Ameriprise Financial Inc. Grows Position in National Vision Holdings, Inc. (NASDAQ:EYE)

Ameriprise Financial Inc. increased its holdings in shares of National Vision Holdings, Inc. (NASDAQ:EYE - Free Report) by 26.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 847,118 shares of the company's stock after purchasing an additional 177,451 shares during the quarter. Ameriprise Financial Inc. owned 1.08% of National Vision worth $8,827,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Vanguard Group Inc. grew its position in National Vision by 1.6% in the 4th quarter. Vanguard Group Inc. now owns 10,411,838 shares of the company's stock valued at $108,491,000 after acquiring an additional 167,735 shares in the last quarter. Dimensional Fund Advisors LP grew its position in shares of National Vision by 0.8% during the fourth quarter. Dimensional Fund Advisors LP now owns 3,702,371 shares of the company's stock worth $38,577,000 after buying an additional 30,235 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its position in shares of National Vision by 81.5% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 2,308,375 shares of the company's stock worth $24,053,000 after buying an additional 1,036,459 shares in the last quarter. Charles Schwab Investment Management Inc. grew its position in shares of National Vision by 12.1% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,583,131 shares of the company's stock worth $16,496,000 after buying an additional 170,839 shares in the last quarter. Finally, Boston Partners acquired a new position in shares of National Vision during the fourth quarter worth about $12,594,000.

Insider Buying and Selling at National Vision

In other news, SVP Ravi Acharya sold 12,000 shares of the company's stock in a transaction that occurred 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 owns 11,700 shares in the company, valued at $219,375. This represents a 50.63% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 2.70% of the stock is owned by company insiders.

National Vision Stock Performance

NASDAQ EYE traded up $0.11 on Monday, reaching $18.85. The stock had a trading volume of 1,518,696 shares, compared to its average volume of 1,813,467. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.37 and a current ratio of 0.57. National Vision Holdings, Inc. has a 12-month low of $9.56 and a 12-month high of $19.49. The business's 50-day moving average price is $13.94 and its 200 day moving average price is $12.35. The stock has a market cap of $1.49 billion, a P/E ratio of -94.25, a price-to-earnings-growth ratio of 3.27 and a beta of 1.02.

National Vision (NASDAQ:EYE - Get Free Report) last issued its quarterly earnings data on Wednesday, May 7th. The company reported $0.34 earnings per share for the quarter, beating 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 company had revenue of $510.32 million during the quarter, compared to analysts' expectations of $510.30 million. During the same quarter in the previous year, the business earned $0.32 earnings per share. The firm's revenue for the quarter was up 5.7% on a year-over-year basis. As a group, equities analysts expect that National Vision Holdings, Inc. will post 0.31 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on EYE shares. Loop Capital boosted their price objective on National Vision from $18.00 to $20.00 and gave the stock a "buy" rating in a research report on Thursday, May 8th. BMO Capital Markets set a $19.00 price target on National Vision and gave the company a "market perform" rating in a report on Monday, May 19th. UBS Group upped their price target on National Vision from $18.00 to $20.00 and gave the company a "buy" rating in a report on Thursday, May 8th. Barclays upped their price target on National Vision from $14.00 to $17.00 and gave the company an "equal weight" rating in a report on Monday, May 12th. Finally, Wells Fargo & Company upped their price target on National Vision from $13.00 to $15.00 and gave the company an "equal weight" rating in a report on Thursday, May 8th. Five analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat, National Vision currently has a consensus rating of "Hold" and an average target price of $17.75.

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.