Jackson Creek Investment Advisors LLC Takes Position in National Vision Holdings, Inc. (NASDAQ:EYE)

Jackson Creek Investment Advisors LLC bought a new stake in National Vision Holdings, Inc. (NASDAQ:EYE - Free Report) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 117,365 shares of the company's stock, valued at approximately $1,500,000. Jackson Creek Investment Advisors LLC owned about 0.15% of National Vision at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Vanguard Group Inc. lifted its stake in National Vision by 1.6% in the fourth quarter. Vanguard Group Inc. now owns 10,411,838 shares of the company's stock valued at $108,491,000 after buying an additional 167,735 shares during the period. Burgundy Asset Management Ltd. lifted its stake in National Vision by 138.6% in the fourth quarter. Burgundy Asset Management Ltd. now owns 4,675,539 shares of the company's stock valued at $48,719,000 after buying an additional 2,715,582 shares during the period. Dimensional Fund Advisors LP lifted its stake in National Vision by 0.8% in the fourth quarter. Dimensional Fund Advisors LP now owns 3,702,371 shares of the company's stock valued at $38,577,000 after buying an additional 30,235 shares during the period. Engine Capital Management LP raised its position in shares of National Vision by 127.5% during the fourth quarter. Engine Capital Management LP now owns 2,528,053 shares of the company's stock worth $26,342,000 after purchasing an additional 1,417,002 shares during the period. Finally, Arrowstreet Capital Limited Partnership raised 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 purchasing an additional 1,036,459 shares during the period.

Analyst Upgrades and Downgrades

EYE has been the topic of a number of research reports. Citigroup raised National Vision from a "neutral" rating to a "buy" rating and upped their target price for the stock from $13.00 to $21.00 in a research report on Friday, May 9th. The Goldman Sachs Group upped their target price on National Vision from $13.00 to $17.00 and gave the stock a "neutral" rating in a research report on Friday, May 9th. UBS Group reaffirmed a "buy" rating and set a $30.00 target price on shares of National Vision in a research report on Tuesday, July 8th. Bank of America upped their target price on National Vision from $22.00 to $26.00 and gave the stock a "buy" rating in a research report on Wednesday, June 18th. Finally, Loop Capital increased their price target on National Vision from $18.00 to $20.00 and gave the company a "buy" rating in a research report on Thursday, May 8th. Four research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $22.10.

National Vision Stock Performance

NASDAQ:EYE remained flat at $25.09 during trading on Friday. The company's stock had a trading volume of 1,833,917 shares, compared to its average volume of 1,916,338. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.35 and a current ratio of 0.54. The company has a market capitalization of $1.98 billion, a price-to-earnings ratio of -76.03, a price-to-earnings-growth ratio of 3.68 and a beta of 1.27. National Vision Holdings, Inc. has a 52-week low of $9.56 and a 52-week high of $25.52. The company has a 50 day simple moving average of $21.87 and a 200 day simple moving average of $15.42.

National Vision (NASDAQ:EYE - Get Free Report) last posted its quarterly earnings results on Wednesday, May 7th. The company reported $0.34 earnings per share for the quarter, topping the consensus estimate of $0.32 by $0.02. The company had revenue of $510.32 million during the quarter, compared to the consensus estimate of $510.30 million. National Vision had a positive return on equity of 3.44% and a negative net margin of 1.40%. The firm's quarterly revenue was up 5.7% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.32 EPS. Equities research analysts forecast that National Vision Holdings, Inc. will post 0.31 earnings per share for the current fiscal year.

Insider Transactions at National Vision

In related news, SVP Ravi Acharya sold 12,000 shares of the stock in a transaction dated Tuesday, May 13th. The stock was sold at an average price of $18.75, for a total transaction of $225,000.00. Following the sale, the senior vice president owned 11,700 shares of the company's stock, valued at approximately $219,375. This represents a 50.63% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 2.70% of the company's stock.

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.