Susquehanna Fundamental Investments LLC Invests $2.30 Million in Five Below, Inc. $FIVE

Susquehanna Fundamental Investments LLC acquired a new stake in Five Below, Inc. (NASDAQ:FIVE) during the 2nd quarter, Holdings Channel reports. The institutional investor acquired 12,800 shares of the specialty retailer’s stock, valued at approximately $2,301,000.

Other institutional investors have also modified their holdings of the company. Two Sigma Securities LLC purchased a new position in Five Below in the second quarter valued at approximately $1,367,000. Alyeska Investment Group L.P. lifted its position in Five Below by 8.8% during the second quarter. Alyeska Investment Group L.P. now owns 536,532 shares of the specialty retailer’s stock valued at $96,463,000 after buying an additional 43,367 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in Five Below by 252.9% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 667 shares of the specialty retailer’s stock worth $120,000 after buying an additional 478 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in Five Below by 12.1% during the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 166,518 shares of the specialty retailer’s stock worth $29,938,000 after buying an additional 17,967 shares during the period. Finally, Wellington Management Group LLP increased its position in shares of Five Below by 54.4% in the second quarter. Wellington Management Group LLP now owns 1,811,650 shares of the specialty retailer’s stock worth $325,717,000 after acquiring an additional 638,049 shares in the last quarter.

Five Below Trading Down 0.7%

Shares of FIVE stock opened at $245.08 on Wednesday. The firm has a fifty day simple moving average of $214.60 and a 200-day simple moving average of $217.04. The company has a market capitalization of $13.55 billion, a PE ratio of 30.94, a price-to-earnings-growth ratio of 1.28 and a beta of 0.99. Five Below, Inc. has a twelve month low of $137.77 and a twelve month high of $263.88.

Five Below (NASDAQ:FIVE) last released its quarterly earnings results on Wednesday, June 3rd. The specialty retailer reported $2.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.77 by $0.45. Five Below had a net margin of 8.67% and a return on equity of 21.31%. The firm had revenue of $1.29 billion for the quarter, compared to the consensus estimate of $1.23 billion. During the same quarter in the previous year, the firm posted $0.86 EPS. The firm’s quarterly revenue was up 32.5% on a year-over-year basis. Equities research analysts predict that Five Below, Inc. will post 9.19 EPS for the current year.

Analyst Ratings Changes

Several equities analysts recently weighed in on FIVE shares. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $334.00 target price on shares of Five Below in a report on Tuesday. JPMorgan Chase & Co. increased their price target on Five Below from $296.00 to $306.00 and gave the company an “overweight” rating in a report on Monday, May 18th. Mizuho boosted their price objective on Five Below from $260.00 to $278.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 26th. BMO Capital Markets began coverage on Five Below in a research note on Tuesday, July 21st. They set an “outperform” rating on the stock. Finally, The Goldman Sachs Group downgraded Five Below from a “buy” rating to a “sell” rating in a research report on Thursday, August 13th. One research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, eleven have issued a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $267.45.

About Five Below

Five Below, Inc (NASDAQ:FIVE) is an American specialty discount retailer offering a broad assortment of merchandise priced primarily at $5 or below. Since its founding in 2002 by David Schlessinger and Tom Vellios, the company has pursued a value-focused retail model targeting tweens, teens and beyond, with stores designed to deliver trend-driven products at an accessible price point. Headquartered in Philadelphia, Pennsylvania, Five Below has grown into a national chain operating in dozens of U.S.