Cwm LLC Boosts Position in National Vision Holdings, Inc. (NASDAQ:EYE)

Cwm LLC increased its stake in National Vision Holdings, Inc. (NASDAQ:EYE) by 197.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 8,089 shares of the company’s stock after buying an additional 5,372 shares during the period. Cwm LLC’s holdings in National Vision were worth $88,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in the stock. Innealta Capital LLC purchased a new position in shares of National Vision in the 2nd quarter worth approximately $30,000. Meeder Asset Management Inc. purchased a new position in shares of National Vision in the 2nd quarter worth approximately $32,000. PNC Financial Services Group Inc. grew its position in shares of National Vision by 56.2% in the 4th quarter. PNC Financial Services Group Inc. now owns 6,669 shares of the company’s stock worth $140,000 after buying an additional 2,400 shares during the last quarter. Headlands Technologies LLC grew its position in shares of National Vision by 688.3% in the 2nd quarter. Headlands Technologies LLC now owns 8,750 shares of the company’s stock worth $115,000 after buying an additional 7,640 shares during the last quarter. Finally, Intech Investment Management LLC acquired a new stake in National Vision in the 2nd quarter worth approximately $135,000.

National Vision Trading Up 0.6 %

NASDAQ:EYE opened at $9.79 on Friday. The company has a current ratio of 0.55, a quick ratio of 0.41 and a debt-to-equity ratio of 0.17. National Vision Holdings, Inc. has a 1-year low of $9.56 and a 1-year high of $24.11. The stock has a fifty day simple moving average of $10.36 and a 200 day simple moving average of $13.12.

National Vision (NASDAQ:EYE) last posted its quarterly earnings results on Wednesday, August 7th. The company reported $0.15 earnings per share for the quarter, topping analysts’ consensus estimates of $0.09 by $0.06. National Vision had a positive return on equity of 3.53% and a negative net margin of 4.00%. The company had revenue of $451.70 million during the quarter, compared to the consensus estimate of $451.35 million. During the same period last year, the business earned $0.11 EPS. The business’s quarterly revenue was down 14.0% on a year-over-year basis. Equities analysts predict that National Vision Holdings, Inc. will post 0.23 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

EYE has been the subject of a number of recent analyst reports. UBS Group lowered their target price on shares of National Vision from $20.00 to $18.00 and set a “buy” rating for the company in a research note on Thursday, August 8th. Barclays decreased their price objective on shares of National Vision from $16.00 to $11.00 and set an “equal weight” rating for the company in a research note on Thursday, August 8th. Finally, The Goldman Sachs Group cut their target price on shares of National Vision from $20.00 to $13.00 and set a “neutral” rating for the company in a report on Friday, August 9th. Three investment analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $15.25.

National Vision Company Profile

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.