Zurcher Kantonalbank Zurich Cantonalbank Purchases 4,153 Shares of National Vision Holdings, Inc. (NASDAQ:EYE)

Zurcher Kantonalbank Zurich Cantonalbank raised its position in National Vision Holdings, Inc. (NASDAQ:EYE) by 27.1% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 19,479 shares of the company’s stock after acquiring an additional 4,153 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in National Vision were worth $408,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in EYE. Landscape Capital Management L.L.C. bought a new position in National Vision in the 3rd quarter worth approximately $1,103,000. GSA Capital Partners LLP boosted its holdings in shares of National Vision by 64.0% in the third quarter. GSA Capital Partners LLP now owns 136,763 shares of the company’s stock worth $2,213,000 after acquiring an additional 53,394 shares during the period. Trexquant Investment LP boosted its holdings in shares of National Vision by 20.5% in the third quarter. Trexquant Investment LP now owns 184,765 shares of the company’s stock worth $2,989,000 after acquiring an additional 31,473 shares during the period. State of New Jersey Common Pension Fund D grew its position in shares of National Vision by 40.4% in the third quarter. State of New Jersey Common Pension Fund D now owns 133,176 shares of the company’s stock valued at $2,155,000 after purchasing an additional 38,292 shares in the last quarter. Finally, William Blair Investment Management LLC raised its stake in shares of National Vision by 13.9% during the 3rd quarter. William Blair Investment Management LLC now owns 10,066,548 shares of the company’s stock valued at $162,877,000 after purchasing an additional 1,228,933 shares during the period.

National Vision Trading Up 1.9 %

National Vision stock opened at $17.90 on Friday. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.70 and a current ratio of 1.00. National Vision Holdings, Inc. has a fifty-two week low of $13.71 and a fifty-two week high of $27.02. The stock has a market cap of $1.40 billion, a P/E ratio of -21.06, a PEG ratio of 3.98 and a beta of 1.47. The firm’s fifty day moving average price is $20.88 and its 200-day moving average price is $19.72.

National Vision (NASDAQ:EYE) last announced its earnings results on Tuesday, February 27th. The company reported ($0.02) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.09) by $0.07. National Vision had a positive return on equity of 3.69% and a negative net margin of 3.10%. The business had revenue of $506.40 million for the quarter, compared to analyst estimates of $499.49 million. During the same period in the prior year, the company earned ($0.11) EPS. The company’s quarterly revenue was up 8.0% compared to the same quarter last year. Equities research analysts forecast that National Vision Holdings, Inc. will post 0.31 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group raised their target price on National Vision from $18.00 to $20.00 and gave the stock a “neutral” rating in a research note on Wednesday, February 28th. Five investment analysts have rated the stock with a hold rating, According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $23.86.

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.