82,518 Shares in National Vision Holdings, Inc. (NASDAQ:EYE) Purchased by Point72 Asset Management L.P.

Point72 Asset Management L.P. bought a new position in shares of National Vision Holdings, Inc. (NASDAQ:EYE - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 82,518 shares of the company's stock, valued at approximately $860,000. Point72 Asset Management L.P. owned approximately 0.10% of National Vision at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the business. Polar Asset Management Partners Inc. purchased a new position in National Vision during the 4th quarter valued at approximately $2,264,000. Prentice Capital Management LP purchased a new position in National Vision during the 4th quarter valued at approximately $200,000. ProShare Advisors LLC grew its holdings in National Vision by 44.4% during the 4th quarter. ProShare Advisors LLC now owns 23,480 shares of the company's stock valued at $245,000 after buying an additional 7,221 shares in the last quarter. Millennium Management LLC grew its holdings in National Vision by 14.3% during the 4th quarter. Millennium Management LLC now owns 470,732 shares of the company's stock valued at $4,905,000 after buying an additional 58,785 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in National Vision by 3.9% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 44,309 shares of the company's stock valued at $462,000 after buying an additional 1,677 shares in the last quarter.

National Vision Price Performance

Shares of EYE stock opened at $18.74 on Friday. National Vision Holdings, Inc. has a 52-week low of $9.56 and a 52-week high of $19.49. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.37 and a current ratio of 0.57. The firm has a market capitalization of $1.48 billion, a P/E ratio of -93.70, a P/E/G ratio of 3.27 and a beta of 1.02. The stock has a 50 day moving average price of $13.68 and a 200 day moving average price of $12.25.

National Vision (NASDAQ:EYE - Get Free Report) last issued its quarterly earnings results on Wednesday, May 7th. The company reported $0.34 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.32 by $0.02. National Vision had a positive return on equity of 3.52% and a negative net margin of 0.81%. The firm had revenue of $510.32 million during the quarter, compared to analyst estimates of $510.30 million. During the same period last year, the company earned $0.32 EPS. National Vision's quarterly revenue was up 5.7% compared to the same quarter last year. As a group, sell-side analysts predict that National Vision Holdings, Inc. will post 0.31 earnings per share for the current year.

Analyst Ratings Changes

Several equities analysts have weighed in on EYE shares. Bank of America upgraded National Vision from an "underperform" rating to a "buy" rating in a report on Wednesday, May 7th. Wells Fargo & Company raised their price objective on National Vision from $13.00 to $15.00 and gave the company an "equal weight" rating in a research note on Thursday, May 8th. Barclays raised their price objective on National Vision from $14.00 to $17.00 and gave the company an "equal weight" rating in a research note on Monday, May 12th. UBS Group raised their price objective on National Vision from $18.00 to $20.00 and gave the company a "buy" rating in a research note on Thursday, May 8th. Finally, Citigroup raised National Vision from a "neutral" rating to a "buy" rating and raised their price objective for the company from $13.00 to $21.00 in a research note on Friday, May 9th. Five analysts have rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and an average target price of $17.75.

Insider Buying and Selling

In other National Vision news, SVP Ravi Acharya sold 12,000 shares of National Vision stock in a transaction on Tuesday, May 13th. The stock was sold at an average price of $18.75, for a total transaction of $225,000.00. Following the completion of the sale, the senior vice president now directly owns 11,700 shares of the company's stock, valued at $219,375. The trade was a 50.63% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 2.70% of the stock is owned by corporate insiders.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.