Dynamic Technology Lab Private Ltd Lowers Stock Position in National Vision Holdings, Inc. (NASDAQ:EYE)

Dynamic Technology Lab Private Ltd reduced its stake in shares of National Vision Holdings, Inc. (NASDAQ:EYE - Free Report) by 76.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 15,097 shares of the company's stock after selling 50,291 shares during the period. Dynamic Technology Lab Private Ltd's holdings in National Vision were worth $157,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Geode Capital Management LLC raised its position in shares of 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 purchasing an additional 45,754 shares during the period. Vanguard Group Inc. raised its stake in National Vision by 1.6% during the 4th quarter. Vanguard Group Inc. now owns 10,411,838 shares of the company's stock valued at $108,491,000 after purchasing an additional 167,735 shares during the period. Stifel Financial Corp lifted its holdings in National Vision by 38.8% in the 3rd quarter. Stifel Financial Corp now owns 33,443 shares of the company's stock worth $365,000 after purchasing an additional 9,342 shares in the last quarter. Victory Capital Management Inc. grew its holdings in National Vision by 13.1% during the 4th quarter. Victory Capital Management Inc. now owns 78,244 shares of the company's stock valued at $815,000 after buying an additional 9,038 shares in the last quarter. Finally, GAMMA Investing LLC boosted its position in shares of National Vision by 309.2% during the fourth quarter. GAMMA Investing LLC now owns 4,906 shares of the company's stock worth $51,000 after acquiring an additional 3,707 shares during the last quarter.

National Vision Stock Up 0.9 %

EYE stock traded up $0.10 during trading on Thursday, hitting $11.53. 419,198 shares of the company's stock traded hands, compared to its average volume of 1,618,651. The firm has a market capitalization of $908.37 million, a P/E ratio of -57.72, a PEG ratio of 3.27 and a beta of 1.22. National Vision Holdings, Inc. has a 1 year low of $9.56 and a 1 year high of $19.49. 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 business has a fifty day simple moving average of $12.13 and a two-hundred day simple moving average of $11.39.

Analyst Ratings Changes

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

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.