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22,162 Shares in National Vision Holdings, Inc. $EYE Acquired by Fox Run Management L.L.C.

National Vision logo with Consumer Staples background

Key Points

  • Fox Run Management L.L.C. acquired 22,162 shares of National Vision Holdings, Inc. for approximately $283,000 in the first quarter of the year.
  • National Vision reported a 7.7% increase in revenue year-over-year, with earnings per share of $0.18 exceeding the consensus estimate of $0.12.
  • The stock has a current market cap of $1.87 billion and is currently rated as a "Moderate Buy" with a consensus price target of $24.73.
  • Looking to export and analyze National Vision data? Unlock 5 Weeks of MarketBeat All Access for Just $5. Claim Your Limited-Time Discount.

Fox Run Management L.L.C. acquired a new stake in National Vision Holdings, Inc. (NASDAQ:EYE - Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 22,162 shares of the company's stock, valued at approximately $283,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of EYE. Wells Fargo & Company MN grew its position in shares of National Vision by 3.2% in the 4th quarter. Wells Fargo & Company MN now owns 45,211 shares of the company's stock valued at $471,000 after acquiring an additional 1,394 shares during the period. Envestnet Asset Management Inc. grew its position in shares of National Vision by 27.0% in the 4th quarter. Envestnet Asset Management Inc. now owns 65,575 shares of the company's stock valued at $683,000 after acquiring an additional 13,955 shares during the period. Invesco Ltd. grew its position 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 acquiring an additional 182,550 shares during the period. Barclays PLC grew its position in shares of National Vision by 16.8% in the 4th quarter. Barclays PLC now owns 189,023 shares of the company's stock valued at $1,969,000 after acquiring an additional 27,221 shares during the period. Finally, Guggenheim Capital LLC bought a new position in shares of National Vision in the 4th quarter valued at about $150,000.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on EYE. Loop Capital lifted their price objective on shares of National Vision from $18.00 to $20.00 and gave the company a "buy" rating in a research report on Thursday, May 8th. Barclays reduced their target price on shares of National Vision from $30.00 to $28.00 and set an "overweight" rating for the company in a report on Thursday, August 7th. Roth Capital started coverage on shares of National Vision in a report on Wednesday, July 30th. They set a "buy" rating and a $36.00 target price for the company. Wall Street Zen raised shares of National Vision from a "hold" rating to a "buy" rating in a report on Saturday, August 9th. Finally, Bank of America lifted their target price on shares of National Vision from $22.00 to $26.00 and gave the stock a "buy" rating in a report on Wednesday, June 18th. Six equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company's stock. According to MarketBeat, National Vision has a consensus rating of "Moderate Buy" and a consensus price target of $24.73.

Read Our Latest Research Report on National Vision

National Vision Stock Performance

National Vision stock traded up $0.79 during midday trading on Friday, hitting $24.83. The company's stock had a trading volume of 2,657,773 shares, compared to its average volume of 2,226,130. National Vision Holdings, Inc. has a 1-year low of $9.56 and a 1-year high of $25.67. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.52 and a quick ratio of 0.31. The company has a 50-day moving average price of $24.00 and a two-hundred day moving average price of $17.70. The company has a market cap of $1.97 billion, a price-to-earnings ratio of -137.94, a PEG ratio of 2.93 and a beta of 1.27.

National Vision (NASDAQ:EYE - Get Free Report) last issued its quarterly earnings data on Wednesday, August 6th. The company reported $0.18 earnings per share for the quarter, topping the consensus estimate of $0.12 by $0.06. National Vision had a negative net margin of 0.75% and a positive return on equity of 3.56%. The business had revenue of $486.42 million during the quarter, compared to analysts' expectations of $469.21 million. During the same quarter in the previous year, the company earned $0.15 EPS. The business's revenue was up 7.7% on a year-over-year basis. As a group, sell-side analysts predict that National Vision Holdings, Inc. will post 0.31 earnings per share for the current year.

About National Vision

(Free Report)

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.

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Institutional Ownership by Quarter for National Vision (NASDAQ:EYE)

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