Five Below Inc (FIVE) : Tyvor Capital reduced its stake in Five Below Inc by 50.53% during the most recent quarter end. The investment management company now holds a total of 313,854 shares of Five Below Inc which is valued at $15,909,259 after selling 320,531 shares in Five Below Inc , the firm said in a disclosure report filed with the SEC on Aug 15, 2016.Five Below Inc makes up approximately 4.15% of Tyvor Capital’s portfolio.
Other Hedge Funds, Including , Capital Research Global Investors boosted its stake in FIVE in the latest quarter, The investment management firm added 588,000 additional shares and now holds a total of 2,674,220 shares of Five Below Inc which is valued at $135,556,212. Five Below Inc makes up approx 0.04% of Capital Research Global Investors’s portfolio.Van Hulzen Asset Management boosted its stake in FIVE in the latest quarter, The investment management firm added 1,765 additional shares and now holds a total of 28,180 shares of Five Below Inc which is valued at $1,428,444. Five Below Inc makes up approx 0.79% of Van Hulzen Asset Management’s portfolio.Ftb Advisors reduced its stake in FIVE by selling 31 shares or 5.21% in the most recent quarter. The Hedge Fund company now holds 564 shares of FIVE which is valued at $28,770.Emerald Mutual Fund Advisers Trust boosted its stake in FIVE in the latest quarter, The investment management firm added 7,380 additional shares and now holds a total of 540,567 shares of Five Below Inc which is valued at $27,574,323. Five Below Inc makes up approx 1.46% of Emerald Mutual Fund Advisers Trust’s portfolio. Duncker Streett Co Inc added FIVE to its portfolio by purchasing 1,000 company shares during the most recent quarter which is valued at $51,130. Five Below Inc makes up approx 0.02% of Duncker Streett Co Inc’s portfolio.
Five Below Inc closed down -0.51 points or -1.14% at $44.05 with 41,73,706 shares getting traded on Thursday. Post opening the session at $42.2, the shares hit an intraday low of $42 and an intraday high of $45.49 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.
On the company’s financial health, Five Below Inc reported $0.18 EPS for the quarter, beating the analyst consensus estimate by $ 0.01 according to the earnings call on Aug 31, 2016. Analyst had a consensus of $0.17. The company had revenue of $220.13 million for the quarter, compared to analysts expectations of $219.60 million. The company’s revenue was up 20.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.13 EPS.
Many Wall Street Analysts have commented on Five Below Inc. Five Below Inc was Upgraded by Goldman to ” Neutral” on Sep 6, 2016. Company shares were Reiterated by RBC Capital Mkts on Sep 1, 2016 to “Outperform”, Firm has raised the Price Target to $ 54 from a previous price target of $53 .Company shares were Reiterated by UBS on Jun 3, 2016 to “Buy”, Firm has raised the Price Target to $ 48 from a previous price target of $47 .
Five Below Inc. (Five Below) is a specialty retailer offering a range of merchandise for teen and pre-teen customer. The Company offers a range of products all priced at five dollars and below including select brands and licensed merchandise across a range of categories including Style Room Sports Tech Crafts Party Candy and Now. The Company operates 366 locations across 21 states. The Company’s stores have over 4000 stock-keeping units (SKUs) across a range of categories. The Company’s product groups include leisure fashion and home and party and snack. Leisure includes items such as sporting goods games toys tech books electronic accessories and arts and crafts. Fashion and home includes items such as personal accessories ‘attitude’ t-shirts beauty offerings home goods and storage options. Party and snack includes items such as party and seasonal goods greeting cards candy and other snacks and beverages.