National Vision Holdings, Inc. (NASDAQ:EYE) Shares Purchased by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP increased its position in National Vision Holdings, Inc. (NASDAQ:EYE - Free Report) by 0.8% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 3,702,371 shares of the company's stock after acquiring an additional 30,235 shares during the period. Dimensional Fund Advisors LP owned about 4.70% of National Vision worth $38,577,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. GAMMA Investing LLC lifted its holdings in National Vision by 309.2% in the fourth quarter. GAMMA Investing LLC now owns 4,906 shares of the company's stock valued at $51,000 after acquiring an additional 3,707 shares during the period. Crossmark Global Holdings Inc. increased its position in shares of National Vision by 4.0% during the 4th 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. SG Americas Securities LLC bought a new position in shares of National Vision in the 4th quarter worth approximately $207,000. Linden Thomas Advisory Services LLC boosted its holdings in shares of National Vision by 15.6% in 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. Finally, Stoneridge Investment Partners LLC grew its position in National Vision by 16.5% during the fourth quarter. Stoneridge Investment Partners LLC now owns 17,511 shares of the company's stock valued at $182,000 after buying an additional 2,475 shares during the period.

National Vision Trading Up 6.9 %

Shares of EYE traded up $1.07 during midday trading on Thursday, reaching $16.68. The company had a trading volume of 5,681,145 shares, compared to its average volume of 1,749,444. The firm has a 50 day simple moving average of $12.24 and a 200-day simple moving average of $11.62. The company has a quick ratio of 0.37, a current ratio of 0.57 and a debt-to-equity ratio of 0.30. The stock has a market cap of $1.32 billion, a PE ratio of -83.40, a price-to-earnings-growth ratio of 3.27 and a beta of 1.02. National Vision Holdings, Inc. has a 1-year low of $9.56 and a 1-year high of $17.25.

National Vision (NASDAQ:EYE - Get Free Report) last posted its earnings results on Wednesday, May 7th. The company reported $0.34 earnings per share for the quarter, beating the consensus estimate of $0.32 by $0.02. The company had revenue of $510.32 million for the quarter, compared to analyst estimates of $510.30 million. National Vision had a negative net margin of 0.81% and a positive return on equity of 3.52%. National Vision's revenue was up 5.7% on a year-over-year basis. During the same period in the previous year, the business posted $0.32 EPS. Research analysts forecast that National Vision Holdings, Inc. will post 0.31 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms recently weighed in on EYE. UBS Group lifted their target price on National Vision from $18.00 to $20.00 and gave the company a "buy" rating in a research report on Thursday. Wells Fargo & Company upped their target price on shares of National Vision from $13.00 to $15.00 and gave the stock an "equal weight" rating in a research report on Thursday. Barclays upped 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. Citigroup boosted their price objective on National Vision from $12.00 to $13.00 and gave the stock a "neutral" rating in a research note on Friday, March 7th. Finally, Bank of America raised National Vision from an "underperform" rating to a "buy" rating in a research note on Wednesday. Five investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $15.43.

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.