FIL Ltd Makes New Investment in National Vision Holdings, Inc. (NASDAQ:EYE)

FIL Ltd purchased a new position in shares of National Vision Holdings, Inc. (NASDAQ:EYE - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 250,000 shares of the company's stock, valued at approximately $2,605,000. FIL Ltd owned approximately 0.32% of National Vision at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of EYE. Boston Partners acquired a new stake in National Vision during the 4th quarter worth $12,594,000. Arrowstreet Capital Limited Partnership raised 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 valued at $24,053,000 after acquiring an additional 1,036,459 shares during the last quarter. Emerald Advisers LLC lifted its position in National Vision by 23.1% during the 4th quarter. Emerald Advisers LLC now owns 991,100 shares of the company's stock worth $10,327,000 after acquiring an additional 186,014 shares during the period. Invesco Ltd. grew its stake in shares of National Vision by 39.9% in the 4th quarter. Invesco Ltd. now owns 640,038 shares of the company's stock valued at $6,669,000 after purchasing an additional 182,550 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. increased its holdings in shares of 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 purchasing an additional 170,839 shares during the period.

National Vision Trading Up 2.1 %

EYE traded up $0.24 during trading on Friday, hitting $11.67. The company's stock had a trading volume of 1,925,890 shares, compared to its average volume of 1,627,525. National Vision Holdings, Inc. has a twelve month low of $9.56 and a twelve month high of $19.29. The stock has a market cap of $919.40 million, a PE ratio of -58.35, a PEG ratio of 3.27 and a beta of 1.22. The firm's 50 day moving average price is $12.13 and its 200-day moving average price is $11.39. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.57 and a quick ratio of 0.37.

Analyst Ratings Changes

EYE has been the subject of several recent research reports. Barclays increased their price target on National Vision from $12.00 to $14.00 and gave the stock an "equal weight" rating in a report on Monday, March 3rd. Wells Fargo & Company lifted their target price on shares of National Vision from $12.00 to $13.00 and gave the company an "equal weight" rating in a report on Thursday, February 27th. Citigroup increased their price target on shares of National Vision from $12.00 to $13.00 and gave the stock a "neutral" rating in a report on Friday, March 7th. Finally, Morgan Stanley dropped their target price 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. Five research 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.com, National Vision has a consensus rating of "Hold" and an average price target of $14.00.

National Vision Company 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.