Raymond James & Associates Has $894,000 Stake in National Vision Holdings, Inc. (NASDAQ:EYE)

Raymond James & Associates lowered its stake in shares of National Vision Holdings, Inc. (NASDAQ:EYE) by 24.1% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 42,709 shares of the company’s stock after selling 13,528 shares during the period. Raymond James & Associates owned approximately 0.05% of National Vision worth $894,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. William Blair Investment Management LLC lifted its position in shares of National Vision by 13.9% during the 3rd quarter. William Blair Investment Management LLC now owns 10,066,548 shares of the company’s stock worth $162,877,000 after buying an additional 1,228,933 shares in the last quarter. Vanguard Group Inc. lifted its position in shares of National Vision by 0.5% during the 3rd quarter. Vanguard Group Inc. now owns 8,828,107 shares of the company’s stock worth $142,839,000 after buying an additional 40,193 shares in the last quarter. Wellington Management Group LLP lifted its position in shares of National Vision by 0.6% during the 3rd quarter. Wellington Management Group LLP now owns 1,461,141 shares of the company’s stock worth $23,641,000 after buying an additional 8,859 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its position in shares of National Vision by 8.9% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 894,782 shares of the company’s stock worth $14,478,000 after buying an additional 73,414 shares in the last quarter. Finally, Emerald Advisers LLC lifted its position in shares of National Vision by 13.2% during the 3rd quarter. Emerald Advisers LLC now owns 818,204 shares of the company’s stock worth $13,239,000 after buying an additional 95,559 shares in the last quarter.

Analysts Set New Price Targets

Separately, The Goldman Sachs Group lifted their target price on shares of National Vision from $18.00 to $20.00 and gave the stock a “neutral” rating in a research report on Wednesday, February 28th. Five investment analysts have rated the stock with a hold rating, According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $23.86.

National Vision Trading Down 1.8 %

NASDAQ:EYE opened at $18.44 on Tuesday. The company has a current ratio of 1.00, a quick ratio of 0.70 and a debt-to-equity ratio of 0.54. The stock has a market capitalization of $1.44 billion, a PE ratio of -21.69, a price-to-earnings-growth ratio of 4.22 and a beta of 1.39. The firm’s 50 day moving average is $21.34 and its 200 day moving average is $19.59. National Vision Holdings, Inc. has a 12 month low of $13.71 and a 12 month high of $27.02.

National Vision (NASDAQ:EYE) last posted its quarterly earnings results on Tuesday, February 27th. The company reported ($0.02) EPS for the quarter, topping analysts’ consensus estimates of ($0.09) by $0.07. The company had revenue of $506.40 million for the quarter, compared to analysts’ expectations of $499.49 million. National Vision had a negative net margin of 3.10% and a positive return on equity of 3.69%. National Vision’s revenue was up 8.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($0.11) EPS. Sell-side analysts expect that National Vision Holdings, Inc. will post 0.31 earnings per share for the current year.

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.