National Vision Holdings, Inc. (NASDAQ:EYE) Shares Sold by Strs Ohio

Strs Ohio reduced its stake in National Vision Holdings, Inc. (NASDAQ:EYEGet Rating) by 58.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,100 shares of the company’s stock after selling 2,900 shares during the period. Strs Ohio’s holdings in National Vision were worth $68,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of EYE. Ensign Peak Advisors Inc boosted its stake in shares of National Vision by 112.2% during the second quarter. Ensign Peak Advisors Inc now owns 6,450 shares of the company’s stock worth $177,000 after buying an additional 3,410 shares during the period. Virtu Financial LLC acquired a new stake in shares of National Vision during the 1st quarter valued at approximately $203,000. Profund Advisors LLC acquired a new stake in shares of National Vision during the 2nd quarter valued at approximately $211,000. Everence Capital Management Inc. acquired a new stake in shares of National Vision during the 2nd quarter valued at approximately $212,000. Finally, Captrust Financial Advisors increased its stake in shares of National Vision by 7.5% during the 2nd quarter. Captrust Financial Advisors now owns 8,497 shares of the company’s stock worth $234,000 after purchasing an additional 595 shares in the last quarter.

National Vision Stock Up 1.7 %

Shares of NASDAQ:EYE opened at $38.55 on Friday. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.05 and a current ratio of 1.42. The company has a market cap of $3.04 billion, a PE ratio of 56.69 and a beta of 1.48. National Vision Holdings, Inc. has a 52 week low of $22.59 and a 52 week high of $45.86. The firm has a 50 day simple moving average of $39.50 and a 200 day simple moving average of $35.61.

National Vision (NASDAQ:EYEGet Rating) last released its quarterly earnings data on Thursday, November 10th. The company reported $0.12 earnings per share for the quarter, beating the consensus estimate of $0.04 by $0.08. National Vision had a net margin of 2.86% and a return on equity of 6.19%. The firm had revenue of $499.21 million for the quarter, compared to analyst estimates of $499.85 million. As a group, research analysts expect that National Vision Holdings, Inc. will post 0.44 earnings per share for the current year.

Insider Buying and Selling

In related news, SVP Ravi Acharya sold 1,394 shares of the company’s stock in a transaction on Wednesday, January 4th. The shares were sold at an average price of $40.00, for a total transaction of $55,760.00. Following the completion of the sale, the senior vice president now directly owns 832 shares of the company’s stock, valued at approximately $33,280. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 1.70% of the stock is owned by insiders.

Analyst Ratings Changes

Several analysts have commented on EYE shares. Morgan Stanley cut shares of National Vision from an “overweight” rating to an “equal weight” rating in a research note on Tuesday, January 17th. Guggenheim lifted their target price on shares of National Vision to $45.00 in a report on Wednesday, November 16th. Citigroup boosted their price objective on shares of National Vision from $41.00 to $48.00 and gave the stock a “buy” rating in a report on Tuesday, November 15th. Barclays boosted their price objective on shares of National Vision from $39.00 to $43.00 and gave the stock an “overweight” rating in a report on Monday, November 14th. Finally, The Goldman Sachs Group boosted their target price on shares of National Vision from $36.00 to $41.00 and gave the stock a “buy” rating in a research report on Monday, November 14th. One analyst has rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, National Vision presently has a consensus rating of “Moderate Buy” and a consensus price target of $44.17.

National Vision Profile

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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.

Further Reading

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Institutional Ownership by Quarter for National Vision (NASDAQ:EYE)

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