State Street Corp Cuts Stock Holdings in National Vision Holdings, Inc. (NASDAQ:EYE)

State Street Corp lowered its stake in National Vision Holdings, Inc. (NASDAQ:EYE) by 56.7% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 3,461,933 shares of the company’s stock after selling 4,537,682 shares during the quarter. State Street Corp owned about 4.40% of National Vision worth $37,770,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in EYE. Assenagon Asset Management S.A. bought a new stake in National Vision in the second quarter worth $213,000. Allspring Global Investments Holdings LLC raised its stake in shares of National Vision by 12.5% during the second 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 in the last quarter. Innealta Capital LLC purchased a new stake in shares of National Vision in the second quarter valued at approximately $30,000. Versor Investments LP boosted its holdings in shares of National Vision by 140.6% in the second quarter. Versor Investments LP now owns 52,260 shares of the company’s stock valued at $684,000 after purchasing an additional 30,537 shares during the period. Finally, Victory Capital Management Inc. grew its stake in National Vision by 5.9% in the second quarter. Victory Capital Management Inc. now owns 58,035 shares of the company’s stock worth $760,000 after purchasing an additional 3,228 shares in the last quarter.

National Vision Trading Up 4.5 %

Shares of NASDAQ EYE opened at $11.57 on Friday. National Vision Holdings, Inc. has a twelve month low of $9.56 and a twelve month high of $24.11. The company has a quick ratio of 0.37, a current ratio of 0.57 and a debt-to-equity ratio of 0.30. The business has a fifty day simple moving average of $11.12 and a two-hundred day simple moving average of $11.65. The firm has a market cap of $911.14 million, a PE ratio of -57.85, a price-to-earnings-growth ratio of 3.10 and a beta of 1.41.

National Vision (NASDAQ:EYE) last released its quarterly earnings data on Wednesday, November 6th. The company reported $0.12 earnings per share for the quarter, beating the consensus estimate of $0.06 by $0.06. National Vision had a positive return on equity of 3.52% and a negative net margin of 0.81%. The firm had revenue of $451.50 million during the quarter, compared to the consensus estimate of $451.13 million. During the same period in the previous year, the company posted $0.09 earnings per share. The firm’s quarterly revenue was down 15.2% on a year-over-year basis. Analysts expect that National Vision Holdings, Inc. will post 0.27 earnings per share 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.