National Vision Holdings, Inc. (NASDAQ:EYE) Shares Acquired by Quest Partners LLC

Quest Partners LLC lifted its stake in National Vision Holdings, Inc. (NASDAQ:EYE) by 72.1% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 23,357 shares of the company’s stock after purchasing an additional 9,786 shares during the quarter. Quest Partners LLC’s holdings in National Vision were worth $255,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the stock. Hsbc Holdings PLC lifted its holdings in shares of National Vision by 153.4% in the second quarter. Hsbc Holdings PLC now owns 127,350 shares of the company’s stock valued at $1,625,000 after purchasing an additional 77,096 shares in the last quarter. D. E. Shaw & Co. Inc. boosted its position in National Vision by 115.7% during the 2nd quarter. D. E. Shaw & Co. Inc. now owns 2,479,245 shares of the company’s stock worth $32,453,000 after acquiring an additional 1,330,023 shares during the period. Jane Street Group LLC grew its stake in National Vision by 166.6% during the 1st quarter. Jane Street Group LLC now owns 211,305 shares of the company’s stock valued at $4,683,000 after acquiring an additional 132,039 shares in the last quarter. Allspring Global Investments Holdings LLC increased its holdings in shares of National Vision by 12.5% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 464,414 shares of the company’s stock valued at $6,079,000 after purchasing an additional 51,753 shares during the period. Finally, Assenagon Asset Management S.A. lifted its position in shares of National Vision by 3,645.8% in the third quarter. Assenagon Asset Management S.A. now owns 609,701 shares of the company’s stock worth $6,652,000 after purchasing an additional 593,424 shares in the last quarter.

Wall Street Analyst Weigh In

Several research firms have weighed in on EYE. The Goldman Sachs Group dropped their price objective on shares of National Vision from $20.00 to $13.00 and set a “neutral” rating on the stock in a research note on Friday, August 9th. UBS Group lowered their target price on National Vision from $20.00 to $18.00 and set a “buy” rating on the stock in a research note on Thursday, August 8th. Finally, Barclays cut their price target on 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.

National Vision Stock Performance

Shares of NASDAQ EYE opened at $12.45 on Wednesday. The business’s 50-day simple moving average is $10.72 and its 200-day simple moving average is $12.07. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.37 and a current ratio of 0.57. National Vision Holdings, Inc. has a 52 week low of $9.56 and a 52 week high of $24.11. The firm has a market cap of $980.04 million, a price-to-earnings ratio of -62.23, a P/E/G ratio of 3.04 and a beta of 1.42.

National Vision (NASDAQ:EYE) last released its quarterly earnings results on Wednesday, November 6th. The company reported $0.12 EPS for the quarter, beating analysts’ consensus estimates of $0.06 by $0.06. The company had revenue of $451.50 million for the quarter, compared to analyst estimates of $451.13 million. National Vision had a negative net margin of 0.81% and a positive return on equity of 3.52%. The company’s quarterly revenue was down 15.2% compared to the same quarter last year. During the same quarter last year, the firm posted $0.09 earnings per share. As a group, equities research analysts expect that National Vision Holdings, Inc. will post 0.27 earnings per share 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.