Pacifica Capital Investments LLC Sells 35,821 Shares of Five Below, Inc. (NASDAQ:FIVE)

Pacifica Capital Investments LLC trimmed its holdings in shares of Five Below, Inc. (NASDAQ:FIVE) by 7.0% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 474,528 shares of the specialty retailer’s stock after selling 35,821 shares during the period. Five Below comprises 26.5% of Pacifica Capital Investments LLC’s investment portfolio, making the stock its 2nd largest position. Pacifica Capital Investments LLC owned 0.86% of Five Below worth $86,070,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of FIVE. V Square Quantitative Management LLC acquired a new position in shares of Five Below during the fourth quarter worth $26,000. Rise Advisors LLC acquired a new position in shares of Five Below during the first quarter worth $28,000. Planned Solutions Inc. acquired a new position in shares of Five Below during the fourth quarter worth $34,000. CVA Family Office LLC acquired a new position in shares of Five Below during the fourth quarter worth $36,000. Finally, Quest Partners LLC acquired a new position in shares of Five Below during the fourth quarter worth $37,000.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on FIVE shares. Craig Hallum reduced their target price on shares of Five Below from $187.00 to $124.00 and set a “hold” rating on the stock in a research report on Thursday, June 6th. StockNews.com lowered shares of Five Below from a “hold” rating to a “sell” rating in a research note on Saturday, June 8th. Bank of America restated a “neutral” rating and issued a $125.00 price target on shares of Five Below in a research note on Friday, June 14th. Gordon Haskett lowered shares of Five Below from a “buy” rating to an “accumulate” rating and dropped their price target for the stock from $210.00 to $200.00 in a research note on Wednesday, April 3rd. Finally, Loop Capital dropped their price target on shares of Five Below from $190.00 to $120.00 and set a “hold” rating for the company in a research note on Friday, June 7th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and thirteen have issued a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $169.50.

Five Below Stock Performance

Shares of FIVE traded down $1.49 during midday trading on Wednesday, hitting $100.94. 1,028,417 shares of the stock traded hands, compared to its average volume of 1,078,856. Five Below, Inc. has a 1-year low of $100.76 and a 1-year high of $216.18. The firm has a market capitalization of $5.56 billion, a PE ratio of 18.97, a price-to-earnings-growth ratio of 1.20 and a beta of 1.19. The business’s 50 day moving average price is $124.72 and its two-hundred day moving average price is $163.61.

Five Below (NASDAQ:FIVE) last announced its quarterly earnings results on Wednesday, June 5th. The specialty retailer reported $0.60 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.62 by ($0.02). The firm had revenue of $811.86 million for the quarter, compared to analyst estimates of $834.29 million. Five Below had a net margin of 8.10% and a return on equity of 19.82%. The business’s revenue was up 11.8% compared to the same quarter last year. During the same period last year, the firm posted $0.67 EPS. As a group, equities research analysts forecast that Five Below, Inc. will post 5.2 EPS for the current fiscal year.

About Five Below

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.