Charles Schwab Investment Management Inc. Boosts Stock Holdings in Five Below, Inc. (NASDAQ:FIVE)

Charles Schwab Investment Management Inc. increased its position in shares of Five Below, Inc. (NASDAQ:FIVE - Free Report) by 2.8% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 404,671 shares of the specialty retailer's stock after buying an additional 11,073 shares during the quarter. Charles Schwab Investment Management Inc. owned about 0.73% of Five Below worth $86,260,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the business. Planned Solutions Inc. purchased a new stake in Five Below during the fourth quarter worth about $34,000. CVA Family Office LLC acquired a new stake in Five Below during the 4th quarter worth approximately $36,000. Covestor Ltd lifted its holdings in Five Below by 32.0% during the 3rd quarter. Covestor Ltd now owns 450 shares of the specialty retailer's stock worth $73,000 after buying an additional 109 shares in the last quarter. GAMMA Investing LLC purchased a new position in Five Below in the 4th quarter valued at approximately $140,000. Finally, Annapolis Financial Services LLC grew its stake in shares of Five Below by 39.4% in the fourth quarter. Annapolis Financial Services LLC now owns 707 shares of the specialty retailer's stock worth $151,000 after acquiring an additional 200 shares in the last quarter.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the company. Mizuho initiated coverage on Five Below in a research report on Tuesday, March 19th. They issued a "buy" rating and a $225.00 price target on the stock. StockNews.com upgraded Five Below from a "sell" rating to a "hold" rating in a research note on Monday. Gordon Haskett lowered Five Below from a "buy" rating to an "accumulate" rating and dropped their price objective for the stock from $210.00 to $200.00 in a report on Wednesday, April 3rd. Barclays reduced their target price on Five Below from $225.00 to $214.00 and set an "overweight" rating for the company in a report on Friday, March 22nd. Finally, Morgan Stanley dropped their price target on Five Below from $225.00 to $210.00 and set an "overweight" rating on the stock in a research note on Thursday, March 21st. Five analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company. According to data from MarketBeat, Five Below presently has an average rating of "Moderate Buy" and a consensus price target of $210.33.

Five Below Trading Up 1.4 %

Shares of FIVE traded up $1.96 during mid-day trading on Tuesday, hitting $141.99. The company's stock had a trading volume of 761,041 shares, compared to its average volume of 874,478. The firm has a 50-day simple moving average of $167.56 and a 200 day simple moving average of $182.97. The firm has a market capitalization of $7.84 billion, a P/E ratio of 26.20, a P/E/G ratio of 1.12 and a beta of 1.21. Five Below, Inc. has a 1-year low of $139.16 and a 1-year high of $216.18.

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

Five Below 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.