Five Below, Inc. (NASDAQ:FIVE) Shares Acquired by Pacifica Capital Investments LLC

Pacifica Capital Investments LLC boosted its stake in Five Below, Inc. (NASDAQ:FIVE) by 4.8% during the second quarter, Holdings Channel.com reports. The fund owned 497,488 shares of the specialty retailer’s stock after purchasing an additional 22,960 shares during the quarter. Five Below comprises 19.5% of Pacifica Capital Investments LLC’s investment portfolio, making the stock its 2nd biggest position. Pacifica Capital Investments LLC’s holdings in Five Below were worth $54,211,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in FIVE. International Assets Investment Management LLC acquired a new position in shares of Five Below during the fourth quarter valued at approximately $3,726,000. Victory Capital Management Inc. lifted its holdings in Five Below by 6.6% in the 4th quarter. Victory Capital Management Inc. now owns 26,250 shares of the specialty retailer’s stock valued at $5,595,000 after purchasing an additional 1,614 shares in the last quarter. Benjamin F. Edwards & Company Inc. boosted its stake in Five Below by 2,375.0% during the 4th quarter. Benjamin F. Edwards & Company Inc. now owns 1,782 shares of the specialty retailer’s stock worth $380,000 after purchasing an additional 1,710 shares during the last quarter. Private Advisor Group LLC purchased a new stake in shares of Five Below during the fourth quarter worth $405,000. Finally, Charles Schwab Investment Management Inc. raised its position in shares of Five Below by 2.8% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 404,671 shares of the specialty retailer’s stock valued at $86,260,000 after buying an additional 11,073 shares during the last quarter.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on FIVE. Craig Hallum raised shares of Five Below from a “hold” rating to a “buy” rating and dropped their price objective for the company from $108.00 to $102.00 in a research note on Thursday, August 29th. Loop Capital reduced their price objective on Five Below from $190.00 to $120.00 and set a “hold” rating on the stock in a research report on Friday, June 7th. StockNews.com cut Five Below from a “hold” rating to a “sell” rating in a report on Saturday, June 8th. Bank of America boosted their price target on shares of Five Below from $75.00 to $87.00 and gave the company a “neutral” rating in a research report on Thursday, August 29th. Finally, The Goldman Sachs Group cut their price objective on shares of Five Below from $124.00 to $106.00 and set a “buy” rating for the company in a research report on Thursday, August 29th. One analyst has rated the stock with a sell rating, thirteen have issued a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat.com, Five Below has an average rating of “Hold” and an average target price of $109.63.

Five Below Trading Up 1.9 %

Five Below stock traded up $1.43 during midday trading on Friday, reaching $77.48. 72,246 shares of the stock traded hands, compared to its average volume of 1,379,878. The firm has a market cap of $4.27 billion, a PE ratio of 14.30, a price-to-earnings-growth ratio of 1.15 and a beta of 1.19. The company has a 50-day simple moving average of $82.13 and a two-hundred day simple moving average of $130.85. Five Below, Inc. has a 12-month low of $64.87 and a 12-month high of $216.18.

Five Below (NASDAQ:FIVE) last announced its quarterly earnings data on Wednesday, June 5th. The specialty retailer reported $0.60 earnings per share for the quarter, missing analysts’ consensus estimates of $0.62 by ($0.02). The business had revenue of $811.86 million during the quarter, compared to analyst estimates of $834.29 million. Five Below had a net margin of 7.57% and a return on equity of 18.16%. The company’s revenue for the quarter was up 11.8% on a year-over-year basis. During the same quarter last year, the firm posted $0.67 EPS. Equities research analysts anticipate that Five Below, Inc. will post 4.54 earnings per share for the current 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.