National Vision Holdings, Inc. $EYE Shares Bought by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. boosted its holdings in shares of National Vision Holdings, Inc. (NASDAQ:EYE) by 12.2% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,776,285 shares of the company’s stock after buying an additional 193,154 shares during the period. Charles Schwab Investment Management Inc. owned approximately 2.25% of National Vision worth $22,701,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also added to or reduced their stakes in EYE. Wells Fargo & Company MN grew its stake in National Vision by 3.2% during the 4th quarter. Wells Fargo & Company MN now owns 45,211 shares of the company’s stock valued at $471,000 after purchasing an additional 1,394 shares during the last quarter. Envestnet Asset Management Inc. grew its stake in National Vision by 27.0% during the 4th quarter. Envestnet Asset Management Inc. now owns 65,575 shares of the company’s stock valued at $683,000 after purchasing an additional 13,955 shares during the last quarter. Invesco Ltd. grew its stake in National Vision by 39.9% during the 4th quarter. Invesco Ltd. now owns 640,038 shares of the company’s stock valued at $6,669,000 after purchasing an additional 182,550 shares during the last quarter. Barclays PLC grew its stake in National Vision by 16.8% during the 4th quarter. Barclays PLC now owns 189,023 shares of the company’s stock valued at $1,969,000 after purchasing an additional 27,221 shares during the last quarter. Finally, Guggenheim Capital LLC purchased a new stake in National Vision during the 4th quarter valued at about $150,000.

Analyst Ratings Changes

Several analysts have weighed in on EYE shares. UBS Group reiterated a “buy” rating and set a $30.00 price target on shares of National Vision in a research note on Tuesday, July 8th. Bank of America boosted their price target on National Vision from $22.00 to $26.00 and gave the company a “buy” rating in a research note on Wednesday, June 18th. Wall Street Zen upgraded National Vision from a “hold” rating to a “buy” rating in a research note on Saturday, August 9th. BMO Capital Markets set a $19.00 target price on National Vision and gave the stock a “market perform” rating in a research note on Monday, May 19th. Finally, Roth Capital began coverage on National Vision in a research note on Wednesday, July 30th. They issued a “buy” rating and a $36.00 target price on the stock. Six research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, National Vision presently has a consensus rating of “Moderate Buy” and a consensus price target of $24.73.

National Vision Stock Performance

Shares of EYE stock opened at $24.04 on Friday. The company has a market capitalization of $1.90 billion, a P/E ratio of -133.56, a P/E/G ratio of 2.86 and a beta of 1.27. The business’s 50 day moving average is $23.93 and its two-hundred day moving average is $17.56. The company has a current ratio of 0.52, a quick ratio of 0.31 and a debt-to-equity ratio of 0.30. National Vision Holdings, Inc. has a 12-month low of $9.56 and a 12-month high of $25.67.

National Vision (NASDAQ:EYE) last issued its quarterly earnings results on Wednesday, August 6th. The company reported $0.18 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.12 by $0.06. The company had revenue of $486.42 million for the quarter, compared to the consensus estimate of $469.21 million. National Vision had a positive return on equity of 3.56% and a negative net margin of 0.75%.National Vision’s revenue for the quarter was up 7.7% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.15 earnings per share. Analysts expect that National Vision Holdings, Inc. will post 0.31 EPS for the current fiscal year.

About National Vision

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.