29,166 Shares in National Vision Holdings, Inc. (NASDAQ:EYE) Acquired by Olympiad Research LP

Olympiad Research LP purchased a new stake in National Vision Holdings, Inc. (NASDAQ:EYE) in the 3rd quarter, HoldingsChannel.com reports. The institutional investor purchased 29,166 shares of the company’s stock, valued at approximately $318,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in EYE. Stoneridge Investment Partners LLC boosted its stake in shares of National Vision by 15.3% in the 3rd quarter. Stoneridge Investment Partners LLC now owns 15,036 shares of the company’s stock valued at $164,000 after purchasing an additional 2,000 shares during the last quarter. Assenagon Asset Management S.A. raised its holdings in National Vision by 3,645.8% during the third quarter. Assenagon Asset Management S.A. now owns 609,701 shares of the company’s stock worth $6,652,000 after buying an additional 593,424 shares during the last quarter. Inspire Investing LLC raised its holdings in National Vision by 37.2% during the third quarter. Inspire Investing LLC now owns 37,579 shares of the company’s stock worth $410,000 after buying an additional 10,187 shares during the last quarter. CWM LLC raised its holdings in National Vision by 197.7% during the third quarter. CWM LLC now owns 8,089 shares of the company’s stock worth $88,000 after buying an additional 5,372 shares during the last quarter. Finally, Algert Global LLC raised its holdings in National Vision by 6.1% during the second quarter. Algert Global LLC now owns 76,680 shares of the company’s stock worth $1,004,000 after buying an additional 4,440 shares during the last quarter.

Wall Street Analyst Weigh In

Several brokerages have recently commented on EYE. Barclays lowered their target price on shares of National Vision from $16.00 to $11.00 and set an “equal weight” rating for the company in a report on Thursday, August 8th. UBS Group decreased their price objective on shares of National Vision from $20.00 to $18.00 and set a “buy” rating for the company in a report on Thursday, August 8th. Finally, The Goldman Sachs Group cut their target price on shares of National Vision from $20.00 to $13.00 and set a “neutral” rating for the company in a research report on Friday, August 9th. Three research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. According to MarketBeat, National Vision presently has an average rating of “Hold” and an average price target of $15.25.

National Vision Price Performance

EYE stock opened at $11.63 on Friday. National Vision Holdings, Inc. has a 12 month low of $9.56 and a 12 month high of $24.11. The firm has a market capitalization of $914.58 million, a P/E ratio of -11.29, a price-to-earnings-growth ratio of 2.55 and a beta of 1.42. The company has a current ratio of 0.55, a quick ratio of 0.41 and a debt-to-equity ratio of 0.17. The firm has a 50 day moving average of $10.45 and a 200-day moving average of $12.65.

National Vision (NASDAQ:EYE) last announced its earnings results on Wednesday, November 6th. The company reported $0.12 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.06 by $0.06. The business had revenue of $451.50 million during the quarter, compared to analyst estimates of $451.13 million. National Vision had a negative net margin of 4.00% and a positive return on equity of 3.53%. National Vision’s revenue for the quarter was down 15.2% on a year-over-year basis. During the same period in the previous year, the business posted $0.09 earnings per share. As a group, sell-side analysts predict that National Vision Holdings, Inc. will post 0.23 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.