National Vision Holdings, Inc. (NASDAQ:EYE) Shares Purchased by Burgundy Asset Management Ltd.

Burgundy Asset Management Ltd. boosted its stake in National Vision Holdings, Inc. (NASDAQ:EYE - Free Report) by 138.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 4,675,539 shares of the company's stock after buying an additional 2,715,582 shares during the period. Burgundy Asset Management Ltd. owned approximately 5.94% of National Vision worth $48,719,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of EYE. Tower Research Capital LLC TRC raised its holdings in National Vision by 87.5% in the 4th quarter. Tower Research Capital LLC TRC now owns 7,050 shares of the company's stock valued at $73,000 after buying an additional 3,291 shares during the period. Guggenheim Capital LLC purchased a new stake in National Vision in the 4th quarter valued at about $150,000. Norges Bank purchased a new stake in National Vision in the 4th quarter valued at about $176,000. KLP Kapitalforvaltning AS purchased a new stake in National Vision in the 4th quarter valued at about $178,000. Finally, Stoneridge Investment Partners LLC raised its holdings in National Vision by 16.5% in the 4th quarter. Stoneridge Investment Partners LLC now owns 17,511 shares of the company's stock valued at $182,000 after buying an additional 2,475 shares during the period.

Analysts Set New Price Targets

EYE has been the topic of several research analyst reports. Loop Capital boosted their price objective on shares of National Vision from $18.00 to $20.00 and gave the company a "buy" rating in a report on Thursday, May 8th. BMO Capital Markets set a $19.00 price target on shares of National Vision and gave the stock a "market perform" rating in a research note on Monday. UBS Group boosted their price target on shares of National Vision from $18.00 to $20.00 and gave the stock a "buy" rating in a research note on Thursday, May 8th. Wells Fargo & Company boosted their price target on shares of National Vision from $13.00 to $15.00 and gave the stock an "equal weight" rating in a research note on Thursday, May 8th. Finally, Bank of America upgraded shares of National Vision from an "underperform" rating to a "buy" rating in a research note on Wednesday, May 7th. Five analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Hold" and an average target price of $17.75.

Insider Transactions at National Vision

In other news, SVP Ravi Acharya sold 12,000 shares of the business's 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 completion of the transaction, the senior vice president now directly owns 11,700 shares of the company's stock, valued at approximately $219,375. The trade was a 50.63% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 2.70% of the company's stock.

National Vision Stock Up 0.5%

Shares of NASDAQ:EYE opened at $18.74 on Friday. National Vision Holdings, Inc. has a 1 year low of $9.56 and a 1 year high of $19.49. The firm has a market capitalization of $1.48 billion, a PE ratio of -93.70, a price-to-earnings-growth ratio of 3.27 and a beta of 1.02. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.57 and a quick ratio of 0.37. The firm's 50-day moving average is $13.68 and its two-hundred day moving average is $12.25.

National Vision (NASDAQ:EYE - Get Free Report) last announced its quarterly earnings data on Wednesday, May 7th. The company reported $0.34 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 business had revenue of $510.32 million during the quarter, compared to the consensus estimate of $510.30 million. During the same period in the previous year, the company posted $0.32 earnings per share. The business's revenue for the quarter was up 5.7% on a year-over-year basis. Analysts predict that National Vision Holdings, Inc. will post 0.31 EPS for the current year.

National Vision Company 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.

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