Corebridge Financial Inc. Reduces Stock Position in National Vision Holdings, Inc. (NASDAQ:EYE)

Corebridge Financial Inc. reduced its position in National Vision Holdings, Inc. (NASDAQ:EYE) by 7.2% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 41,485 shares of the company’s stock after selling 3,235 shares during the quarter. Corebridge Financial Inc.’s holdings in National Vision were worth $432,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of EYE. Quarry LP bought a new position in shares of National Vision in the third quarter worth approximately $43,000. GAMMA Investing LLC boosted its stake in National Vision by 309.2% in the fourth quarter. GAMMA Investing LLC now owns 4,906 shares of the company’s stock worth $51,000 after buying an additional 3,707 shares in the last quarter. KLP Kapitalforvaltning AS purchased a new position in National Vision in the 4th quarter worth $178,000. Stoneridge Investment Partners LLC increased its holdings in shares of National Vision by 16.5% in the fourth quarter. Stoneridge Investment Partners LLC now owns 17,511 shares of the company’s stock worth $182,000 after buying an additional 2,475 shares during the period. Finally, SG Americas Securities LLC purchased a new position in National Vision in the 4th quarter worth approximately $207,000.

National Vision Price Performance

EYE stock opened at $11.90 on Thursday. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.57 and a quick ratio of 0.37. National Vision Holdings, Inc. has a 1 year low of $9.56 and a 1 year high of $20.14. The company has a market cap of $937.52 million, a P/E ratio of -59.50, a PEG ratio of 3.27 and a beta of 1.22. The firm has a 50-day moving average of $12.13 and a 200 day moving average of $11.36.

Analysts Set New Price Targets

Several equities research analysts have weighed in on EYE shares. Wells Fargo & Company increased their price target on shares of National Vision from $12.00 to $13.00 and gave the company an “equal weight” rating in a research report on Thursday, February 27th. Morgan Stanley dropped their target price on shares of National Vision from $14.00 to $13.00 and set an “equal weight” rating for the company in a report on Tuesday, January 21st. Barclays boosted their price target on National Vision from $12.00 to $14.00 and gave the company an “equal weight” rating in a report on Monday, March 3rd. Finally, Citigroup increased their price objective on National Vision from $12.00 to $13.00 and gave the stock a “neutral” rating in a report on Friday, March 7th. Five equities research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $14.00.

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.