National Vision Holdings, Inc. (NASDAQ:EYE) Shares Acquired by Victory Capital Management Inc.

Victory Capital Management Inc. raised its position in shares of National Vision Holdings, Inc. (NASDAQ:EYE) by 5.9% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 58,035 shares of the company’s stock after acquiring an additional 3,228 shares during the quarter. Victory Capital Management Inc. owned approximately 0.07% of National Vision worth $760,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the company. Innealta Capital LLC acquired a new stake in National Vision during the second quarter worth $30,000. Quadrant Capital Group LLC boosted its position in shares of National Vision by 252.9% during the fourth quarter. Quadrant Capital Group LLC now owns 1,694 shares of the company’s stock worth $35,000 after buying an additional 1,214 shares during the period. CWM LLC boosted its position in shares of National Vision by 44.8% during the second quarter. CWM LLC now owns 2,717 shares of the company’s stock worth $36,000 after buying an additional 841 shares during the period. TFO Wealth Partners LLC boosted its position in shares of National Vision by 165,300.0% during the fourth quarter. TFO Wealth Partners LLC now owns 4,962 shares of the company’s stock worth $104,000 after buying an additional 4,959 shares during the period. Finally, PNC Financial Services Group Inc. boosted its position in shares of National Vision by 56.2% during the fourth quarter. PNC Financial Services Group Inc. now owns 6,669 shares of the company’s stock worth $140,000 after buying an additional 2,400 shares during the period.

National Vision Stock Down 3.5 %

National Vision stock opened at $10.58 on Friday. National Vision Holdings, Inc. has a 1-year low of $9.60 and a 1-year 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 stock has a market cap of $831.18 million, a PE ratio of -11.50, a P/E/G ratio of 1.60 and a beta of 1.41. The stock’s fifty day moving average is $11.60 and its two-hundred day moving average is $15.19.

National Vision (NASDAQ:EYE) last posted its quarterly earnings results on Wednesday, August 7th. The company reported $0.15 earnings per share for the quarter, beating analysts’ consensus estimates of $0.09 by $0.06. National Vision had a positive return on equity of 3.53% and a negative net margin of 4.00%. The company had revenue of $451.70 million for the quarter, compared to analysts’ expectations of $451.35 million. During the same period last year, the firm earned $0.11 earnings per share. National Vision’s quarterly revenue was down 14.0% on a year-over-year basis. On average, sell-side analysts expect that National Vision Holdings, Inc. will post 0.33 EPS for the current fiscal year.

Analysts Set New Price Targets

EYE has been the subject of several research analyst reports. The Goldman Sachs Group lowered their price target on National Vision from $20.00 to $13.00 and set a “neutral” rating for the company in a research report on Friday, August 9th. Barclays decreased their target price on National Vision from $16.00 to $11.00 and set an “equal weight” rating for the company in a report on Thursday, August 8th. Finally, UBS Group decreased their target price on National Vision from $20.00 to $18.00 and set a “buy” 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, National Vision currently has a consensus rating of “Hold” and a consensus target price of $15.25.

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.