National Vision Holdings, Inc. $EYE Shares Bought by Ieq Capital LLC

Ieq Capital LLC lifted its holdings in National Vision Holdings, Inc. (NASDAQ:EYE) by 4.9% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 24,816 shares of the company’s stock after acquiring an additional 1,159 shares during the period. Ieq Capital LLC’s holdings in National Vision were worth $317,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Meeder Asset Management Inc. acquired a new stake in shares of National Vision in the first quarter worth $35,000. Smartleaf Asset Management LLC increased its position in shares of National Vision by 69.3% in the first quarter. Smartleaf Asset Management LLC now owns 3,004 shares of the company’s stock worth $39,000 after acquiring an additional 1,230 shares in the last quarter. Tower Research Capital LLC TRC increased its position in shares of National Vision by 87.5% in the fourth quarter. Tower Research Capital LLC TRC now owns 7,050 shares of the company’s stock worth $73,000 after acquiring an additional 3,291 shares in the last quarter. GAMMA Investing LLC grew its holdings in National Vision by 49.2% during the 1st quarter. GAMMA Investing LLC now owns 7,318 shares of the company’s stock valued at $94,000 after purchasing an additional 2,412 shares in the last quarter. Finally, CWM LLC grew its holdings in National Vision by 61.2% during the 1st quarter. CWM LLC now owns 11,494 shares of the company’s stock valued at $147,000 after purchasing an additional 4,362 shares in the last quarter.

National Vision Stock Performance

Shares of EYE stock opened at $23.48 on Friday. The stock has a market capitalization of $1.86 billion, a price-to-earnings ratio of -130.44, a PEG ratio of 2.73 and a beta of 1.23. National Vision Holdings, Inc. has a one year low of $9.56 and a one year high of $25.67. The company’s 50-day simple moving average is $24.09 and its 200-day simple moving average is $18.44. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.31 and a current ratio of 0.52.

National Vision (NASDAQ:EYE) last announced its quarterly earnings data on Wednesday, August 6th. The company reported $0.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.12 by $0.06. National Vision had a positive return on equity of 3.56% and a negative net margin of 0.75%.The firm had revenue of $486.42 million for the quarter, compared to analysts’ expectations of $469.21 million. During the same quarter in the prior year, the firm posted $0.15 earnings per share. National Vision’s revenue for the quarter was up 7.7% compared to the same quarter last year. Equities analysts anticipate that National Vision Holdings, Inc. will post 0.31 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on EYE shares. Citigroup raised shares of National Vision from a “neutral” rating to a “buy” rating and raised their price target for the company from $13.00 to $21.00 in a report on Friday, May 9th. Wells Fargo & Company set a $27.00 price target on shares of National Vision and gave the company an “equal weight” rating in a report on Thursday, August 7th. The Goldman Sachs Group raised their price target on shares of National Vision from $17.00 to $22.00 and gave the company a “neutral” rating in a report on Thursday, August 7th. Wall Street Zen raised shares of National Vision from a “hold” rating to a “buy” rating in a report on Saturday, August 9th. Finally, Bank of America raised their price target on shares of National Vision from $22.00 to $26.00 and gave the company a “buy” rating in a report on Wednesday, June 18th. Six equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $24.73.

Insider Activity

In related news, Chairman L Reade Fahs sold 137,400 shares of the company’s stock in a transaction that occurred on Thursday, August 28th. The stock was sold at an average price of $24.33, for a total transaction of $3,342,942.00. Following the sale, the chairman directly owned 544,795 shares of the company’s stock, valued at approximately $13,254,862.35. This represents a 20.14% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 2.70% of the company’s stock.

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.