Atria Investments Inc Has $308,000 Stock Position in Five Below, Inc. (NASDAQ:FIVE)

Atria Investments Inc lessened its stake in Five Below, Inc. (NASDAQ:FIVE) by 7.7% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,487 shares of the specialty retailer’s stock after selling 289 shares during the quarter. Atria Investments Inc’s holdings in Five Below were worth $308,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of FIVE. Janus Henderson Group PLC grew its stake in shares of Five Below by 0.4% during the first quarter. Janus Henderson Group PLC now owns 30,164 shares of the specialty retailer’s stock valued at $5,473,000 after purchasing an additional 115 shares during the last quarter. Fifth Third Bancorp lifted its holdings in Five Below by 12.0% during the 2nd quarter. Fifth Third Bancorp now owns 1,375 shares of the specialty retailer’s stock worth $150,000 after buying an additional 147 shares in the last quarter. Parkside Financial Bank & Trust lifted its holdings in Five Below by 9.3% during the 2nd quarter. Parkside Financial Bank & Trust now owns 2,122 shares of the specialty retailer’s stock worth $231,000 after buying an additional 180 shares in the last quarter. Peloton Wealth Strategists boosted its position in Five Below by 3.0% in the 2nd quarter. Peloton Wealth Strategists now owns 6,820 shares of the specialty retailer’s stock valued at $743,000 after buying an additional 200 shares during the last quarter. Finally, Partnership Wealth Management LLC increased its stake in shares of Five Below by 63.5% in the 3rd quarter. Partnership Wealth Management LLC now owns 515 shares of the specialty retailer’s stock valued at $46,000 after buying an additional 200 shares during the period.

Five Below Stock Performance

Shares of FIVE opened at $86.92 on Friday. The firm has a market cap of $4.78 billion, a P/E ratio of 17.11, a PEG ratio of 0.93 and a beta of 1.20. Five Below, Inc. has a twelve month low of $64.87 and a twelve month high of $216.18. The firm’s 50 day moving average price is $91.15 and its two-hundred day moving average price is $97.49.

Five Below (NASDAQ:FIVE) last posted its quarterly earnings data on Wednesday, August 28th. The specialty retailer reported $0.54 EPS for the quarter, meeting the consensus estimate of $0.54. The business had revenue of $830.07 million for the quarter, compared to analysts’ expectations of $821.95 million. Five Below had a net margin of 7.57% and a return on equity of 18.16%. On average, sell-side analysts anticipate that Five Below, Inc. will post 4.57 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on FIVE shares. Mizuho reiterated a “neutral” rating and issued a $85.00 price target on shares of Five Below in a report on Thursday, October 3rd. Bank of America cut shares of Five Below from a “neutral” rating to an “underperform” rating and lowered their price target for the stock from $98.00 to $75.00 in a research report on Wednesday, November 6th. Telsey Advisory Group reduced their price objective on shares of Five Below from $120.00 to $102.00 and set an “outperform” rating on the stock in a research note on Thursday, August 29th. KeyCorp lowered shares of Five Below from an “overweight” rating to a “sector weight” rating in a report on Thursday, November 7th. Finally, Craig Hallum increased their price target on Five Below from $102.00 to $125.00 and gave the company a “buy” rating in a research note on Wednesday, October 2nd. Three analysts have rated the stock with a sell rating, twelve have issued a hold rating and seven have given a buy rating to the company. According to MarketBeat, Five Below has an average rating of “Hold” and a consensus target price of $106.40.

Five Below Company Profile

Five Below, Inc operates as a specialty value retailer in the United States. The company offers range of accessories, which includes novelty socks, sunglasses, jewelry, scarves, gloves, hair accessories, athletic tops and bottoms, and t-shirts, as well as nail polish, lip gloss, fragrance, and branded cosmetics; and personalized living space products, such as lamps, posters, frames, fleece blankets, plush items, pillows, candles, incense, lighting, novelty décor, accent furniture, and related items, as well as provides storage options.