National Vision Holdings, Inc. $EYE Shares Sold by Blueshift Asset Management LLC

Blueshift Asset Management LLC reduced its position in shares of National Vision Holdings, Inc. (NASDAQ:EYE) by 81.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,752 shares of the company’s stock after selling 62,300 shares during the period. Blueshift Asset Management LLC’s holdings in National Vision were worth $316,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Elevation Point Wealth Partners LLC purchased a new stake in shares of National Vision during the second quarter worth approximately $35,000. Smartleaf Asset Management LLC boosted its stake in National Vision by 69.3% during the 1st quarter. Smartleaf Asset Management LLC now owns 3,004 shares of the company’s stock worth $39,000 after purchasing an additional 1,230 shares during the last quarter. IFP Advisors Inc purchased a new stake in shares of National Vision during the second quarter worth $83,000. USA Financial Formulas purchased a new stake in shares of National Vision during the second quarter worth $128,000. Finally, Teza Capital Management LLC acquired a new stake in shares of National Vision in the first quarter valued at about $142,000.

National Vision Trading Up 2.1%

Shares of National Vision stock opened at $28.52 on Thursday. The stock has a 50 day moving average of $26.56 and a 200 day moving average of $24.39. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.32 and a current ratio of 0.53. The firm has a market capitalization of $2.26 billion, a price-to-earnings ratio of -950.35, a PEG ratio of 2.51 and a beta of 1.37. National Vision Holdings, Inc. has a fifty-two week low of $9.93 and a fifty-two week high of $29.59.

National Vision (NASDAQ:EYE) last posted its earnings results on Wednesday, November 5th. The company reported $0.13 EPS for the quarter, beating analysts’ consensus estimates of $0.12 by $0.01. National Vision had a positive return on equity of 3.58% and a negative net margin of 0.12%.The company had revenue of $487.33 million for the quarter, compared to the consensus estimate of $472.98 million. During the same quarter in the previous year, the business earned $0.12 earnings per share. The company’s revenue for the quarter was up 7.9% on a year-over-year basis. National Vision has set its FY 2025 guidance at 0.620-0.700 EPS. As a group, research analysts predict that National Vision Holdings, Inc. will post 0.31 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on EYE shares. Weiss Ratings restated a “sell (d-)” rating on shares of National Vision in a research report on Wednesday, October 8th. Citigroup upped their price target on National Vision from $29.00 to $35.00 and gave the company a “buy” rating in a research report on Tuesday, November 18th. UBS Group cut their price target on National Vision from $41.00 to $39.00 and set a “buy” rating for the company in a report on Tuesday, November 18th. Barclays boosted their price objective on National Vision from $28.00 to $30.00 and gave the stock an “overweight” rating in a research note on Tuesday, November 18th. Finally, Wells Fargo & Company set a $27.00 target price on National Vision and gave the company an “equal weight” rating in a report on Thursday, August 7th. Six research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $27.00.

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.