National Vision Holdings, Inc. (NASDAQ:EYE) Shares Bought by Vanguard Group Inc.

Vanguard Group Inc. raised its position in National Vision Holdings, Inc. (NASDAQ:EYE) by 0.6% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 8,882,529 shares of the company’s stock after purchasing an additional 54,422 shares during the quarter. Vanguard Group Inc. owned about 11.34% of National Vision worth $185,911,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently made changes to their positions in the company. Quadrant Capital Group LLC increased its stake in shares of National Vision by 252.9% in the fourth quarter. Quadrant Capital Group LLC now owns 1,694 shares of the company’s stock valued at $35,000 after purchasing an additional 1,214 shares during the period. TFO Wealth Partners LLC raised its holdings in National Vision by 165,300.0% during the fourth quarter. TFO Wealth Partners LLC now owns 4,962 shares of the company’s stock worth $104,000 after purchasing an additional 4,959 shares in the last quarter. Headlands Technologies LLC acquired a new stake in National Vision in the fourth quarter worth approximately $131,000. Olympiad Research LP bought a new position in National Vision during the 4th quarter valued at $219,000. Finally, Natixis Advisors L.P. acquired a new position in shares of National Vision during the 4th quarter valued at $255,000.

Analyst Ratings Changes

Separately, Barclays cut their price objective on National Vision from $19.00 to $16.00 and set an “equal weight” rating for the company in a report on Friday, May 10th. Five research analysts have rated the stock with a hold rating, Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $19.60.

Insider Transactions at National Vision

In other news, CEO L Reade Fahs acquired 20,000 shares of the firm’s stock in a transaction that occurred on Monday, May 13th. The stock was purchased at an average price of $14.96 per share, with a total value of $299,200.00. Following the purchase, the chief executive officer now owns 633,097 shares of the company’s stock, valued at approximately $9,471,131.12. The purchase was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In other National Vision news, CEO L Reade Fahs acquired 20,000 shares of National Vision stock in a transaction that occurred on Monday, May 13th. The stock was purchased at an average cost of $14.96 per share, with a total value of $299,200.00. Following the purchase, the chief executive officer now owns 633,097 shares in the company, valued at $9,471,131.12. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director D Randolph Peeler bought 34,000 shares of the stock in a transaction on Friday, May 10th. The shares were acquired at an average cost of $14.45 per share, for a total transaction of $491,300.00. Following the purchase, the director now owns 182,880 shares in the company, valued at $2,642,616. The disclosure for this purchase can be found here. 2.30% of the stock is currently owned by insiders.

National Vision Price Performance

Shares of NASDAQ:EYE opened at $12.48 on Wednesday. The company has a market capitalization of $980.43 million, a PE ratio of -13.57, a price-to-earnings-growth ratio of 2.76 and a beta of 1.44. 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 fifty day moving average of $14.98 and a 200-day moving average of $18.72. National Vision Holdings, Inc. has a one year low of $12.24 and a one year high of $25.16.

National Vision (NASDAQ:EYE) last announced its earnings results on Wednesday, May 8th. The company reported $0.27 EPS for the quarter, beating the consensus estimate of $0.22 by $0.05. The business had revenue of $542.52 million during the quarter, compared to the consensus estimate of $557.47 million. National Vision had a positive return on equity of 3.47% and a negative net margin of 3.44%. As a group, equities analysts anticipate that National Vision Holdings, Inc. will post 0.34 EPS for the current fiscal year.

About National Vision

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.