Victory Capital Management Inc. Acquires 11,171 Shares of National Vision Holdings, Inc. (NASDAQ:EYE)

Victory Capital Management Inc. boosted its holdings in shares of National Vision Holdings, Inc. (NASDAQ:EYE) by 19.2% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 69,206 shares of the company’s stock after acquiring an additional 11,171 shares during the quarter. Victory Capital Management Inc. owned 0.09% of National Vision worth $755,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in EYE. Innealta Capital LLC bought a new position in shares of National Vision during the second quarter worth about $30,000. Meeder Asset Management Inc. acquired a new position in shares of National Vision in the 2nd quarter worth approximately $32,000. CWM LLC boosted its stake in shares of National Vision by 44.8% in the 2nd quarter. CWM LLC now owns 2,717 shares of the company’s stock valued at $36,000 after purchasing an additional 841 shares during the last quarter. Headlands Technologies LLC increased its position in shares of National Vision by 688.3% during the second quarter. Headlands Technologies LLC now owns 8,750 shares of the company’s stock worth $115,000 after buying an additional 7,640 shares during the period. Finally, Intech Investment Management LLC bought a new position in National Vision during the second quarter worth $135,000.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on EYE. The Goldman Sachs Group decreased their price target on National Vision from $20.00 to $13.00 and set a “neutral” rating for the company in a report on Friday, August 9th. UBS Group dropped their price target on National Vision from $20.00 to $18.00 and set a “buy” rating on the stock in a research note on Thursday, August 8th. Finally, Barclays cut their price target on National Vision from $16.00 to $11.00 and set an “equal weight” rating on the stock in a report on Thursday, August 8th.

National Vision Stock Performance

Shares of EYE opened at $12.38 on Friday. National Vision Holdings, Inc. has a one year low of $9.56 and a one year high of $24.11. The company has a market cap of $974.93 million, a PE ratio of -61.90, a P/E/G ratio of 3.19 and a beta of 1.42. The stock has a 50-day moving average of $10.80 and a 200-day moving average of $12.06. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.57 and a quick ratio of 0.37.

National Vision (NASDAQ:EYE) last announced its quarterly earnings data on Wednesday, November 6th. The company reported $0.12 EPS for the quarter, beating analysts’ consensus estimates of $0.06 by $0.06. National Vision had a positive return on equity of 3.52% and a negative net margin of 0.81%. The firm had revenue of $451.50 million during the quarter, compared to analysts’ expectations of $451.13 million. During the same quarter last year, the firm posted $0.09 earnings per share. The company’s revenue for the quarter was down 15.2% compared to the same quarter last year. On average, equities research analysts predict that National Vision Holdings, Inc. will post 0.27 EPS for the current fiscal year.

National Vision 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.