Maven Securities LTD Has $1.93 Million Holdings in National Vision Holdings, Inc. $EYE

Key Points

• Maven Securities increased its National Vision Holdings stake by 236.5% in the second quarter, ending with 101,348 shares valued at approximately $1.93 million.
• Other major investors also built positions, including BlackRock’s new $230.3 million stake and Wellington Management’s 39.6% increase to 7.67 million shares.
• Analysts maintain a generally positive outlook, with a “Moderate Buy” consensus and an average price target of $30.36, despite several recent target reductions. National Vision recently exceeded quarterly EPS estimates, reporting $0.25 versus expectations of $0.18.

Maven Securities LTD raised its holdings in National Vision Holdings, Inc. (NASDAQ:EYE - Free Report) by 236.5% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 101,348 shares of the company's stock after buying an additional 71,233 shares during the period. Maven Securities LTD owned about 0.13% of National Vision worth $1,927,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in EYE. BlackRock Inc. acquired a new position in shares of National Vision during the 2nd quarter worth approximately $230,295,000. Wellington Management Group LLP lifted its holdings in National Vision by 39.6% during the 2nd quarter. Wellington Management Group LLP now owns 7,669,853 shares of the company's stock valued at $145,804,000 after purchasing an additional 2,173,887 shares during the last quarter. William Blair Investment Management LLC bought a new position in National Vision during the second quarter worth $90,248,000. Arrowstreet Capital Limited Partnership boosted its position in National Vision by 15.3% during the third quarter. Arrowstreet Capital Limited Partnership now owns 3,295,290 shares of the company's stock worth $96,190,000 after purchasing an additional 437,655 shares during the period. Finally, Dimensional Fund Advisors LP increased its holdings in shares of National Vision by 1.1% in the first quarter. Dimensional Fund Advisors LP now owns 3,062,191 shares of the company's stock valued at $79,304,000 after purchasing an additional 32,595 shares during the last quarter.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on EYE shares. Wells Fargo & Company dropped their price objective on shares of National Vision from $30.00 to $20.00 and set an "equal weight" rating on the stock in a research report on Thursday, May 14th. Weiss Ratings downgraded shares of National Vision from a "hold (c)" rating to a "hold (c-)" rating in a report on Tuesday, August 25th. Bank of America decreased their price target on shares of National Vision from $35.00 to $30.00 and set a "buy" rating on the stock in a research note on Thursday, May 14th. Barclays lowered their price target on shares of National Vision from $38.00 to $27.00 and set an "overweight" rating on the stock in a report on Thursday, May 14th. Finally, Citigroup cut their price objective on shares of National Vision from $39.00 to $35.00 and set a "buy" rating for the company in a research report on Thursday, August 13th. Seven research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $30.36.

National Vision Stock Performance

Shares of NASDAQ EYE opened at $17.00 on Wednesday. The company has a debt-to-equity ratio of 0.25, a current ratio of 0.59 and a quick ratio of 0.27. The stock's fifty day moving average price is $19.68 and its two-hundred day moving average price is $21.43. National Vision Holdings, Inc. has a one year low of $14.75 and a one year high of $30.02. The firm has a market cap of $1.34 billion, a price-to-earnings ratio of 27.87, a P/E/G ratio of 1.32 and a beta of 0.98.

National Vision (NASDAQ:EYE - Get Free Report) last posted its earnings results on Wednesday, August 12th. The company reported $0.25 earnings per share for the quarter, topping analysts' consensus estimates of $0.18 by $0.07. National Vision had a return on equity of 6.78% and a net margin of 2.47%.The company had revenue of $498.81 million during the quarter. During the same period in the prior year, the business posted $0.18 EPS. The firm's quarterly revenue was up 2.6% compared to the same quarter last year. On average, equities analysts forecast that National Vision Holdings, Inc. will post 0.65 EPS for the current year.

About National Vision

National Vision Holdings, Inc is an American optical retailer specializing in accessible vision care and eyewear. The company operates under multiple retail banners, offering comprehensive eye health services and a wide range of optical products. Since its founding in the early 1990s, National Vision has focused on providing value-driven solutions, targeting underserved and price‐conscious consumer segments.

Through its primary retail brands—including America's Best Contacts & Eyeglasses, Eyeglass World, Optical America and Vista Optical—National Vision delivers services such as comprehensive eye examinations, prescription eyewear, contact lenses, sunglasses and lens accessories.

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