Jane Street Group LLC trimmed its stake in National Vision Holdings, Inc. (NASDAQ:EYE - Free Report) by 96.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 21,397 shares of the company's stock after selling 603,083 shares during the quarter. Jane Street Group LLC's holdings in National Vision were worth $223,000 as of its most recent SEC filing.
A number of other large investors have also recently made changes to their positions in EYE. Tower Research Capital LLC TRC lifted its position in shares of National Vision by 87.5% during the fourth quarter. Tower Research Capital LLC TRC now owns 7,050 shares of the company's stock valued at $73,000 after purchasing an additional 3,291 shares in the last quarter. Guggenheim Capital LLC purchased a new position in National Vision during the fourth quarter valued at approximately $150,000. Norges Bank purchased a new position in National Vision during the fourth quarter valued at approximately $176,000. KLP Kapitalforvaltning AS bought a new stake in National Vision during the fourth quarter valued at approximately $178,000. Finally, Stoneridge Investment Partners LLC lifted its position in National Vision by 16.5% during the fourth quarter. Stoneridge Investment Partners LLC now owns 17,511 shares of the company's stock valued at $182,000 after purchasing an additional 2,475 shares during the last quarter.
Analysts Set New Price Targets
A number of equities research analysts recently commented on the stock. BMO Capital Markets set a $19.00 price target on shares of National Vision and gave the company a "market perform" rating in a report on Monday, May 19th. UBS Group increased 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. The Goldman Sachs Group upped their target price on shares of National Vision from $13.00 to $17.00 and gave the company a "neutral" rating in a research note on Friday, May 9th. Bank of America raised shares of National Vision from an "underperform" rating to a "buy" rating in a report on Wednesday, May 7th. Finally, Wells Fargo & Company increased their price objective on shares of National Vision from $13.00 to $15.00 and gave the company an "equal weight" rating in a report on Thursday, May 8th. Five research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, National Vision presently has a consensus rating of "Hold" and a consensus target price of $17.75.
Read Our Latest Report on EYE
Insider Buying and Selling at National Vision
In other National Vision news, SVP Ravi Acharya sold 12,000 shares of the business's stock in a transaction that occurred on Tuesday, May 13th. The shares were sold at an average price of $18.75, for a total transaction of $225,000.00. Following the sale, the senior vice president now owns 11,700 shares of the company's stock, valued at approximately $219,375. The trade was a 50.63% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 2.70% of the stock is owned by insiders.
National Vision Stock Down 0.1%
NASDAQ:EYE opened at $20.86 on Friday. National Vision Holdings, Inc. has a twelve month low of $9.56 and a twelve month high of $21.73. The company has a market cap of $1.65 billion, a price-to-earnings ratio of -104.29, a price-to-earnings-growth ratio of 3.27 and a beta of 1.02. The stock has a fifty day simple moving average of $15.09 and a 200-day simple moving average of $12.84. The company has a current ratio of 0.57, a quick ratio of 0.37 and a debt-to-equity ratio of 0.30.
National Vision (NASDAQ:EYE - Get Free Report) last released its quarterly earnings data on Wednesday, May 7th. The company reported $0.34 earnings per share for the quarter, beating the consensus estimate of $0.32 by $0.02. The firm 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 3.52% and a negative net margin of 0.81%. The firm's quarterly revenue was up 5.7% on a year-over-year basis. During the same period in the previous year, the company posted $0.32 earnings per share. Analysts anticipate that National Vision Holdings, Inc. will post 0.31 EPS for the current year.
National Vision Profile
(
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.
See Also
Want to see what other hedge funds are holding EYE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for National Vision Holdings, Inc. (NASDAQ:EYE - Free Report).

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