Northern Trust Corp raised its holdings in Five Below, Inc. (NASDAQ:FIVE) by 2.5% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 820,304 shares of the specialty retailer’s stock after purchasing an additional 19,980 shares during the quarter. Northern Trust Corp owned 1.49% of Five Below worth $40,498,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of FIVE. First Trust Advisors LP raised its position in Five Below by 95.0% in the first quarter. First Trust Advisors LP now owns 39,114 shares of the specialty retailer’s stock valued at $1,694,000 after purchasing an additional 19,051 shares during the period. Karp Capital Management Corp purchased a new stake in Five Below in the first quarter valued at $514,000. Sei Investments Co. purchased a new stake in Five Below in the first quarter valued at $716,000. Oxford Asset Management purchased a new stake in Five Below in the first quarter valued at $497,000. Finally, Ameritas Investment Partners Inc. purchased a new stake in Five Below in the first quarter valued at $200,000.

FIVE has been the topic of a number of research analyst reports. Deutsche Bank AG restated a “hold” rating and issued a $54.00 target price (up previously from $53.00) on shares of Five Below in a research report on Thursday, August 31st. UBS AG downgraded Five Below from a “buy” rating to a “neutral” rating and reduced their target price for the company from $59.00 to $52.00 in a research report on Monday, July 10th. Royal Bank Of Canada lifted their target price on Five Below from $56.00 to $57.00 and gave the company an “outperform” rating in a research report on Thursday, August 31st. Zacks Investment Research upgraded Five Below from a “hold” rating to a “buy” rating and set a $55.00 target price on the stock in a research report on Thursday, September 7th. Finally, BidaskClub downgraded Five Below from a “buy” rating to a “hold” rating in a research report on Wednesday, July 12th. One analyst has rated the stock with a sell rating, six have assigned a hold rating, twelve have issued a buy rating and one has issued a strong buy rating to the company’s stock. The company has an average rating of “Buy” and an average price target of $54.41.

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In related news, insider Thomas Vellios sold 142,573 shares of the stock in a transaction on Monday, October 2nd. The stock was sold at an average price of $55.13, for a total value of $7,860,049.49. Following the completion of the sale, the insider now directly owns 757,823 shares in the company, valued at approximately $41,778,781.99. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 3.22% of the stock is currently owned by corporate insiders.

Shares of Five Below, Inc. (NASDAQ FIVE) opened at 55.98 on Thursday. Five Below, Inc. has a 52 week low of $35.03 and a 52 week high of $57.65. The stock has a 50 day moving average price of $51.55 and a 200-day moving average price of $49.28. The firm has a market capitalization of $3.09 billion, a PE ratio of 38.66 and a beta of 0.90.

Five Below (NASDAQ:FIVE) last announced its quarterly earnings results on Wednesday, August 30th. The specialty retailer reported $0.30 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.26 by $0.04. Five Below had a return on equity of 24.37% and a net margin of 7.29%. The firm had revenue of $283.30 million during the quarter, compared to the consensus estimate of $276.37 million. During the same period in the prior year, the firm earned $0.18 EPS. The firm’s quarterly revenue was up 28.7% compared to the same quarter last year. Equities analysts anticipate that Five Below, Inc. will post $1.67 earnings per share for the current year.

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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