Bridge City Capital LLC boosted its stake in Five Below Inc (NASDAQ:FIVE) by 0.5% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 19,207 shares of the specialty retailer’s stock after purchasing an additional 94 shares during the period. Five Below comprises approximately 1.3% of Bridge City Capital LLC’s investment portfolio, making the stock its 26th biggest position. Bridge City Capital LLC’s holdings in Five Below were worth $2,305,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. Arizona State Retirement System boosted its position in Five Below by 1.4% during the second quarter. Arizona State Retirement System now owns 40,615 shares of the specialty retailer’s stock valued at $4,875,000 after acquiring an additional 576 shares during the last quarter. Private Advisory Group LLC bought a new stake in Five Below during the second quarter valued at $345,000. Artemis Investment Management LLP boosted its position in Five Below by 4.9% during the second quarter. Artemis Investment Management LLP now owns 65,754 shares of the specialty retailer’s stock valued at $7,671,000 after acquiring an additional 3,068 shares during the last quarter. Campbell Newman Asset Management Inc. boosted its position in shares of Five Below by 7.3% during the 2nd quarter. Campbell Newman Asset Management Inc. now owns 7,022 shares of the specialty retailer’s stock worth $843,000 after purchasing an additional 476 shares in the last quarter. Finally, NJ State Employees Deferred Compensation Plan boosted its position in shares of Five Below by 11.1% during the 2nd quarter. NJ State Employees Deferred Compensation Plan now owns 4,000 shares of the specialty retailer’s stock worth $480,000 after purchasing an additional 400 shares in the last quarter. Institutional investors and hedge funds own 95.22% of the company’s stock.
In related news, CFO Kenneth R. Bull sold 7,103 shares of the firm’s stock in a transaction dated Wednesday, June 12th. The shares were sold at an average price of $130.13, for a total value of $924,313.39. Following the transaction, the chief financial officer now owns 79,227 shares of the company’s stock, valued at approximately $10,309,809.51. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 2.50% of the stock is currently owned by company insiders.
Shares of NASDAQ FIVE opened at $104.43 on Tuesday. Five Below Inc has a fifty-two week low of $86.57 and a fifty-two week high of $148.21. The company has a market cap of $6.11 billion, a PE ratio of 42.50, a price-to-earnings-growth ratio of 1.39 and a beta of 0.64. The company has a debt-to-equity ratio of 1.00, a quick ratio of 1.05 and a current ratio of 1.89. The company has a 50-day simple moving average of $123.42.
Five Below (NASDAQ:FIVE) last announced its quarterly earnings results on Wednesday, June 5th. The specialty retailer reported $0.35 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.35. Five Below had a net margin of 9.43% and a return on equity of 25.21%. The business had revenue of $364.76 million for the quarter, compared to analysts’ expectations of $362.28 million. During the same quarter last year, the firm earned $0.35 EPS. The firm’s revenue for the quarter was up 23.1% compared to the same quarter last year. As a group, equities analysts predict that Five Below Inc will post 3.06 EPS for the current fiscal year.
About Five Below
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 nail polishes, lip glosses, fragrances, 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 décor, and related items, as well as provides storage options for the customers room.
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