Nuveen Asset Management LLC Trims Stake in National Vision Holdings, Inc. (NASDAQ:EYE)

Nuveen Asset Management LLC decreased its position in National Vision Holdings, Inc. (NASDAQ:EYE - Free Report) by 4.4% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 315,773 shares of the company's stock after selling 14,461 shares during the period. Nuveen Asset Management LLC owned 0.40% of National Vision worth $3,290,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Mercer Global Advisors Inc. ADV increased its stake in shares of National Vision by 6.1% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 22,470 shares of the company's stock worth $234,000 after purchasing an additional 1,298 shares during the last quarter. Wells Fargo & Company MN increased its stake in shares of National Vision by 3.2% during the 4th quarter. Wells Fargo & Company MN now owns 45,211 shares of the company's stock worth $471,000 after purchasing an additional 1,394 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of National Vision by 3.9% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 44,309 shares of the company's stock worth $462,000 after purchasing an additional 1,677 shares during the last quarter. Stoneridge Investment Partners LLC grew its stake 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 in the last quarter. Finally, Tower Research Capital LLC TRC grew its stake 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 in the last quarter.

Insider Buying and Selling

In other National Vision news, SVP Ravi Acharya sold 12,000 shares of the business's stock in a transaction dated Tuesday, May 13th. The shares were 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. The trade was a 50.63% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 2.70% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the stock. The Goldman Sachs Group lifted their price objective 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. Citigroup upgraded shares of National Vision from a "neutral" rating to a "buy" rating and lifted their price objective for the company from $13.00 to $21.00 in a research note on Friday, May 9th. UBS Group lifted their price objective on shares of National Vision from $18.00 to $20.00 and gave the company a "buy" rating in a research note on Thursday, May 8th. Barclays lifted their price objective on shares of National Vision from $14.00 to $17.00 and gave the company an "equal weight" rating in a research note on Monday, May 12th. Finally, Wells Fargo & Company raised their price target 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 analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, National Vision presently has an average rating of "Hold" and a consensus target price of $17.75.

National Vision Price Performance

Shares of NASDAQ EYE traded down $0.03 during mid-day trading on Thursday, reaching $20.86. 2,405,482 shares of the company were exchanged, compared to its average volume of 1,859,216. National Vision Holdings, Inc. has a 52 week low of $9.56 and a 52 week high of $21.73. The company has a quick ratio of 0.37, a current ratio of 0.57 and a debt-to-equity ratio of 0.30. The stock has a market capitalization of $1.65 billion, a PE ratio of -104.29, a PEG ratio of 3.27 and a beta of 1.02. The company's 50 day moving average price is $15.09 and its 200 day moving average price is $12.84.

National Vision (NASDAQ:EYE - Get Free Report) last posted its quarterly earnings data on Wednesday, May 7th. The company reported $0.34 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.32 by $0.02. National Vision had a negative net margin of 0.81% and a positive return on equity of 3.52%. The company 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 firm posted $0.32 EPS. The firm's revenue was up 5.7% compared to the same quarter last year. Sell-side analysts forecast that National Vision Holdings, Inc. will post 0.31 earnings per share for the current fiscal year.

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.