Aquatic Capital Management LLC Takes Position in National Vision Holdings, Inc. (NASDAQ:EYE)

Aquatic Capital Management LLC bought a new position in shares of National Vision Holdings, Inc. (NASDAQ:EYE - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 20,577 shares of the company's stock, valued at approximately $214,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Crossmark Global Holdings Inc. raised its holdings in shares of National Vision by 4.0% in the fourth quarter. Crossmark Global Holdings Inc. now owns 28,676 shares of the company's stock valued at $298,000 after purchasing an additional 1,100 shares during the last quarter. Wells Fargo & Company MN increased its position in shares of 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. Stoneridge Investment Partners LLC boosted its holdings in shares of National Vision by 16.5% in the 4th quarter. Stoneridge Investment Partners LLC now owns 17,511 shares of the company's stock worth $182,000 after buying an additional 2,475 shares during the last quarter. Tower Research Capital LLC TRC grew its position in National Vision by 87.5% during the fourth quarter. Tower Research Capital LLC TRC now owns 7,050 shares of the company's stock valued at $73,000 after buying an additional 3,291 shares during the period. Finally, Linden Thomas Advisory Services LLC increased its holdings in National Vision by 15.6% during the fourth quarter. Linden Thomas Advisory Services LLC now owns 27,478 shares of the company's stock worth $286,000 after buying an additional 3,705 shares during the last quarter.

Analyst Ratings Changes

A number of research analysts have recently weighed in on EYE shares. 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 report on Tuesday, January 21st. Loop Capital upped their price target on National Vision from $18.00 to $20.00 and gave the company a "buy" rating in a research report on Thursday. Barclays lifted their price objective on National Vision from $12.00 to $14.00 and gave the stock an "equal weight" rating in a report on Monday, March 3rd. Bank of America upgraded shares of National Vision from an "underperform" rating to a "buy" rating in a research report on Wednesday. Finally, UBS Group boosted their price target on shares of National Vision from $18.00 to $20.00 and gave the company a "buy" rating in a research report on Thursday. Four equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $16.57.

National Vision Price Performance

Shares of National Vision stock traded up $0.22 on Friday, hitting $16.90. 2,043,297 shares of the company traded hands, compared to its average volume of 1,739,528. National Vision Holdings, Inc. has a 12-month low of $9.56 and a 12-month high of $17.27. The firm's 50-day simple moving average is $12.32 and its 200 day simple moving average is $11.66. The company has a market cap of $1.34 billion, a P/E ratio of -84.50, a P/E/G ratio of 3.27 and a beta of 1.02. The company has a current ratio of 0.57, a quick ratio of 0.37 and a debt-to-equity ratio of 0.30.

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