UMB Bank N A MO Buys Shares of 1,938 Five Below Inc (FIVE)

UMB Bank N A MO acquired a new stake in shares of Five Below Inc (NASDAQ:FIVE) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 1,938 shares of the specialty retailer’s stock, valued at approximately $252,000.

Several other institutional investors and hedge funds also recently bought and sold shares of FIVE. Commonwealth Equity Services LLC boosted its position in shares of Five Below by 186.0% in the first quarter. Commonwealth Equity Services LLC now owns 10,187 shares of the specialty retailer’s stock worth $747,000 after acquiring an additional 6,625 shares during the last quarter. Legal & General Group Plc lifted its holdings in shares of Five Below by 2.2% during the 1st quarter. Legal & General Group Plc now owns 113,254 shares of the specialty retailer’s stock valued at $8,206,000 after acquiring an additional 2,400 shares in the last quarter. Xact Kapitalforvaltning AB lifted its stake in shares of Five Below by 52.6% during the first quarter. Xact Kapitalforvaltning AB now owns 8,409 shares of the specialty retailer’s stock worth $617,000 after purchasing an additional 2,900 shares in the last quarter. WINTON GROUP Ltd acquired a new position in Five Below during the 1st quarter worth approximately $639,000. Finally, Summit Trail Advisors LLC lifted its position in shares of Five Below by 6,021.0% during the first quarter. Summit Trail Advisors LLC now owns 114,769 shares of the specialty retailer’s stock worth $115,000 after purchasing an additional 112,894 shares in the last quarter.

In other Five Below news, insider David N. Makuen sold 12,000 shares of Five Below stock in a transaction dated Thursday, October 18th. The stock was sold at an average price of $116.43, for a total transaction of $1,397,160.00. Following the transaction, the insider now owns 20,863 shares of the company’s stock, valued at approximately $2,429,079.09. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Daniel Kaufman sold 3,995 shares of Five Below stock in a transaction dated Tuesday, September 11th. The shares were sold at an average price of $133.18, for a total value of $532,054.10. Following the transaction, the director now directly owns 5,047 shares in the company, valued at approximately $672,159.46. The disclosure for this sale can be found here. Insiders sold a total of 19,303 shares of company stock worth $2,346,022 in the last ninety days. Corporate insiders own 2.60% of the company’s stock.



Several research firms recently commented on FIVE. Gordon Haskett cut Five Below from an “accumulate” rating to a “hold” rating in a research note on Wednesday, July 25th. They noted that the move was a valuation call. BidaskClub raised shares of Five Below from a “buy” rating to a “strong-buy” rating in a report on Thursday, June 28th. Credit Suisse Group increased their target price on shares of Five Below from $96.00 to $110.00 and gave the stock an “outperform” rating in a report on Tuesday, July 10th. Loop Capital increased their price target on Five Below to $100.00 and gave the stock a “hold” rating in a research report on Tuesday, July 17th. Finally, Dougherty & Co lowered Five Below from a “buy” rating to a “neutral” rating in a research report on Wednesday, September 5th. They noted that the move was a valuation call. Eight research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and an average target price of $115.44.

Five Below stock opened at $112.16 on Friday. Five Below Inc has a 52 week low of $54.71 and a 52 week high of $136.13. The stock has a market cap of $6.47 billion, a price-to-earnings ratio of 62.66, a P/E/G ratio of 1.53 and a beta of 0.44.

Five Below (NASDAQ:FIVE) last issued its quarterly earnings results on Thursday, September 6th. The specialty retailer reported $0.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.38 by $0.04. The company had revenue of $347.73 million for the quarter, compared to analysts’ expectations of $334.82 million. Five Below had a return on equity of 25.97% and a net margin of 8.83%. The firm’s revenue for the quarter was up 22.7% on a year-over-year basis. During the same period last year, the firm earned $0.30 EPS. Equities research analysts forecast that Five Below Inc will post 2.54 earnings per share for the current year.

Five Below Company Profile

Five Below, Inc operates as a specialty value retailer in the United States. It offers accessories, including novelty socks, sunglasses, jewelry, scarves, gloves, hair accessories, athletic tops and bottoms, and T-shirts, as well as beauty products comprising nail polish, lip gloss, fragrance, and branded cosmetics; and items used to complete and personalize living space, including glitter lamps, posters, frames, fleece blankets, plush items, pillows, candles, incense, lighting, novelty décor, and related items, as well as provides storage options for the customers room.

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

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