Versor Investments LP Invests $267,000 in Five Below, Inc. (NASDAQ:FIVE)

Versor Investments LP bought a new stake in Five Below, Inc. (NASDAQ:FIVE) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 2,544 shares of the specialty retailer’s stock, valued at approximately $267,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in FIVE. State Street Corp increased its stake in shares of Five Below by 1.9% in the 3rd quarter. State Street Corp now owns 1,662,313 shares of the specialty retailer’s stock valued at $146,865,000 after acquiring an additional 31,520 shares during the last quarter. Geode Capital Management LLC grew its holdings in Five Below by 1.2% during the third quarter. Geode Capital Management LLC now owns 979,489 shares of the specialty retailer’s stock valued at $86,559,000 after purchasing an additional 11,504 shares during the period. Atreides Management LP bought a new stake in Five Below in the third quarter valued at approximately $68,649,000. Two Sigma Advisers LP acquired a new stake in Five Below in the third quarter worth $64,981,000. Finally, Stephens Investment Management Group LLC boosted its position in shares of Five Below by 39.5% during the fourth quarter. Stephens Investment Management Group LLC now owns 618,372 shares of the specialty retailer’s stock worth $64,904,000 after purchasing an additional 175,131 shares in the last quarter.

Five Below Stock Performance

FIVE opened at $84.22 on Tuesday. The stock has a fifty day moving average of $95.12 and a 200-day moving average of $92.88. The company has a market capitalization of $4.63 billion, a P/E ratio of 17.36, a P/E/G ratio of 1.19 and a beta of 1.12. Five Below, Inc. has a fifty-two week low of $64.87 and a fifty-two week high of $212.01.

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

Insider Activity at Five Below

In other Five Below news, CAO Eric M. Specter sold 5,494 shares of Five Below 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 completion of the transaction, the chief accounting officer now directly owns 57,267 shares of the company’s stock, valued at $5,197,552.92. The trade was a 8.75 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 1.90% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of analysts recently commented on FIVE shares. Wells Fargo & Company upped their price objective on shares of Five Below from $115.00 to $135.00 and gave the company an “overweight” rating in a research report on Thursday, December 5th. William Blair restated a “market perform” rating on shares of Five Below in a report on Monday, December 2nd. The Goldman Sachs Group lifted their price objective on Five Below from $106.00 to $122.00 and gave the company a “buy” rating in a report on Friday, December 6th. Telsey Advisory Group reissued a “market perform” rating and set a $115.00 target price on shares of Five Below in a research note on Tuesday, January 14th. Finally, JPMorgan Chase & Co. cut their price target on shares of Five Below from $107.00 to $102.00 and set an “underweight” rating on the stock in a research note on Thursday, January 16th. Three analysts have rated the stock with a sell rating, twelve have given a hold rating and six have given a buy rating to the company’s stock. According to data from MarketBeat.com, Five Below currently has a consensus rating of “Hold” and a consensus 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.