Five Below, Inc. (NASDAQ:FIVE) Shares Sold by Coldstream Capital Management Inc.

Coldstream Capital Management Inc. reduced its stake in shares of Five Below, Inc. (NASDAQ:FIVE) by 40.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,557 shares of the specialty retailer’s stock after selling 1,751 shares during the quarter. Coldstream Capital Management Inc.’s holdings in Five Below were worth $226,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Geode Capital Management LLC grew its holdings in shares of Five Below by 1.2% during the third quarter. Geode Capital Management LLC now owns 979,489 shares of the specialty retailer’s stock worth $86,559,000 after purchasing an additional 11,504 shares during the last quarter. Prestige Wealth Management Group LLC purchased a new position in Five Below during the 3rd quarter worth approximately $522,000. Bullseye Asset Management LLC increased its position in Five Below by 9.4% during the third quarter. Bullseye Asset Management LLC now owns 35,007 shares of the specialty retailer’s stock worth $3,093,000 after buying an additional 3,000 shares during the period. M&T Bank Corp increased its position in Five Below by 30.6% during the third quarter. M&T Bank Corp now owns 5,965 shares of the specialty retailer’s stock worth $527,000 after buying an additional 1,399 shares during the period. Finally, Peloton Wealth Strategists raised its position in Five Below by 7.3% in the 3rd quarter. Peloton Wealth Strategists now owns 7,320 shares of the specialty retailer’s stock valued at $647,000 after purchasing an additional 500 shares during the last quarter.

Analysts Set New Price Targets

Several research analysts have issued reports on FIVE shares. Morgan Stanley raised their price objective on shares of Five Below from $100.00 to $120.00 and gave the stock an “equal weight” rating in a research report on Thursday, December 5th. Gordon Haskett raised Five Below from a “hold” rating to a “buy” rating and set a $120.00 price target on the stock in a report on Thursday, November 7th. UBS Group reduced their price objective on Five Below from $120.00 to $108.00 and set a “buy” rating for the company in a research note on Wednesday, August 21st. Guggenheim lifted their target price on Five Below from $125.00 to $140.00 and gave the company a “buy” rating in a research note on Thursday, December 5th. Finally, Evercore ISI upped their price target on Five Below from $100.00 to $104.00 and gave the stock an “in-line” rating in a research note on Tuesday, October 22nd. Three equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and six have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $116.15.

Five Below Trading Up 1.0 %

FIVE stock opened at $105.00 on Tuesday. The company has a market cap of $5.78 billion, a price-to-earnings ratio of 21.65, a PEG ratio of 1.12 and a beta of 1.18. The firm has a 50 day moving average of $93.81 and a 200-day moving average of $93.04. Five Below, Inc. has a 12-month low of $64.87 and a 12-month high of $216.18.

Five Below (NASDAQ:FIVE) last issued its quarterly earnings data on Wednesday, December 4th. The specialty retailer reported $0.42 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.16 by $0.26. The firm had revenue of $843.71 million during the quarter, compared to analysts’ expectations of $801.48 million. Five Below had a return on equity of 18.03% and a net margin of 7.02%. Five Below’s revenue was up 14.6% on a year-over-year basis. During the same period in the previous year, the firm posted $0.26 earnings per share. Sell-side analysts forecast that Five Below, Inc. will post 4.94 earnings per share for the current fiscal year.

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.