specialty retailer's stock after purchasing an additional 17,125 shares during the quarter. Russell Investments Group Ltd. owned approximately 0.12% of Five Below worth $14,244,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in FIVE. Lindbrook Capital LLC increased its holdings in shares of Five Below by 4.7% during the fourth quarter. Lindbrook Capital LLC now owns 1,320 shares of the specialty retailer's stock valued at $281,000 after acquiring an additional 59 shares in the last quarter. Kestra Advisory Services LLC increased its stake in Five Below by 2.2% during the 3rd quarter. Kestra Advisory Services LLC now owns 3,103 shares of the specialty retailer's stock valued at $499,000 after purchasing an additional 67 shares in the last quarter. Vanguard Personalized Indexing Management LLC raised its holdings in shares of Five Below by 2.2% in the third quarter. Vanguard Personalized Indexing Management LLC now owns 3,270 shares of the specialty retailer's stock worth $526,000 after buying an additional 71 shares during the last quarter. Wealth Alliance lifted its stake in shares of Five Below by 3.7% during the fourth quarter. Wealth Alliance now owns 2,090 shares of the specialty retailer's stock worth $446,000 after buying an additional 75 shares during the period. Finally, Lmcg Investments LLC grew its holdings in shares of Five Below by 2.3% during the third quarter. Lmcg Investments LLC now owns 4,297 shares of the specialty retailer's stock valued at $691,000 after buying an additional 95 shares during the last quarter.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on FIVE. Barclays reduced their target price on Five Below from $225.00 to $214.00 and set an "overweight" rating for the company in a research note on Friday, March 22nd. Telsey Advisory Group decreased their target price on Five Below from $230.00 to $220.00 and set an "outperform" rating for the company in a report on Thursday, March 21st. Morgan Stanley cut their price target on shares of Five Below from $225.00 to $210.00 and set an "overweight" rating on the stock in a report on Thursday, March 21st. Mizuho assumed coverage on shares of Five Below in a research note on Tuesday, March 19th. They set a "buy" rating and a $225.00 price objective for the company. Finally, Craig Hallum cut their price objective on shares of Five Below from $195.00 to $187.00 and set a "hold" rating on the stock in a research note on Thursday, March 21st. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and thirteen have issued a buy rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $210.33.

Five Below Stock Performance

Shares of Five Below stock traded up $1.34 on Friday, hitting $144.81. The company's stock had a trading volume of 825,169 shares, compared to its average volume of 1,079,295. The company has a market capitalization of $8.00 billion, a price-to-earnings ratio of 26.72, a price-to-earnings-growth ratio of 1.15 and a beta of 1.21. Five Below, Inc. has a 1 year low of $140.19 and a 1 year high of $216.18. The firm has a fifty day moving average price of $175.69 and a 200-day moving average price of $184.45.

Five Below (NASDAQ:FIVE - Get Free Report) last posted its quarterly earnings data on Wednesday, March 20th. The specialty retailer reported $3.65 EPS for the quarter, missing analysts' consensus estimates of $3.78 by ($0.13). Five Below had a net margin of 8.46% and a return on equity of 20.80%. The business had revenue of $1.34 billion during the quarter, compared to analysts' expectations of $1.35 billion. During the same quarter last year, the firm earned $3.07 earnings per share. The firm's quarterly revenue was up 19.1% compared to the same quarter last year. As a group, analysts forecast that Five Below, Inc. will post 6.05 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.