National Vision Holdings, Inc. (NASDAQ:EYE) Shares Bought by Bank of New York Mellon Corp

Bank of New York Mellon Corp increased its position in National Vision Holdings, Inc. (NASDAQ:EYE) by 2.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 523,591 shares of the company’s stock after buying an additional 12,190 shares during the period. Bank of New York Mellon Corp owned about 0.66% of National Vision worth $5,456,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of EYE. Point72 DIFC Ltd purchased a new stake in National Vision in the 3rd quarter valued at about $2,858,000. Charles Schwab Investment Management Inc. grew its holdings in National Vision by 17.3% in 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 purchasing an additional 208,684 shares during the period. Centiva Capital LP purchased a new stake in National Vision in the third quarter valued at approximately $613,000. Geode Capital Management LLC increased its position 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 worth $20,737,000 after purchasing an additional 45,754 shares during the last quarter. Finally, FORA Capital LLC purchased a new position in National Vision during the third quarter worth approximately $425,000.

Analysts Set New Price Targets

EYE has been the subject of several research reports. Citigroup boosted their price objective on shares of National Vision from $12.00 to $13.00 and gave the company a “neutral” rating in a research note on Friday, March 7th. Morgan Stanley lowered their price target on National Vision from $14.00 to $13.00 and set an “equal weight” rating for the company in a research report on Tuesday, January 21st. Wells Fargo & Company raised their price objective on National Vision from $12.00 to $13.00 and gave the stock an “equal weight” rating in a report on Thursday, February 27th. Finally, Barclays boosted their target price on National Vision from $12.00 to $14.00 and gave the stock an “equal weight” rating in a report on Monday, March 3rd. Five 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, the company presently has a consensus rating of “Hold” and an average price target of $14.00.

National Vision Stock Up 3.5 %

Shares of NASDAQ EYE opened at $12.06 on Tuesday. The stock has a fifty day moving average price of $11.61 and a 200 day moving average price of $11.12. The company has a current ratio of 0.57, a quick ratio of 0.37 and a debt-to-equity ratio of 0.30. National Vision Holdings, Inc. has a 12-month low of $9.56 and a 12-month high of $23.26. The company has a market cap of $950.12 million, a P/E ratio of -60.30, a P/E/G ratio of 3.27 and a beta of 1.51.

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.