GAMMA Investing LLC Grows Position in National Vision Holdings, Inc. (NASDAQ:EYE)

GAMMA Investing LLC boosted its stake in shares of National Vision Holdings, Inc. (NASDAQ:EYE) by 309.2% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 4,906 shares of the company’s stock after purchasing an additional 3,707 shares during the period. GAMMA Investing LLC’s holdings in National Vision were worth $51,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Hsbc Holdings PLC raised its holdings in National Vision by 153.4% during the second quarter. Hsbc Holdings PLC now owns 127,350 shares of the company’s stock valued at $1,625,000 after acquiring an additional 77,096 shares during the period. D. E. Shaw & Co. Inc. raised its holdings in National Vision by 115.7% during the second 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. Geode Capital Management LLC raised its holdings in National Vision by 2.5% during the third quarter. Geode Capital Management LLC now owns 1,900,371 shares of the company’s stock valued at $20,737,000 after acquiring an additional 45,754 shares during the period. Charles Schwab Investment Management Inc. raised its holdings in National Vision by 17.3% during the third quarter. Charles Schwab Investment Management Inc. now owns 1,412,292 shares of the company’s stock valued at $15,408,000 after acquiring an additional 208,684 shares during the period. Finally, Centiva Capital LP bought a new stake in National Vision during the third quarter valued at about $613,000.

National Vision Trading Up 0.6 %

Shares of EYE stock opened at $10.58 on Tuesday. National Vision Holdings, Inc. has a 12-month low of $9.56 and a 12-month high of $24.11. The company has a current ratio of 0.57, a quick ratio of 0.37 and a debt-to-equity ratio of 0.30. The stock’s 50-day moving average price is $11.30 and its 200-day moving average price is $11.29. The stock has a market capitalization of $833.18 million, a price-to-earnings ratio of -52.90, a price-to-earnings-growth ratio of 2.98 and a beta of 1.42.

National Vision (NASDAQ:EYE) last issued its earnings results on Wednesday, November 6th. The company reported $0.12 earnings per share (EPS) for the quarter, topping 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 for the quarter, compared to analysts’ expectations of $451.13 million. During the same period in the previous year, the firm posted $0.09 earnings per share. The business’s revenue was down 15.2% compared to the same quarter last year. Equities research analysts predict that National Vision Holdings, Inc. will post 0.27 EPS for the current fiscal year.

Analyst Ratings Changes

Separately, Wells Fargo & Company reduced their target price on National Vision from $13.00 to $12.00 and set an “equal weight” rating on the stock in a report on Monday, January 6th.

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.