Envestnet Asset Management Inc. Has $683,000 Stock Holdings in National Vision Holdings, Inc. (NASDAQ:EYE)

Envestnet Asset Management Inc. increased its holdings in shares of National Vision Holdings, Inc. (NASDAQ:EYE) by 27.0% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 65,575 shares of the company’s stock after acquiring an additional 13,955 shares during the period. Envestnet Asset Management Inc. owned about 0.08% of National Vision worth $683,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. GAMMA Investing LLC boosted its stake in shares of National Vision by 309.2% in the 4th quarter. GAMMA Investing LLC now owns 4,906 shares of the company’s stock valued at $51,000 after purchasing an additional 3,707 shares in the last quarter. Norges Bank acquired a new stake in shares of National Vision during the 4th quarter worth about $176,000. KLP Kapitalforvaltning AS bought a new position in National Vision during the 4th quarter valued at about $178,000. Stoneridge Investment Partners LLC boosted its position in National Vision by 16.5% in the fourth quarter. Stoneridge Investment Partners LLC now owns 17,511 shares of the company’s stock valued at $182,000 after buying an additional 2,475 shares in the last quarter. Finally, SG Americas Securities LLC bought a new stake in National Vision during the fourth quarter worth about $207,000.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on EYE. Morgan Stanley cut their target price on shares of National Vision from $14.00 to $13.00 and set an “equal weight” rating for the company in a research note on Tuesday, January 21st. Citigroup lifted their price objective on National Vision from $12.00 to $13.00 and gave the company a “neutral” rating in a research report on Friday, March 7th. Barclays increased their target price on National Vision from $12.00 to $14.00 and gave the stock an “equal weight” rating in a report on Monday, March 3rd. Finally, Wells Fargo & Company raised their target price on National Vision from $12.00 to $13.00 and gave the company an “equal weight” rating in a research note on Thursday, February 27th. Five investment analysts have rated the stock with a hold rating and one has given a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $14.00.

National Vision Stock Up 1.9 %

NASDAQ:EYE opened at $13.14 on Friday. The company has a market cap of $1.04 billion, a price-to-earnings ratio of -65.70, a P/E/G ratio of 3.27 and a beta of 1.02. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.37 and a current ratio of 0.57. The stock’s fifty day moving average price is $12.16 and its two-hundred day moving average price is $11.54. National Vision Holdings, Inc. has a 52-week low of $9.56 and a 52-week high of $18.68.

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.