NFJ Investment Group LLC Purchases Shares of 108,852 National Vision Holdings, Inc. $EYE

NFJ Investment Group LLC purchased a new stake in National Vision Holdings, Inc. (NASDAQ:EYE) during the second quarter, Holdings Channel reports. The firm purchased 108,852 shares of the company’s stock, valued at approximately $2,069,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of EYE. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of National Vision by 4.4% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 46,257 shares of the company’s stock worth $591,000 after acquiring an additional 1,948 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in National Vision by 6.0% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 235,125 shares of the company’s stock valued at $3,005,000 after acquiring an additional 13,384 shares in the last quarter. Creative Planning purchased a new position in National Vision in the second quarter worth $395,000. Walleye Capital LLC grew its holdings in National Vision by 29.4% in the second quarter. Walleye Capital LLC now owns 27,127 shares of the company’s stock worth $624,000 after purchasing an additional 6,170 shares during the last quarter. Finally, Cerity Partners LLC increased its position in shares of National Vision by 13.8% during the second quarter. Cerity Partners LLC now owns 16,887 shares of the company’s stock worth $389,000 after purchasing an additional 2,049 shares in the last quarter.

National Vision Stock Down 2.8%

NASDAQ:EYE opened at $17.88 on Friday. The company has a current ratio of 0.59, a quick ratio of 0.27 and a debt-to-equity ratio of 0.25. National Vision Holdings, Inc. has a twelve month low of $14.75 and a twelve month high of $30.02. The company has a market cap of $1.41 billion, a PE ratio of 29.31, a P/E/G ratio of 1.63 and a beta of 1.02. The company’s 50 day moving average is $19.73 and its two-hundred day moving average is $22.36.

National Vision (NASDAQ:EYE) last posted its quarterly earnings results on Wednesday, August 12th. The company reported $0.25 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.18 by $0.07. National Vision had a net margin of 2.47% and a return on equity of 6.78%. The business had revenue of $498.81 million during the quarter. During the same period in the prior year, the business posted $0.18 EPS. The company’s quarterly revenue was up 2.6% on a year-over-year basis. Analysts anticipate that National Vision Holdings, Inc. will post 0.58 EPS for the current year.

Analyst Ratings Changes

Several analysts have recently commented on the company. Wells Fargo & Company decreased their price objective on National Vision from $30.00 to $20.00 and set an “equal weight” rating for the company in a report on Thursday, May 14th. Weiss Ratings restated a “hold (c)” rating on shares of National Vision in a research note on Tuesday, August 11th. Roth Capital reaffirmed a “buy” rating and set a $27.00 target price on shares of National Vision in a research report on Thursday, August 13th. UBS Group decreased their price target on National Vision from $36.00 to $34.00 and set a “buy” rating for the company in a research note on Thursday, August 13th. Finally, Barclays decreased their price target on National Vision from $38.00 to $27.00 and set an “overweight” rating for the company in a research note on Thursday, May 14th. Seven analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average 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.