Axa S.A. Sells 118,807 Shares of National Vision Holdings, Inc. (NASDAQ:EYE)

Axa S.A. reduced its holdings in shares of National Vision Holdings, Inc. (NASDAQ:EYE) by 78.6% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 32,371 shares of the company’s stock after selling 118,807 shares during the quarter. Axa S.A.’s holdings in National Vision were worth $337,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Crossmark Global Holdings Inc. raised its stake in National Vision by 4.0% during the fourth quarter. Crossmark Global Holdings Inc. now owns 28,676 shares of the company’s stock worth $298,000 after acquiring an additional 1,100 shares in the last quarter. Mercer Global Advisors Inc. ADV lifted its position in shares of National Vision by 6.1% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 22,470 shares of the company’s stock worth $234,000 after purchasing an additional 1,298 shares during the period. Wells Fargo & Company MN boosted its position in National Vision by 3.2% during the fourth quarter. Wells Fargo & Company MN now owns 45,211 shares of the company’s stock valued at $471,000 after acquiring an additional 1,394 shares during the last quarter. Stoneridge Investment Partners LLC boosted its position in shares of National Vision by 16.5% during the 4th quarter. Stoneridge Investment Partners LLC now owns 17,511 shares of the company’s stock valued at $182,000 after purchasing an additional 2,475 shares in the last quarter. Finally, Tower Research Capital LLC TRC grew its position in shares of National Vision by 87.5% during the 4th quarter. Tower Research Capital LLC TRC now owns 7,050 shares of the company’s stock worth $73,000 after buying an additional 3,291 shares during the period.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on EYE. Loop Capital boosted their price objective on National Vision from $18.00 to $20.00 and gave the company a “buy” rating in a report on Thursday. UBS Group upped their target price on National Vision from $18.00 to $20.00 and gave the company a “buy” rating in a report on Thursday. Bank of America raised shares of National Vision from an “underperform” rating to a “buy” rating in a research report on Wednesday. Morgan Stanley dropped their price target on National Vision from $14.00 to $13.00 and set an “equal weight” rating on the stock in a research report on Tuesday, January 21st. Finally, Wells Fargo & Company raised their price target on National Vision from $13.00 to $15.00 and gave the stock an “equal weight” rating in a report on Thursday. Four investment analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $17.14.

National Vision Trading Up 2.9 %

NASDAQ EYE opened at $17.17 on Friday. The company has a current ratio of 0.57, a quick ratio of 0.37 and a debt-to-equity ratio of 0.30. The stock has a market cap of $1.36 billion, a P/E ratio of -85.85, a P/E/G ratio of 3.27 and a beta of 1.02. National Vision Holdings, Inc. has a 12 month low of $9.56 and a 12 month high of $17.26. The stock’s fifty day moving average price is $12.42 and its 200-day moving average price is $11.73.

National Vision (NASDAQ:EYE) last issued its earnings results on Wednesday, May 7th. The company reported $0.34 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.32 by $0.02. National Vision had a negative net margin of 0.81% and a positive return on equity of 3.52%. The company had revenue of $510.32 million for the quarter, compared to analysts’ expectations of $510.30 million. During the same quarter last year, the company posted $0.32 earnings per share. The firm’s quarterly revenue was up 5.7% on a year-over-year basis. As a group, equities analysts forecast that National Vision Holdings, Inc. will post 0.31 EPS for the current fiscal year.

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.