Squarepoint Ops LLC Has $733,000 Stake in National Vision Holdings, Inc. (NASDAQ:EYE)

Squarepoint Ops LLC trimmed its stake in shares of National Vision Holdings, Inc. (NASDAQ:EYE - Free Report) by 73.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 70,363 shares of the company's stock after selling 194,890 shares during the quarter. Squarepoint Ops LLC owned 0.09% of National Vision worth $733,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of the business. SG Capital Management LLC acquired a new position in shares of National Vision in the 4th quarter worth approximately $11,827,000. Point72 Asset Management L.P. bought a new position in National Vision in the 4th quarter worth approximately $860,000. Polar Asset Management Partners Inc. bought a new position in National Vision in the 4th quarter worth approximately $2,264,000. Prentice Capital Management LP bought a new stake in shares of National Vision during the 4th quarter valued at $200,000. Finally, ProShare Advisors LLC raised its position in shares of National Vision by 44.4% during the 4th quarter. ProShare Advisors LLC now owns 23,480 shares of the company's stock valued at $245,000 after acquiring an additional 7,221 shares during the last quarter.

Insiders Place Their Bets

In other news, SVP Ravi Acharya sold 12,000 shares of National Vision stock in a transaction on Tuesday, May 13th. The stock was sold at an average price of $18.75, for a total value of $225,000.00. Following the transaction, the senior vice president now owns 11,700 shares in the company, valued at approximately $219,375. This trade 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. Corporate insiders own 2.70% of the company's stock.

National Vision Stock Performance

Shares of NASDAQ EYE traded up $0.26 during trading hours on Friday, reaching $21.12. 255,005 shares of the stock were exchanged, compared to its average volume of 1,853,043. The firm has a market capitalization of $1.67 billion, a price-to-earnings ratio of -105.29, a P/E/G ratio of 3.27 and a beta of 1.02. 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 52 week low of $9.56 and a 52 week high of $21.73. The stock's fifty day simple moving average is $15.09 and its 200 day simple moving average is $12.84.

National Vision (NASDAQ:EYE - Get Free Report) last announced its earnings results on Wednesday, May 7th. The company reported $0.34 earnings per share for the quarter, topping analysts' consensus estimates of $0.32 by $0.02. The company had revenue of $510.32 million for the quarter, compared to analyst estimates 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% compared to the same quarter last year. During the same quarter last year, the company earned $0.32 earnings per share. Sell-side analysts predict that National Vision Holdings, Inc. will post 0.31 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on EYE. Barclays lifted their target price on National Vision from $14.00 to $17.00 and gave the stock an "equal weight" rating in a report on Monday, May 12th. BMO Capital Markets set a $19.00 price objective on National Vision and gave the stock a "market perform" rating in a research report on Monday, May 19th. Bank of America raised National Vision from an "underperform" rating to a "buy" rating in a research report on Wednesday, May 7th. The Goldman Sachs Group raised their price target on National Vision from $13.00 to $17.00 and gave the company a "neutral" rating in a research note on Friday, May 9th. Finally, UBS Group raised their price target on National Vision from $18.00 to $20.00 and gave the company a "buy" rating in a research note on Thursday, May 8th. Five investment analysts have rated the stock with a hold rating and four have given a buy rating to the company's stock. According to data from MarketBeat, National Vision presently has an average rating of "Hold" and a consensus target price of $17.75.

National Vision 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.