Thrivent Financial for Lutherans Trims Stock Position in National Vision Holdings, Inc. (NASDAQ:EYE)

Thrivent Financial for Lutherans lowered its holdings in shares of National Vision Holdings, Inc. (NASDAQ:EYE) by 5.3% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 61,752 shares of the company’s stock after selling 3,465 shares during the quarter. Thrivent Financial for Lutherans owned approximately 0.08% of National Vision worth $674,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Dimensional Fund Advisors LP grew its stake in shares of National Vision by 28.3% during the 2nd quarter. Dimensional Fund Advisors LP now owns 2,975,854 shares of the company’s stock valued at $38,952,000 after acquiring an additional 656,656 shares during the period. D. E. Shaw & Co. Inc. grew its stake in shares of National Vision by 115.7% during the 2nd quarter. D. E. Shaw & Co. Inc. now owns 2,479,245 shares of the company’s stock valued at $32,453,000 after acquiring an additional 1,330,023 shares during the period. Marshall Wace LLP grew its stake in shares of National Vision by 85.6% during the 2nd quarter. Marshall Wace LLP now owns 1,761,767 shares of the company’s stock valued at $23,062,000 after acquiring an additional 812,513 shares during the period. Assenagon Asset Management S.A. grew its stake in shares of National Vision by 3,645.8% during the 3rd quarter. Assenagon Asset Management S.A. now owns 609,701 shares of the company’s stock valued at $6,652,000 after acquiring an additional 593,424 shares during the period. Finally, Allspring Global Investments Holdings LLC grew its stake in shares of National Vision by 12.5% during the 2nd quarter. Allspring Global Investments Holdings LLC now owns 464,414 shares of the company’s stock valued at $6,079,000 after acquiring an additional 51,753 shares during the period.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the company. Barclays cut their price objective on National Vision from $16.00 to $11.00 and set an “equal weight” rating for the company in a research note on Thursday, August 8th. The Goldman Sachs Group dropped their price target on National Vision from $20.00 to $13.00 and set a “neutral” rating for the company in a research note on Friday, August 9th. Finally, UBS Group dropped their price target on National Vision from $20.00 to $18.00 and set a “buy” rating for the company in a research note on Thursday, August 8th.

National Vision Trading Down 0.8 %

EYE stock opened at $11.25 on Thursday. National Vision Holdings, Inc. has a 1-year low of $9.56 and a 1-year high of $24.11. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.57 and a quick ratio of 0.37. The company has a market capitalization of $885.94 million, a price-to-earnings ratio of -56.25, a PEG ratio of 3.01 and a beta of 1.41. The business has a 50 day simple moving average of $10.88 and a two-hundred day simple moving average of $11.92.

National Vision (NASDAQ:EYE) last posted its earnings results on Wednesday, November 6th. The company reported $0.12 EPS for the quarter, beating analysts’ consensus estimates of $0.06 by $0.06. The firm had revenue of $451.50 million during the quarter, compared to the consensus estimate of $451.13 million. National Vision had a positive return on equity of 3.52% and a negative net margin of 0.81%. The company’s quarterly revenue was down 15.2% compared to the same quarter last year. During the same period in the prior year, the company earned $0.09 EPS. Research analysts anticipate that National Vision Holdings, Inc. will post 0.27 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.