Allspring Global Investments Holdings LLC Has $13.30 Million Stock Position in National Vision Holdings, Inc. (NASDAQ:EYE)

Allspring Global Investments Holdings LLC lifted its position in National Vision Holdings, Inc. (NASDAQ:EYE) by 1.0% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 547,406 shares of the company’s stock after buying an additional 5,264 shares during the quarter. Allspring Global Investments Holdings LLC owned about 0.70% of National Vision worth $13,296,000 as of its most recent filing with the Securities and Exchange Commission.

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

National Vision Stock Down 0.3 %

Shares of NASDAQ:EYE opened at $15.58 on Tuesday. National Vision Holdings, Inc. has a 12 month low of $13.71 and a 12 month high of $43.82. The company’s 50-day moving average price is $16.39 and its two-hundred day moving average price is $20.86. The company has a quick ratio of 1.03, a current ratio of 1.36 and a debt-to-equity ratio of 0.61. The firm has a market cap of $1.22 billion, a P/E ratio of 48.69, a P/E/G ratio of 2.61 and a beta of 1.36.

National Vision (NASDAQ:EYE) last issued its quarterly earnings data on Thursday, August 10th. The company reported $0.17 EPS for the quarter, topping analysts’ consensus estimates of $0.16 by $0.01. National Vision had a net margin of 1.27% and a return on equity of 3.62%. The firm had revenue of $525.30 million for the quarter, compared to analyst estimates of $525.89 million. During the same quarter in the prior year, the firm earned $0.16 EPS. The company’s revenue was up 3.1% on a year-over-year basis. As a group, research analysts forecast that National Vision Holdings, Inc. will post 0.3 EPS for the current fiscal year.

Analyst Ratings Changes

Several brokerages have issued reports on EYE. Citigroup lowered shares of National Vision from a “buy” rating to a “neutral” rating and lowered their price target for the company from $28.00 to $22.00 in a report on Thursday, July 27th. The Goldman Sachs Group lowered shares of National Vision from a “buy” rating to a “neutral” rating and lowered their price target for the company from $25.00 to $16.00 in a report on Tuesday, October 17th. Barclays boosted their price target on shares of National Vision from $20.00 to $23.00 and gave the company an “equal weight” rating in a report on Friday, August 11th. Finally, Wells Fargo & Company lowered shares of National Vision from an “overweight” rating to an “equal weight” rating and lowered their price target for the company from $30.00 to $21.00 in a report on Thursday, July 27th. Five research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat, National Vision currently has an average rating of “Hold” and a consensus price target of $27.11.

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.