Federated Hermes Inc. Sells 277,310 Shares of National Vision Holdings, Inc. (NASDAQ:EYE)

Federated Hermes Inc. lowered its position in shares of National Vision Holdings, Inc. (NASDAQ:EYE - Free Report) by 50.3% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 273,505 shares of the company's stock after selling 277,310 shares during the period. Federated Hermes Inc. owned about 0.35% of National Vision worth $2,850,000 at the end of the most recent reporting period.

Several other institutional investors also recently added to or reduced their stakes in the company. GAMMA Investing LLC raised its stake 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 purchasing an additional 3,707 shares during the last quarter. Norges Bank acquired a new position in National Vision during the fourth quarter worth about $176,000. KLP Kapitalforvaltning AS purchased a new position in National Vision in the 4th quarter valued at approximately $178,000. Stoneridge Investment Partners LLC raised its stake in shares of National Vision by 16.5% during 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. Finally, SG Americas Securities LLC acquired a new stake in shares of National Vision in the fourth quarter valued at approximately $207,000.

Analyst Upgrades and Downgrades

EYE has been the subject of a number of analyst reports. Wells Fargo & Company boosted their price objective on shares of National Vision from $12.00 to $13.00 and gave the company an "equal weight" rating in a research report on Thursday, February 27th. Citigroup upped their target price on National Vision from $12.00 to $13.00 and gave the stock a "neutral" rating in a research report on Friday, March 7th. Barclays raised 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. Finally, Morgan Stanley dropped 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. Five research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company's stock. According to MarketBeat.com, National Vision has an average rating of "Hold" and an average price target of $14.00.

National Vision Stock Up 2.1 %

Shares of EYE traded up $0.24 during midday trading on Friday, reaching $11.67. 1,925,890 shares of the stock were exchanged, compared to its average volume of 1,627,525. The company has a market cap of $919.40 million, a price-to-earnings ratio of -58.35, a P/E/G ratio of 3.27 and a beta of 1.22. The firm has a 50 day simple moving average of $12.13 and a 200-day simple moving average of $11.39. National Vision Holdings, Inc. has a 12-month low of $9.56 and a 12-month high of $19.29. The company has a quick ratio of 0.37, a current ratio of 0.57 and a debt-to-equity ratio of 0.30.

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.