Capital Fund Management S.A. Trims Stake in National Vision Holdings, Inc. (NASDAQ:EYE)

Capital Fund Management S.A. reduced its stake in shares of National Vision Holdings, Inc. (NASDAQ:EYE - Free Report) by 59.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 38,823 shares of the company's stock after selling 57,726 shares during the quarter. Capital Fund Management S.A.'s holdings in National Vision were worth $405,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Vanguard Group Inc. increased its position in shares of National Vision by 1.6% during the fourth quarter. Vanguard Group Inc. now owns 10,411,838 shares of the company's stock worth $108,491,000 after purchasing an additional 167,735 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its stake in National Vision by 81.5% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 2,308,375 shares of the company's stock worth $24,053,000 after buying an additional 1,036,459 shares during the last quarter. Geode Capital Management LLC increased its position in National Vision by 2.5% during the 3rd quarter. Geode Capital Management LLC now owns 1,900,371 shares of the company's stock valued at $20,737,000 after buying an additional 45,754 shares in the last quarter. Charles Schwab Investment Management Inc. raised its stake in National Vision by 12.1% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,583,131 shares of the company's stock valued at $16,496,000 after buying an additional 170,839 shares during the last quarter. Finally, Boston Partners acquired a new stake in National Vision in the fourth quarter worth about $12,594,000.

National Vision Stock Performance

Shares of EYE stock traded up $0.48 during trading hours on Tuesday, hitting $11.48. The company's stock had a trading volume of 2,096,818 shares, compared to its average volume of 1,643,530. The stock has a market cap of $904.43 million, a PE ratio of -57.40, a price-to-earnings-growth ratio of 3.27 and a beta of 1.22. National Vision Holdings, Inc. has a 12-month low of $9.56 and a 12-month high of $18.99. The company has a 50 day moving average of $12.10 and a 200 day moving average of $11.42. The company has a current ratio of 0.57, a quick ratio of 0.37 and a debt-to-equity ratio of 0.30.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on EYE shares. Morgan Stanley cut their price objective on shares of National Vision from $14.00 to $13.00 and set an "equal weight" rating on the stock in a report on Tuesday, January 21st. Barclays upped their price target on shares of National Vision from $12.00 to $14.00 and gave the company an "equal weight" rating in a research note on Monday, March 3rd. Wells Fargo & Company lifted their price objective on shares of National Vision from $12.00 to $13.00 and gave the stock an "equal weight" rating in a research note on Thursday, February 27th. Finally, Citigroup upped their target price on National Vision from $12.00 to $13.00 and gave the company a "neutral" rating in a research report on Friday, March 7th. Five analysts have rated the stock with a hold rating and one has assigned a buy rating to the company's stock. Based on data from MarketBeat, National Vision currently has an average rating of "Hold" and a consensus target price of $14.00.

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.