UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Has $2.31 Million Stock Holdings in National Vision Holdings, Inc. (NASDAQ:EYE)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in shares of National Vision Holdings, Inc. (NASDAQ:EYE - Free Report) by 17.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 221,741 shares of the company's stock after buying an additional 33,155 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.28% of National Vision worth $2,311,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the business. Tower Research Capital LLC TRC increased its stake in 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 acquiring an additional 3,291 shares during the period. Guggenheim Capital LLC acquired a new stake in shares of National Vision during the 4th quarter worth approximately $150,000. Norges Bank bought a new stake in shares of National Vision during the fourth quarter valued at approximately $176,000. KLP Kapitalforvaltning AS bought a new stake in shares of National Vision during the fourth quarter valued at approximately $178,000. Finally, Stoneridge Investment Partners LLC raised its stake in shares of National Vision by 16.5% in 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 in the last quarter.

Insider Activity

In related 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 completion of the sale, the senior vice president now directly owns 11,700 shares of the company's stock, valued at $219,375. The trade was a 50.63% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. 2.70% of the stock is currently owned by insiders.

National Vision Price Performance

Shares of NASDAQ EYE traded up $0.01 during mid-day trading on Tuesday, hitting $21.02. 1,534,191 shares of the stock were exchanged, compared to its average volume of 1,859,739. The stock's fifty day simple moving average is $15.61 and its two-hundred day simple moving average is $13.05. 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 $1.66 billion, a P/E ratio of -105.09, a PEG ratio of 3.27 and a beta of 1.24. 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 (NASDAQ:EYE - Get Free Report) last posted 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. National Vision had a negative net margin of 0.81% and a positive return on equity of 3.52%. The firm had revenue of $510.32 million during the quarter, compared to analysts' expectations of $510.30 million. During the same quarter last year, the company posted $0.32 EPS. The company's quarterly revenue was up 5.7% compared to the same quarter last year. As a group, analysts forecast that National Vision Holdings, Inc. will post 0.31 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on EYE shares. The Goldman Sachs Group lifted their price target on shares of National Vision from $13.00 to $17.00 and gave the stock a "neutral" rating in a research note on Friday, May 9th. Barclays lifted their target price on shares of National Vision from $14.00 to $17.00 and gave the company an "equal weight" rating in a research report on Monday, May 12th. Citigroup raised shares of National Vision from a "neutral" rating to a "buy" rating and upped their target price for the company from $13.00 to $21.00 in a research note on Friday, May 9th. Bank of America upgraded shares of National Vision from an "underperform" rating to a "buy" rating in a research note on Wednesday, May 7th. Finally, BMO Capital Markets set a $19.00 target price on National Vision and gave the stock a "market perform" rating in a report on Monday, May 19th. Five research analysts have rated the stock with a hold rating and four have issued a buy rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Hold" and an average target price of $17.75.

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.