Lindbrook Capital LLC Has $456,000 Stock Holdings in Five Below, Inc. (NASDAQ:FIVE)

Lindbrook Capital LLC raised its holdings in Five Below, Inc. (NASDAQ:FIVE) by 96.1% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 4,348 shares of the specialty retailer’s stock after buying an additional 2,131 shares during the quarter. Lindbrook Capital LLC’s holdings in Five Below were worth $456,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in FIVE. Brooklyn Investment Group acquired a new stake in shares of Five Below in the third quarter worth $30,000. Proficio Capital Partners LLC bought a new stake in Five Below in the 4th quarter valued at $31,000. UMB Bank n.a. boosted its holdings in Five Below by 156.9% in the 4th quarter. UMB Bank n.a. now owns 334 shares of the specialty retailer’s stock valued at $35,000 after purchasing an additional 204 shares during the period. Wilmington Savings Fund Society FSB acquired a new stake in Five Below in the 3rd quarter worth $42,000. Finally, R Squared Ltd bought a new position in shares of Five Below during the 4th quarter worth about $68,000.

Five Below Price Performance

FIVE stock opened at $85.76 on Friday. The business has a fifty day moving average price of $94.19 and a 200 day moving average price of $92.87. Five Below, Inc. has a fifty-two week low of $64.87 and a fifty-two week high of $212.01. The stock has a market capitalization of $4.72 billion, a price-to-earnings ratio of 17.68, a P/E/G ratio of 1.19 and a beta of 1.12.

Five Below (NASDAQ:FIVE) last issued its quarterly earnings data on Wednesday, December 4th. The specialty retailer reported $0.42 EPS for the quarter, topping analysts’ consensus estimates of $0.16 by $0.26. Five Below had a net margin of 7.02% and a return on equity of 18.03%. The firm had revenue of $843.71 million for the quarter, compared to analyst estimates of $801.48 million. During the same quarter in the prior year, the firm earned $0.26 EPS. The company’s revenue was up 14.6% on a year-over-year basis. On average, equities analysts expect that Five Below, Inc. will post 4.93 earnings per share for the current fiscal year.

Insider Activity

In other Five Below news, CAO Eric M. Specter sold 5,494 shares of the stock in a transaction on Thursday, January 16th. The stock was sold at an average price of $90.76, for a total value of $498,635.44. Following the transaction, the chief accounting officer now directly owns 57,267 shares in the company, valued at approximately $5,197,552.92. This trade represents a 8.75 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 1.90% of the stock is owned by insiders.

Analysts Set New Price Targets

FIVE has been the subject of several research reports. Craig Hallum increased their target price on shares of Five Below from $125.00 to $150.00 and gave the company a “buy” rating in a research note on Thursday, December 5th. William Blair reiterated a “market perform” rating on shares of Five Below in a research report on Monday, December 2nd. Wells Fargo & Company boosted their price objective on Five Below from $115.00 to $135.00 and gave the company an “overweight” rating in a research report on Thursday, December 5th. Morgan Stanley upped their target price on Five Below from $100.00 to $120.00 and gave the company an “equal weight” rating in a research note on Thursday, December 5th. Finally, Barclays lifted their price target on shares of Five Below from $90.00 to $100.00 and gave the stock an “equal weight” rating in a research note on Thursday, December 5th. Three research analysts have rated the stock with a sell rating, twelve have given a hold rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $111.32.

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.