National Vision Holdings, Inc. $EYE Shares Bought by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in shares of National Vision Holdings, Inc. (NASDAQ:EYE) by 21.0% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 265,647 shares of the company’s stock after buying an additional 46,090 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.34% of National Vision worth $5,050,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Wellington Management Group LLP lifted its stake in shares of National Vision by 39.6% in the second quarter. Wellington Management Group LLP now owns 7,669,853 shares of the company’s stock worth $145,804,000 after buying an additional 2,173,887 shares in the last quarter. Public Employees Retirement System of Ohio purchased a new stake in National Vision during the 2nd quarter valued at about $38,000. Bank of America Corp DE acquired a new stake in National Vision in the 2nd quarter valued at about $16,174,000. Fund 1 Investments LLC acquired a new stake in National Vision in the 2nd quarter valued at about $4,863,000. Finally, Freestone Grove Partners LP purchased a new position in National Vision in the 2nd quarter worth approximately $766,000.

National Vision Stock Up 1.6%

Shares of NASDAQ EYE opened at $17.00 on Wednesday. The company has a market capitalization of $1.34 billion, a P/E ratio of 27.87, a P/E/G ratio of 1.32 and a beta of 0.98. The company has a debt-to-equity ratio of 0.25, a current ratio of 0.59 and a quick ratio of 0.27. The company has a 50 day simple moving average of $19.68 and a 200-day simple moving average of $21.43. National Vision Holdings, Inc. has a 1 year low of $14.75 and a 1 year high of $30.02.

National Vision (NASDAQ:EYE) last released its quarterly earnings data on Wednesday, August 12th. The company reported $0.25 EPS for the quarter, beating analysts’ consensus estimates of $0.18 by $0.07. The firm had revenue of $498.81 million for the quarter. National Vision had a return on equity of 6.78% and a net margin of 2.47%.The company’s revenue was up 2.6% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.18 earnings per share. On average, equities research analysts predict that National Vision Holdings, Inc. will post 0.65 earnings per share for the current year.

Analyst Ratings Changes

Several research analysts have recently weighed in on EYE shares. Bank of America lowered their target price on National Vision from $35.00 to $30.00 and set a “buy” rating on the stock in a report on Thursday, May 14th. Wells Fargo & Company reduced their price objective on National Vision from $30.00 to $20.00 and set an “equal weight” rating on the stock in a research report on Thursday, May 14th. Barclays lowered their price objective on National Vision from $38.00 to $27.00 and set an “overweight” rating on the stock in a research note on Thursday, May 14th. UBS Group dropped their target price on National Vision from $36.00 to $34.00 and set a “buy” rating for the company in a report on Thursday, August 13th. Finally, Morgan Stanley cut their target price on National Vision from $22.00 to $21.00 and set an “equal weight” rating for the company in a research note on Thursday, August 13th. Seven equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, National Vision currently has an average rating of “Moderate Buy” and a consensus price target of $30.36.

National Vision Company Profile

National Vision Holdings, Inc is an American optical retailer specializing in accessible vision care and eyewear. The company operates under multiple retail banners, offering comprehensive eye health services and a wide range of optical products. Since its founding in the early 1990s, National Vision has focused on providing value-driven solutions, targeting underserved and price?conscious consumer segments.

Through its primary retail brands—including America’s Best Contacts & Eyeglasses, Eyeglass World, Optical America and Vista Optical—National Vision delivers services such as comprehensive eye examinations, prescription eyewear, contact lenses, sunglasses and lens accessories.