Invictus RG raised its position in Five Below Inc (NASDAQ:FIVE) by 226.6% during the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 8,809 shares of the specialty retailer’s stock after acquiring an additional 6,112 shares during the quarter. Five Below makes up 0.9% of Invictus RG’s portfolio, making the stock its 10th biggest holding. Invictus RG’s holdings in Five Below were worth $1,146,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the business. Credit Suisse AG lifted its holdings in Five Below by 0.7% in the third quarter. Credit Suisse AG now owns 62,185 shares of the specialty retailer’s stock valued at $8,088,000 after acquiring an additional 417 shares during the period. United Services Automobile Association lifted its holdings in Five Below by 4.9% in the third quarter. United Services Automobile Association now owns 9,267 shares of the specialty retailer’s stock valued at $1,205,000 after acquiring an additional 433 shares during the period. Captrust Financial Advisors lifted its holdings in Five Below by 20.7% in the second quarter. Captrust Financial Advisors now owns 2,910 shares of the specialty retailer’s stock valued at $284,000 after acquiring an additional 499 shares during the period. Aperio Group LLC lifted its holdings in Five Below by 3.2% in the third quarter. Aperio Group LLC now owns 16,277 shares of the specialty retailer’s stock valued at $2,117,000 after acquiring an additional 501 shares during the period. Finally, Campbell Newman Asset Management Inc. lifted its holdings in Five Below by 5.5% in the third quarter. Campbell Newman Asset Management Inc. now owns 9,973 shares of the specialty retailer’s stock valued at $1,297,000 after acquiring an additional 522 shares during the period. 95.42% of the stock is currently owned by institutional investors.

FIVE has been the topic of a number of recent research reports. Zacks Investment Research raised Five Below from a “hold” rating to a “buy” rating and set a $124.00 target price on the stock in a report on Tuesday, August 21st. JPMorgan Chase & Co. increased their target price on Five Below from $150.00 to $153.00 and gave the company an “overweight” rating in a report on Monday, September 24th. Telsey Advisory Group began coverage on Five Below in a report on Wednesday, October 24th. They issued a “market perform” rating and a $120.00 target price on the stock. Morgan Stanley raised their price objective on Five Below from $94.00 to $103.00 and gave the stock a “hold” rating in a research note on Friday, September 7th. Finally, BidaskClub raised Five Below from a “buy” rating to a “strong-buy” rating in a research note on Friday, August 10th. Eight investment analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the company. The company currently has an average rating of “Buy” and an average price target of $119.59.

In related news, EVP Michael Romanko sold 3,308 shares of Five Below stock in a transaction that occurred on Monday, September 24th. The stock was sold at an average price of $126.00, for a total transaction of $416,808.00. Following the sale, the executive vice president now owns 18,092 shares of the company’s stock, valued at approximately $2,279,592. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Daniel Kaufman sold 3,995 shares of Five Below stock in a transaction that occurred on Tuesday, September 11th. The shares were sold at an average price of $133.18, for a total value of $532,054.10. Following the sale, the director now directly owns 5,047 shares in the company, valued at approximately $672,159.46. The disclosure for this sale can be found here. Insiders have sold a total of 19,303 shares of company stock worth $2,346,022 in the last three months. 2.60% of the stock is owned by corporate insiders.

Shares of FIVE opened at $104.58 on Wednesday. The company has a market cap of $5.84 billion, a P/E ratio of 58.42, a price-to-earnings-growth ratio of 1.45 and a beta of 0.52. Five Below Inc has a 12-month low of $60.00 and a 12-month high of $136.13.

Five Below (NASDAQ:FIVE) last issued its earnings results on Thursday, September 6th. The specialty retailer reported $0.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.38 by $0.04. The company had revenue of $347.73 million for the quarter, compared to the consensus estimate of $334.82 million. Five Below had a return on equity of 25.97% and a net margin of 8.83%. The firm’s quarterly revenue was up 22.7% on a year-over-year basis. During the same quarter last year, the company earned $0.30 EPS. On average, equities analysts forecast that Five Below Inc will post 2.54 earnings per share for the current fiscal year.

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Five Below Profile

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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