National Vision Holdings, Inc. (NASDAQ:EYE) Shares Purchased by First Trust Advisors LP

First Trust Advisors LP raised its stake in shares of National Vision Holdings, Inc. (NASDAQ:EYE) by 42.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 57,440 shares of the company’s stock after acquiring an additional 17,149 shares during the quarter. First Trust Advisors LP owned approximately 0.07% of National Vision worth $599,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in EYE. Crossmark Global Holdings Inc. raised its holdings in shares of National Vision by 4.0% during the fourth quarter. Crossmark Global Holdings Inc. now owns 28,676 shares of the company’s stock worth $298,000 after purchasing an additional 1,100 shares during the period. Wells Fargo & Company MN raised its stake in National Vision by 3.2% during the fourth quarter. Wells Fargo & Company MN now owns 45,211 shares of the company’s stock worth $471,000 after acquiring an additional 1,394 shares during the period. Stoneridge Investment Partners LLC lifted its holdings in National Vision by 16.5% in the fourth quarter. Stoneridge Investment Partners LLC now owns 17,511 shares of the company’s stock worth $182,000 after acquiring an additional 2,475 shares during the last quarter. Linden Thomas Advisory Services LLC boosted its stake in National Vision by 15.6% in the fourth quarter. Linden Thomas Advisory Services LLC now owns 27,478 shares of the company’s stock valued at $286,000 after acquiring an additional 3,705 shares during the period. Finally, GAMMA Investing LLC grew its holdings in shares of National Vision by 309.2% during the fourth 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 during the last quarter.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on EYE shares. UBS Group boosted their price objective on National Vision from $18.00 to $20.00 and gave the company a “buy” rating in a research report on Thursday. Barclays increased their price objective on shares of National Vision from $12.00 to $14.00 and gave the stock an “equal weight” rating in a report on Monday, March 3rd. Morgan Stanley reduced 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 upgraded shares of National Vision from a “neutral” rating to a “buy” rating and raised their price target for the company from $13.00 to $21.00 in a research note on Friday. Finally, Bank of America raised National Vision from an “underperform” rating to a “buy” rating in a report on Wednesday. Four analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat.com, National Vision currently has a consensus rating of “Moderate Buy” and a consensus price target of $17.14.

National Vision Stock Up 2.9 %

Shares of EYE stock opened at $17.17 on Friday. 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 has a market cap of $1.36 billion, a PE ratio of -85.85, a price-to-earnings-growth ratio of 3.27 and a beta of 1.02. The business’s fifty day moving average is $12.42 and its 200-day moving average is $11.72. National Vision Holdings, Inc. has a 1 year low of $9.56 and a 1 year high of $17.26.

National Vision (NASDAQ:EYE) last issued its quarterly earnings results on Wednesday, May 7th. The company reported $0.34 EPS for the quarter, topping the consensus estimate of $0.32 by $0.02. National Vision had a negative net margin of 0.81% and a positive return on equity of 3.52%. The firm had revenue of $510.32 million for the quarter, compared to analysts’ expectations of $510.30 million. During the same period in the previous year, the business earned $0.32 earnings per share. National Vision’s revenue for the quarter was up 5.7% compared to the same quarter last year. Equities analysts expect that National Vision Holdings, Inc. will post 0.31 earnings per share 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.