Federated Hermes Inc. Has $2.85 Million Holdings in National Vision Holdings, Inc. (NASDAQ:EYE)

Federated Hermes Inc. decreased its position in National Vision Holdings, Inc. (NASDAQ:EYE) by 50.3% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 273,505 shares of the company’s stock after selling 277,310 shares during the period. Federated Hermes Inc. owned about 0.35% of National Vision worth $2,850,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. lifted its position in shares of National Vision by 27.0% in the fourth quarter. Envestnet Asset Management Inc. now owns 65,575 shares of the company’s stock worth $683,000 after purchasing an additional 13,955 shares in the last quarter. Wells Fargo & Company MN lifted its position in National Vision by 3.2% in the 4th quarter. Wells Fargo & Company MN now owns 45,211 shares of the company’s stock worth $471,000 after buying an additional 1,394 shares in the last quarter. Headlands Technologies LLC boosted its stake in shares of National Vision by 76.3% during the 4th quarter. Headlands Technologies LLC now owns 22,362 shares of the company’s stock valued at $233,000 after buying an additional 9,681 shares during the period. Franklin Resources Inc. grew its holdings in shares of National Vision by 38.6% during the 4th quarter. Franklin Resources Inc. now owns 45,339 shares of the company’s stock valued at $472,000 after acquiring an additional 12,631 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership increased its stake in shares of National Vision by 81.5% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 2,308,375 shares of the company’s stock worth $24,053,000 after acquiring an additional 1,036,459 shares during the last quarter.

Wall Street Analyst Weigh In

EYE has been the subject of a number of research reports. Morgan Stanley reduced their price objective on National Vision from $14.00 to $13.00 and set an “equal weight” rating for the company in a research report on Tuesday, January 21st. Wells Fargo & Company boosted their price target on National Vision from $12.00 to $13.00 and gave the company an “equal weight” rating in a research note on Thursday, February 27th. Barclays raised their price objective on shares of National Vision from $12.00 to $14.00 and gave the company an “equal weight” rating in a research report on Monday, March 3rd. Finally, Citigroup boosted their target price on shares of National Vision from $12.00 to $13.00 and gave the stock a “neutral” rating in a research 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 MarketBeat, the stock has an average rating of “Hold” and an average target price of $14.00.

National Vision Trading Up 0.3 %

Shares of EYE stock opened at $11.54 on Monday. National Vision Holdings, Inc. has a 12 month low of $9.56 and a 12 month high of $20.14. The company has a market cap of $909.16 million, a PE ratio of -57.70, a price-to-earnings-growth ratio of 3.27 and a beta of 1.22. The company has a quick ratio of 0.37, a current ratio of 0.57 and a debt-to-equity ratio of 0.30. The business’s 50 day moving average is $12.14 and its two-hundred day moving average is $11.38.

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.