Charles Schwab Investment Management Inc. Grows Stock Holdings in National Vision Holdings, Inc. (NASDAQ:EYE)

Charles Schwab Investment Management Inc. lifted its holdings in National Vision Holdings, Inc. (NASDAQ:EYE) by 11.5% in the fourth quarter, Holdings Channel reports. The fund owned 997,538 shares of the company’s stock after purchasing an additional 102,756 shares during the quarter. Charles Schwab Investment Management Inc.’s holdings in National Vision were worth $20,878,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the stock. Headlands Technologies LLC bought a new stake in shares of National Vision during the 4th quarter worth approximately $131,000. WINTON GROUP Ltd bought a new position in shares of National Vision in the third quarter worth about $206,000. Natixis Advisors L.P. purchased a new position in National Vision in the 4th quarter worth about $255,000. Handelsbanken Fonder AB boosted its position in National Vision by 4.0% in the 4th quarter. Handelsbanken Fonder AB now owns 15,600 shares of the company’s stock valued at $327,000 after buying an additional 600 shares during the period. Finally, Numerai GP LLC bought a new position in National Vision in the 3rd quarter worth about $400,000.

Insider Activity

In other news, CEO L Reade Fahs acquired 20,000 shares of the business’s stock in a transaction dated Monday, May 13th. The shares were acquired at an average cost of $14.96 per share, with a total value of $299,200.00. Following the completion of the acquisition, the chief executive officer now owns 633,097 shares of the company’s stock, valued at $9,471,131.12. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. In other National Vision news, Director D Randolph Peeler bought 34,000 shares of National Vision stock in a transaction that occurred on Friday, May 10th. The stock was purchased at an average price of $14.45 per share, with a total value of $491,300.00. Following the completion of the acquisition, the director now directly owns 182,880 shares in the company, valued at approximately $2,642,616. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO L Reade Fahs purchased 20,000 shares of the stock in a transaction on Monday, May 13th. The stock was acquired at an average cost of $14.96 per share, for a total transaction of $299,200.00. Following the completion of the acquisition, the chief executive officer now owns 633,097 shares of the company’s stock, valued at approximately $9,471,131.12. The disclosure for this purchase can be found here. Corporate insiders own 2.10% of the company’s stock.

National Vision Trading Down 1.5 %

National Vision stock opened at $14.77 on Friday. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.69 and a current ratio of 1.01. The stock has a market cap of $1.16 billion, a PE ratio of -16.05, a price-to-earnings-growth ratio of 2.47 and a beta of 1.47. The stock has a 50-day moving average of $18.70 and a two-hundred day moving average of $19.72. National Vision Holdings, Inc. has a one year low of $13.71 and a one year high of $27.02.

National Vision (NASDAQ:EYE) last announced its quarterly earnings data on Tuesday, February 27th. The company reported ($0.02) EPS for the quarter, beating the consensus estimate of ($0.09) by $0.07. The firm had revenue of $506.40 million during the quarter, compared to analyst estimates of $499.49 million. National Vision had a negative net margin of 3.44% and a positive return on equity of 3.47%. National Vision’s revenue was up 8.0% on a year-over-year basis. During the same period last year, the firm posted ($0.11) EPS. On average, research analysts anticipate that National Vision Holdings, Inc. will post 0.31 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on EYE. Barclays decreased their price target on shares of National Vision from $19.00 to $16.00 and set an “equal weight” rating for the company in a research note on Friday, May 10th. The Goldman Sachs Group lifted their target price on National Vision from $18.00 to $20.00 and gave the company a “neutral” rating in a research report on Wednesday, February 28th. Five research analysts have rated the stock with a hold rating, According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $19.60.

National Vision 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.