Whittier Trust Co. of Nevada Inc. Has $2.36 Million Holdings in Five Below, Inc. (NASDAQ:FIVE)

Whittier Trust Co. of Nevada Inc. raised its holdings in shares of Five Below, Inc. (NASDAQ:FIVE) by 5.3% in the first quarter, Holdings Channel reports. The institutional investor owned 13,013 shares of the specialty retailer’s stock after buying an additional 653 shares during the quarter. Whittier Trust Co. of Nevada Inc.’s holdings in Five Below were worth $2,360,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently modified their holdings of the business. V Square Quantitative Management LLC bought a new stake in shares of Five Below during the fourth quarter valued at approximately $26,000. Rise Advisors LLC bought a new stake in shares of Five Below during the first quarter valued at approximately $28,000. Planned Solutions Inc. bought a new stake in shares of Five Below during the fourth quarter valued at approximately $34,000. CVA Family Office LLC bought a new stake in shares of Five Below during the fourth quarter valued at approximately $36,000. Finally, Quest Partners LLC bought a new stake in shares of Five Below during the fourth quarter valued at approximately $37,000.

Analyst Ratings Changes

FIVE has been the topic of a number of analyst reports. Gordon Haskett cut Five Below from a “buy” rating to an “accumulate” rating and lowered their price target for the company from $210.00 to $200.00 in a research report on Wednesday, April 3rd. Mizuho lowered their price target on Five Below from $215.00 to $150.00 and set a “buy” rating on the stock in a research report on Thursday, June 6th. Telsey Advisory Group decreased their target price on Five Below from $220.00 to $155.00 and set an “outperform” rating on the stock in a report on Thursday, June 6th. Deutsche Bank Aktiengesellschaft cut their price target on Five Below from $201.00 to $177.00 and set a “buy” rating on the stock in a research note on Wednesday, June 5th. Finally, Wells Fargo & Company cut their price target on Five Below from $180.00 to $145.00 and set an “overweight” rating on the stock in a research note on Thursday, June 6th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and thirteen have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $169.50.

Five Below Trading Down 1.6 %

Shares of FIVE traded down $1.66 during mid-day trading on Tuesday, reaching $102.43. The company’s stock had a trading volume of 1,296,439 shares, compared to its average volume of 1,079,235. Five Below, Inc. has a 1-year low of $101.50 and a 1-year high of $216.18. The stock has a market cap of $5.64 billion, a P/E ratio of 19.39, a PEG ratio of 1.23 and a beta of 1.19. The business has a 50-day simple moving average of $126.41 and a two-hundred day simple moving average of $164.76.

Five Below (NASDAQ:FIVE) last released its quarterly earnings results on Wednesday, June 5th. The specialty retailer reported $0.60 earnings per share 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 return on equity of 19.82% and a net margin of 8.10%. The business’s revenue for the quarter was up 11.8% on a year-over-year basis. During the same period in the previous year, the business posted $0.67 earnings per share. Research analysts anticipate that Five Below, Inc. will post 5.2 EPS for the current 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.