Oregon Public Employees Retirement Fund Lowers Position in Five Below Inc (NASDAQ:FIVE)

Oregon Public Employees Retirement Fund decreased its stake in Five Below Inc (NASDAQ:FIVE) by 7.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 21,105 shares of the specialty retailer’s stock after selling 1,670 shares during the period. Oregon Public Employees Retirement Fund’s holdings in Five Below were worth $2,698,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Sandy Spring Bank acquired a new stake in shares of Five Below in the third quarter valued at about $25,000. Squar Milner Financial Services LLC lifted its stake in shares of Five Below by 404.5% in the third quarter. Squar Milner Financial Services LLC now owns 222 shares of the specialty retailer’s stock valued at $27,000 after purchasing an additional 178 shares during the period. CWM LLC lifted its stake in shares of Five Below by 80.5% in the fourth quarter. CWM LLC now owns 287 shares of the specialty retailer’s stock valued at $37,000 after purchasing an additional 128 shares during the period. Tompkins Financial Corp acquired a new stake in shares of Five Below in the third quarter valued at about $38,000. Finally, Aigen Investment Management LP acquired a new stake in shares of Five Below in the fourth quarter valued at about $47,000. Hedge funds and other institutional investors own 96.93% of the company’s stock.

Shares of FIVE opened at $115.69 on Friday. The company has a current ratio of 1.57, a quick ratio of 0.52 and a debt-to-equity ratio of 1.22. The stock has a market cap of $6.40 billion, a P/E ratio of 44.03, a PEG ratio of 1.30 and a beta of 0.41. The company has a 50-day moving average of $118.55 and a two-hundred day moving average of $121.88. Five Below Inc has a 12-month low of $95.52 and a 12-month high of $148.21.

Five Below (NASDAQ:FIVE) last announced its earnings results on Wednesday, December 4th. The specialty retailer reported $0.18 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.17 by $0.01. The company had revenue of $377.40 million during the quarter, compared to analysts’ expectations of $373.64 million. Five Below had a net margin of 8.74% and a return on equity of 23.01%. The firm’s quarterly revenue was up 20.7% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.24 earnings per share. As a group, analysts forecast that Five Below Inc will post 3 EPS for the current fiscal year.

FIVE has been the subject of several recent analyst reports. Morgan Stanley reduced their price objective on shares of Five Below from $147.00 to $145.00 and set an “overweight” rating for the company in a research note on Tuesday, January 14th. Barclays reduced their price objective on shares of Five Below from $130.00 to $115.00 and set an “equal weight” rating for the company in a research note on Tuesday, January 14th. Craig Hallum reduced their price objective on shares of Five Below from to and set a “buy” rating for the company in a research note on Tuesday, January 14th. Bank of America reiterated a “buy” rating and issued a $150.00 price objective on shares of Five Below in a research note on Thursday, December 5th. Finally, BidaskClub cut shares of Five Below from a “sell” rating to a “strong sell” rating in a research note on Tuesday. One investment analyst has rated the stock with a sell rating, five have given a hold rating, fifteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus price target of $138.84.

In other news, EVP David N. Makuen sold 5,000 shares of the business’s stock in a transaction that occurred on Friday, January 24th. The shares were sold at an average price of $118.23, for a total value of $591,150.00. Following the completion of the transaction, the executive vice president now owns 20,148 shares of the company’s stock, valued at $2,382,098.04. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Insiders own 2.50% of the company’s stock.

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 nail polishes, lip glosses, fragrances, 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 d├ęcor, 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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