367,424 Shares in National Vision Holdings, Inc. (NASDAQ:EYE) Purchased by Norges Bank

Norges Bank purchased a new position in National Vision Holdings, Inc. (NASDAQ:EYEFree Report) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 367,424 shares of the company’s stock, valued at approximately $7,690,000. Norges Bank owned approximately 0.47% of National Vision as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also bought and sold shares of the company. Quadrant Capital Group LLC boosted its stake in National Vision by 252.9% in the fourth quarter. Quadrant Capital Group LLC now owns 1,694 shares of the company’s stock valued at $35,000 after acquiring an additional 1,214 shares during the period. Headlands Technologies LLC acquired a new position in National Vision in the fourth quarter valued at approximately $131,000. Natixis Advisors L.P. acquired a new position in National Vision in the fourth quarter valued at approximately $255,000. WINTON GROUP Ltd acquired a new position in National Vision in the third quarter valued at approximately $206,000. Finally, Handelsbanken Fonder AB boosted its stake in National Vision by 4.0% in the fourth quarter. Handelsbanken Fonder AB now owns 15,600 shares of the company’s stock valued at $327,000 after acquiring an additional 600 shares during the period.

Analysts Set New Price Targets

A number of equities analysts have commented on EYE shares. The Goldman Sachs Group lifted their target price on National Vision from $18.00 to $20.00 and gave the company a “neutral” rating in a research note on Wednesday, February 28th. Barclays cut their price target on National Vision from $19.00 to $16.00 and set an “equal weight” rating on the stock in a report on Friday, May 10th. Five analysts have rated the stock with a hold rating, According to MarketBeat, National Vision currently has a consensus rating of “Hold” and an average price target of $19.60.

View Our Latest Research Report on National Vision

Insider Buying and Selling

In other news, Director D Randolph Peeler bought 34,000 shares of the company’s stock in a transaction that occurred on Friday, May 10th. The shares were purchased at an average price of $14.45 per share, with a total value of $491,300.00. Following the completion of the acquisition, the director now directly owns 182,880 shares in the company, valued at $2,642,616. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In related news, Director D Randolph Peeler purchased 34,000 shares of the company’s stock in a transaction on Friday, May 10th. The shares were bought at an average price of $14.45 per share, with a total value of $491,300.00. Following the completion of the acquisition, the director now owns 182,880 shares of the company’s stock, valued at $2,642,616. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO L Reade Fahs purchased 20,000 shares of the company’s stock in a transaction on Monday, May 13th. The stock was bought at an average cost of $14.96 per share, for a total transaction of $299,200.00. Following the acquisition, the chief executive officer now directly owns 633,097 shares of the company’s stock, valued at approximately $9,471,131.12. The disclosure for this purchase can be found here. 2.30% of the stock is owned by corporate insiders.

National Vision Price Performance

Shares of NASDAQ:EYE opened at $14.54 on Friday. National Vision Holdings, Inc. has a 12 month low of $13.71 and a 12 month high of $27.02. The stock has a market cap of $1.14 billion, a price-to-earnings ratio of -15.80, a PEG ratio of 3.55 and a beta of 1.48. The stock’s 50 day moving average price is $17.34 and its 200 day moving average price is $19.48. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.01 and a quick ratio of 0.69.

National Vision (NASDAQ:EYEGet Free Report) last announced its earnings results on Wednesday, May 8th. The company reported $0.27 EPS for the quarter, topping the consensus estimate of $0.22 by $0.05. National Vision had a positive return on equity of 3.47% and a negative net margin of 3.44%. The firm had revenue of $542.52 million for the quarter, compared to analysts’ expectations of $557.47 million. Equities research analysts anticipate that National Vision Holdings, Inc. will post 0.31 earnings per share for the current fiscal year.

About National Vision

(Free Report)

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.

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Institutional Ownership by Quarter for National Vision (NASDAQ:EYE)

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