National Vision Holdings, Inc. (NASDAQ:EYE) Shares Purchased by Wells Fargo & Company MN

Wells Fargo & Company MN boosted its holdings in shares of National Vision Holdings, Inc. (NASDAQ:EYE) by 3.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 45,211 shares of the company’s stock after acquiring an additional 1,394 shares during the quarter. Wells Fargo & Company MN owned about 0.06% of National Vision worth $471,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in EYE. Boston Partners acquired a new position in shares of National Vision during the fourth quarter worth about $12,594,000. Arrowstreet Capital Limited Partnership lifted its stake in National Vision by 81.5% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 2,308,375 shares of the company’s stock worth $24,053,000 after acquiring an additional 1,036,459 shares during the last quarter. Emerald Advisers LLC lifted its stake in National Vision by 23.1% in the fourth quarter. Emerald Advisers LLC now owns 991,100 shares of the company’s stock worth $10,327,000 after acquiring an additional 186,014 shares during the last quarter. Charles Schwab Investment Management Inc. grew its holdings in National Vision by 12.1% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,583,131 shares of the company’s stock worth $16,496,000 after acquiring an additional 170,839 shares in the last quarter. Finally, Vanguard Group Inc. increased its position in shares of National Vision by 1.6% in the 4th quarter. Vanguard Group Inc. now owns 10,411,838 shares of the company’s stock valued at $108,491,000 after purchasing an additional 167,735 shares during the last quarter.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the stock. Citigroup boosted their price objective on shares of National Vision from $12.00 to $13.00 and gave the stock a “neutral” rating in a research report on Friday, March 7th. Barclays boosted their price target on shares of National Vision from $12.00 to $14.00 and gave the company an “equal weight” rating in a research report on Monday, March 3rd. Wells Fargo & Company raised their price objective on National Vision from $12.00 to $13.00 and gave the stock an “equal weight” rating in a report on Thursday, February 27th. Finally, Morgan Stanley reduced their target price on National Vision from $14.00 to $13.00 and set an “equal weight” rating for the company in a report on Tuesday, January 21st. Five equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company. Based on data from MarketBeat, National Vision currently has an average rating of “Hold” and an average target price of $14.00.

National Vision Stock Up 1.9 %

Shares of NASDAQ:EYE opened at $13.14 on Friday. The company has a quick ratio of 0.37, a current ratio of 0.57 and a debt-to-equity ratio of 0.30. The company has a market capitalization of $1.04 billion, a P/E ratio of -65.70, a P/E/G ratio of 3.27 and a beta of 1.02. National Vision Holdings, Inc. has a 52-week low of $9.56 and a 52-week high of $18.68. The stock’s fifty day simple moving average is $12.16 and its 200-day simple moving average is $11.54.

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.