National Vision Holdings, Inc. (NASDAQ:EYE) Shares Sold by Swiss National Bank

Swiss National Bank trimmed its position in shares of National Vision Holdings, Inc. (NASDAQ:EYE) by 10.6% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 170,300 shares of the company’s stock after selling 20,200 shares during the period. Swiss National Bank owned 0.22% of National Vision worth $3,208,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. CenterBook Partners LP raised its position in shares of National Vision by 88.4% during the 4th quarter. CenterBook Partners LP now owns 17,074 shares of the company’s stock worth $662,000 after buying an additional 8,010 shares in the last quarter. Raymond James & Associates raised its holdings in shares of National Vision by 46.2% in the 4th quarter. Raymond James & Associates now owns 59,983 shares of the company’s stock worth $2,325,000 after purchasing an additional 18,955 shares in the last quarter. Clearbridge Investments LLC raised its holdings in shares of National Vision by 0.6% in the 4th quarter. Clearbridge Investments LLC now owns 4,236,366 shares of the company’s stock worth $164,202,000 after purchasing an additional 26,027 shares in the last quarter. Envestnet Asset Management Inc. raised its holdings in shares of National Vision by 3.8% in the 4th quarter. Envestnet Asset Management Inc. now owns 54,713 shares of the company’s stock worth $2,121,000 after purchasing an additional 2,003 shares in the last quarter. Finally, Texas Permanent School Fund Corp raised its holdings in shares of National Vision by 33.4% in the 1st quarter. Texas Permanent School Fund Corp now owns 70,768 shares of the company’s stock worth $1,333,000 after purchasing an additional 17,716 shares in the last quarter.

National Vision Stock Performance

Shares of EYE opened at $17.92 on Monday. The company’s 50 day moving average price is $21.84 and its 200 day moving average price is $23.16. National Vision Holdings, Inc. has a 52 week low of $17.25 and a 52 week high of $43.82. The company has a market capitalization of $1.40 billion, a PE ratio of 56.00, a PEG ratio of 3.02 and a beta of 1.35. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.03 and a current ratio of 1.36.

National Vision (NASDAQ:EYE) last announced its quarterly earnings data on Thursday, August 10th. The company reported $0.17 EPS for the quarter, beating analysts’ consensus estimates of $0.16 by $0.01. The firm had revenue of $525.30 million for the quarter, compared to the consensus estimate of $525.89 million. National Vision had a net margin of 1.27% and a return on equity of 3.62%. The firm’s revenue was up 3.1% on a year-over-year basis. During the same period in the previous year, the firm posted $0.16 earnings per share. Research analysts expect that National Vision Holdings, Inc. will post 0.31 EPS for the current fiscal year.

Analysts Set New Price Targets

EYE has been the topic of a number of research reports. Wells Fargo & Company downgraded shares of National Vision from an “overweight” rating to an “equal weight” rating and dropped their target price for the stock from $30.00 to $21.00 in a report on Thursday, July 27th. Citigroup downgraded shares of National Vision from a “buy” rating to a “neutral” rating and dropped their target price for the stock from $28.00 to $22.00 in a research report on Thursday, July 27th. Barclays lifted their target price on shares of National Vision from $20.00 to $23.00 and gave the stock an “equal weight” rating in a research report on Friday, August 11th. Finally, Loop Capital lifted their target price on shares of National Vision from $23.00 to $28.00 in a research report on Friday, May 12th. Four analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, National Vision currently has an average rating of “Hold” and an average price target of $28.44.

National Vision Company 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.