D. E. Shaw & Co. Inc. Has $32.45 Million Stock Position in National Vision Holdings, Inc. (NASDAQ:EYE)

D. E. Shaw & Co. Inc. increased its holdings in National Vision Holdings, Inc. (NASDAQ:EYE) by 115.7% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,479,245 shares of the company’s stock after acquiring an additional 1,330,023 shares during the period. D. E. Shaw & Co. Inc. owned about 3.16% of National Vision worth $32,453,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the business. AQR Capital Management LLC acquired a new stake in shares of National Vision during the 2nd quarter valued at $555,000. AXA S.A. purchased a new stake in shares of National Vision during the second quarter worth $253,000. Marshall Wace LLP boosted its position in National Vision by 85.6% during the second quarter. Marshall Wace LLP now owns 1,761,767 shares of the company’s stock valued at $23,062,000 after purchasing an additional 812,513 shares during the last quarter. Bank of Montreal Can purchased a new position in National Vision in the second quarter valued at about $371,000. Finally, Lombard Odier Asset Management USA Corp increased its position in National Vision by 256.3% in the 2nd quarter. Lombard Odier Asset Management USA Corp now owns 49,097 shares of the company’s stock worth $643,000 after purchasing an additional 35,319 shares during the last quarter.

Analyst Upgrades and Downgrades

A number of research firms recently commented on EYE. Barclays dropped their price objective on National Vision from $16.00 to $11.00 and set an “equal weight” rating on the stock in a report on Thursday, August 8th. The Goldman Sachs Group cut their price target on shares of National Vision from $20.00 to $13.00 and set a “neutral” rating on the stock in a report on Friday, August 9th. Finally, UBS Group decreased their price objective on shares of National Vision from $20.00 to $18.00 and set a “buy” rating for the company in a report on Thursday, August 8th. Three investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. Based on data from MarketBeat, National Vision has a consensus rating of “Hold” and an average target price of $15.25.

National Vision Stock Up 1.7 %

Shares of National Vision stock opened at $11.02 on Friday. National Vision Holdings, Inc. has a 12-month low of $9.60 and a 12-month high of $24.11. The stock has a market capitalization of $865.74 million, a P/E ratio of -11.98, a PEG ratio of 1.66 and a beta of 1.41. The company has a quick ratio of 0.41, a current ratio of 0.55 and a debt-to-equity ratio of 0.17. The stock has a 50 day moving average price of $11.32 and a two-hundred day moving average price of $14.82.

National Vision (NASDAQ:EYE) last posted its earnings results on Wednesday, August 7th. The company reported $0.15 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.09 by $0.06. National Vision had a negative net margin of 4.00% and a positive return on equity of 3.53%. The business had revenue of $451.70 million for the quarter, compared to analyst estimates of $451.35 million. During the same period last year, the business posted $0.11 EPS. National Vision’s revenue was down 14.0% compared to the same quarter last year. Equities analysts expect that National Vision Holdings, Inc. will post 0.33 earnings per share for the current 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.