Campbell & CO Investment Adviser LLC purchased a new stake in shares of Five Below, Inc. (NASDAQ:FIVE) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 5,141 shares of the specialty retailer’s stock, valued at approximately $254,000.

Several other large investors also recently made changes to their positions in the stock. First Mercantile Trust Co. raised its stake in shares of Five Below by 30.5% in the first quarter. First Mercantile Trust Co. now owns 2,310 shares of the specialty retailer’s stock valued at $100,000 after buying an additional 540 shares during the period. Independent Portfolio Consultants Inc. raised its stake in shares of Five Below by 14.4% in the first quarter. Independent Portfolio Consultants Inc. now owns 13,745 shares of the specialty retailer’s stock valued at $595,000 after buying an additional 1,730 shares during the period. State of Alaska Department of Revenue raised its stake in shares of Five Below by 2.4% in the first quarter. State of Alaska Department of Revenue now owns 6,080 shares of the specialty retailer’s stock valued at $263,000 after buying an additional 140 shares during the period. Rice Hall James & Associates LLC raised its stake in shares of Five Below by 17.1% in the first quarter. Rice Hall James & Associates LLC now owns 417,497 shares of the specialty retailer’s stock valued at $18,082,000 after buying an additional 60,908 shares during the period. Finally, DnB Asset Management AS bought a new stake in shares of Five Below during the first quarter valued at about $4,708,000.

Five Below, Inc. (FIVE) traded up 0.43% on Friday, hitting $48.50. 340,674 shares of the company were exchanged. The stock has a 50 day moving average of $47.96 and a 200 day moving average of $45.64. The company has a market capitalization of $2.67 billion, a price-to-earnings ratio of 36.49 and a beta of 0.94. Five Below, Inc. has a 52 week low of $35.03 and a 52 week high of $54.13.

Five Below (NASDAQ:FIVE) last announced its quarterly earnings data on Thursday, June 1st. The specialty retailer reported $0.15 EPS for the quarter, beating the consensus estimate of $0.14 by $0.01. The business had revenue of $232.90 million during the quarter, compared to analyst estimates of $230.75 million. Five Below had a return on equity of 24.02% and a net margin of 7.06%. The company’s revenue for the quarter was up 20.9% on a year-over-year basis. During the same quarter last year, the firm posted $0.12 earnings per share. Analysts predict that Five Below, Inc. will post $1.64 EPS for the current fiscal year.

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Several research firms recently commented on FIVE. Deutsche Bank AG reiterated a “hold” rating and set a $53.00 target price (up from $48.00) on shares of Five Below in a research report on Tuesday, May 30th. Guggenheim reiterated a “buy” rating and set a $60.00 target price (up from $52.00) on shares of Five Below in a research report on Saturday, June 3rd. Credit Suisse Group reiterated an “outperform” rating and set a $65.00 target price (up from $47.00) on shares of Five Below in a research report on Saturday, June 3rd. BTIG Research reiterated a “neutral” rating on shares of Five Below in a research report on Saturday, June 3rd. Finally, Morgan Stanley reiterated an “equal weight” rating and set a $47.00 target price (up from $40.00) on shares of Five Below in a research report on Saturday, June 3rd. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and twelve have assigned a buy rating to the company. Five Below has an average rating of “Buy” and an average target price of $53.74.

In other news, CFO Kenneth R. Bull sold 17,300 shares of Five Below stock in a transaction dated Thursday, June 8th. The stock was sold at an average price of $53.90, for a total value of $932,470.00. Following the completion of the transaction, the chief financial officer now owns 76,544 shares of the company’s stock, valued at approximately $4,125,721.60. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 3.22% of the stock is owned by insiders.

Five Below Company Profile

Five Below, Inc is a specialty retailer offering a range of merchandise for teen and pre-teen customer. The Company offers an assortment of products, including select brands and licensed merchandise across a range of categories, including Style, Room, Sports, Tech, Crafts, Party, Candy and Now. Its product groups include leisure, fashion and home, and party and snack.

Institutional Ownership by Quarter for Five Below (NASDAQ:FIVE)

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