Deutsche Bank AG Has $5.51 Million Stake in National Vision Holdings, Inc. (NASDAQ:EYE)

Deutsche Bank AG increased its position in National Vision Holdings, Inc. (NASDAQ:EYE) by 4.5% in the 4th quarter, Holdings Channel reports. The firm owned 528,287 shares of the company’s stock after buying an additional 22,886 shares during the quarter. Deutsche Bank AG’s holdings in National Vision were worth $5,505,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently bought and sold shares of the business. Tower Research Capital LLC TRC raised its stake in shares of National Vision by 87.5% in the 4th quarter. Tower Research Capital LLC TRC now owns 7,050 shares of the company’s stock valued at $73,000 after buying an additional 3,291 shares in the last quarter. Guggenheim Capital LLC acquired a new stake in shares of National Vision during the 4th quarter valued at about $150,000. Norges Bank bought a new stake in National Vision in the fourth quarter valued at about $176,000. KLP Kapitalforvaltning AS acquired a new position in National Vision in the fourth quarter worth about $178,000. Finally, Stoneridge Investment Partners LLC lifted its stake in National Vision by 16.5% during the fourth quarter. Stoneridge Investment Partners LLC now owns 17,511 shares of the company’s stock worth $182,000 after purchasing an additional 2,475 shares during the period.

Analyst Ratings Changes

Several research firms have recently weighed in on EYE. UBS Group upped their price objective on National Vision from $18.00 to $20.00 and gave the company a “buy” rating in a research note on Thursday, May 8th. The Goldman Sachs Group boosted their price target on National Vision from $13.00 to $17.00 and gave the company a “neutral” rating in a research note on Friday, May 9th. Morgan Stanley dropped their price objective on National Vision from $14.00 to $13.00 and set an “equal weight” rating for the company in a research note on Tuesday, January 21st. Bank of America raised National Vision from an “underperform” rating to a “buy” rating in a report on Wednesday, May 7th. Finally, Citigroup raised shares of National Vision from a “neutral” rating to a “buy” rating and upped their target price for the stock from $13.00 to $21.00 in a report on Friday, May 9th. Four analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $17.57.

Insiders Place Their Bets

In other National Vision news, SVP Ravi Acharya sold 12,000 shares of the stock in a transaction on Tuesday, May 13th. The stock was sold at an average price of $18.75, for a total value of $225,000.00. Following the transaction, the senior vice president now directly owns 11,700 shares in the company, valued at approximately $219,375. This trade represents a 50.63% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 2.70% of the company’s stock.

National Vision Stock Up 3.3%

NASDAQ EYE opened at $19.22 on Monday. The stock’s 50 day simple moving average is $13.11 and its 200 day simple moving average is $12.04. National Vision Holdings, Inc. has a one year low of $9.56 and a one year high of $19.41. The firm has a market cap of $1.52 billion, a PE ratio of -96.10, a price-to-earnings-growth ratio of 3.27 and a beta of 1.02. 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 (NASDAQ:EYE) last announced its earnings results on Wednesday, May 7th. The company reported $0.34 EPS for the quarter, topping the consensus estimate of $0.32 by $0.02. National Vision had a positive return on equity of 3.52% and a negative net margin of 0.81%. The company had revenue of $510.32 million for the quarter, compared to analysts’ expectations of $510.30 million. During the same quarter in the prior year, the business earned $0.32 earnings per share. The business’s revenue for the quarter was up 5.7% on a year-over-year basis. As a group, sell-side analysts forecast that National Vision Holdings, Inc. will post 0.31 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.