Five Below Inc. (FIVE) is Emerald Advisers Inc. PA’s 3rd Largest Position
Emerald Advisers Inc. PA raised its stake in shares of Five Below Inc. (NASDAQ:FIVE) by 0.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 719,299 shares of the company’s stock after buying an additional 2,490 shares during the period. Five Below comprises 1.6% of Emerald Advisers Inc. PA’s portfolio, making the stock its 3rd largest position. Emerald Advisers Inc. PA owned approximately 1.31% of Five Below worth $33,383,000 at the end of the most recent reporting period.
A number of other institutional investors have also modified their holdings of FIVE. Huntington National Bank increased its stake in Five Below by 5.4% in the second quarter. Huntington National Bank now owns 3,107 shares of the company’s stock valued at $144,000 after buying an additional 158 shares in the last quarter. 1st Global Advisors Inc. increased its stake in Five Below by 7.2% in the second quarter. 1st Global Advisors Inc. now owns 5,835 shares of the company’s stock valued at $271,000 after buying an additional 394 shares in the last quarter. Capstone Asset Management Co. increased its stake in Five Below by 3.9% in the second quarter. Capstone Asset Management Co. now owns 16,320 shares of the company’s stock valued at $757,000 after buying an additional 620 shares in the last quarter. Strs Ohio increased its stake in Five Below by 1.5% in the second quarter. Strs Ohio now owns 76,100 shares of the company’s stock valued at $3,531,000 after buying an additional 1,100 shares in the last quarter. Finally, Logan Capital Management Inc. increased its stake in Five Below by 15.0% in the first quarter. Logan Capital Management Inc. now owns 19,902 shares of the company’s stock valued at $823,000 after buying an additional 2,600 shares in the last quarter.
Shares of Five Below Inc. (NASDAQ:FIVE) traded down 0.58% on Tuesday, hitting $39.37. The stock had a trading volume of 644,603 shares. Five Below Inc. has a 12 month low of $26.95 and a 12 month high of $52.70. The stock has a 50 day moving average of $43.59 and a 200-day moving average of $43.78. The stock has a market cap of $2.16 billion, a PE ratio of 34.57 and a beta of 0.99.
Five Below (NASDAQ:FIVE) last announced its quarterly earnings data on Wednesday, August 31st. The company reported $0.18 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.17 by $0.01. The business earned $220.13 million during the quarter, compared to analysts’ expectations of $219.60 million. Five Below had a return on equity of 26.01% and a net margin of 6.93%. The firm’s quarterly revenue was up 20.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.13 earnings per share. Equities research analysts anticipate that Five Below Inc. will post $1.32 EPS for the current year.
Several research firms have recently commented on FIVE. Zacks Investment Research downgraded Five Below from a “buy” rating to a “hold” rating in a report on Monday. Citigroup Inc. restated a “neutral” rating on shares of Five Below in a report on Wednesday, June 8th. MKM Partners restated a “buy” rating and set a $60.00 price objective on shares of Five Below in a report on Tuesday, September 13th. Jefferies Group restated a “buy” rating and set a $55.00 price objective on shares of Five Below in a report on Thursday, September 1st. Finally, Royal Bank Of Canada boosted their price objective on Five Below from $53.00 to $54.00 and gave the company an “outperform” rating in a report on Thursday, September 1st. Eight equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of $47.50.
About Five Below
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. The Company’s product groups include leisure, fashion and home, and party and snack.
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