National Vision Holdings, Inc. (NASDAQ:EYE) Shares Sold by Federated Hermes Inc.

Federated Hermes Inc. lowered its holdings in National Vision Holdings, Inc. (NASDAQ:EYE) by 4.2% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 582,174 shares of the company’s stock after selling 25,493 shares during the period. Federated Hermes Inc. owned approximately 0.74% of National Vision worth $7,621,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the business. Meeder Asset Management Inc. acquired a new stake in shares of National Vision in the second quarter worth $32,000. American Century Companies Inc. increased its position in shares of National Vision by 21.5% in the second quarter. American Century Companies Inc. now owns 110,628 shares of the company’s stock worth $1,448,000 after acquiring an additional 19,563 shares in the last quarter. Headlands Technologies LLC grew its holdings in National Vision by 688.3% during the 2nd quarter. Headlands Technologies LLC now owns 8,750 shares of the company’s stock valued at $115,000 after purchasing an additional 7,640 shares in the last quarter. Quest Partners LLC grew its holdings in National Vision by 37.5% during the 2nd quarter. Quest Partners LLC now owns 13,571 shares of the company’s stock valued at $178,000 after purchasing an additional 3,702 shares in the last quarter. Finally, Victory Capital Management Inc. grew its holdings in National Vision by 5.9% during the 2nd quarter. Victory Capital Management Inc. now owns 58,035 shares of the company’s stock valued at $760,000 after purchasing an additional 3,228 shares in the last quarter.

National Vision Trading Up 2.7 %

NASDAQ EYE opened at $11.07 on Wednesday. National Vision Holdings, Inc. has a 12 month low of $9.60 and a 12 month high of $24.11. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.55 and a quick ratio of 0.41. The company has a market capitalization of $869.67 million, a price-to-earnings ratio of -12.03, a price-to-earnings-growth ratio of 1.60 and a beta of 1.41. The company’s fifty day moving average price is $11.70 and its two-hundred day moving average price is $15.39.

National Vision (NASDAQ:EYE) last posted its quarterly earnings data on Wednesday, August 7th. The company reported $0.15 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 firm had revenue of $451.70 million for the quarter, compared to the consensus estimate of $451.35 million. During the same period in the prior year, the firm posted $0.11 EPS. The firm’s revenue was down 14.0% compared to the same quarter last year. As a group, research analysts predict that National Vision Holdings, Inc. will post 0.33 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on EYE shares. The Goldman Sachs Group lowered their price target on shares of National Vision from $20.00 to $13.00 and set a “neutral” rating for the company in a report on Friday, August 9th. UBS Group lowered their price target 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. Finally, Barclays lowered their price target on shares of National Vision from $16.00 to $11.00 and set an “equal weight” 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 given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $15.25.

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.