Hancock Whitney Corp trimmed its holdings in shares of Five Below Inc (NASDAQ:FIVE) by 3.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 12,309 shares of the specialty retailer’s stock after selling 461 shares during the quarter. Hancock Whitney Corp’s holdings in Five Below were worth $1,259,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Prudential Financial Inc. increased its stake in shares of Five Below by 75.5% during the third quarter. Prudential Financial Inc. now owns 160,132 shares of the specialty retailer’s stock valued at $20,827,000 after buying an additional 68,887 shares during the period. Pacer Advisors Inc. increased its stake in shares of Five Below by 14.6% during the third quarter. Pacer Advisors Inc. now owns 20,171 shares of the specialty retailer’s stock valued at $2,623,000 after buying an additional 2,575 shares during the period. First Hawaiian Bank grew its stake in Five Below by 52.3% in the fourth quarter. First Hawaiian Bank now owns 757 shares of the specialty retailer’s stock valued at $78,000 after purchasing an additional 260 shares during the last quarter. Lisanti Capital Growth LLC grew its stake in Five Below by 78.8% in the fourth quarter. Lisanti Capital Growth LLC now owns 26,460 shares of the specialty retailer’s stock valued at $2,707,000 after purchasing an additional 11,660 shares during the last quarter. Finally, ClariVest Asset Management LLC grew its stake in Five Below by 221.1% in the fourth quarter. ClariVest Asset Management LLC now owns 65,077 shares of the specialty retailer’s stock valued at $6,660,000 after purchasing an additional 44,812 shares during the last quarter. Institutional investors and hedge funds own 95.66% of the company’s stock.

Shares of FIVE stock opened at $127.75 on Thursday. Five Below Inc has a fifty-two week low of $69.37 and a fifty-two week high of $136.13. The stock has a market cap of $6.54 billion, a PE ratio of 71.37, a price-to-earnings-growth ratio of 1.28 and a beta of 0.60.

Five Below (NASDAQ:FIVE) last issued its quarterly earnings results on Wednesday, March 27th. The specialty retailer reported $1.58 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.57 by $0.01. Five Below had a return on equity of 24.58% and a net margin of 8.74%. The business had revenue of $602.68 million for the quarter, compared to analyst estimates of $601.53 million. During the same quarter in the previous year, the firm earned $1.21 earnings per share. The company’s revenue was up 19.4% on a year-over-year basis. As a group, research analysts forecast that Five Below Inc will post 2.57 EPS for the current fiscal year.

Several equities analysts have issued reports on the company. BidaskClub lowered Five Below from a “strong-buy” rating to a “buy” rating in a research note on Friday, February 15th. Zacks Investment Research upgraded Five Below from a “hold” rating to a “buy” rating and set a $109.00 target price on the stock in a research note on Thursday, December 20th. Goldman Sachs Group upgraded Five Below from a “buy” rating to a “conviction-buy” rating and set a $147.00 target price on the stock in a research note on Thursday. ValuEngine upgraded Five Below from a “buy” rating to a “strong-buy” rating in a research note on Thursday, January 24th. Finally, JPMorgan Chase & Co. lowered Five Below from an “overweight” rating to a “neutral” rating and set a $128.30 target price on the stock. in a research note on Friday, February 22nd. One equities research analyst has rated the stock with a sell rating, five have given a hold rating, fifteen have issued a buy rating and two have assigned a strong buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus price target of $126.32.

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About Five Below

Five Below, Inc operates as a specialty value retailer in the United States. It offers accessories, including novelty socks, sunglasses, jewelry, scarves, gloves, hair accessories, athletic tops and bottoms, and T-shirts, as well as beauty products comprising nail polish, lip gloss, fragrance, and branded cosmetics; and items used to complete and personalize living space, including glitter lamps, posters, frames, fleece blankets, plush items, pillows, candles, incense, lighting, novelty d├ęcor, and related items, as well as provides storage options for the customers room.

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

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