FORA Capital LLC acquired a new stake in shares of National Vision Holdings, Inc. (NASDAQ:EYE – Free Report) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 38,917 shares of the company’s stock, valued at approximately $425,000.
Other hedge funds and other institutional investors also recently bought and sold shares of the company. Hsbc Holdings PLC increased its position in shares of National Vision by 153.4% in the 2nd quarter. Hsbc Holdings PLC now owns 127,350 shares of the company’s stock worth $1,625,000 after purchasing an additional 77,096 shares during the last quarter. D. E. Shaw & Co. Inc. raised its stake in National Vision by 115.7% during the second quarter. D. E. Shaw & Co. Inc. now owns 2,479,245 shares of the company’s stock valued at $32,453,000 after buying an additional 1,330,023 shares in the last quarter. Jane Street Group LLC lifted its holdings in National Vision by 166.6% during the 1st quarter. Jane Street Group LLC now owns 211,305 shares of the company’s stock worth $4,683,000 after buying an additional 132,039 shares during the last quarter. Allspring Global Investments Holdings LLC grew its position in shares of National Vision by 12.5% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 464,414 shares of the company’s stock worth $6,079,000 after acquiring an additional 51,753 shares in the last quarter. Finally, Assenagon Asset Management S.A. grew its position in shares of National Vision by 3,645.8% in the 3rd quarter. Assenagon Asset Management S.A. now owns 609,701 shares of the company’s stock worth $6,652,000 after acquiring an additional 593,424 shares in the last quarter.
Analyst Upgrades and Downgrades
Several brokerages recently issued reports on EYE. UBS Group reduced their price objective on National Vision from $20.00 to $18.00 and set a “buy” rating on the stock in a research note on Thursday, August 8th. Barclays reduced their price target on shares of National Vision from $16.00 to $11.00 and set an “equal weight” rating on the stock in a research report on Thursday, August 8th. Finally, The Goldman Sachs Group lowered their price objective on shares of National Vision from $20.00 to $13.00 and set a “neutral” rating for the company in a research report on Friday, August 9th.
National Vision Price Performance
Shares of NASDAQ EYE opened at $12.10 on Friday. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.57 and a quick ratio of 0.37. The firm has a market capitalization of $952.88 million, a PE ratio of -60.50, a P/E/G ratio of 3.23 and a beta of 1.42. National Vision Holdings, Inc. has a 1-year low of $9.56 and a 1-year high of $24.11. The business’s fifty day moving average price is $10.83 and its two-hundred day moving average price is $12.04.
National Vision (NASDAQ:EYE – Get Free Report) last released its quarterly earnings data on Wednesday, November 6th. The company reported $0.12 earnings per share for the quarter, topping analysts’ consensus estimates of $0.06 by $0.06. The business had revenue of $451.50 million for the quarter, compared to analysts’ expectations of $451.13 million. National Vision had a negative net margin of 0.81% and a positive return on equity of 3.52%. The company’s revenue for the quarter was down 15.2% compared to the same quarter last year. During the same quarter last year, the company earned $0.09 EPS. On average, research analysts expect that National Vision Holdings, Inc. will post 0.27 EPS for the current year.
About National Vision
National Vision Holdings, Inc, through its subsidiaries, operates as an optical retailer in the United States. The company operates in two segments, Owned & Host and Legacy. It offers eyeglasses and contact lenses, and optical accessory products; provides eye exams through its America’s Best, Eyeglass World, Vista Optical, Fred Meyer, and Vista Optical military, as well as Vision Center branded stores; and offers health maintenance organization and optometric services.
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