Kennedy Capital Management Inc. raised its stake in shares of Five Below, Inc. (NASDAQ:FIVE) by 3.8% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 148,717 shares of the specialty retailer’s stock after buying an additional 5,512 shares during the quarter. Kennedy Capital Management Inc. owned about 0.27% of Five Below worth $7,342,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the business. Alps Advisors Inc. grew its holdings in Five Below by 0.3% during the 2nd quarter. Alps Advisors Inc. now owns 12,496 shares of the specialty retailer’s stock valued at $617,000 after buying an additional 32 shares during the last quarter. LS Investment Advisors LLC grew its holdings in Five Below by 0.8% during the 2nd quarter. LS Investment Advisors LLC now owns 4,732 shares of the specialty retailer’s stock valued at $234,000 after buying an additional 39 shares during the last quarter. First Mercantile Trust Co. grew its holdings in Five Below by 1.7% during the 2nd quarter. First Mercantile Trust Co. now owns 2,350 shares of the specialty retailer’s stock valued at $116,000 after buying an additional 40 shares during the last quarter. Renaissance Group LLC grew its holdings in Five Below by 1.2% during the 2nd quarter. Renaissance Group LLC now owns 7,927 shares of the specialty retailer’s stock valued at $391,000 after buying an additional 95 shares during the last quarter. Finally, Arizona State Retirement System grew its holdings in Five Below by 0.3% during the 2nd quarter. Arizona State Retirement System now owns 28,700 shares of the specialty retailer’s stock valued at $1,417,000 after buying an additional 100 shares during the last quarter.

Five Below, Inc. (FIVE) opened at 49.96 on Tuesday. The company has a 50 day moving average price of $48.67 and a 200 day moving average price of $47.14. Five Below, Inc. has a 12 month low of $35.03 and a 12 month high of $54.13. The stock has a market capitalization of $2.75 billion, a price-to-earnings ratio of 37.59 and a beta of 0.93.

Five Below (NASDAQ:FIVE) last posted its quarterly earnings results on Wednesday, August 30th. The specialty retailer reported $0.30 EPS for the quarter, beating the consensus estimate of $0.26 by $0.04. Five Below had a net margin of 7.29% and a return on equity of 24.37%. The business had revenue of $283.30 million for the quarter, compared to analysts’ expectations of $276.37 million. During the same period in the previous year, the company posted $0.18 EPS. Five Below’s revenue was up 28.7% on a year-over-year basis. Equities research analysts predict that Five Below, Inc. will post $1.67 earnings per share for the current year.

A number of brokerages have commented on FIVE. Zacks Investment Research upgraded Five Below from a “hold” rating to a “buy” rating and set a $55.00 target price on the stock in a report on Thursday, September 7th. Buckingham Research reiterated a “buy” rating and set a $62.00 target price on shares of Five Below in a report on Friday, September 1st. Jefferies Group LLC reiterated a “buy” rating and set a $62.00 target price on shares of Five Below in a report on Thursday, August 31st. Deutsche Bank AG reiterated a “hold” rating and set a $54.00 target price (up previously from $53.00) on shares of Five Below in a report on Thursday, August 31st. Finally, Royal Bank Of Canada increased their target price on Five Below from $56.00 to $57.00 and gave the company an “outperform” rating in a report on Thursday, August 31st. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and fourteen have issued a buy rating to the company. The company has a consensus rating of “Buy” and an average target price of $54.74.

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Five Below Company Profile

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. Its product groups include leisure, fashion and home, and party and snack.

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

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