Quadrature Capital Ltd Purchases Shares of 12,690 National Vision Holdings, Inc. (NASDAQ:EYE)

Quadrature Capital Ltd purchased a new stake in shares of National Vision Holdings, Inc. (NASDAQ:EYE – Get Rating) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 12,690 shares of the company’s stock, valued at approximately $414,000.

A number of other institutional investors have also bought and sold shares of EYE. Raymond James & Associates raised its holdings in shares of National Vision by 7.8% in the 1st quarter. Raymond James & Associates now owns 41,991 shares of the company’s stock worth $1,830,000 after acquiring an additional 3,053 shares during the last quarter. PNC Financial Services Group Inc. raised its holdings in shares of National Vision by 4.3% in the 1st quarter. PNC Financial Services Group Inc. now owns 16,514 shares of the company’s stock worth $719,000 after acquiring an additional 685 shares during the last quarter. MetLife Investment Management LLC raised its holdings in shares of National Vision by 56.7% in the 1st quarter. MetLife Investment Management LLC now owns 44,007 shares of the company’s stock worth $1,917,000 after acquiring an additional 15,930 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in shares of National Vision by 1.1% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,155,910 shares of the company’s stock worth $50,366,000 after acquiring an additional 12,161 shares during the last quarter. Finally, Sei Investments Co. raised its holdings in shares of National Vision by 7.4% in the 1st quarter. Sei Investments Co. now owns 200,697 shares of the company’s stock worth $8,692,000 after acquiring an additional 13,914 shares during the last quarter.

Insider Activity

In other news, SVP Ravi Acharya sold 1,394 shares of the stock in a transaction that occurred on Wednesday, January 4th. The shares were sold at an average price of $40.00, for a total transaction of $55,760.00. Following the completion of the transaction, the senior vice president now directly owns 832 shares of the company’s stock, valued at approximately $33,280. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 1.70% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on EYE. Morgan Stanley lowered their target price on shares of National Vision from $43.00 to $24.00 and set an “equal weight” rating on the stock in a report on Thursday, March 2nd. Citigroup lowered their target price on shares of National Vision from $48.00 to $28.00 and set a “buy” rating on the stock in a report on Friday, March 3rd. The Goldman Sachs Group reduced their price objective on shares of National Vision from $41.00 to $28.00 and set a “buy” rating for the company in a research report on Thursday, March 2nd. Wells Fargo & Company reduced their price objective on shares of National Vision from $44.00 to $30.00 and set an “overweight” rating for the company in a research report on Thursday, March 2nd. Finally, Barclays reduced their price objective on shares of National Vision from $43.00 to $25.00 and set an “overweight” rating for the company in a research report on Thursday, March 2nd. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat.com, National Vision has a consensus rating of “Moderate Buy” and a consensus price target of $32.00.

National Vision Trading Down 7.9 %

Shares of EYE stock opened at $20.07 on Monday. National Vision Holdings, Inc. has a 52-week low of $19.77 and a 52-week high of $45.86. The company has a 50-day simple moving average of $37.33 and a two-hundred day simple moving average of $36.78. The company has a market capitalization of $1.59 billion, a price-to-earnings ratio of 40.96, a PEG ratio of 2.18 and a beta of 1.50. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.02 and a current ratio of 1.38.

National Vision Profile

(Get Rating)

National Vision Holdings, Inc engages in the retail of optical products. It operates through the following segments: Owned and Host, Legacy, and Corporate/Other. The Owned and Host segment consists of America’s Best and Eyeglass World brands. The Legacy segment includes inventory and lab processing services.