Five Below INC (FIVE) Stock Value Rose While Summit Creek Advisors LLC Cut Position

October 13, 2017 - By Vivian Currie

Investors sentiment decreased to 1.19 in Q2 2017. Its down 0.28, from 1.47 in 2017Q1. It worsened, as 34 investors sold FIVE shares while 79 reduced holdings. 45 funds opened positions while 89 raised stakes. 60.02 million shares or 5.13% less from 63.27 million shares in 2017Q1 were reported. 1St Global Advisors stated it has 0.04% in Five Below Inc (NASDAQ:FIVE). Gotham Asset Mgmt Ltd Llc invested in 39,741 shares. 12,496 are owned by Alps Advisors Incorporated. Invesco accumulated 1.31 million shares or 0.02% of the stock. Tyvor Cap Llc invested 1.72% of its portfolio in Five Below Inc (NASDAQ:FIVE). Rhumbline Advisers invested in 104,415 shares. Florida-based State Board Of Administration Of Florida Retirement Sys has invested 0.01% in Five Below Inc (NASDAQ:FIVE). Mason Street Limited Liability Company holds 0.02% or 13,590 shares in its portfolio. 91,600 were accumulated by Art Advsrs Limited Liability. Great West Life Assurance Com Can, a Manitoba – Canada-based fund reported 80,815 shares. Fortaleza Asset Mgmt, Illinois-based fund reported 2,765 shares. The Illinois-based Great Lakes Advsr Limited Liability Corp has invested 0.17% in Five Below Inc (NASDAQ:FIVE). 18,275 were reported by Regions Finance. Moreover, Arcadia Investment Mi has 0.01% invested in Five Below Inc (NASDAQ:FIVE). Guggenheim Limited Co accumulated 52,770 shares.

Since June 8, 2017, it had 0 insider buys, and 1 insider sale for $932,472 activity.

Summit Creek Advisors Llc decreased its stake in Five Below Inc. (FIVE) by 26.53% based on its latest 2017Q2 regulatory filing with the SEC. Summit Creek Advisors Llc sold 84,263 shares as the company’s stock rose 32.44% with the market. The institutional investor held 233,380 shares of the consumer services company at the end of 2017Q2, valued at $11.52 million, down from 317,643 at the end of the previous reported quarter. Summit Creek Advisors Llc who had been investing in Five Below Inc. for a number of months, seems to be less bullish one the $3.05 billion market cap company. The stock rose 0.29% or $0.16 reaching $55.44. About 822,041 shares traded. Five Below Inc (NASDAQ:FIVE) has risen 35.78% since October 13, 2016 and is uptrending. It has outperformed by 19.08% the S&P500.

Summit Creek Advisors Llc, which manages about $971.18 million and $485.54M US Long portfolio, upped its stake in Monro Muffler Brake Inc (NASDAQ:MNRO) by 77,409 shares to 204,483 shares, valued at $8.54M in 2017Q2, according to the filing. It also increased its holding in Duluth Trading Company by 323,293 shares in the quarter, for a total of 532,652 shares, and has risen its stake in Envestnet Inc. (NYSE:ENV).

Investors wait Five Below Inc (NASDAQ:FIVE) to report on December, 7. its quarterly earnings Wall Street analysts expect $0.13 earnings per share, up $0.03 or 30.00 % from last year’s $0.1 same quarter earnings. This translates into $7.15M profit for FIVE giving the stock a 106.62 P/E. This is assuming the current $0.13 EPS is accurate. Five Below Inc’s Wall Street analysts see -56.67 % negative EPS growth, taking into account the $0.30 EPS reproted in the previous quarter,

Another recent and important Five Below Inc (NASDAQ:FIVE) news was published by Prnewswire.com which published an article titled: “Specialty Retail Stock Performance Review — Five Below, Barnes & Noble, Ulta …” on September 28, 2017.

Five Below Inc (NASDAQ:FIVE) Ratings Coverage

Among 18 analysts covering Five Below (NASDAQ:FIVE), 10 have Buy rating, 0 Sell and 8 Hold. Therefore 56% are positive. Five Below had 43 analyst reports since September 3, 2015 according to SRatingsIntel. As per Wednesday, October 26, the company rating was initiated by Longbow. The company was maintained on Thursday, August 31 by Deutsche Bank. The company was initiated on Wednesday, August 24 by BTIG Research. Stifel Nicolaus maintained Five Below Inc (NASDAQ:FIVE) on Friday, June 3 with “Buy” rating. The stock of Five Below Inc (NASDAQ:FIVE) has “Buy” rating given on Monday, October 2 by RBC Capital Markets. As per Friday, June 2, the company rating was maintained by RBC Capital Markets. The company was initiated on Wednesday, December 7 by Loop Capital. The rating was maintained by UBS on Friday, June 3 with “Buy”. Stifel Nicolaus upgraded the shares of FIVE in report on Wednesday, January 13 to “Buy” rating. The rating was maintained by RBC Capital Markets on Wednesday, July 5 with “Buy”.

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