Inspire Investing LLC Has $359,000 Holdings in National Vision Holdings, Inc. (NASDAQ:EYE)

Inspire Investing LLC boosted its holdings in National Vision Holdings, Inc. (NASDAQ:EYE) by 71.4% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 27,392 shares of the company’s stock after purchasing an additional 11,407 shares during the quarter. Inspire Investing LLC’s holdings in National Vision were worth $359,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of EYE. Clearbridge Investments LLC lifted its position in shares of National Vision by 4.2% during the 1st quarter. Clearbridge Investments LLC now owns 4,511,738 shares of the company’s stock valued at $99,980,000 after acquiring an additional 182,504 shares during the period. CenterBook Partners LP acquired a new position in National Vision in the fourth quarter valued at about $1,776,000. Hawk Ridge Capital Management LP bought a new stake in National Vision during the fourth quarter worth about $69,274,000. Invenomic Capital Management LP acquired a new stake in National Vision during the fourth quarter worth about $5,872,000. Finally, Jane Street Group LLC increased its holdings in National Vision by 166.6% in the 1st quarter. Jane Street Group LLC now owns 211,305 shares of the company’s stock valued at $4,683,000 after buying an additional 132,039 shares during the period.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the stock. Barclays cut 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. UBS Group cut their target price on National Vision from $20.00 to $18.00 and set a “buy” rating for the company in a research note on Thursday, August 8th. Finally, The Goldman Sachs Group decreased their price target on National Vision from $20.00 to $13.00 and set a “neutral” rating on the stock in a research note on Friday, August 9th. Three investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $15.25.

National Vision Price Performance

Shares of NASDAQ:EYE opened at $10.58 on Friday. National Vision Holdings, Inc. has a one year low of $9.60 and a one 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 company has a market cap of $831.18 million, a price-to-earnings ratio of -11.50, a PEG ratio of 1.60 and a beta of 1.41. The firm has a 50 day simple moving average of $11.60 and a 200 day simple moving average of $15.19.

National Vision (NASDAQ:EYE) last announced its quarterly earnings results on Wednesday, August 7th. The company reported $0.15 EPS for the quarter, beating analysts’ consensus estimates of $0.09 by $0.06. The company had revenue of $451.70 million during the quarter, compared to analysts’ expectations of $451.35 million. National Vision had a positive return on equity of 3.53% and a negative net margin of 4.00%. National Vision’s revenue was down 14.0% compared to the same quarter last year. During the same period in the prior year, the company earned $0.11 EPS. Research analysts predict that National Vision Holdings, Inc. will post 0.33 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.