310,138 Shares in National Vision Holdings, Inc. $EYE Bought by Nuveen LLC

Key Points

• Nuveen LLC acquired 310,138 shares of National Vision Holdings, Inc. for approximately $3,964,000, representing about 0.39% of the company's stock.
• Analysts have recently upgraded National Vision's stock ratings, with the Goldman Sachs Group raising its price target from $17.00 to $22.00 and awarding it a "neutral" rating.
• National Vision reported $0.18 EPS for the last quarter, exceeding estimates, and generated revenue of $486.42 million, reflecting a 7.7% increase from the previous year.

Nuveen LLC purchased a new stake in National Vision Holdings, Inc. (NASDAQ:EYE - Free Report) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 310,138 shares of the company's stock, valued at approximately $3,964,000. Nuveen LLC owned about 0.39% of National Vision at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in EYE. Burgundy Asset Management Ltd. boosted its position in shares of National Vision by 138.6% during the 4th quarter. Burgundy Asset Management Ltd. now owns 4,675,539 shares of the company's stock valued at $48,719,000 after purchasing an additional 2,715,582 shares in the last quarter. Engine Capital Management LP boosted its position in shares of National Vision by 127.5% during the 4th quarter. Engine Capital Management LP now owns 2,528,053 shares of the company's stock valued at $26,342,000 after purchasing an additional 1,417,002 shares in the last quarter. SG Capital Management LLC bought a new stake in shares of National Vision during the 4th quarter valued at about $11,827,000. Federated Hermes Inc. raised its stake in National Vision by 215.0% during the 1st quarter. Federated Hermes Inc. now owns 861,527 shares of the company's stock worth $11,010,000 after buying an additional 588,022 shares during the period. Finally, Allspring Global Investments Holdings LLC raised its stake in National Vision by 141.6% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 993,558 shares of the company's stock worth $12,718,000 after buying an additional 582,353 shares during the period.

Analyst Ratings Changes

A number of research analysts recently weighed in on the company. The Goldman Sachs Group upped their price target on National Vision from $17.00 to $22.00 and gave the stock a "neutral" rating in a research note on Thursday, August 7th. Wells Fargo & Company set a $27.00 price target on National Vision and gave the stock an "equal weight" rating in a research note on Thursday, August 7th. Barclays dropped their price target on National Vision from $30.00 to $28.00 and set an "overweight" rating on the stock in a research note on Thursday, August 7th. Wall Street Zen raised National Vision from a "hold" rating to a "buy" rating in a research note on Saturday, August 9th. Finally, Loop Capital upped their price target on National Vision from $18.00 to $20.00 and gave the stock a "buy" rating in a research note on Thursday, May 8th. Six equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $24.73.

National Vision Stock Performance

Shares of National Vision stock opened at $24.39 on Thursday. The company has a market cap of $1.93 billion, a PE ratio of -135.50, a price-to-earnings-growth ratio of 2.90 and a beta of 1.27. National Vision Holdings, Inc. has a 52 week low of $9.56 and a 52 week high of $25.67. The business has a 50 day moving average price of $24.10 and a 200-day moving average price of $17.92. The company has a quick ratio of 0.31, a current ratio of 0.52 and a debt-to-equity ratio of 0.30.

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

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.

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