Susquehanna Fundamental Investments LLC Buys Shares of 12,800 Five Below, Inc. $FIVE

Susquehanna Fundamental Investments LLC purchased a new position in shares of Five Below, Inc. (NASDAQ:FIVE) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 12,800 shares of the specialty retailer’s stock, valued at approximately $2,301,000.

Other institutional investors also recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Five Below by 40,774,210.3% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 55,453,062 shares of the specialty retailer’s stock valued at $10,445,139,000 after acquiring an additional 55,452,926 shares during the last quarter. BlackRock Inc. acquired a new position in Five Below in the 2nd quarter valued at about $964,867,000. Norges Bank acquired a new position in Five Below in the 4th quarter valued at about $182,786,000. AQR Capital Management LLC lifted its holdings in Five Below by 176.0% in the 4th quarter. AQR Capital Management LLC now owns 1,168,832 shares of the specialty retailer’s stock valued at $220,161,000 after purchasing an additional 745,272 shares in the last quarter. Finally, Wellington Management Group LLP lifted its holdings in Five Below by 54.4% in the 2nd quarter. Wellington Management Group LLP now owns 1,811,650 shares of the specialty retailer’s stock valued at $325,717,000 after purchasing an additional 638,049 shares in the last quarter.

Wall Street Analyst Weigh In

Several research firms have issued reports on FIVE. Jefferies Financial Group reaffirmed a “buy” rating on shares of Five Below in a research note on Tuesday. Telsey Advisory Group upped their price objective on shares of Five Below from $260.00 to $280.00 and gave the company an “outperform” rating in a research note on Friday. Citigroup upgraded shares of Five Below from a “hold” rating to a “buy” rating in a research report on Thursday, August 13th. Cantor Fitzgerald cut shares of Five Below to a “neutral” rating in a research note on Thursday, August 13th. Finally, Loop Capital downgraded Five Below from a “buy” rating to a “hold” rating and set a $250.00 price target for the company. in a report on Tuesday, August 25th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, eleven have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, Five Below has an average rating of “Moderate Buy” and an average target price of $267.45.

Five Below Price Performance

NASDAQ FIVE opened at $245.08 on Wednesday. The company has a market cap of $13.55 billion, a P/E ratio of 30.94, a P/E/G ratio of 1.28 and a beta of 0.99. Five Below, Inc. has a 12 month low of $137.77 and a 12 month high of $263.88. The company has a 50-day moving average of $214.60 and a 200-day moving average of $217.04.

Five Below (NASDAQ:FIVE) last released its 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 business had revenue of $1.29 billion for the quarter, compared to analysts’ expectations of $1.23 billion. During the same period last year, the company earned $0.86 earnings per share. The company’s quarterly revenue was up 32.5% on a year-over-year basis. As a group, equities research analysts anticipate that Five Below, Inc. will post 9.19 EPS for the current year.

Five Below Profile

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.