142,405 Shares in National Vision Holdings, Inc. (NASDAQ:EYE) Acquired by Federated Hermes Inc.

Federated Hermes Inc. acquired a new position in shares of National Vision Holdings, Inc. (NASDAQ:EYE) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 142,405 shares of the company’s stock, valued at approximately $2,981,000. Federated Hermes Inc. owned 0.18% of National Vision as of its most recent filing with the SEC.

A number of other hedge funds have also recently made changes to their positions in the stock. William Blair Investment Management LLC boosted its position in National Vision by 13.9% in the 3rd quarter. William Blair Investment Management LLC now owns 10,066,548 shares of the company’s stock valued at $162,877,000 after buying an additional 1,228,933 shares during the period. Knightsbridge Asset Management LLC purchased a new position in National Vision in the 3rd quarter valued at approximately $4,150,000. Advantage Alpha Capital Partners LP boosted its position in National Vision by 129.9% in the 3rd quarter. Advantage Alpha Capital Partners LP now owns 355,752 shares of the company’s stock valued at $5,756,000 after buying an additional 201,029 shares during the period. Emerald Advisers LLC boosted its position in National Vision by 13.2% in the 3rd quarter. Emerald Advisers LLC now owns 818,204 shares of the company’s stock valued at $13,239,000 after buying an additional 95,559 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted its position in National Vision by 8.9% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 894,782 shares of the company’s stock valued at $14,478,000 after buying an additional 73,414 shares during the period.

National Vision Price Performance

National Vision stock opened at $17.88 on Friday. The stock has a market cap of $1.40 billion, a P/E ratio of -21.04, a price-to-earnings-growth ratio of 4.02 and a beta of 1.39. The company has a fifty day simple moving average of $21.15 and a 200-day simple moving average of $19.64. National Vision Holdings, Inc. has a 12-month low of $13.71 and a 12-month high of $27.02. The company has a current ratio of 1.00, a quick ratio of 0.70 and a debt-to-equity ratio of 0.54.

National Vision (NASDAQ:EYE) last released its quarterly earnings data on Tuesday, February 27th. The company reported ($0.02) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.09) by $0.07. The business had revenue of $506.40 million during the quarter, compared to analysts’ expectations of $499.49 million. National Vision had a negative net margin of 3.10% and a positive return on equity of 3.69%. The company’s revenue for the quarter was up 8.0% on a year-over-year basis. During the same period in the previous year, the company earned ($0.11) EPS. Equities analysts expect that National Vision Holdings, Inc. will post 0.31 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group raised their price target on shares of National Vision from $18.00 to $20.00 and gave the company a “neutral” rating in a research report on Wednesday, February 28th. Five analysts have rated the stock with a hold rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $23.86.

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.