Jackson Creek Investment Advisors LLC Purchases New Holdings in National Vision Holdings, Inc. (NASDAQ:EYE)

Jackson Creek Investment Advisors LLC acquired a new stake in National Vision Holdings, Inc. (NASDAQ:EYE) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 117,365 shares of the company’s stock, valued at approximately $1,500,000. Jackson Creek Investment Advisors LLC owned approximately 0.15% of National Vision at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in the business. Burgundy Asset Management Ltd. boosted its stake in shares of National Vision by 138.6% during the 4th quarter. Burgundy Asset Management Ltd. now owns 4,675,539 shares of the company’s stock worth $48,719,000 after acquiring an additional 2,715,582 shares in the last quarter. Engine Capital Management LP raised its holdings in National Vision by 127.5% in the 4th quarter. Engine Capital Management LP now owns 2,528,053 shares of the company’s stock valued at $26,342,000 after acquiring an additional 1,417,002 shares during the last quarter. Boston Partners acquired a new stake in shares of National Vision during the 4th quarter worth $12,594,000. SG Capital Management LLC acquired a new stake in shares of National Vision during the 4th quarter worth $11,827,000. Finally, Arrowstreet Capital Limited Partnership increased its holdings in shares of National Vision by 81.5% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 2,308,375 shares of the company’s stock worth $24,053,000 after buying an additional 1,036,459 shares during the last quarter.

National Vision Price Performance

National Vision stock traded down $0.01 during mid-day trading on Friday, hitting $25.09. The company’s stock had a trading volume of 52,660 shares, compared to its average volume of 1,904,220. The company has a quick ratio of 0.35, a current ratio of 0.54 and a debt-to-equity ratio of 0.29. The stock has a market capitalization of $1.98 billion, a P/E ratio of -76.18, a P/E/G ratio of 3.72 and a beta of 1.27. National Vision Holdings, Inc. has a twelve month low of $9.56 and a twelve month high of $25.55. The stock’s fifty day moving average price is $21.71 and its two-hundred day moving average price is $15.28.

National Vision (NASDAQ:EYE) last posted its quarterly earnings data on Wednesday, May 7th. The company reported $0.34 EPS for the quarter, topping analysts’ consensus estimates of $0.32 by $0.02. The firm had revenue of $510.32 million during the quarter, compared to analyst estimates of $510.30 million. National Vision had a negative net margin of 1.40% and a positive return on equity of 3.44%. The company’s revenue was up 5.7% on a year-over-year basis. During the same quarter last year, the business posted $0.32 EPS. Research analysts forecast that National Vision Holdings, Inc. will post 0.31 earnings per share for the current year.

Insider Activity

In other National Vision news, SVP Ravi Acharya sold 12,000 shares of National Vision stock in a transaction on Tuesday, May 13th. The shares were sold at an average price of $18.75, for a total transaction of $225,000.00. Following the completion of the sale, the senior vice president owned 11,700 shares of the company’s stock, valued at $219,375. This trade represents a 50.63% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. 2.70% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

EYE has been the topic of a number of analyst reports. Bank of America lifted their price objective on shares of National Vision from $22.00 to $26.00 and gave the company a “buy” rating in a research note on Wednesday, June 18th. Barclays upgraded shares of National Vision from an “equal weight” rating to an “overweight” rating and raised their price target for the company from $17.00 to $30.00 in a research note on Tuesday, July 8th. Wall Street Zen upgraded shares of National Vision from a “hold” rating to a “buy” rating in a research note on Saturday, July 12th. National Bankshares set a $30.00 price objective on shares of National Vision in a research note on Tuesday, July 8th. Finally, The Goldman Sachs Group raised their price objective on shares of National Vision from $13.00 to $17.00 and gave the company a “neutral” rating in a research note on Friday, May 9th. Four analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $22.10.

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.